KeyMe, a New York City-based locksmith startup, has closed $25 million in Series D funding to continue its expansion into retail and invest in more robust marketing. The latest round — led by Comcast Ventures, Battery Ventures and additional insider investor participants — brings the company’s total funds raised to more than $100 million.
KeyMe is designed to transform how people access and manage their keys, providing them with a secure and convenient way to copy and share keys and solve lockouts. The company offers smart kiosks inside major retailers that can copy keys in under 30 seconds, as well as a mobile app that enables customers to safely scan and save a digital copy of their keys for easy access.
Current KeyMe retail customers include Albertsons, Kmart, Kroger, Mall of America, Rite Aid, Sears and 7-Eleven.
“This new round of financing will assist us with continuing to meet our increasingly high retailer demand as we are delivering new foot traffic and profitable revenue streams,” said Greg Marsh, CEO of KeyMe in a statement. “We will be furthering our growth rate with significant scaling of our marketing activity.”