Lockitron

San Francisco, United States Founded: 2009 • Age: 17 yrs Acquired By Chamberlain Group
Mobile device-based smart lock for secured entry control
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About Lockitron

Lockitron is a company based in San Francisco (United States) founded in 2009 was acquired by Chamberlain Group in January 2019.. Lockitron operates in a competitive market with competitors including Assa Abloy, Level, Gate Labs, igloohome and Nuki Home Solutions, among others.

  • Headquarter San Francisco, United States
  • Sectors
    Industrial Goods & Manufacturing
    Technology
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Industrial Goods & Manufacturing → Security, Surveillance & Safety Systems → →
Technology → Internet of Things (IoT) & Connectivity → →
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
    Chamberlain Group

    & 4 more

  • Employee Count
    Employee Count
  • Acquired by
    Chamberlain Group

    (Jan 09, 2019)

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Funding Insights of Lockitron

  • Total Funding
  • Total Rounds 2
  • Last Round
  • First Round
  • Investors Count 3
Date Amount Transaction Name Valuation Lead Investors Investors
Mar, 2012 Amount Seed - Lockitron Valuation

investors
SV Angel
Aug, 2009 Amount Seed - Lockitron Valuation

investors
Y Combinator , a16z
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners

Investors in Lockitron

Lockitron has secured backing from 5 investors, including venture fund and institutional investors. Prominent investors backing the company include Chamberlain Group, SV Angel and Y Combinator. 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.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
SV Angel
Early-stage investments are provided to transformative technology companies.
Founded Year Domain Location
Y Combinator
Early-stage startups are accelerated via funding and educational programs.
Founded Year Domain Location
Andreessen Horowitz
Venture capital investments in technology sectors are handled by Andreessen Horowitz.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Amitabh Bachchan family office
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Signite Partners
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Sixteenth Street Capital
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
GGV Capital
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Lockitron

Investments
Company Name Description Domain Location Founded Year Amount
Bento Cloud
Bionic investment advisor platform
2016
48East
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
GrabKios by Kudo
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
48East
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Lockitron

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners

Lockitron Comparisons

Employees
+
Add Comparison
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Competitors of Lockitron

Lockitron 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. 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
Assa Abloy
domain founded_year HQ Location
Provider of cloud-based access control systems
Level
domain founded_year HQ Location
Smart locks are designed and sold by Level.
Gate Labs
domain founded_year HQ Location
Camera-equipped smart locks are developed for home entry.
igloohome
domain founded_year HQ Location
Keyless smart locks are developed for consumer and commercial applications.
Nuki Home Solutions
domain founded_year HQ Location
Cloud-based smart door locks are manufactured for remote access.
Igloocompany
domain founded_year HQ Location
Provider of smart locks for diversified purposes
Company Name Domain Founded year HQ Location Description
inDrive
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
Bolt
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
Gojek
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
Dunzo
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Lockitron

Frequently Asked Questions about Lockitron

When was Lockitron founded?

Lockitron was founded in 2009.

Where is Lockitron located?

Lockitron is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.

What does Lockitron do?

Lockitron was founded in 2009 in San Francisco, United States, and operates in the smart home security sector. Smartphone-enabled access is provided for homes and businesses, allowing remote granting of entry to family, friends, or guests via internet-connected devices. Bluetooth Low Energy is utilized for communication, and installation occurs over existing deadbolts without requiring a locksmith. Funding of 2.2 million was raised through a self-hosted crowdfunding campaign in October 2012.

Who are the top competitors of Lockitron?

Lockitron's top competitors include igloohome, Assa Abloy and Level.

Who are Lockitron's investors?

Lockitron has 5 investors. Key investors include Chamberlain Group, SV Angel, Y Combinator, Andreessen Horowitz, and LiftMaster.

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