Minute Key
Latest round
- Series C
Last raised
- Oct 2014
Total raised
- $30M
Investors
- 1
About Minute Key
Minute Key Inc.Founded in 2009 and headquartered in Boulder, US, Minute Key Inc. specializes in automated key duplication. The company has undergone strategic developments to enhance its service model.Minute Key specializes in advanced key duplication services through its innovative robotic kiosk technology. The company’s primary offerings include key copying kiosks, which allow users to replicate traditional keys, car keys, and key fobs securely and conveniently. This technology is designed for a variety of end-users, including residential customers needing spare keys for homes or apartments and automotive owners seeking quick and cost-effective car key duplication, minimizing the need for dealership visits. Minute Key’s kiosks are strategically placed in high-traffic retail locations across various geographical markets, including urban centers and suburban areas throughout the United States, ensuring accessibility for a broad customer base.Minute Key generates revenue primarily through direct-to-consumer transactions at its key duplication kiosks. Customers engage with the kiosks to duplicate various types of keys, with pricing based on the type of key being replicated. These transactions typically occur in high-traffic retail environments, where customers can conveniently access the kiosks during regular shopping hours. The company’s revenue model revolves around a straightforward pricing structure for individual key duplication services, which ensures transparency and ease of use for consumers. Additionally, Minute Key may explore strategic partnerships with retailers for kiosk placement, enhancing visibility and driving transaction volume. plans to utilize resources to further enhance its product offerings and expand into new geographical markets. The company is particularly focused on increasing the number of kiosks in both urban and suburban areas across the United States to improve accessibility for its services. This expansion strategy aims to cater to an increasing customer base seeking fast and reliable key duplication solutions.
Who invested in Minute Key
1 investor across 1 round
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Funding rounds
Series C
Oct 1, 2014
Amount
$30M
Investors
Questions about Minute Key
Who invested in Minute Key?
Minute Key has 1 investor on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Minute Key raised?
Minute Key has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did Minute Key last raise money?
Minute Key's most recent round on record is a Series C, in Oct 2014.
What does Minute Key do?
Minute Key is a electronics company.
Where is Minute Key headquartered?
Minute Key is headquartered in Boulder, US.
Which VCs invest in companies like Minute Key?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back electronics companies at Minute Key's stage. Their profiles are linked below.
VCs backing electronics startups at Series C
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