Security Guard & Patrol Workforce Software
The buyer population — Security guard and patrol services
Base industry report for 561612 →- Establishments · CanadaA
- 1,145
- Under 10 employeesA
- 34%
- Establishments · USA
- 10,659
- Employment · USA
- 764,680
- Payroll · USA
- $23.4B
Of 1,145 Canadian establishments with employees, 34% have fewer than ten — an industry where large establishments carry real weight. Each of those is one potential account, before any filter for size or fit.
Entry signal — what decides who wins here
One thing must be trueEntry turns on a single condition that can be named and tested before much is spent. Clear it and this becomes an execution question; fail it and no amount of operating skill helps.
Displace an incumbent the screen found well defended — payments attached to the workflow, data that does not leave, a contract that renews itself. Share here means giving a buyer a reason to break something that currently works, which is a higher bar than being better.
Measured, not forecast: the share of US establishments opening in one year that were still active later. It counts good operators and bad ones together, which is exactly why it is the honest answer to “what are the odds”. It is for the whole sector rather than this market, and the ten-year figure comes from an older cohort because no younger one has reached ten years.
This is not a probability of success, and it is not a verdict on you. No survival probability is published per market, and inventing one would be worse than saying so. What the bar reads is how much of the outcome sits inside an operator's control: green means the hurdles are ones a better operator clears, red means the binding constraint is capital, an asset or a permission rather than execution. Someone arriving with an advantage this screen did not assume can win a market shown in red.
Companies named in this market · 10
The binding constraint — incumbent vulnerability
Guard-company software has two incumbents, and a buyer usually needs both of them. The back office of the big guard firms runs on TEAM Software. WinTeam is an ERP that holds payroll, billing and job costing for contract security and janitorial companies. TEAM says 65% of the largest US security companies run on it [C, vendor, checked 2026-10-08]. It has sat inside WorkWave, an IFS company, since September 2021 [B, from the 561722 record]. The field layer has already been rolled up by Trackforce. Guard tours, post orders, incident reports, mobile patrols and client portals are its ground. Trackforce is backed by K1 Investment Management. It bought Silvertrac, the small-firm tool with 600+ North American customers, in January 2020 [B]. It then bought Montreal's TrackTik in June 2022, on undisclosed terms [B: BetaKit, K1 release]. TrackTik had raised $54.5M by then, the last $45M in January 2019 from Georgian and CDPQ [B]. Trackforce now sells TrackTik, GuardTek (its EMEA product) and Silvertrac under one roof, and claims 600k+ active users in 50+ countries [C, vendor]. The only Canadian champion in the category is therefore already inside a US private-equity platform. The funded challengers attack the gap between the two: one system for back office and field, sold to small and mid-size guard firms. Belfry (New York) raised a $12M Series A in January 2025 led by Base10 Partners, bringing it to $20M in total [B]. Guardhouse (Sydney) started on an A$850K seed in 2020 [B]. It took growth equity from Sundance Growth in March 2026 [B: BDO deal note, amount undisclosed]. In August 2026 it bought Florida's Mobohubb to add patrol verification and push into the US [C, vendor release]. Guard Owl reportedly raised a $3M seed led by Tower Research Capital in February 2026 [C, not confirmed from a primary source]. Below them is a long, cheap tail. QR-Patrol (Terracom, Greece) lists guard-tour plans from $3.20 a guard a month, and Guardix from $8.99 a user a month [C, vendor price pages]. OfficerReports (Baton Rouge) claims 700+ companies [C], and Celayix sells shift scheduling across security and healthcare. The buyers are consolidating faster than the software. Allied Universal closed its $5.28B purchase of G4S in March 2021, creating a $18B-revenue firm with 750,000+ staff [B]. Every large consolidation takes a WinTeam-or-Trackforce customer off the market for a newcomer. What is left is thousands of small, thin-margin guard firms. The best-funded entrant in years (Belfry, $20M) and an Australian roll-up (Guardhouse) are already chasing them. Incumbent vulnerability decides it. Neither incumbent is weak, the consolidators below them are pulling share toward the enterprise products, and the SMB seat is contested by Belfry, Guardhouse, Silvertrac and a sub-$10-a-guard tail. The only angle worth keeping is a narrow one for an operator: in BC, guard licensing and compliance tracking under the provincial security-worker licence regime could be sold as an add-on that plugs into TrackTik or WinTeam, rather than as a competing platform.
The incumbent
Who owns this market and who is coming for it. Fields a screen never reached say so rather than guessing.
The field
Every vendor named on this record, and what each one discloses. Most disclose nothing, which is why the market is not sized.
Competitor set · 9 named · 0 disclose revenue
| Name | Revenue | Share | Note |
|---|---|---|---|
| TEAM Software (WinTeam) — WorkWave / IFSC | not disclosed | — | Inside WorkWave since September 2021, terms undisclosed; WorkWave is an IFS company. No line broken out. Claims 65% of the largest US security companies [C, vendor] |
| Trackforce (TrackTik, GuardTek, Silvertrac)B | not disclosed | — | Private; K1 Investment Management portfolio company, HQ San Diego (per the 2022 release). Bought Silvertrac January 2020 (600+ customers) and TrackTik June 2022, both terms undisclosed [B]. TrackTik had raised $54.5M (Georgian, CDPQ, Inovia, Klass Capital) and its investors reinvested part of the proceeds [B: BetaKit]. Claims 600k+ active users in 50+ countries [C] |
| BelfryB | not disclosed | — | Private, New York. $12M Series A January 2025 led by Base10 Partners with Bienville Capital and Aglaé Ventures; $20M total [B: Pulse 2.0, Belfry release]. Scheduling, timekeeping, payroll and billing in one platform |
| Guardhouse (Mobohubb)B | not disclosed | — | Private, Sydney. A$850K seed late 2020 [B: Startup Daily]; Sundance Growth investment completed March 2026, amount undisclosed [B: BDO]; acquired Mobohubb (Boynton Beach, Florida) August 2026 [C, vendor]. Claims 60,000 guards on rosters and ~20% of the Australian addressable market in 2020 [C] |
| Guard OwlC | not disclosed | — | $3M seed reported February 2026, led by Tower Research Capital [C: secondary news summary; no primary release or working homepage confirmed] |
| QR-PatrolC | not disclosed | — | Terracom S.A., Ioannina, Greece. Guard-tour app; claims ~1,200 company clients in 90 countries; $3.20–$11.10 per guard a month [C, vendor]. No funding disclosed |
| OfficerReportsC | not disclosed | — | Private, Baton Rouge, founded 2013. Claims 700+ security companies in 15 countries [C, vendor]. No funding disclosed |
| GuardixC | not disclosed | — | AI-pitched all-in-one guard management; $8.99–$19.99 per user a month [C, vendor]. HQ, founding and funding not stated |
| CelayixC | not disclosed | — | Shift scheduling and time-and-attendance sold to security among several industries (home healthcare, long-term care, hospitality) [C, vendor]. No funding disclosed |
Nobody here publishes revenue. The market is not sized for that reason — an estimate built on nothing would only look like knowledge.
Evidence
Evidence. Funding and deals are tier B from trade and startup press opened 2026-10-08: TrackTik's $54.5M and its June 2022 sale to Trackforce Valiant (BetaKit; K1 release); the $7M 2017 round (BetaKit); the $45M 2019 round from Georgian and CDPQ (Newswire release — currency not stated); Silvertrac's January 2020 sale with 600+ North American customers (K1 release); Belfry's $12M Series A, $20M total (Pulse 2.0); Guardhouse's A$850K seed (Startup Daily) and Sundance investment (BDO deal page); Allied Universal–G4S at $5.28B (Security Sales & Integration). Customer counts, user counts and the TEAM 65% claim are vendor statements [C]. Guard Owl's seed is from a secondary summary only [C]. Market size and vendor revenue UNVERIFIED — every vendor is private or inside a private parent, and none publishes revenue. Not opened: trackforce.com's and tracktik.com's sub-pages (Cloudflare), ASIS and GSX (blocked), Crunchbase and PitchBook.
Where the industry talks
The associations, forums and events where people in this trade actually talk shop — where to listen before entering, and where the first customers are found. Each link was opened on the date shown.
Says it is the largest US contract security association, representing firms that employ more than 500,000 security officers (sector employment, not membership).
Trade publication for professional security management in Canada.
Security trade news site with a protective operations and guard services section; carried the Trackforce, TrackTik and Silvertrac deal releases.
ASIS International (asisonline.org), its GSX event (gsx.org), IFPO and the Security Industry Association blocked automated fetches and are not listed. csis-scsi.org no longer serves the Canadian Society for Industrial Security (now a blog), so it is excluded.