How Much Did Budget Lock Raise?
Funding & Key Investors

Budget Lock has secured $34K in total financing, with a recent influx of $34K designated for substantial expansion capital. This investment marks a significant stage in the company's growth trajectory, aligning with a Series B/C funding context.

What is Budget Lock?

Budget Lock
Business ServicesSecurity Information and Event Management (SIEM)

Budget Lock is a family-owned mobile locksmith service that has been serving the greater Boston area since 1988. The company provides professional locksmith solutions for homes, vehicles, and businesses, including 24-hour emergency services. They specialize in the installation and servicing of locks, safes, and door hardware from leading manufacturers. Budget Lock's team of locksmiths are bonded and insured, and hold affiliations with the Massachusetts Locksmith Association and Associated Locksmiths of America, underscoring their commitment to professional standards in residential, automotive, and commercial locksmithing.

How much funding has Budget Lock raised?

Budget Lock has raised a total of $34K across 1 funding round:

2021

Debt

$34K

Debt (2021): $34K with participation from PPP

What's next for Budget Lock?

With the recent infusion of expansion capital, Budget Lock is poised for significant growth. This strategic financing is expected to fuel operational scaling, potentially expanding service areas, enhancing technological capabilities, and increasing fleet capacity to meet the growing demand for reliable mobile locksmith services. The company's established presence and comprehensive service offerings position it well to leverage this investment for market penetration and service diversification.

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Frequently Asked Questions Regarding Budget Lock Financial Insights

What are the most recent funding rounds that Budget Lock has completed, and what were the funding rounds?
Budget Lock has recently completed 1 funding rounds: Debt on Jan 25, 2021.
What is the total amount of funding Budget Lock has raised to date?
Budget Lock has raised a total of $34K in funding to date.
How many funding rounds has Budget Lock completed?
Budget Lock has completed 1 funding rounds.
How much funding did Budget Lock raise in its most recent funding round?
Budget Lock raised $34K in its most recent funding round.
Who are the lead investors in Budget Lock's latest funding round?
The lead investor in Budget Lock'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 Budget Lock's history?
The largest funding round in Budget Lock's history was $34K.
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