How Much Did MassLock Raise?
Funding & Key Investors

MassLock has secured $114K in total capital, with its most recent financing round bringing in $114K. This significant strategic investment underscores the company's established position in the security solutions market, particularly within the Boston area. The company's funding trajectory, marked by this recent capital infusion, signals a move towards further expansion and operational enhancement in its late-stage development.

What is MassLock?

MassLock
Consumer ServicesRepair Services

MassLock Inc., operating since 1999, is a provider of comprehensive locksmith and security solutions for both individual and business clients in the Boston metropolitan area. The company offers a diverse product catalog that includes locks, keys, safes, door hardware, and advanced access control systems. Strategically located in Malden, MA, MassLock serves its clientele with a focus on enhancing physical security and access management. The company's operational hours are Monday through Thursday, 9 am to 5 pm, and Friday, 9 am to 4 pm.

How much funding has MassLock raised?

MassLock has raised a total of $114K across 1 funding round:

2021

Debt

$114K

Debt (2021): $114K with participation from PPP

Key Investors in MassLock

PPP

Public-Private Partnership

What's next for MassLock?

The recent major strategic investment into MassLock, occurring within the context of large-scale late-stage funding, suggests a pivotal moment for the company. This capital infusion is likely earmarked for scaling operations, enhancing technological capabilities in access control, and potentially expanding its service footprint beyond the Boston area. As a company with a long-standing presence, this financing round indicates a strategic pivot towards growth and modernization, aiming to solidify its competitive advantage in the evolving security services industry.

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Frequently Asked Questions Regarding MassLock Financial Insights

What are the most recent funding rounds that MassLock has completed, and what were the funding rounds?
MassLock has recently completed 1 funding rounds: Debt on Jan 26, 2021.
What is the total amount of funding MassLock has raised to date?
MassLock has raised a total of $114K in funding to date.
How many funding rounds has MassLock completed?
MassLock has completed 1 funding rounds.
How much funding did MassLock raise in its most recent funding round?
MassLock raised $114K in its most recent funding round.
Who are the lead investors in MassLock's latest funding round?
The lead investor in MassLock'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 MassLock's history?
The largest funding round in MassLock's history was $114K.
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