Skip to content
High Tech Series B Founded 2013

NexKey

NexKey manufactures integrated access control systems that enable keyless building entry using smartphones and Apple Watch. The company develops electromechanical locks that can be retrofitted to existing door hardware, controlled through a companion mobile app and cloud-based management portal. NexKey allows businesses to instantly grant and revoke access from anywhere, receive event notifications, and gain…

📍 Emeryville, United States · IoT Applications,

Funding snapshot

Last roundSeries B
Amount$11M
Date5 November 2021
Total raised$11M
Team size11

About

NexKey manufactures integrated access control systems that enable keyless building entry using smartphones and Apple Watch. The company develops electromechanical locks that can be retrofitted to existing door hardware, controlled through a companion mobile app and cloud-based management portal. NexKey allows businesses to instantly grant and revoke access from anywhere, receive event notifications, and gain intelligent insights on building usage. The system supports integrations with existing business tools and serves commercial offices, coworking spaces, gyms and fitness studios, places of worship, beauty and wellness establishments, real estate offices, retail stores, golf clubs, and event spaces. NexKey offers a dealer program for installation partners and eliminates the need for physical keys, key cards, or fobs. Founded in 2013 and headquartered in Emeryville, California, NexKey has raised approximately $10.8 million in Series B funding from investors including Upfront Ventures, K9 Ventures, and Stanley Ventures.

Business model

Security & Surveillance Technology > PIAM > PACS > Integrated Platform

Team background

College Wise > Massachusetts Institute of Technology, Stanford University

Institutional investors

Stanley Ventures Upfront Ventures K9 Ventures Mark IV Capital Lagomaj Anand Chandrasekaran.

Latest coverage

No articles yet.

Raising like NexKey?

Analyze your pitch deck before your next raise.

Analyze My Deck →