# Klevio

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/klevio

- Industry: Consumer Products
- Headquarters: London, UK
- Website: www.klevio.com
- Total disclosed funding: $1.4M
- Latest round: Seed (Apr 3, 2017)
- Investors on record: 2

## About

Klevio LTD is a smart access control company that transforms traditional locks into smart locks, enhancing security and operational efficiency for various businesses through innovative key management solutions.Klevio LTD, founded in 2016 in London, UK, specializes in smart access control solutions. The company was founded by Marko Mrdjenovic and is currently led by CEO Ales Spetic. In April 2017, Klevio raised GBP 1.15 million in Seed funding from Blue Wire Capital and Salica Investments, valuing the company at GBP 2.33 million post-money.Klevio offers a comprehensive smart access control solution that transforms existing locks into smart locks, catering to businesses across various sectors. Their product suite includes a stylish hardware device for secure keyless access, an operational dashboard for advanced key sharing and monitoring, and a mobile app providing digital keys. This technology addresses key management challenges by allowing users to share and revoke access within seconds. Klevio serves property management companies, short-term rental operators, and business facilities, focusing on enhancing security and operational efficiency across Europe and North America.Klevio employs a subscription-based revenue model for its smart access solutions, which encompass both hardware and software components. Clients engage in transactions for hardware installation, followed by subscriptions to the operational dashboard and mobile app. This recurring revenue stream ensures ongoing access to the platform's features, with pricing plans tailored to the number of properties and keyholders.Klevio plans to leverage its recent Seed funding, raised on April 3, 2017, to support the development of new products and expand into additional markets. The company aims to enhance its product offerings and increase its presence in Europe and North America by the end of 2023, ensuring that businesses benefit from innovative access solutions.

## Funding rounds

- Seed, Apr 3, 2017, $1.4M — Blue Wire Capital, Salica Investments

## Investors

- Blue Wire Capital (https://capitalatlas.ai/funds/blue-wire-capital) — Seed
- Salica Investments (https://capitalatlas.ai/funds/salica-investments) — Seed