Safer Management

Safer Management provides attendance tracking software tailored for public school districts and colleges. Their solution directly addresses the critical need for accurate attendance records, which are essential for public schools to secure federal funding based on average daily attendance. By streamlining and optimizing the attendance process, Safer Management ensures that schools receive the financial resources they are entitled to, supporting their operational needs and educational programs.

Founded a year ago to solve inefficiencies observed in school sign-in procedures, Safer Management has rapidly expanded its reach. Currently serving 75 public schools and two colleges, the company boasts an annual recurring revenue of $621,000 with impressive 82% margins, demonstrating a strong business model and profitability. The future vision involves scaling the service to a wider audience, with a projected pricing model of $15 per student per year.

Considering the vast landscape of American public education, with approximately 70 million students, Safer Management taps into a substantial $1.4 billion market opportunity, indicating significant potential for growth and expansion within the education sector.