CoastKey Overview

  • Year Founded
  • 2005

Year Founded

  • Status
  • Acquired/​Merged

  • Employees
  • 4

Employees

  • 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

Ownership Status
Acquired/Merged
(Operating Subsidiary)
Financing Status
Formerly VC-backed
Corporate Office
  • 1618 NorthWest 2 Avenue
  • Boca Raton, FL 33432
  • United States
+1 (954)
Primary Industry
Marine
Parent Company
K Holdings
Vertical(s)
TMT
Corporate Office
  • 1618 NorthWest 2 Avenue
  • Boca Raton, FL 33432
  • United States
+1 (954)

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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
To view CoastKey’s complete valuation and funding history, request access »

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
You’re viewing 2 of 4 executive team members. Get the full list »

CoastKey Board Members (5)

Name Representing Role Since
Bjørn Fossum Self Board Member
Hans Othar Blix Self Chairman
Thomas Anderson Self Board Member
You’re viewing 3 of 5 board members. Get the full list »

CoastKey Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

Similarweb Unique Visitors

Majestic Referring Domains

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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
To view CoastKey’s complete investors history, request access »

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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