What is KeyMe?
Founded in 2012 and headquartered in Jersey City, New Jersey, KeyMe has redefined the traditional locksmith industry through advanced retail automation. The company operates a vast network of thousands of kiosks that allow customers to create instant, high-precision copies of keys. Beyond its physical footprint, KeyMe integrates a mobile application that enables users to digitally scan keys and have them shipped directly to their location. This hybrid model of physical kiosks and digital fulfillment positions the company as a dominant force in the convenience-driven manufacturing space, effectively bridging the gap between legacy hardware needs and modern digital accessibility.
How much funding has KeyMe raised?
KeyMe has raised a total of $171.9M across 15 funding rounds:
Series A
$7.8M
Debt
$5.4M
Multiple Rounds
$40M
Series D
$25M
Unspecified
$50M
Other Financing Round
$35M
Debt
$1M
Debt
$75K
Debt
$477K
Series A (2014): $7.8M backed by White Star Capital and Battery Ventures
Debt (2015): $5.4M with participation from White Star Capital and Battery Ventures
Other Financing Round (2016): $5M led by City National Bank
Series B (2016): $20M supported by Comcast Ventures, White Star Capital, Battery Ventures, and 7-Ventures, LLC
Series C (2016): $15M featuring 7-Eleven, Comcast Ventures, QuestMark Partners, White Star Capital, and Battery Ventures
Series D (2017): $25M, investors not publicly disclosed
Unspecified (2019): $50M with participation from Blackrock
Other Financing Round (2020): $35M led by Brentwood Associates
Debt (2020): $1M supported by PPP
Debt (2026): $75K featuring Huntington National Bank
Debt (2026): $477K backed by Huntington National Bank
Key Investors in KeyMe
Battery Ventures
Battery Ventures is a global investment firm founded in 1983 that backs category-defining businesses across software, enterprise infrastructure, and industrial technology sectors.
White Star Capital
White Star Capital is a global multi-stage technology investment platform that partners with ambitious entrepreneurs to scale international businesses with a focus on digital transformation.
Comcast Ventures
Comcast Ventures is the venture capital affiliate of Comcast Corporation, focusing on high-growth investments in consumer, enterprise, and frontier technology companies.
What's next for KeyMe?
With the recent infusion of capital, KeyMe is well-positioned to accelerate its operational footprint and refine its technological infrastructure. The company's strategic focus remains on expanding its kiosk density in high-traffic retail environments while optimizing its supply chain for digital key fulfillment. As the firm moves into its next phase of maturity, it is expected to leverage its existing partnerships with major retail networks to drive further adoption. The continued support from institutional investors suggests a strong confidence in KeyMe's ability to maintain its category leadership and scale its innovative service model across broader geographic markets.
See full KeyMe company page
