# Tether Technologies

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/tether-technologies

- Industry: Business Support Services
- Headquarters: Seattle, US
- Website: www.tethertech.com
- Latest round: Series A (Jan 20, 2016)
- Investors on record: 1

## About

Tether Technologies, Inc. specializes in innovative digital tethering solutions aimed at enhancing key management across various sectors, significantly reducing the risks associated with master key loss.Founded in 2010 in Seattle, US, Tether Technologies, Inc. focuses on providing advanced key management solutions. The company has engaged in two deals, with the most recent occurring on January 20, 2016. Randy Neely is the founder of Tether Technologies, while Roman Gaufman serves as the CEO.Gravity by Tether Technologies offers the Gravity Key Tether, an industrial-grade digital tethering solution designed to secure master keys and access cards. This technology alerts users when keys are relocated outside designated areas, addressing the shortcomings of traditional key management. Gravity's clientele spans commercial properties, government facilities, hospitals, and educational institutions primarily in North America and Europe, aiming to enhance accountability and mitigate costs related to key loss events.The revenue model of Gravity by Tether Technologies is based on direct sales of the Gravity Key Tether and potential subscription services for ongoing support. The company targets facility managers and property owners through B2B transactions, where clients may incur one-time purchase costs for the tethering devices alongside additional revenue from service agreements and maintenance contracts. This pricing strategy is tailored to organizations seeking effective security solutions without incurring excessive costs.Following the Series A financing round on January 20, 2016, Tether Technologies plans to utilize recent funding to expand its product offerings, focusing on new tethering solutions. The company is also exploring entry into additional markets, with a particular interest in expanding its reach in Europe and Asia by 2024. These initiatives aim to enhance the company’s footprint in high-security sectors while providing innovative solutions for key control.

## Funding rounds

- Series A, Jan 20, 2016 — Keiretsu Capital

## Investors

- Keiretsu Capital (https://capitalatlas.ai/funds/keiretsu-capital) — Series A