RemoteLock Overview
- Year Founded
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2011
- Status
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Private
- Employees
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70
- Latest Deal Type
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Series B
- Latest Deal Amount
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$6.99M
- Investors
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11
RemoteLock General Information
Description
Developer of a cloud-based smart lock management system designed to offer secure and remote access control to the intended door. The company's platform offers a wifi-enabled remote lock system that helps to manage and control doors remotely by using codes while also being alerted when doors are unlocked, enabling customers to remotely control access for guests, employees, and support staff, saving time, money, and manpower.
Contact Information
Website
www.remotelock.comCorporate Office
- 100 East Tennessee Avenue
- Denver, CO 80209
- United States
Corporate Office
- 100 East Tennessee Avenue
- Denver, CO 80209
- United States
RemoteLock Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 10. Later Stage VC (Series B) | 30-Jan-2024 | $6.99M | Completed | Generating Revenue | ||
| 9. Debt - General | Completed | Generating Revenue | ||||
| 8. Secondary Transaction - Private | Completed | Generating Revenue | ||||
| 7. Later Stage VC (Series B) | 01-Dec-2021 | Completed | Generating Revenue | |||
| 6. Later Stage VC (Series A) | 22-Sep-2020 | Completed | Generating Revenue | |||
| 5. Debt - PPP | 13-Apr-2020 | Completed | Generating Revenue | |||
| 4. Accelerator/Incubator | 01-Jan-2019 | Completed | Generating Revenue | |||
| 3. Later Stage VC (Series A) | 11-May-2018 | Completed | Generating Revenue | |||
| 2. Accelerator/Incubator | 08-Mar-2017 | $2M | Completed | Generating Revenue | ||
| 1. Seed Round | 03-Oct-2014 | $2M | $2M | Completed | Generating Revenue |
RemoteLock Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Series B-4 | ||||||||
| Series B-3 | ||||||||
| Series B-2 | ||||||||
| Series B-1 | 1,125,927 | $0.000100 | $11.96 | $11.96 | 1x | $11.96 | 18.92% | |
| Series A | 1,070,000 | $0.000100 | $7.69 | $7.69 | 1x | $7.69 | 17.98% |
VC Exit Predictor
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Opportunity Score
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Exit Type
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RemoteLock Comparisons
Industry
Financing
Details
RemoteLock Competitors (4)
One of RemoteLock’s 4 competitors is Kisi, a Venture Capital-Backed company based in New York, NY.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Kisi | Venture Capital-Backed | New York, NY | ||||
| Nexkey | Venture Capital-Backed | Addison, TX | ||||
| UniKey | Venture Capital-Backed | Orlando, FL | ||||
| Loqed | Formerly VC-backed | Maarssen, Netherlands |
RemoteLock Related Research & Analysis
Explore institutional-grade private market research from our team of analysts.
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Verticals
RemoteLock Patents
RemoteLock Recent Patent Activity
| Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
|---|---|---|---|---|---|
| US-11049342-B1 | Intelligent lock credential validation | Active | 03-Sep-2020 | ||
| US-11948412-B2 | Intelligent lock credential validation | Active | 03-Sep-2020 | ||
| US-12300052-B2 | Intelligent lock credential validation | Active | 03-Sep-2020 | ||
| US-20220068061-A1 | Intelligent lock credential validation | Active | 03-Sep-2020 | ||
| US-20240362962-A1 | Intelligent lock credential validation | Active | 03-Sep-2020 | G07C9/00563 |
RemoteLock Signals
Growth Rate
Growth
Size Multiple
Key Data Points
Similarweb Unique Visitors
Majestic Referring Domains
RemoteLock Investors (11)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| Sun Mountain Capital | Venture Capital | Minority | ||
| Monfort | Family Office | Minority | ||
| UnitLeader | Venture Capital | Minority | ||
| Eastward Capital Partners | Venture Capital | Minority | ||
| Bridge Entrepreneurs Network | Accelerator/Incubator |
RemoteLock Acquisitions (1)
RemoteLock’s most recent deal was a Merger/Acquisition with SmartLock Europe. The deal was made on 14-Oct-2021.
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| SmartLock Europe | 14-Oct-2021 | Merger/Acquisition | Building Products |
RemoteLock FAQs
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When was RemoteLock founded?
RemoteLock was founded in 2011.
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Where is RemoteLock headquartered?
RemoteLock is headquartered in Denver, CO.
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What is the size of RemoteLock?
RemoteLock has 70 total employees.
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What industry is RemoteLock in?
RemoteLock’s primary industry is Business/Productivity Software.
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Is RemoteLock a private or public company?
RemoteLock is a Private company.
-
What is the current valuation of RemoteLock?
The current valuation of RemoteLock is .
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What is RemoteLock’s current revenue?
The current revenue for RemoteLock is .
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How much funding has RemoteLock raised over time?
RemoteLock has raised $37.7M.
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Who are RemoteLock’s investors?
Sun Mountain Capital, Monfort, UnitLeader, Eastward Capital Partners, and Bridge Entrepreneurs Network are 5 of 11 investors who have invested in RemoteLock.
-
Who are RemoteLock’s competitors?
Kisi, Nexkey, UniKey, and Loqed are competitors of RemoteLock.
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