About Lockin
Lockin is a company based in Haidian (China) founded in 2014 by Chen Bin and Bin Chen. It operates as a Direct-to-Consumer (D2C). Lockin has raised $152.43 million across 10 funding rounds from investors including Xiaomi, Baidu and Lenovo. Lockin offers products and services including Veno Pro, Veno Plus, and Veno. Lockin operates in a competitive market with competitors including Assa Abloy, Level, Gate Labs, igloohome and Nuki Home Solutions, among others.
- Headquarter Haidian, China
- Founders Chen Bin, Bin Chen
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Sectors
Industrial Goods & Manufacturing
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Email
Locked
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Phone
Locked
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Website
Locked
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Social
Locked
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$152.43 M (USD)
in 10 rounds
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Latest Funding Round
Not available
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Investors
Xiaomi
& 18 more
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Employee Count
Not available
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Products & Services of Lockin
Lockin offers a comprehensive portfolio of products and services, including Veno Pro, Veno Plus, and Veno.
Palm vein recognition smart lock with video feature.
Palm vein recognition smart lock with video capability.
Entry-level palm vein recognition smart lock product.
Funding Insights of Lockin
Lockin has successfully raised a total of $152.43M across 10 strategic funding rounds. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in Lockin
Lockin has secured backing from 19 investors, including institutional and venture fund investors. Prominent investors backing the company include Xiaomi, Baidu and Lenovo.
| Investor | Description | Founded Year | Domain | Location |
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Venture capital fund focused on mobile, internet, deep technology, rural internet, AI, and multiple sectors
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Early-stage VC investments in Chinese tech startups are focused on.
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Tech companies in China are invested in by SIG China.
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Locked | Locked | Locked |
Investor details for Lockin
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Investments & Acquisitions by Lockin
Investment portfolio details for Lockin
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Financial Statements - Lockin
Detailed financials for Lockin
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Lockin Comparisons
Peer comparison for Lockin
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Competitors of Lockin
Lockin 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, Level, Gate Labs, igloohome and Nuki Home Solutions, 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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Smart locks are designed and sold by Level.
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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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| Locked | Locked | Locked |
Cloud-based smart door locks are manufactured for remote access.
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| Locked | Locked | Locked |
Provider of smart locks for diversified purposes
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Detailed competitors of Lockin
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Latest news on Lockin
Complete news archive for Lockin
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Frequently Asked Questions about Lockin
Lockin was founded in 2014.
Lockin is headquartered in Haidian, China. It is registered at Haidian, Beijing, China.
Chen Bin is the current CEO of Lockin. They have also founded this company.
Lockin is a funded company, having raised a total of $152.43M across 10 funding rounds to date.
Lockin is established as a prominent brand in vein recognition smart locks, focusing on advanced security solutions for family and individual use. The company operates within the smart home technology sector, offering products like Veno Pro, Veno Plus, and Veno, which integrate palm vein recognition and video features. Solutions are tailored for various scenarios including home renovation, lock replacement, and smart home integration. With a presence in over 50 countries, Lockin is supported by significant RD investment, holding over 800 patents worldwide. The companys products are designed to enhance safety and convenience through innovative technology.
Lockin's top competitors include igloohome, Assa Abloy and Level.
Lockin offers Veno Pro, Veno Plus, and Veno.
Lockin has 19 investors. Key investors include Xiaomi, Baidu, Lenovo, Redstar Macalline, and SiG - C.