What is KIWI?
KIWI has successfully transitioned beyond its critical start-up phase, now connecting over 100,000 residential units to its infrastructure. The company has established robust partnerships with prominent entities including Allianz, Aareon, ALBA, Berlin Fire Brigade, Deutsche Post, and Schindler, all of whom recognize the security and future-readiness of the KIWI system. Since 2017, Deutsche Wohnen has been a key strategic investor, progressively equipping its entire portfolio of 160,000 residential units with the KIWI system. Further solidifying its market position, Swiss company Arbonia AG, a leading European door manufacturer for high-rise buildings, became a strategic investor in 2018. Arbonia AG's investment followed an extensive evaluation of various locking system manufacturers, ultimately leading them to select KIWI for its digital access solutions within the context of building digitalization.
How much funding has KIWI raised?
KIWI has raised a total of $4.3M across 1 funding round:
Series A
$4.3M
Series A (2015): $4.3M with participation from Paua Ventures and J.F. Muller & Sohn
Key Investors in KIWI
Paua Ventures
Paua Ventures is an early-stage venture capital firm that supports innovative founders building disruptive companies. They act as company builders and sparring partners throughout the entire life cycle of their investments.
J.F. Muller & Sohn
J.F. Muller & Sohn is an investment holding company. As a family-oriented entity, they view business relationships as part of a larger whole and are based in Hamburg, Germany.
What's next for KIWI?
The substantial enterprise-level funding and strategic investments from major players like Deutsche Wohnen and Arbonia AG signal KIWI's strong growth trajectory and its pivotal role in the digitalization of real estate access. This capital infusion is expected to fuel further expansion, enhance technological development in smart access control, and broaden the company's market penetration across Europe. KIWI's focus on security and integration positions it for continued success in the burgeoning PropTech sector, likely leading to further strategic partnerships and market leadership in smart building solutions.
See full KIWI company page