Loading organizations...
§ Private Profile · Singapore
Smart locks and lockboxes provide remote access with time-sensitive PINs and Bluetooth keys, no WiFi needed, securing short-term rentals.
Igloohome, a Singapore-based company, develops smart locks and lockboxes designed to provide secure, remote access solutions for property owners and managers. Their proprietary algoPIN™ technology enables the generation of time-sensitive PIN codes or Bluetooth keys that operate offline, eliminating the need for Wi-Fi connectivity and enhancing security for various applications, particularly short-term rentals. These products automate guest access, removing the requirement for visitors to download additional applications, and are ideal for hosts managing properties on platforms like Airbnb. Igloohome's solutions are commercially available in over 80 markets worldwide, supported by a network of distributors in more than 20 countries, including key regions like the USA and Asia Pacific. The company has forged strategic partnerships with recognizable entities such as Airbnb and IKEA. Igloohome was founded in 2015 by Anthony Chow and Kelvin Ho.
Igloohome has raised $20.3M across 3 funding rounds.
Igloohome has raised $20.3M in total across 3 funding rounds.
Igloohome has raised $20.3M across 3 funding rounds. Most recently, it raised $15.0M Series B in July 2019.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Jul 1, 2019 | $15M Series B | Insignia Ventures Partners, B. Paul Santos | Great Noble International, InnoVen Capital, Kickstart Ventures, ON Asset Management, Hyuk TAE Kwon, Singtel Innov8, TH Capital | Announced |
| Feb 1, 2018 | $4M Series A | Insignia Ventures Partners | Boon Hwee KOH, Phillip Private Equity, Wavemaker Partners, X Capital Ventures | Announced |
| Jan 18, 2016 | $1.3M Seed | Wavemaker Partners | TED Mann, AVI Savar, Mesh Ventures, Singtel Innov8 | Announced |
Igloohome has raised $20.3M in total across 3 funding rounds.
Igloohome's investors include Insignia Ventures Partners, B. Paul Santos, Great Noble International, InnoVen Capital, Kickstart Ventures, On Asset Management, Hyuk-Tae Kwon, Singtel Innov8, TH Capital, Boon Hwee Koh, Phillip Private Equity, Wavemaker Partners.
Igloohome is a Singapore-based technology company specializing in smart access solutions, primarily smart locks and lockboxes that enable keyless, secure property access. Their products serve homeowners, short-term rental hosts (notably Airbnb hosts), property managers, and enterprises requiring scalable access management. Igloohome’s technology solves the problem of secure, convenient, and remote access control without relying on WiFi connectivity, using their proprietary algoPIN™ technology. The company has demonstrated strong growth, shipping over 500,000 devices and enabling more than 8 million door accesses annually, with a presence in over 100 countries and multiple regional offices worldwide[1][2][7].
Igloohome was founded in 2015 by Anthony Chow and Kelvin Ho, both Singaporeans and Airbnb hosts who experienced firsthand the challenges of physically handing over keys to guests. This personal pain point inspired them to create a more secure, convenient, and scalable solution for property access. Kelvin Ho, with a strong background in software engineering and intellectual property, developed the algoPIN™ technology that powers their smart locks. Early traction came from the short-term rental market, and the company quickly expanded its product range and market reach. In 2020, igloocompany was established as the parent company to house igloohome and its enterprise-focused vertical, iglooworks, reflecting the company’s evolution from consumer smart locks to large-scale access management solutions[1][2][6].
Igloohome rides the global trend toward smart homes, IoT-enabled security, and contactless access solutions, accelerated by the rise of short-term rentals and the COVID-19 pandemic’s emphasis on contactless interactions. Their offline-capable technology addresses connectivity challenges in various environments, making smart access more reliable and accessible worldwide. By expanding into enterprise solutions with iglooworks, they are positioned to influence smart city infrastructure, property development, and large-scale access management, contributing to the broader digital transformation of physical security[1][2][4].
Looking ahead, Igloohome is poised to deepen its enterprise footprint while continuing innovation in consumer smart access. Trends such as increased demand for smart city infrastructure, remote property management, and enhanced cybersecurity will shape their growth. Their unique offline technology and global distribution network provide a strong foundation to capitalize on these trends. As smart access becomes a standard expectation in residential and commercial properties, Igloohome’s influence is likely to expand, potentially setting new industry standards for secure, convenient, and scalable access solutions[1][7].