Lockitron

Acquired

Lockitron is a hardware company in Mountain View, United States, founded in 2009. It has raised $1.5M across 2 rounds, most recently a $1.5M Equity Crowdfunding in October 2012.

Employees
11–50
Founded
2009
Business Model
B2C
Total Funding
$1.5M
Last Round
$1.5M Equity CrowdfundingOct 2012
Rounds
2
Acquisition Date
Jan 2019

Totals include recorded grants and other qualifying funding, not just equity. What counts toward funding.

Indexed holds 2 funding rounds and 1 investor for this company. The full record is or through the API.

About

Lockitron was a smart lock device made by Apigy Inc., a Y Combinator-backed startup based in Mountain View, California, founded in 2009 by Cameron Robertson and Paul Gerhardt. The product allowed homeowners to lock and unlock their front door remotely via a smartphone app, web browser, or SMS. Virtual keys could be issued and revoked on demand, enabling access management for guests and contractors. In 2012, the company ran its own crowdfunding campaign and raised over .5 million in preorders in its first week, subsequently open-sourcing the campaign software as Selfstarter. In early 2019, Lockitron was acquired by Chamberlain Group; the service was shut down on June 17, 2020.

Summary

It lists 11–50 employees. It has raised $1.5M in total across 2 rounds, most recently a $1.5M Equity Crowdfunding round in Oct 2012. Investors include Y Combinator.

Funding & Exit History

Data from Indexed.vcUpdated
AcquisitionAcquisition by Chamberlain GroupJan 2019

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Funding: Seed through Equity Crowdfunding. Amounts, valuations, and investors where available.

Investors

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