SaaS

The smart padlocks that keep everything ultra-secure

February 23, 2023
Willowmore

Stay safe with Willowmore. This Singapore-based startup just raised a Series A+ round to build enterprise-level secure smart locks for enterprise and government sites! The amount's hush-hush, but here's what you should know.

Investor check. Oriza Greenwillow Technology Fund led the round. SEEDS Capital also joined in.

  • VentureCap Insights puts the total Series A round at $3M.

🔐 Lock and (no) key

Founded in 2014, they build heavy-duty smart padlocks and smart cabinet locks that are ultra-secure and keyless — all you need is their app.

  • No more issuing and managing physical keys, illegal key duplication and stressing about thefts and loss.
  • They're also secure, scalable and easily fit your current lock management systems.

🧑🏻‍💻 It's all in the tech

These smart locks are integrated with sensors, software platforms and CCTV systems too!

Management made super easy. Open and lock the locks from anywhere you are, and always make sure that only the right people have access.

  • Their smart access control management system lets you control who gets authorization to access sites, properties and items.
  • Get a full audit trail with access records.

See it all. Detect intrusions in real time, count visits and people, see visitor profiles and get alerts on maximum occupancy or abnormal behavior.

  • Know who accessed what and how long they spent there.
  • Monitor remotely through video.

💰 What's with the $$$?

They'll be growing their sales and engineering team, making more R&D investments and leveling up their AI capabilities. Plus, they'll be expanding to new markets like Malaysia and Australia.

On the product side, they're working on installing temperature, humidity, noise and air quality sensors to their solutions, so they can share more data and analytics their clients need.

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