Salto Systems - About the company
Salto Systems is a series A company based in Oiartzun (Spain), founded in 2001 by Marc Handels. It operates as a Manufacturer of electronic access control systems. Salto Systems has raised an undisclosed amount in funding from Alantra. The company has 599 active competitors, including 48 funded and 37 that have exited. Its top competitors include companies like Latch, August and igloohome.
Company Details
Manufacturer of electronic access control systems. It manufactures networked electronic access control systems with the flexibility to scale and manage a number of locks. The company's solutions include the XS4 wireless online system for real-time access control and BLE-based systems to open locks using smartphone Bluetooth, the key for this solution is to receive OTA in the companion app with information about the lock it can open. The smart card-based solution can be used for both online and offline readers. The offline reader can also transmit battery status and blacklist data back to the smart card which can transmit to the central server using wall readers installed.
- Website
- saltosystems.com
- Email ID
- *****@saltosystems.com
- Registered Address
- 1 THE COURT,HOLYWELL BUSINESS PARK,SOUTHAM,WARWICKSHIRE,CV47 0FG
Key Metrics
Founded Year
2001
Location
Oiartzun, Spain
Stage
Series A
Latest Funding Round
Ranked
4th among 599 active competitors
Annual Revenue
£18.2M as on Dec 31, 2024
Employee Count
1,004 as on Mar 31, 2026
Legal entities associated with Salto Systems
Salto Systems is associated with 2 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
SALTO SYSTEMS LIMITED CIN: 8512943 , United Kingdom, Active | Apr 30, 2013 | $23.2M (As on Dec 31, 2024) | 48 (As on Dec 31, 2024) | |
Salto Systems ApS CIN: 36952733 , Denmark, Active | Jun 30, 2015 | - | - |
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Salto Systems's funding and investors
Salto Systems has raised funding over 1 round. Its latest funding round was a Series A round on Dec 30, 2013 for $*****. 1 investor participated in its latest round. Salto Systems has 4 institutional investors.
Here is the list of recent funding rounds of Salto Systems:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Dec 30, 2013 | 4612979 | Series A | 8406041 | 6544525 | 8319616 | 2973512 |
View details of Salto Systems's funding rounds and investors
Salto Systems' founders and board of directors
Founder? Claim ProfileThe founders of Salto Systems is Marc Handels.
Here are the details of Salto Systems' key team members:
- Marc Handels: Co-Founder & Chief Technology & Innovation Officer of Salto Systems and founder of 1 other company. Contact Info: 1 email address
View details of Salto Systems's Founder profiles and Board Members
Salto Systems' employee count trend
Salto Systems has 1,004 employees as of Mar 26. Here is Salto Systems's employee count trend over the years:
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Salto Systems's Competitors and alternates
Top competitors of Salto Systems include Latch, August and igloohome. Here is the list of Top 10 competitors of Salto Systems, ranked by Tracxn score:
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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 | 78/100 | |
2nd | August 2012, San Francisco (United States), Acquired | Provider of a smart lock and access system | $73.1M | 74/100 | |
3rd | Developer of keyless smart locks for both consumer and commercial applications | $20.3M | 73/100 | ||
4th | Salto Systems 2001, Oiartzun (Spain), Series A | Manufacturer of electronic access control systems | - | 67/100 | |
5th | Level 2010, Redwood City (United States), Acquired | Manufacturer of smart locks and related access control system components | $171M | 67/100 | |
6th | Kisi 2012, Brooklyn (United States), Seed | Developer of keyless access management platform for enterprises | $1.5M | 66/100 | |
7th | Nuki Home Solutions 2014, Graz (Austria), Public | Manufacturer of cloud-based smart door locks | $25.8M | 63/100 | |
8th | Alcatraz AI 2016, Palo Alto (United States), Series A | Provider of AI-powered facial authentication access control and security systems | $51.1M | 62/100 | |
9th | Dormakaba 1862, Indianapolis (United States), Public | Provides identity access management solution | - | 62/100 | |
10th | Provider of blockchain-based smart locks | $20.2M | 61/100 |
Looking for more details on Salto Systems's competitors? Click here to see the top ones
Salto Systems's Investments and acquisitions
Salto Systems has made 1 investments in companies including ESSECCA. Salto Systems has also acquired 4 companies including TouchByte and Cognitec.Here is the list of investments & acquisitions:
Filter this list
Date of Investment/Acquisition | Type | Company Name | Founded Year | Location |
|---|---|---|---|---|
Jul 03, 2023 | Investments | 2013 | Bad Fischau Brunn (Austria) | |
Apr 26, 2023 | Acquisition | 2015 | Penryn (United Kingdom) | |
Mar 08, 2022 | Acquisition | 2002 | Dresden (Germany) |
See all acquisitions by Salto Systems
Reports related to Salto Systems
Here is the latest report on Salto Systems's sector:
News related to Salto Systems
Media has covered Salto Systems for a total of 10 events in the last 1 year, 4 of them have been about company updates and 2 about partnerships.
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Alba, Aldi, and Temasek Bid for Salto SystemsExpansion•Apr 20, 2026•Corporacion Financiera Alba, Temasek, Salto Systems, CapitaLand
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Aldi founding family enters the bidding for Spanish Salto SystemsExpansion•Mar 26, 2026•Salto Systems, ALDI
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Corporación Alba analyzes its entry into Salto SystemsExpansion•Feb 26, 2026•Corporacion Financiera Alba, Salto Systems
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Salto Wecosystem Has Announced The Opening Of Its New Subsidiary In LithuaniaSalto Systems•Jul 23, 2025•Salto Systems
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Salto Launches XS4 One S: Modern Access Control Solution1st Academy of Security Science Education•Jul 15, 2025•Salto Systems
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Mews Digital Key Partners with Salto Smart Access for Enhanced Guest ExperienceTravolution•Jul 14, 2025•Mews, Salto Systems
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