About Mobiikey
Mobiikey is a company based in Bengaluru (India) founded in 2017 by Ravichandra Reddy and Rajeev Sarda. 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 as of April 06, 2024. Mobiikey operates in a competitive market with competitors including Openpath, Brivo, Spintly, Yale and i-Sprint, among others.
- Headquarter Bengaluru, India
- Employees 2 as on 06 Apr, 2024
- Founders Ravichandra Reddy, Rajeev Sarda
- Stage Minicorn
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Sectors
Industrial Goods & ManufacturingBusiness Services Energy & Utilities Real Estate & Construction
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Email
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Website
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Social
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- Legal Name Mobiikey Technologies Private Limited
- Date of Incorporation 11 Sep, 2017
- Jurisdiction Bangalore, Karnataka, India
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Annual Revenue
$6.74 K (USD)-82.91as on Mar 31, 2022
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Net Profit
-$45.06 K (USD)-1257.16as on Mar 31, 2022
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EBITDA
-$29.3 K (USD)-323.29as on Mar 31, 2022
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Total Equity Funding
$211.79 K (USD)
in 3 rounds
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Latest Funding Round
$92.61 K (USD), Seed
Sep 02, 2019
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Investors
Sparrow Technologies
& 6 more
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Employee Count
2
as on Apr 06, 2024
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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.
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.
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High-precision injection moulded components and assemblies are manufactured.
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Laxmidhar Biswal |
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Avinash Reddy |
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Investor details for Mobiikey
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Investments & Acquisitions by Mobiikey
Investment portfolio details for Mobiikey
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Financial Statements - Mobiikey
Detailed financials for Mobiikey
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Mobiikey Comparisons
Peer comparison for Mobiikey
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Competitors of Mobiikey
Mobiikey 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 Openpath, Brivo, Spintly, Yale and i-Sprint, among others.
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Cloud-based access control systems with mobile credentials are provided.
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Developer of AI and cloud-based integrated access control systems
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Provider of a cloud-based, wireless access control platform allowing users to access doors using their smartphones
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Yale is recognized as a trusted brand daily.
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Cloud-based authentication solutions are offered through an online platform.
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Cloud-based access control systems are provided for electronic locks.
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Detailed competitors of Mobiikey
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Latest news on Mobiikey
Complete news archive for Mobiikey
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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.
As of Apr 06, 2024, the latest employee count at Mobiikey is 2.
Annual revenue of Mobiikey is $6.74K as on Mar 31, 2022.
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.