CoastKey Overview

  • Founded
  • 2005
  • Status
  • Acquired/​Merged
  • Latest Deal Type
  • M&A

CoastKey General Information


Developer of keyless ignition system intended to improve safety in leisure boats. The company's systems consist of wireless engine kill switch and control unit which starts the engine using a changeable PIN code through remote and turns of the engine automatically within 2 seconds if the captain falls, enabling boat crews and to operate in a safer and hassle-free manner.

Contact Information

Ownership Status
(Operating Subsidiary)
Financing Status
Formerly VC-backed
Primary Industry
Electrical Equipment
Parent Company
K Holdings
Primary Office
  • Østre Strandvei 52
  • 3482 Tofte
  • Norway
+47 32 00 00 00
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CoastKey Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
3. Merger/Acquisition 29-Apr-2019 00000 Completed Generating Revenue
2. Angel (individual) 01-Jan-2015 00000 Completed Generating Revenue
1. Seed Round 10-Jan-2008 $754K $754K Completed Startup
To view CoastKey’s complete valuation and funding history, request access »

CoastKey Executive Team (3)

Name Title Board Seat Contact Info
Jarle Mørch Chief Executive Officer
Andrew Meyer President
Pål Sørensen Chief Technology Officer
To view CoastKey’s complete executive team members history, request access »

CoastKey Board Members (6)

Name Representing Role Since
Bjørn Anders Fossum Self Board Member 000 0000
Erik Elnes Self Board Member 000 0000
Hans Othar Blix Self Chairman 000 0000
Thomas Anderson Self Board Member 000 0000
You’re viewing 4 of 6 board members. Get the full list »

CoastKey Former Investors (6)

Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info
Anderson Invest Other Minority 000 0000 000000 0
IONS Other Minority 000 0000 000000 0
Kevin D'Silva Angel (individual) Minority 000 0000 000000 0
Per-Morten Enersen Brown Angel (individual) Minority 000 0000 000000 0
ProVenture Seed Venture Capital Minority 000 0000 000000 0
You’re viewing 5 of 6 investors. Get the full list »