Tofte & Company – CSI Protect secures funding
We are proud to announce that CSI Protect has raised a significant round of financing from a group of investors led by Henrik Friborg.
From it’s US HQ in Los Angeles, CA. CSI Protect is building it’s North American business centred around Forensic DNA property marking, forensic coding and asset identification solutions which deter theft and aid recovery of stolen property.
The Company has been at the forefront of providing the Police and Insurance recommended property marking solutions since 2015. Since then, CSI Protect has helped homeowners, businesses, local authorities, hospitals and schools protect their property. With already established business relationships in 8 states and partnerships with several major Law Enforcement Agencies like LAPD, CSI Protect was seeking funding to ensure a rapid expansion throughout the entire US market. The past 3 years have shown outstanding results and all major US retailers and Law Enforcement Agencies have shown significant interest in protecting their local communities, employees and valuables using DNA technology.
We pride ourselves on top quality, accredited products, the best customer service and exceptional value. In fact, repeat business is growing as more and more satisfied customers return to us year after year. Key markets include B2B, Education, Government, Police and B2C. Our goal is to reduce a number of crimes including domestic and commercial burglary, robbery, metal theft, vehicle theft and theft of cycles.
“As a result of our rapid expansion in the US market additional funding was needed in order to keep momentum. Through a mutual international contact we were recommended to contact Sasja Dalgaard, Partner at Tofte & Company. Sasja came highly recommended, but being a US company seeking funding for a US expansion we were armed with a fair amount of skepticism and questions. I am happy to say that for the first phone call to the final Due Diligence we have received the most professional and result orientated advice and guidance from the entire Tofte & Company team, but Sasja has a special place in our CSI hearts. Sasja has continuously outperformed all out expectations and been a priceless partner during the entire process. The professional approach has allowed us to focus on our US operations while the funding process was on full speed. Being in the hands of a professional team allowed us to feel confident that we would achieve our common goal and find the right match for our business,” says Kristian Brandt, Co-Founder and & COO of CSI Protect.
“It has been a great pleasure to work alongside the founders Kristian Brandt and Henrik Olsen in this process and it is obvious that they possess the needed determination to conquer the US market. The product is unmatched and with the capital injection and an active investor team with deep industry knowledge they are on a path to succes. Lead investor – Henrik Friborg co-founded Milestone Systems (Sold to Canon Group in 2014) and that is a match that I am proud of since his past journey and experiences makes him the ideal investor for CSI Protect. I very much look forward to follow the company,” says Sasja Dalgaard, Partner at Tofte & Company.