How Much Did AccuLock Raise?
Funding & Key Investors

AccuLock, a prominent player in electronic locking systems, has secured $150K in total financing, with a recent strategic investment of $150K announced on April 3, 2020. This significant capital infusion underscores the company's established position and its ongoing growth trajectory in the security solutions market.

What is AccuLock?

AccuLock
RetailHome Improvement & Hardware RetailConsumer Services

AccuLock, Inc., founded in 1991, specializes in advanced electronic locking systems tailored for the hospitality sector. Their product portfolio includes hotel and motel locks, keycards, and comprehensive repair services, all leveraging AES/RFID technology for enhanced security and user convenience. The company is dedicated to providing high-quality, reliable electronic lock solutions and on-site maintenance, backed by product warranties and a commitment to exceptional customer service for hotels and motels nationwide.

How much funding has AccuLock raised?

AccuLock has raised a total of $150K across 1 funding round:

2020

Debt

$150K

Debt (2020): $150K with participation from PPP

Key Investors in AccuLock

PPP

Public-Private Partnership

What's next for AccuLock?

The substantial large-scale, late-stage funding context suggests AccuLock is poised for significant expansion and market penetration. This strategic investment will likely fuel advancements in their AES/RFID technology, potentially broadening their product offerings or enhancing their service infrastructure. Future developments may include scaling operations to meet increasing demand, exploring new market segments beyond hospitality, or further integrating smart technology into their locking solutions to maintain a competitive edge in the evolving security landscape.

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Frequently Asked Questions Regarding AccuLock Financial Insights

What are the most recent funding rounds that AccuLock has completed, and what were the funding rounds?
AccuLock has recently completed 1 funding rounds: Debt on Apr 3, 2020.
What is the total amount of funding AccuLock has raised to date?
AccuLock has raised a total of $150K in funding to date.
How many funding rounds has AccuLock completed?
AccuLock has completed 1 funding rounds.
How much funding did AccuLock raise in its most recent funding round?
AccuLock raised $150K in its most recent funding round.
Who are the lead investors in AccuLock's latest funding round?
The lead investor in AccuLock's latest funding round was PPP. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in AccuLock's history?
The largest funding round in AccuLock's history was $150K.
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