Denver, United States
KoreLock is a leading provider of end-to-end IoT smart lock enablement technology for lock manufacturers, brands, and software platforms. Founded in 2022 and headquartered in the United States, the company has garnered attention as a rising world leader in turnkey embedded smart lock technology. With a focus on embedded PCB solutions, KoreLock aims to simplify the development of connected smart locks, reduce costs, and expedite time-to-market for lock manufacturers worldwide.
The company's best-in-class technology is delivered through a PCBA module featuring KoreLock firmware, Wi-Fi for cloud connectivity, and Bluetooth for local control. Having already been embedded in 50,000+ devices across 65 countries, KoreLock has demonstrated its global reach and impact in the IoT smart lock market.
KoreLock plays a pivotal role in enabling lock manufacturers to transition their existing offline locks into connected smart locks. This offering addresses the needs of a diverse market, encompassing lock manufacturers, lock brands, specialty lock makers, and software companies, all of which face growing demand for connected products.
The company's noteworthy achievements include successfully providing a turnkey offering comprising all the necessary technologies for smart lock enablement. Moreover, the benefits to customers are significant, including speed and a low go-to-market cost to enter the fast-growing smart lock market, assurance that new smart lock products will reach the market, and cutting-edge smart lock product offerings without incurring R&D costs.
Having secured a Series A investment on 02 February 2023, KoreLock attracted notable investors such as Iron Gate Capital and Kozo Keikaku Engineering. This backing underscores the market's confidence in the company's potential and paves the way for its future growth and impact in the Information Technology sector.
