What is LocknCharge?
Founded in 2010 by Paul Symons, LocknCharge has evolved from a localized solution for desktop security into a global leader in the design and manufacture of tablet and laptop carts, wall cages, and specialized lockers. The company addresses the critical operational challenge of securing, syncing, and charging mobile devices at scale. By maintaining dual headquarters in Perth, Western Australia, and Madison, Wisconsin, LocknCharge effectively bridges the gap between innovative product design and international distribution. Their market position is defined by a deep understanding of the logistical friction inherent in large-scale device deployments, providing essential hardware that mitigates theft and ensures operational continuity for schools and businesses alike.
How much funding has LocknCharge raised?
LocknCharge has raised a total of $350K across 1 funding round:
Debt
$350K
Debt (2020): $350K with participation from PPP
Key Investors in LocknCharge
PPP
Public-Private Partnership
What's next for LocknCharge?
With this late-stage financing, LocknCharge is well-positioned to accelerate its strategic expansion and deepen its penetration into high-growth enterprise markets. The company is expected to leverage this capital to enhance its product development pipeline, focusing on next-generation charging technologies and integrated security features that cater to the evolving needs of digital-first organizations. As the reliance on mobile hardware continues to expand across global sectors, LocknCharge's focus on robust, reliable infrastructure will likely serve as a primary growth engine. Future initiatives will likely prioritize operational efficiency and the scaling of supply chain capabilities to meet the increasing demand for secure, high-density device management solutions.
See full LocknCharge company page
