About NexKey
NexKey is a company based in Emeryville (United States) founded in 2013 by Peter Russo.. NexKey has raised $10.8 million across 3 funding rounds from investors including Stanley Ventures, Upfront Ventures and K9 Ventures. NexKey offers products and services including Nexkey App and Nexkey Hardware. NexKey operates in a competitive market with competitors including HID Global, Allegion, Morpho, ActivIdentity and AlertEnterprise, among others.
- Headquarter Emeryville, United States
- Founders Peter Russo
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Sectors
Industrial Goods & ManufacturingTechnology
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Nexkey, Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$10.8 M (USD)
in 3 rounds
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Latest Funding Round
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Investors
Stanley Ventures
& 4 more
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Employee Count
Employee Count
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Products & Services of NexKey
NexKey offers a comprehensive portfolio of products and services, including Nexkey App and Nexkey Hardware. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
App for keyless entry and instant access management in businesses.
Hardware for smart door locking and monitoring in various spaces.
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Leadership Team
1 people
Investor Team
1 people
Customer Team
1 people
Software Development Team
1 people
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Funding Insights of NexKey
NexKey has successfully raised a total of $10.8M across 3 strategic funding rounds. 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 Total Funding
- Total Rounds 3
- Last Round Last Round
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First Round
First Round
(01 Dec 2018)
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2021 | Amount | Series B - NexKey | Valuation | Stanley Ventures |
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| Oct, 2019 | Amount | Series A - NexKey | Valuation | Upfront Ventures | |
| Dec, 2018 | Amount | Seed - NexKey | Valuation | Upfront Ventures |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in NexKey
NexKey has secured backing from 5 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Stanley Ventures, Upfront Ventures and K9 Ventures. 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.
| Investor | Description | Founded Year | Domain | Location |
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Strategic investments are made in innovative startups by Stanley Ventures.
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Founded Year | Domain | Location | |
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Venture capital funding is provided to early-stage companies.
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Founded Year | Domain | Location | |
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A technology-focused Pre-Seed fund in Palo Alto, California.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by NexKey
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - NexKey
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Nexkey Comparisons
Competitors of NexKey
NexKey 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 HID Global, Allegion, Morpho, ActivIdentity and AlertEnterprise, 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 |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Cloud-based physical identity and access management systems are developed.
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| domain | founded_year | HQ Location |
Cloud-based access control systems and electronic security products are developed.
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| domain | founded_year | HQ Location |
Secure identity authentication solutions are provided through biometric systems.
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| domain | founded_year | HQ Location |
Authentication and credential management solutions are provided by ActivIdentity.
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| domain | founded_year | HQ Location |
Cybersecurity solutions for converged IT and OT enterprises are provided.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Nexkey
Frequently Asked Questions about NexKey
When was NexKey founded?
NexKey was founded in 2013 and raised its 1st funding round 5 years after it was founded.
Where is NexKey located?
NexKey is headquartered in Emeryville, United States. It is registered at Emeryville, California, United States.
Who is the current CEO of NexKey?
Eric Trabold is the current CEO of NexKey.
Is NexKey a funded company?
NexKey is a funded company, having raised a total of $10.8M across 3 funding rounds to date. The company's 1st funding round was a Seed of $4.8M, raised on Dec 01, 2018.
What does NexKey do?
NexKey was founded in 2013 in Emeryville, United States, focusing on the security technology sector. Electromechanical locks designed for retrofitting to existing hardware are developed, alongside a companion mobile application for Android and iOS that enables remote management of access keys. Integration with third-party building management applications is planned through forthcoming APIs. Operations emphasize hardware and software solutions for access control.
Who are the top competitors of NexKey?
NexKey's top competitors include HID Global, Allegion and Vizpin.
What products or services does NexKey offer?
NexKey offers Nexkey App and Nexkey Hardware.
Who are NexKey's investors?
NexKey has 5 investors. Key investors include Stanley Ventures, Upfront Ventures, K9 Ventures, Mark IV Capital, and Anand Chandrasekaran..
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