About Mobiikey
Mobiikey is an Industrial Goods & Manufacturing company based in Bengaluru (India) founded in 2017 by Ravichandra Reddy and Rajeev Sarda. It operates in the Industrial Goods & Manufacturing, Business Services, and Energy & Utilities sectors. Mobiikey has raised $211.79 thousand across 3 funding rounds from investors including Sparrow Technologies, Laxmidhar Biswal and Avinash Reddy. The company has 2 employees. Mobiikey was last valued at $1.86 million in September 2019. Its chief executive is Ravichandra Reddy. Its focus areas include Real Estate and Construction Tech, Property Management Tech, Access Management and Keyless Home Entry. Its legal entity in India is Mobiikey Technologies Private Limited (U72200KA2017PTC106284). Its competitors include Openpath, Brivo, Spintly, Yale and i-Sprint and 4 more; 7 of its 9 listed competitors have raised funding.
Company details
Provider of cloud-based access control systems. Solutions are for properties (commercial residential), automobiles (rideshare rental vehicle fleets) and smart parcel lockers. Users can request access via the mobile app. The cloud-based back-end platform verifies user credentials and generates a unique digital token (based on cryptography techniques). The ECUcontroller in the door receives the unique digital token remotely via the app, authenticates the user and validates the access.
- Headquarters Bengaluru, India
- Employees 2
- Founders Ravichandra Reddy, Rajeev Sarda
- Stage Minicorn
- SectorsIndustrial Goods & ManufacturingBusiness Services Energy & Utilities Real Estate & Construction
- Email••••••••
- Phone•••• ••••
- Website mobiikey.com
- Social LinkedIn Facebook
- Legal Name Mobiikey Technologies Private Limited
- Date of Incorporation 11 Sep, 2017
- Jurisdiction Bangalore, Karnataka, India
- Annual Revenue₹10,900
FY 2025 · -99% YoY
- Net Loss-₹5.5 Lakh
FY 2025 · -5091% margin
- EBITDA-₹3.6 Lakh
FY 2025 · -3319% margin
- Total Equity Funding$211.79K (USD)
in 3 rounds
- Latest Funding Round$92.61K (USD), Seed
Sep 2019
- InvestorsSparrow Technologies
& 6 more
- Employee Count2
Associated legal entities of Mobiikey
Mobiikey operates through Mobiikey Technologies Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Mobiikey Technologies Private Limited CIN U72200KA2017PTC106284 | Active | 11 Sep 2017 | Bangalore, Karnataka | ₹0.0 Cr | 2 | 2 | View details |
Funding Insights of Mobiikey
Mobiikey has successfully raised a total of $211.79K across 3 strategic funding rounds. The most recent funding activity was a Seed round of $92.61 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 $211,788
- Total Rounds 3
- Last Round Seed — $92,610
- First Round $92,165
(Dec 2017)
- Investors Count 7
All 3 funding rounds of Mobiikey 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 | $92,610 | Seed | $1.86M | Sparrow Technologies | |
| Apr 2019 | $27,013 | Seed | $929,165 | Sparrow Technologies | |
| Dec 2017 | $92,165 | Seed | $••••• | Sparrow Technologies | – |
| Date | Valuation | Stage |
|---|---|---|
| Sep 2019 | $1.86M | •••••••• |
Last known valuation $1.86M (Sep 2019). 7 investors in total: 1 institutional and 6 angel.
Investors in Mobiikey
Mobiikey has secured backing from 7 investors, including institutional and angel investors. Prominent investors backing the company include Sparrow Technologies, Laxmidhar Biswal and Avinash Reddy.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
High-precision injection moulded components and assemblies are manufactured. | 1994 | sparrowit.com | Bengaluru, India | |
LB Laxmidhar Biswal | - | – | unknown_887bd214d8e04fc4a | - |
AR Avinash Reddy | - | – | unknown_16e3c22ba34b499ab | - |
VR Veragudi Reddy | - | – | unknown_5bf2e8b5c3d840f6a | - |
JU Jeeda Umesh | - | – | unknown_53a6d9d8721447d0b | - |
KC Kamakshi C V | - | – | unknown_a54be759be5f45a3a | - |
RR Rashmi Reddy | - | – | unknown_d238e5c9a5a64a3c8 | - |
Investor details for Mobiikey
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 Mobiikey Technologies Private Limited (Mobiikey)
Mobiikey Technologies Private Limited is the primary company behind Mobiikey. The board of Mobiikey Technologies Private Limited currently have 2 directors; the longest-serving is Ravichandra Reddy, appointed in 2017. 4 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Ravichandra Reddy DIN 07922540 | Director | 11 Sep 2017 | 9 yrs 1 mo | Mobiikey Technologies Private Limited |
| Yeragudi Jangama Reddy Visweswarareddy DIN 08806873 | Director | 13 Jul 2020 | 6 yrs 3 mo | Mobiikey Technologies Private Limited |
People of Mobiikey
2 people are tracked at Mobiikey (2 in leadership); the tracked headcount is 2.
| Name | Role | Group |
|---|---|---|
| Co-Founder & CEO | Leadership | |
| Co-Founder & Director | Leadership |
Complete people profiles for Mobiikey
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of Mobiikey
Figures of Mobiikey Technologies Private Limited, the primary company behind Mobiikey, for FY 2025. Revenue was ₹10,900 (-99% year on year). Net loss was -₹5.5 Lakh (-5091% margin). EBITDA was -₹3.6 Lakh (-3319% margin). Revenue has grown at a compounded annual rate of -73% over three years and -65% over five years.
- ₹10,900Revenue · FY 2025 · -99% YoY
- -₹5.5 LakhNet loss · -5091% margin
- -₹3.6 LakhEBITDA · -3319% margin
- ₹9.8 LakhPaid-up capital
- 2Employees (provident fund records)
- -73%Revenue CAGR, 3 years
- -65%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Mobiikey Technologies Private Limited are on its company page.
Detailed financial statements for Mobiikey
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 Mobiikey
4 dated milestones of Mobiikey across 2 years, from founding to its latest funding, stage changes and deals.
- Founded Mobiikey is founded.
- Funding First funding round of $92K.
- Funding Latest funding round, Seed, of $93K.
- Milestone Reaches Minicorn status.
Competitors of Mobiikey
Mobiikey has 9 listed competitors in our database, 7 of them funded. They include Openpath, Brivo, Spintly, Yale and i-Sprint, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| openpath.com | 2016 | Culver, United States | $63M | 83 | Cloud-based access control systems with mobile credentials are provided. | |
| brivo.com | 1999 | Bethesda, United States | $92M | 265 | Developer of AI and cloud-based integrated access control systems | |
| spintly.com | 2017 | Salcete, India | $5.87M | 119 | Provider of a cloud-based, wireless access control platform allowing users to access doors using their smartphones | |
| yalehome.com | 1840 | Stockholm, Sweden | – | – | Yale is recognized as a trusted brand daily. | |
| i-sprint.com | 2000 | Singapore | $9.85M | – | Cloud-based authentication solutions are offered through an online platform. | |
| doordeck.com | 2016 | London, United Kingdom | $272,497 | 3 | Cloud-based access control systems are provided for electronic locks. | |
| iloq.com | 2003 | Oulu, Finland | – | – | Battery-free smart lock systems are developed for secure access management. | |
| photosynth.co.jp | 2014 | Minato, Japan | $52.58M | – | Cloud-based access control systems are provided for buildings. | |
| scytale.io | 2017 | San Francisco, United States | $8M | 23 | Identity and access management solutions are provided for enterprises. |
Detailed competitors of Mobiikey
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 Mobiikey (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 | – | – |
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Frequently Asked Questions about Mobiikey
Mobiikey was founded in 2017.
Mobiikey is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Ravichandra Reddy is the current CEO of Mobiikey. They have also founded this company.
Mobiikey is a funded company, having raised a total of $211.79K across 3 funding rounds to date. The company's 1st funding round was a Seed of $92.17K, raised on Dec 2017.
Mobiikey has 2 employees.
The primary company behind Mobiikey, Mobiikey Technologies Private Limited, reported revenue of ₹10,900 for FY 2025, down 99% year on year.
Provider of cloud-based access control systems. Solutions are for properties (commercial residential), automobiles (rideshare rental vehicle fleets) and smart parcel lockers. Users can request access via the mobile app. The cloud-based back-end platform verifies user credentials and generates a unique digital token (based on cryptography techniques). The ECUcontroller in the door receives the unique digital token remotely via the app, authenticates the user and validates the access.
Mobiikey has 7 investors. Key investors include Sparrow Technologies, Laxmidhar Biswal, Avinash Reddy, Veragudi Reddy, and Jeeda Umesh.
The valuation of Mobiikey is $1.86M as of Sep 2019.
Mobiikey operates through Mobiikey Technologies Private Limited.
The legal entities of Mobiikey currently have 2 directors, including Yeragudi Jangama Reddy Visweswarareddy, Ravichandra Reddy.