About iLOQ
iLOQ is a company based in Oulu (Finland) founded in 2003 was acquired by Nordic Capital in October 2019.. iLOQ has completed 1 acquisition, including DreamIt. iLOQ offers products and services including Smart Locks, Smart Keys, and iLOQ S50. iLOQ operates in a competitive market with competitors including Assa Abloy, Openpath, Level, Brivo and Gate Labs, among others.
- Headquarter Oulu, Finland
-
Sectors
Industrial Goods & ManufacturingTechnology
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Iloq Danmark Aps
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Latest Funding Round
$77.16 M (USD), Debt – Conventional
Jan 28, 2020
- Investors
-
Employee Count
Employee Count
- Investments & Acquisitions
-
Acquired by
Nordic Capital
(Oct 15, 2019)
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of iLOQ
iLOQ offers a comprehensive portfolio of products and services, including Smart Locks, Smart Keys, and iLOQ S50. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Battery-free locks for secure access in various environments
Key-based or mobile solutions for effortless entry control
App-enabled locks for remote management and user convenience
Unlock access to complete
Funding Insights of iLOQ
- Total Funding Total Funding
- Total Rounds 1
- Last Round Debt – Conventional — $77.2M
-
First Round
First Round
(28 Jan 2020)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2020 | Amount | Debt – Conventional - iLOQ | Valuation |
investors |
|
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in iLOQ
iLOQ has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Nordic Capital. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
-
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by iLOQ
iLOQ has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include DreamIt. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Software development, virtualization, and web services are provided.
|
2005 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
OVO is recognized as a smart digital payment application.
|
2017 | ||||
|
Bionic investment advisor platform
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 |
Financial Statements - iLOQ
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Iloq Comparisons
Competitors of iLOQ
iLOQ operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Assa Abloy, Openpath, Level, Brivo and Gate Labs, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Provider of cloud-based access control systems
|
|
| domain | founded_year | HQ Location |
Cloud-based access control systems with mobile credentials are provided.
|
|
| domain | founded_year | HQ Location |
Smart locks are designed and sold by Level.
|
|
| domain | founded_year | HQ Location |
Developer of AI and cloud-based integrated access control systems
|
|
| domain | founded_year | HQ Location |
Camera-equipped smart locks are developed for home entry.
|
|
| domain | founded_year | HQ Location |
Keyless smart locks are developed for consumer and commercial applications.
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Latest news on Iloq
Frequently Asked Questions about iLOQ
When was iLOQ founded?
iLOQ was founded in 2003 and raised its 1st funding round 17 years after it was founded.
Where is iLOQ located?
iLOQ is headquartered in Oulu, Finland. It is registered at Oulu, North Ostrobothnia, Finland.
What does iLOQ do?
iLOQ was founded in 2003 in Oulu, Finland, where programmable lock and key systems are designed for residential and organizational use. Battery-free solutions are offered, utilizing smartphones or keys as power sources, and can be retrofitted into existing doors while maintaining compliance standards. Cloud-based platforms enable real-time access control, with open APIs supporting integrations into broader systems for efficient management in the security sector.
Who are the top competitors of iLOQ?
iLOQ's top competitors include igloohome, Openpath and Assa Abloy.
What products or services does iLOQ offer?
iLOQ offers Smart Locks, Smart Keys, and iLOQ S50.
How many acquisitions has iLOQ made?
iLOQ has made 1 acquisition, including DreamIt.
Who are iLOQ's investors?
iLOQ has 1 investor. Key investors include Nordic Capital.