When was Lockitron founded?

Lockitron was founded in 2009 and raised its 1st funding round within a year of its incorporation.

Where is Lockitron located?

Lockitron is headquartered in San Francisco, United States.

Is Lockitron a funded company?

Lockitron is a funded company, having raised an undisclosed amount across 2 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Aug 02, 2009.

When was the latest funding round of Lockitron?

Lockitron's latest funding was a $***** Seed round on Mar 01, 2012, with participation from 1 investor. Its primary sector is Smart Homes. In United States, the Smart Homes sector has seen $260M in funding in 2026 to date.

Where does Lockitron rank among its competitors?

Lockitron ranks 97th amongst 475 active competitors, of which 44 are funded. It stands 11th 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 Lockitron?

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

Lockitron - 2026 Company Profile, Team, Funding & Competitors

Company Details

Lockitron brings keyless entry using smartphone. Lockitron lets instantly grant family, friends and guests access to home or business from anywhere in the world using internet enabled smartphone. It works with any smartphone and uses Bluetooth Low Energy for communication. Lockitron installs in seconds over current deadbolt without the need for a locksmith. Raised $2.2M on a self hosted crowdfunding campaign in Oct 2012.

Website: lockitron.com
Social
Email ID: *****@lockitron.com

Key Metrics

Founded Year

2009

Location

San Francisco, United States

Stage

Acqui-Hired

Latest Funding Round

Seed, Mar 01, 2012, $*****

Investors

Andreessen Horowitz & 3 more

Ranked

97^th among 475 active competitors

Similar Companies

Latch & 509 more

View Lockitron's full profile

Lockitron has raised funding over 2 rounds. Its first funding round was on Aug 02, 2009. Its latest funding round was a Seed round on Mar 01, 2012 for $*****. 1 investor participated in its latest round. Lockitron has 4 institutional investors.

Here is the list of recent funding rounds of Lockitron:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Mar 01, 2012	7509523	Seed	2820499	4937431	2405354	5443010
Aug 02, 2009	4295806	Seed	6392338	6570344	1184260	Y Combinator & 1 more

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View details of Lockitron's funding rounds and investors

The founders of Lockitron are Paul Gerhardt and Cameron Robertson.

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

Paul Gerhardt: Co-Founder of Lockitron.
Cameron Robertson: Co-Founder of Lockitron.

View details of Lockitron's Founder profiles and Board Members

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Top competitors of Lockitron include Latch, August and Level. Here is the list of Top 10 competitors of Lockitron, 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, RRE Ventures & 32 others	79/100
2nd	August 2012, San Francisco (United States), Acquired	Provider of a smart lock and access system	$73.1M	Bessemer Venture Partners, Qualcomm Ventures ... & 34 others	76/100
3rd	Level 2010, Redwood City (United States), Acquired	Manufacturer of smart locks and related access control system components	$171M	Walmart, Lennar & 4 others	70/100
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	68/100
5th	Nuki Home Solutions 2014, Graz (Austria), Public	Manufacturer of cloud-based smart door locks	$25.8M	Cipio Partners, Austria Wirtschaftsservice ... & 5 others	64/100
6th	Lockin 2014, Haidian (China), Series D	Provider of smart lock & security system	$152M	Baidu, Xiaomi & 19 others	63/100
7th	Kwikset 1946, Middleton (United States), Unfunded	Manufacturer of residential and multifamily door locks and access control systems	-	-	62/100
8th	Yale 1840, Stockholm (Sweden), Acquired	Provider of smart locks	-	-	60/100
9th	Schlage 1920, Carmel (United States), Acquired	Provider of Bluetooth-based smart locks	-	-	59/100
10th	iLOQ 2003, Oulu (Finland), Acquired	Developer of programmable lock & key systems for homes	-	Sandhill, Sievi Capital	58/100
97th	Lockitron 2009, San Francisco (United States), Acqui-Hired	Mobile device-based smart lock for secured entry control	-	Andreessen Horowitz, SV Angel & 2 others	30/100