About minuteKEY
minuteKEY is a Business Services company based in Denver (United States) founded in 2008, and was acquired by Hillman Group in June 2018. Automated key duplication is provided via self-service kiosks. minuteKEY has raised $59.2 million across 9 funding rounds from investors including Hillman Group, Main Street Capital and Comvest Partners. Its website minutekey.com draws about 216 thousand monthly visits. Its focus areas include Consumer, Professional Consumer Services, Home-Services and Locksmith. Its legal entity is Minute Key, Inc. Its competitors include Hollman, Anderson Lock and Safe and SOKY Locksmith.
Company details
MinuteKEY was founded in 2008 in Denver, United States. Self-service kiosks are operated for key duplication in the hardware and automation sector. Original keys are inserted into the machine, which scans and produces duplicates in one minute. Multiple copies can be generated as needed. Several patents for the kiosk technology are pending approval. Operations focus on automated, unattended service at various locations.
- Headquarters Denver, United States
- Stage Acquired
- SectorsBusiness Services
- Website category Finance · Banking Credit and Lending
- Website minutekey.com
- Social LinkedIn X Facebook Instagram
- Acquired by Hillman Group (Jun 2018)
- Legal Name Minute Key, Inc.
- Total Equity Funding$59.2M (USD)
in 9 rounds
- Latest Funding Round$83M (USD), Debt – Conventional
Jan 2018
- InvestorsHillman Group
& 4 more
- Acquired byHillman Group
(Jun 2018)
Funding Insights of minuteKEY
minuteKEY has successfully raised a total of $59.2M across 9 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $83 million completed in January 2018. 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 $59.2M
- Total Rounds 9
- Last Round Debt – Conventional — $83M
- First Round $644,773
(Mar 2009)
- Investors Count 4
All 9 funding rounds of minuteKEY 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 |
|---|---|---|---|---|---|
| Jan 2018 | $83M | Debt – Conventional | – | – | |
| May 2016 | $2.5M | Series B | – | – | – |
| Oct 2014 | $30M | Series B | – | – | |
| May 2013 | $254,373 | Series B | – | – | – |
| Oct 2012 | $10M | Series B | – | – | – |
| Sep 2011 | $10.61M | Series B | – | Serent Capital | |
| Nov 2010 | $3.55M | Series A | – | – | – |
| Jul 2010 | $1.65M | Seed | – | – | – |
| Mar 2009 | $644,773 | Seed | – | – | – |
5 investors in total: 5 institutional.
Investors in minuteKEY
minuteKEY has secured backing from 5 investors, including venture fund and institutional investors. Prominent investors backing the company include Hillman Group, Main Street Capital and Comvest Partners.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Private equity and credit investment services for North American middle-market companies. | comvest.com | |||
Diversified alternative assets are managed via investment strategies. | 1997 | mainstcapital.com | Houston, United States | |
Early-stage ventures are funded by the investment firm. | matrix.vc | San Francisco, United States | ||
| serentcapital.com | ||||
Hardware and home improvement products are supplied to retail markets. | 1964 | hillmangroup.com | Cincinnati, United States |
Investor details for minuteKEY
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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People of minuteKEY
4 people are tracked at minuteKEY (2 in leadership, 2 in team).
| Name | Role | Group |
|---|---|---|
Dan Peck | VP of Operations | Leadership |
Chris Levine | Director of Operations | Leadership |
Don Mayberry | National Operations Support Manager | Team |
Brian Woolston | Regional Operations Manager | Team |
Complete people profiles for minuteKEY
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Timeline of minuteKEY
4 dated milestones of minuteKEY across 10 years, from founding to its latest funding, stage changes and deals.
- Founded minuteKEY is founded.
- Funding First funding round of $645K.
- Funding Latest funding round, Debt – Conventional, of $83.0M.
- Exit Acquired by Hillman Group.
Competitors of minuteKEY
minuteKEY has 3 listed competitors in our database. They include Hollman, Anderson Lock and Safe and SOKY Locksmith.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| hollman.com | 1976 | Irving, United States | 243 | Produces durable lockers for schools, gyms, workplaces, and healthcare facilities. | ||
| andersonlockandsafe.com | 1966 | Phoenix, United States | 20 | Offers mobile locksmith services for residential, commercial, and automotive security. | ||
| sokylocksmith.com | 2021 | Bowling Green, United States | Provides comprehensive residential and commercial locksmith services for enhanced security. |
Detailed competitors of minuteKEY
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Web traffic of minuteKEY
The website of minuteKEY (minutekey.com) receives about 215.7K visits a month and ranks #243,016 among all websites worldwide, #3,745 in Banking Credit and Lending.
- Monthly visits215.7K
▲ 41.9% vs previous month
- Unique visitors85K
per month
- Global rank#243,016
among all websites
- Category rank#3,745
Finance · Banking Credit and Lending
- Bounce rate40%
- Pages per visit3.1
- Average visit2 min 14 sec
- DevicesDesktop 24% · Mobile 76%
Websites whose visitors overlap most with minuteKEY. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| key.me | 100% | 251K | #172,993 | View details | |
locksmiths-now.com | locksmiths-now.com | 50% | #432,704 | – | |
| facebook.com | 49% | 12.1B | #3 | View details | |
| scitechdaily.com | 29% | #7,838 | View details | ||
| psfk.com | 21% | #4,584,946 | View details |
Top companies in Professional Consumer Services
3 companies that operate in the same segment as minuteKEY (Professional Consumer Services) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Waste collection and management services are provided nationwide. | 1968 | Houston, Texas, United States | USD 25.2 B | 61,700 | ||
Water treatment and hygiene solutions are provided for various industries. | 1998 | Fort Mill, South Carolina, United States | USD 486.9 M | USD 88.99 M | 491 | |
Hardware products are retailed through stores and online channels. | 1924 | Oak Brook, Illinois, United States | USD 516.88 M | 14,600 |
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Related news about Minutekey
Complete news archive for minuteKEY
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Frequently Asked Questions about minuteKEY
minuteKEY was founded in 2008 and raised its 1st funding round 1 year after it was founded.
minuteKEY is headquartered in Denver, United States. It is registered at Denver, Colorado, United States.
minuteKEY is a funded company, having raised a total of $59.2M across 9 funding rounds to date. The company's 1st funding round was a Seed of $644.77K, raised on Mar 2009.
MinuteKEY was founded in 2008 in Denver, United States. Self-service kiosks are operated for key duplication in the hardware and automation sector. Original keys are inserted into the machine, which scans and produces duplicates in one minute. Multiple copies can be generated as needed. Several patents for the kiosk technology are pending approval. Operations focus on automated, unattended service at various locations.
minuteKEY's top competitors include Hollman, Anderson Lock and Safe and SOKY Locksmith.
minuteKEY has 5 investors. Key investors include Hillman Group, Main Street Capital, Comvest Partners, Matrix, and Serent Capital.
minuteKEY operates through Minute Key, Inc..
Yes. minuteKEY was acquired by Hillman Group in June 2018.
The website of minuteKEY receives about 216 thousand visits a month and ranks #243,016 among all websites worldwide.