How Much Did AccuLock Raise?
Funding & Key Investors

AccuLock, a veteran provider of specialized electronic security infrastructure, has successfully secured a major strategic investment to bolster its market position. This latest capital injection, totaling $150K, underscores the firm's enduring relevance in the hospitality sector. With a cumulative financial backing of $150K, the company continues to solidify its operational footprint, leveraging decades of industry expertise to navigate the evolving demands of hotel and motel security management.

What is AccuLock?

AccuLock
Business ServicesSecurity Information and Event Management (SIEM)

Established in 1991, AccuLock, Inc. has carved out a significant niche in the hospitality industry by providing sophisticated electronic locking systems. The company integrates advanced AES and RFID technology into its product suite, which includes keycard systems and comprehensive lock repair services. By focusing on the intersection of security and guest convenience, AccuLock serves as a critical partner for hospitality operators, ensuring that physical access control remains both reliable and technologically current. Their commitment to on-site maintenance and product warranties distinguishes them as a service-oriented leader in the security hardware space.

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?

With this late-stage funding, AccuLock is positioned to accelerate its service delivery capabilities and potentially expand its technological portfolio. The strategic allocation of this capital will likely focus on scaling maintenance operations and enhancing the digital integration of their locking systems to meet modern cybersecurity standards. As the hospitality industry undergoes a digital transformation, AccuLock's ability to provide robust, repairable, and secure access solutions will be pivotal in maintaining its competitive advantage. Future growth will likely hinge on the company's capacity to integrate next-generation authentication protocols while maintaining the high-touch service model that has defined its three-decade history.

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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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