CoastKey Overview
- Year Founded
-
2005
- Status
-
Acquired/Merged
- Employees
-
4
- Latest Deal Type
-
M&A
CoastKey General Information
Description
Developer of keyless ignition system intended to improve safety in leisure boats. The company's systems consist of a wireless engine kill switch and control unit which starts the engine using a changeable PIN code through a remote and turns of the engine automatically within seconds if the captain falls thereby, enabling boat crews to operate in a safer and hassle-free manner.
Contact Information
Website
www.coastkey.com(Operating Subsidiary)
Corporate Office
- 1618 NorthWest 2 Avenue
- Boca Raton, FL 33432
- United States
Corporate Office
- 1618 NorthWest 2 Avenue
- Boca Raton, FL 33432
- United States
CoastKey Valuation & Funding
Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
---|---|---|---|---|---|---|
3. Merger/Acquisition | 29-Apr-2019 | Completed | Generating Revenue | |||
2. Angel (individual) | 01-Jan-2015 | Completed | Generating Revenue | |||
1. Seed Round | 10-Jan-2008 | $754K | $754K | Completed | Startup |
CoastKey Patents
CoastKey Recent Patent Activity
Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
---|---|---|---|---|---|
US-7201619-B1 | Safety shut-off system for a powered vehicle | Active | 30-Nov-2005 | ||
US-20070270051-A1 | Electromechanical spring-powered actuator | Active | 30-Nov-2005 | ||
US-7553205-B2 | Electromechanical spring-powered actuator | Active | 30-Nov-2005 | B63C9/0005 |
CoastKey Executive Team (4)
Name | Title | Board Seat |
---|---|---|
Andrew Meyer | President | |
Ove Karlsen | Chief Operating Officer |
CoastKey Board Members (5)
Name | Representing | Role | Since |
---|---|---|---|
Bjørn Fossum | Self | Board Member | |
Hans Othar Blix | Self | Chairman | |
Thomas Anderson | Self | Board Member |
CoastKey Signals
CoastKey Former Investors (5)
Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
---|---|---|---|---|
Anderson Invest | Corporation | Minority | ||
IONS | Other | Minority | ||
Per-Morten Enersen Brown | Angel (individual) | Minority | ||
ProVenture Seed | Venture Capital | Minority | ||
Radix AS | Corporation | Minority |
CoastKey FAQs
-
When was CoastKey founded?
CoastKey was founded in 2005.
-
Where is CoastKey headquartered?
CoastKey is headquartered in Boca Raton, FL.
-
What is the size of CoastKey?
CoastKey has 4 total employees.
-
What industry is CoastKey in?
CoastKey’s primary industry is Marine.
-
Is CoastKey a private or public company?
CoastKey is a Private company.
-
What is CoastKey’s current revenue?
The current revenue for CoastKey is
. -
How much funding has CoastKey raised over time?
CoastKey has raised $754K.
-
Who are CoastKey’s investors?
Anderson Invest, IONS, Per-Morten Enersen Brown, ProVenture Seed, and Radix AS have invested in CoastKey.
-
When was CoastKey acquired?
CoastKey was acquired on 29-Apr-2019.
-
Who acquired CoastKey?
CoastKey was acquired by K Holdings and Sykkel Holding.
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