Vivint, Inc.

Specialties

Vivint, Inc. is the largest home automation services provider in the U.S. Vivint offers simple, affordable home security, energy management, home automation, and solar solutions. Through a combination of award-​winning customer service and smart technology, Vivint is dedicated to protecting families, increasing energy efficiency, and simplifying lives. In 2011, Vivint’s Home Automation package and Advanced Security package received a Consumers Digest «Best Buy» rating. Vivint has over 13 years of experience and supports more than 800,000 customers throughout the United States and Canada.

History

Established in 1999.

In the summer of 1992, Todd Pedersen hired 10 friends to sell pest control out of a single-​wide trailer. By the end of the year, his team had expanded to 80 people, and in 1999, his direct-​to-​home sales approach led him to launch APX Alarm. The company rebranded as Vivint in 2011, which is now one of the fastest-​growing home technology companies in North America. Vivint has grown steadily every year since its inception and recently hit the landmark of $ 30 million RMR, a goal only two other companies in the industry have achieved. This growth has allowed Vivint to consistently climb the rankings of the SDM Top 100 list of largest residential security organizations. In 2013, Vivint was listed at number 46 on Forbes’ list of America’s Most Promising Companies. In 2012 Vivint was acquired by the Blackstone Group for more than $ 2 billion, marking the largest tech buyout in Utah history.

Meet the Business Owner

Todd P.

Business Owner

Todd Pedersen is the CEO and founder of Vivint Inc. He co-​founded Vivint because he saw an opportunity to sell high-​quality products using a personal approach, and under Todd’s leadership, Vivint has evolved from a groundbreaking idea into one of the fastest-​growing home technology companies. Todd also founded Vivint Solar in 2011, which has become the second largest residential solar power provider in the United States. As a result of his efforts in the business world and in the community, Todd was named the Ernst & Young Entrepreneur of the Year 2010 in the services category for the Utah Region. The award recognizes «outstanding entrepreneurs who are building and leading dynamic, growing businesses.» He was also named Utah’s Entrepreneur of the Year by Mountain West Capital Network and voted one of Utah’s 10 Coolest Entrepreneurs of 2013 by Utah Valley BusinessQ