How Much Did Baldino's Lock & Key Raise?
Funding & Key Investors

Baldino's Lock & Key has successfully secured a significant capital injection, bringing its total funding to $1.2M. This latest financing round, which contributed $830K to the company's balance sheet, underscores the firm's robust growth trajectory within the competitive security services sector. By leveraging this strategic investment, the organization is well-positioned to expand its operational footprint across the Virginia, Maryland, and Washington D.C. corridors, reinforcing its status as a critical infrastructure partner for both residential and commercial entities.

What is Baldino's Lock & Key?

Baldino's Lock & Key
Consumer ServicesRepair ServicesBusiness Services

Baldino's Lock & Key operates as a comprehensive security solutions provider, bridging the gap between traditional locksmithing and modern electronic access control. The company's service portfolio is extensive, encompassing high-security lock installation, sophisticated home automation integration, and specialized safe services. By maintaining a 24-hour emergency response capability, the firm has established a high-trust reputation for burglary prevention and custom security design. Their market position is defined by a commitment to physical security integrity, serving a diverse client base that demands reliability and technical expertise in an increasingly complex threat landscape.

How much funding has Baldino's Lock & Key raised?

Baldino's Lock & Key has raised a total of $1.2M across 2 funding rounds:

2020

Debt

$350K

2021

Debt

$830K

Debt (2020): $350K with participation from PPP

Debt (2021): $830K led by PPP

Key Investors in Baldino's Lock & Key

PPP

Public-Private Partnership

What's next for Baldino's Lock & Key?

With the infusion of this major strategic investment, Baldino's Lock & Key is poised to accelerate its digital transformation and service scalability. The company is expected to prioritize the integration of advanced electronic security systems and smart-home technologies, which are increasingly vital for modern enterprise-level security requirements. Future growth initiatives will likely focus on deepening market penetration in the D.C. metropolitan area, optimizing supply chain logistics for hardware procurement, and potentially expanding their technical workforce to meet the rising demand for high-end security design and installation services. This capital allocation strategy reflects a clear intent to dominate the regional physical security market through technological innovation and operational excellence.

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Frequently Asked Questions Regarding Baldino's Lock & Key Financial Insights

What are the most recent funding rounds that Baldino's Lock & Key has completed, and what were the funding rounds?
Baldino's Lock & Key has recently completed 2 funding rounds: Debt on Mar 12, 2021, Debt on Apr 28, 2020.
What is the total amount of funding Baldino's Lock & Key has raised to date?
Baldino's Lock & Key has raised a total of $1.2M in funding to date.
How many funding rounds has Baldino's Lock & Key completed?
Baldino's Lock & Key has completed 2 funding rounds.
How much funding did Baldino's Lock & Key raise in its most recent funding round?
Baldino's Lock & Key raised $830K in its most recent funding round.
Who are the lead investors in Baldino's Lock & Key's latest funding round?
The lead investor in Baldino's Lock & Key'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 Baldino's Lock & Key's history?
The largest funding round in Baldino's Lock & Key's history was $830K.
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