iLOQ

Oulu, Finland Founded: 2003 • Age: 23 yrs Acquired By Nordic Capital
Battery-free smart lock systems are developed for secure access management.
Annual revenue - Latest available
Total funding - 1 rounds
Employees - Tracked headcount
Investors 1 Known backers
Products 3 Services tracked
Competitors 8 Brand Intelligence

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 & Manufacturing
    Technology
  • Phone
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  • Website
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  • Social
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  • Legal Name Iloq Danmark Aps
Operational Areas
Industrial Goods & Manufacturing → Security, Surveillance & Safety Systems Unlock Sub-Sector Unlock Segment
Technology → Internet of Things (IoT) & Connectivity Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Latest Funding Round
    $77.16 M (USD), Debt – Conventional

    Jan 28, 2020

  • Investors
  • Employee Count
    Not available
  • Investments & Acquisitions
  • Acquired by
    Nordic Capital

    (Oct 15, 2019)

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Products & Services of iLOQ

iLOQ offers a comprehensive portfolio of products and services, including Smart Locks, Smart Keys, and iLOQ S50.

Product name locked
Category locked
Primary

Battery-free locks for secure access in various environments

Product name locked
Category locked
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Key-based or mobile solutions for effortless entry control

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App-enabled locks for remote management and user convenience

People of iLOQ

Headcount 200-500
Employee Profiles 96
Employee Profiles
People
Patrick Kaevski
Sales Manager
People
Juha Takku
Senior HW Engineer
People
Jean-Noël Galliot
Directeur Mondial Grands Comptes
People
Anu Vierula
Project Manager At ILOQ Oy

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Funding Insights of iLOQ

Investors in iLOQ

iLOQ has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Nordic Capital.

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Venture Fund
Investor Description Founded Year Domain Location
-
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Investor details for iLOQ

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  • Investor domains
  • Investor locations
  • Funding rounds
  • Participation history

Verified entity values are shown only after access is granted.

Investments & Acquisitions by iLOQ

iLOQ has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include DreamIt.

Investments
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Investment portfolio details for iLOQ

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  • Portfolio identities
  • Transaction dates
  • Round details
  • Investment values

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Acquisitions
Company Name Description Domain Location Founded Year Amount
Software development, virtualization, and web services are provided.
Locked Locked 2005 Locked
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Complete acquisition details for iLOQ

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  • Acquired stakes
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Financial Statements - iLOQ

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Detailed financials for iLOQ

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  • Profit trends
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Iloq Comparisons

iLOQ Primary company
Description
Battery-free smart lock systems are developed for secure acc...
Location
Oulu, Finland
Founded Year
2003
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for iLOQ

Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.

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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.

Company Name Domain Founded year HQ Location Description
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Provider of cloud-based access control systems
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Cloud-based access control systems with mobile credentials are provided.
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Smart locks are designed and sold by Level.
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Developer of AI and cloud-based integrated access control systems
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Camera-equipped smart locks are developed for home entry.
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Keyless smart locks are developed for consumer and commercial applications.
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Detailed competitors of iLOQ

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Latest news on Iloq

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Complete news archive for iLOQ

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Frequently Asked Questions about iLOQ

iLOQ was founded in 2003 and raised its 1st funding round 17 years after it was founded.

iLOQ is headquartered in Oulu, Finland. It is registered at Oulu, North Ostrobothnia, Finland.

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.

iLOQ's top competitors include igloohome, Openpath and Assa Abloy.

iLOQ offers Smart Locks, Smart Keys, and iLOQ S50.

iLOQ has made 1 acquisition, including DreamIt.

iLOQ has 1 investor. Key investors include Nordic Capital.

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