igloocompany is a technology company.
igloocompany has raised $12.0M across 1 funding round.
igloocompany has raised $12.0M in total across 1 funding round.
igloocompany is a Singapore-based technology company specializing in smart access solutions that enable secure, keyless entry to properties and assets. It builds a comprehensive platform combining hardware—such as smart locks, deadbolts, padlocks, and key boxes—and software that allows property owners, managers, and businesses to control access remotely and securely without relying on traditional keys or continuous internet connectivity. Their products serve a wide range of customers including homeowners, property managers, hospitality providers, and the sharing economy, solving the problem of secure, convenient, and contactless access management. The company has demonstrated strong growth, expanding globally with multiple regional offices and deploying nearly a million units worldwide, while earning prestigious design and innovation awards[1][2][3][4].
Founded in 2015 by Anthony Chow and Kelvin Ho, igloocompany emerged from the founders’ personal experience as Airbnb hosts struggling with the inefficiencies and security risks of physical key handovers. This challenge inspired them to develop a more convenient, secure, and scalable solution for property access. Kelvin Ho, with a background in software engineering and intellectual property, led the development of their proprietary algoPIN™ technology, enabling offline, secure access without WiFi. The company started with a smart key box product and has since expanded its portfolio to include a broad range of smart access devices under the umbrella brands igloohome and iglooworks, catering to both consumer and enterprise markets[1][5].
igloocompany rides the growing global trend toward digital transformation in property management and the sharing economy, where secure, contactless access is increasingly critical. The COVID-19 pandemic accelerated demand for touchless solutions, reinforcing the relevance of igloocompany’s offline smart access technology. Market forces such as rising smart home adoption, the growth of short-term rentals, and the need for scalable enterprise access management solutions work in their favor. By enabling secure, flexible, and easy-to-manage access control, igloocompany influences the broader ecosystem by setting new standards for convenience, security, and integration in smart property technology[1][2][4].
Looking ahead, igloocompany is poised to deepen its penetration in both consumer and enterprise markets, leveraging its strong technology foundation and global footprint. Trends such as IoT expansion, 5G connectivity, and increasing automation in property and facilities management will shape its growth trajectory. The company’s focus on seamless integration and offline capabilities positions it well to serve emerging markets and complex environments where connectivity is limited. As smart access becomes a baseline expectation, igloocompany’s influence is likely to grow, driving innovation in secure, user-friendly access solutions worldwide[3][4][5]. This aligns with their founding vision of creating a world without keys, empowering users with freedom and security.
igloocompany has raised $12.0M in total across 1 funding round.
igloocompany's investors include Ensemble VC, Friále, Insignia Ventures Partners, Lionheart Ventures, Tiger Global Management, Y Combinator, Ashish Agrawal.
igloocompany has raised $12.0M across 1 funding round. Most recently, it raised $12.0M Series B in March 2022.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Mar 1, 2022 | $12.0M Series B | Ensemble VC, Friále, Insignia Ventures Partners, Lionheart Ventures, Tiger Global Management, Y Combinator, Ashish Agrawal |