LockState
Denver, Colorado, United States
How LockState hit $7.2M revenue with a 87 person team in 2023.
Provider of connected access control systems for commercial and residential markets designed to control access to any door. The company's systems offers Wifi enabled remote lock to manage doors remotely by using codes and also know when doors are unlocked, enabling home and business owners can centrally and remotely manage property access from anywhere.
2004
Founded
$7.2M
2023 Revenue
25.6%
YOY
$25.3M
Funding
LockState Revenue
In 2023, LockState revenue run rate hit $7.2M in revenue.
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2023
LockState hit $7.2M in revenue in 2023
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2021
LockState hit $4.8M in revenue in 2021
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2004
LockState launched in 2004 with $0 revenue
LockState Funding History
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2022 Series B
LockState raised a Series B of in January, 2022
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2018 Series A
LockState raised a Series A of in May, 2018
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2015 Seed Round
LockState raised a Seed Round of in November, 2015
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2008 Seed Round
LockState raised a Seed Round of in April, 2008
| FUNDING DATE | ROUND | AMOUNT | VALUATION |
|---|---|---|---|
| January, 20 2022 | Series B | ||
| May, 22 2018 | Series A | ||
| November, 30 2015 | Seed Round | ||
| April, 15 2008 | Seed Round |
Team
LockState has 87 total employees and 12 sales reps that carry a quota. an engineering team of 15 and a marketing team of 4.
| DISTRIBUTION | QTY |
|---|---|
| Total team size | 87 |
| Engineer | 15 (17%) |
| Sales | 12 (14%) |
| Marketing | 4 (5%) |
Founder / CEO
Nolan Mondrow
Since 2011, he's served RemoteLock as CEO, leading the company to become the top provider of cloud-based access control and smart lock management software. As RemoteLock transitions into fall and looks back on the successes — and challenges — the past year has brought the company, its customers, and its partners, Mondrow is preparing for another noteworthy year in which universal access control will finally begin to take shape.
Q&A
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What's your age?
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Favorite online tool?
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Favorite book?
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Favorite CEO?
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Advice for 20 year old self
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Customers
Churn
LockState Executives
| Name | Position | Working Email | Personal Email |
|---|---|---|---|
| Nolan Mondrow | CEO | [email protected] | - |
LockState Employees
| Name | Position | Working Email | Personal Email |
|---|---|---|---|
| Nolan Mondrow | CEO | [email protected] | - |
Frequently Asked Questions about LockState
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When was LockState founded?
LockState was founded in 2004.
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How much revenue does LockState generate?
LockState generates $7.2M in revenue.
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Who is the CEO of LockState
The CEO of LockState is Nolan Mondrow.
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How much funding does LockState have?
LockState raised $25.3M.
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How many employees does LockState have?
LockState has 87 employees.
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Where is LockState headquarters?
LockState is headquartered at Denver, Colorado, United States
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