When was Bitkey founded?

Bitkey was founded in 2018 and raised its 1st funding round within a year of its incorporation.

Where is Bitkey located?

Bitkey is headquartered in Chuo City, Japan.

Who is the current CEO of Bitkey?

Yuki Ejiri of Bitkey. They have also founded 1 company.

How many employees does Bitkey have?

As of Jul 01, 2024, the latest employee count at Bitkey is 52.

Is Bitkey a funded company?

Bitkey is a funded company, having raised a total of $20.2M across 4 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Nov 08, 2018.

When was the latest funding round of Bitkey?

Bitkey's latest funding was a $***** Series A round on May 12, 2021, with participation from 1 investor.

Where does Bitkey rank among its competitors?

Bitkey ranks 8th amongst 466 active competitors, of which 43 are funded. It stands 7th in terms of total funding among its competitors. The most recent competitor to raise funding was igloohome, which secured an undisclosed amount in May, 2024.

Who are the top competitors of Bitkey?

Bitkey's top competitors include Latch, August and Level. Among them, igloohome secured the most recent funding round in May, 2024.

Bitkey - 2026 Company Profile, Team, Funding & Competitors

Bitkey is a series A company based in Chuo City (Japan), founded in 2018 by Masanori Hotsuki, Masaki Fukuzawa and Yuki Ejiri. It operates as a Provider of blockchain-based smart locks. Bitkey has raised $20.2M in funding from investors like Global Brain, 31VENTURES and CARTA VENTURES. The company has 466 active competitors, including 43 funded and 27 that have exited. Its top competitors include companies like Latch, August and Level.

Company Details

Provider of blockchain-based smart locks. It has developed a smart lock device based on the blockchain, distributed systems and encryption technology. It can be integrated with the smartphone or Apple Watch. It makes use of an NFC card and face recognition based access control, for unlocking and locking remote management. The product can be used in homes, offices, and hotels.

Website: bitkey.co.jp
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Key Metrics

Founded Year

2018

Location

Chuo City, Japan

Stage

Series A

Total Funding

$20.2M in 4 rounds

Latest Funding Round

Series A, May 12, 2021, $*****

Investors

Global Brain & 10 more

Ranked

8^th among 466 active competitors

Employee Count

52 as on Jul 01, 2024

Similar Companies

Latch & 501 more

View Bitkey's full profile

Bitkey has raised a total funding of $20.2M over 4 rounds. Its first funding round was on Nov 08, 2018. Its latest funding round was a Series A round on May 12, 2021 for $*****. 1 investor participated in its latest round. Bitkey has 11 institutional investors.

Here is the list of recent funding rounds of Bitkey:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
May 12, 2021	3843012	Series A	3005449	9471167	4954403	1475080
Jan 23, 2020	7370555	Series A	9772276	5509895	5812059	3768400
Jul 10, 2019	9368772	Series A	8096209	9787278	3851336	Hankyu Hanshin Properties & 2 more

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View details of Bitkey's funding rounds and investors

The founders of Bitkey are Masanori Hotsuki, Masaki Fukuzawa and Yuki Ejiri. Yuki Ejiri is the CEO of Bitkey.

Here are the details of Bitkey's key team members:

Masanori Hotsuki: Co-Founder / Chief Creation Officer of Bitkey.
Masaki Fukuzawa: Co-Founder & CRO of Bitkey.
Yuki Ejiri: Co-Founder & CEO of Bitkey.

View details of Bitkey's Founder profiles and Board Members

Bitkey's employee count trend

Bitkey has 52 employees as of Jul 24. Here is Bitkey's employee count trend over the years:

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Top competitors of Bitkey include Latch, August and Level. Here is the list of Top 10 competitors of Bitkey, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Latch 2014, New York City (United States), Public	Provider of cloud-based smart locks for residential and commercial places	$153M	Lux Capital, Brookfield Asset Management ... & 32 others	78/100
2nd	August 2012, San Francisco (United States), Acquired	Provider of a smart lock and access system	$73.1M	Bessemer Venture Partners, Comcast Ventures ... & 33 others	73/100
3rd	Level 2010, Redwood City (United States), Acquired	Manufacturer of smart locks and related access control system components	$171M	Walmart, Lennar & 4 others	68/100
4th	igloohome 2015, Singapore (Singapore), Series B	Developer of keyless smart locks for both consumer and commercial applications	$32M	Insignia Ventures Partners, Wavemaker Partners ... & 46 others	66/100
5th	Nuki Home Solutions 2014, Graz (Austria), Public	Manufacturer of cloud-based smart door locks	$25.8M	Cipio Partners, Allegion & 5 others	63/100
6th	Lockin 2014, Haidian (China), Series D	Provider of smart lock & security system	$152M	Baidu, Xiaomi & 17 others	63/100
7th	Kwikset 1946, Middleton (United States), Unfunded	Manufacturer of residential and multifamily door locks and access control systems	-	-	62/100
8th	Bitkey 2018, Chuo City (Japan), Series A	Provider of blockchain-based smart locks	$20.2M	Goldman Sachs Investment Partners, Mirai Creation Fund ... & 9 others	61/100
9th	Schlage 1920, Carmel (United States), Acquired	Provider of Bluetooth-based smart locks	-	-	59/100
10th	Yale 1840, Stockholm (Sweden), Acquired	Provider of smart locks	-	-	59/100