About Lockn
Lockn is an Industrial Goods & Manufacturing company based in Hyderabad (India) founded in 2018. It operates as a contactless door access control systems are developed for secure entry. It operates in the Industrial Goods & Manufacturing and Technology sectors. Lockn has raised $50 thousand across 1 funding round from investors including The CoWrks Foundry. The company has 1 employees. Its Indian entity Lockn Technologies Private Limited reported revenue of ₹27.5 Lakh. Its focus areas include High Tech, Smart Homes, Home Security and Access Control. Its competitors include Assa Abloy, Openpath, Level, igloohome and Salto Systems and 2 more; 5 of its 7 listed competitors have raised funding.
Company details
Lockn was founded in 2018 and is headquartered in Hyderabad, India. Contactless door access control systems are developed by the company within the security technology sector. Operations focus on creating solutions that enable entry without physical interaction, supporting modern building management needs. The domain lockn.co is utilized for online presence, with activities centered on innovation in access control for various environments.
- Headquarters Hyderabad, India
- Employees 1
- SectorsIndustrial Goods & ManufacturingTechnology
- Email••••••••
- Phone•••• ••••
- Website lockn.co
- Social LinkedIn
- Legal Name Lockn Technologies Private Limited
- Date of Incorporation 20 Mar, 2018
- Jurisdiction Hyderabad, Telangana, India
- Annual Revenue₹27.5 Lakh
FY 2024 · +18942% YoY
- Net Profit₹27.2 Lakh
FY 2024 · 99% margin
- EBITDA₹27.2 Lakh
FY 2024 · 99% margin
- Total Equity Funding$50K (USD)
in 1 rounds
- Latest Funding Round$50K (USD), Seed
Sep 2019
- Investors
- Employee Count1
Associated legal entities of Lockn
Lockn operates through Lockn Technologies Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Lockn Technologies Private Limited CIN U74999TG2018PTC123124 | Active | 20 Mar 2018 | Hyderabad, Telangana | ₹0.3 Cr | – | 2 | View details |
Funding Insights of Lockn
Lockn has successfully raised a total of $50K through 1 strategic funding round. The most recent funding activity was a Seed round of $50 thousand completed in September 2019. 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.
- Total Funding $50,000
- Total Rounds 1
- Last Round Seed — $50,000
- First Round $50,000
(Sep 2019)
- Investors Count 1
All 1 funding rounds of Lockn with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep 2019 | $50,000 | Seed | – | The CoWrks Foundry | – |
1 investors in total: 1 institutional.
Investors in Lockn
Lockn has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include The CoWrks Foundry.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Startups across sectors are accelerated through dedicated programs. | – | cowrksfoundry.com | Bengaluru, India |
Investor details for Lockn
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Lockn Technologies Private Limited (Lockn)
Lockn Technologies Private Limited is the primary company behind Lockn. The board of Lockn Technologies Private Limited currently have 2 directors; the longest-serving is Tharun Reddy Chinthala, appointed in 2018.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Tharun Reddy Chinthala DIN 08090557 | Director | 20 Mar 2018 | 8 yrs 7 mo | Lockn Technologies Private Limited |
| Kandiraju Venkata Shanmukha Krishna Teja DIN 08090558 | Director | 20 Mar 2018 | 8 yrs 7 mo | Lockn Technologies Private Limited |
Financials of Lockn
Figures of Lockn Technologies Private Limited, the primary company behind Lockn, for FY 2024. Revenue was ₹27.5 Lakh (+18942% year on year). Net profit was ₹27.2 Lakh (99% margin). EBITDA was ₹27.2 Lakh (99% margin). Revenue has grown at a compounded annual rate of -19% over three years.
- ₹27.5 LakhRevenue · FY 2024 · +18942% YoY
- ₹27.2 LakhNet profit · 99% margin
- ₹27.2 LakhEBITDA · 99% margin
- ₹25 LakhPaid-up capital
- -19%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Lockn Technologies Private Limited are on its company page.
Detailed financial statements for Lockn
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Timeline of Lockn
2 dated milestones of Lockn across 1 years, from founding to its latest funding, stage changes and deals.
- Founded Lockn is founded.
- Funding First funding round of $50K.
Competitors of Lockn
Lockn has 7 listed competitors in our database, 5 of them funded. They include Assa Abloy, Openpath, Level, igloohome and Salto Systems, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| assaabloy.com | 1994 | Stockholm, Sweden | – | 9,172 | Provider of cloud-based access control systems | |
| openpath.com | 2016 | Culver, United States | $63M | 83 | Cloud-based access control systems with mobile credentials are provided. | |
| level.co | 2010 | Redwood, United States | $171M | – | Smart locks are designed and sold by Level. | |
| igloohome.co | 2015 | Singapore | $20.28M | – | Keyless smart locks are developed for consumer and commercial applications. | |
| saltosystems.com | 2001 | Oiartzun, Spain | – | 30 | Electronic access control systems are manufactured for scalable lock management. | |
| brivo.com | 1999 | Bethesda, United States | $92M | 265 | Developer of AI and cloud-based integrated access control systems | |
| getgate.com | 2014 | San Francisco, United States | $9.59M | – | Camera-equipped smart locks are developed for home entry. |
Detailed competitors of Lockn
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Top companies in Physical Security & Surveillance
10 companies that operate in the same segment as Lockn (Physical Security & Surveillance), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Cloud-based business telephony and home security services are provided. | 2004 | Palo Alto, California, United States | USD 87.97 M | USD 273.6 M | 1,190 | |
AI-powered cloud-based vehicle tracking solutions are offered for fleet owners. | 2015 | San Francisco, California, United States | USD 915 M | USD 1.62 B | 5,792 | |
Cloud-based smart security cameras are manufactured for home use. | 1999 | Provo, Utah, United States | USD 172 M | USD 341.04 M | 11,275 | |
Family and friends are connected through location-sharing mobile app. | 2008 | San Francisco, California, United States | USD 89.74 M | USD 489.48 M | 569 | |
Wireless home security systems are offered with cellular monitoring. | 2006 | Boston, Massachusetts, United States | USD 387 M | – | – | |
Enterprise video surveillance systems and platforms are developed. | 2016 | San Mateo, California, United States | USD 756.64 M | – | 3,047 | |
Wireless smart home security cameras and doorbells are provided. | 2009 | Boston, Massachusetts, United States | USD 40.07 M | – | – | |
Locations are identified and shared via unique three-word addresses. | 2013 | London, England, United Kingdom | USD 231.46 M | – | – | |
Provider of smart thermostats for commercial and residential applications | 2007 | Toronto, Ontario, Canada | USD 151.52 M | – | – | |
A personal safety network is provided for community protection. | 2017 | New York, New York, United States | USD 143.72 M | – | – |
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
Frequently Asked Questions about Lockn
Lockn was founded in 2018 and raised its 1st funding round 1 year after it was founded.
Lockn is headquartered in Hyderabad, India. It is registered at Hyderabad, Telangana, India.
Lockn is a funded company, having raised a total of $50K across 1 funding round to date. The company's 1st funding round was a Seed of $50K, raised on Sep 2019.
Lockn has 1 employees.
The primary company behind Lockn, Lockn Technologies Private Limited, reported revenue of ₹27.5 Lakh for FY 2024, up 18942% year on year.
Lockn was founded in 2018 and is headquartered in Hyderabad, India. Contactless door access control systems are developed by the company within the security technology sector. Operations focus on creating solutions that enable entry without physical interaction, supporting modern building management needs. The domain lockn.co is utilized for online presence, with activities centered on innovation in access control for various environments.
Lockn's top competitors include igloohome, Openpath and Assa Abloy.
Lockn has 1 investor. Key investors include The CoWrks Foundry.
Lockn operates through Lockn Technologies Private Limited.
The legal entities of Lockn currently have 2 directors, including Tharun Reddy Chinthala, Kandiraju Venkata Shanmukha Krishna Teja.