# Lockr

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

- Industry: Software
- Headquarters: Lincoln, US
- Website: www.getlockr.com
- Total disclosed funding: $0.3M
- Latest round: Seed (Dec 17, 2013)
- Investors on record: 2

## About

Lockr is a technology company offering solutions that enhance operational efficiency for businesses through innovative software applications designed for analytics, project management, and CRM.Founded in 2013 in Lincoln, US, Lockr specializes in technology solutions for improved operational efficiency. The company has not undergone any notable pivots or changes in its business operations. Lockr was founded by Chris Teitzel, who previously held positions in other tech ventures. The company successfully raised USD 0.25 million in Seed funding in December 2013 from Dundee Venture Capital and has raised a total of USD 0.25 million across its funding rounds.Lockr focuses on delivering innovative technology solutions aimed at enhancing operational efficiency for businesses across various sectors. Their core product offerings include a suite of software applications for data analytics, project management, and customer relationship management (CRM). These applications streamline processes, improve data-driven decision-making, and enhance collaboration among teams, serving a diverse range of users from SMEs to large corporations across North America, Europe, and parts of Asia.Lockr generates revenue primarily through subscription-based models and direct licensing of its software products. Clients typically engage in annual contracts that include access to the software, regular updates, and customer support services. The pricing structure is tiered to accommodate various business sizes and needs, ensuring long-term partnerships with clients for consistent revenue flow as businesses rely on their solutions for operational improvements.Lockr is currently designing new software applications aimed at further enhancing operational efficiency, with planned releases expected in the next fiscal year. The company is targeting expansion into European and Asian markets by 2024, leveraging recent funding to support these initiatives. The latest funding round raised USD 0.25 million in December 2013 and will be utilized to accelerate product development and market entry efforts.

## Funding rounds

- Seed, Dec 17, 2013, $0.3M — Dundee Venture Capital, Matchstick Ventures

## Investors

- Dundee Venture Capital (https://capitalatlas.ai/funds/dundee-venture-capital) — Seed
- Matchstick Ventures (https://capitalatlas.ai/funds/matchstick-ventures) — Seed