Funding
Funding not disclosed
Founders
Product
Problem
Traditional car key fobs are susceptible to relay attacks, where thieves can intercept and duplicate the key's signal to gain unauthorized access to the vehicle. Existing connected car systems often lack robust security measures, leaving vehicles vulnerable to cyberattacks and theft.
Solution
Keyvault's Keynex K1 system provides a secure, keyless vehicle access solution that integrates hardware and software to enhance car security and convenience. The system utilizes a combination of Bluetooth Low Energy (BLE) and Ultra Wideband (UWB) technologies for secure authentication and precise location detection. The Keynex mobile app allows users to securely access and control their vehicles, share access with others, and monitor vital car parameters. The K1 system installs in any dealership and connects to the Keynex App, providing a multi-layered security approach to prevent unauthorized access and car theft.
Target Audience
The primary target audience includes individual car owners seeking enhanced security and convenience, as well as fleet managers and shared vehicle services looking to streamline vehicle access and monitoring.
Features
- Keyless entry via the Keynex mobile app using Bluetooth Low Energy (BLE) and Ultra Wideband (UWB) technologies
- Secure data encryption and multi-factor authentication to prevent unauthorized access
- Remote locking/unlocking, trunk control, and engine start capabilities via the app
- Digital key sharing with customizable access permissions for family, friends, or service workers
- Real-time vehicle location tracking and trip history monitoring
- Geofencing capabilities to restrict access based on geographical area and time
- Monitoring of vital car parameters such as fuel level, engine temperature, and tire pressure
- Compatibility with a wide range of vehicles utilizing the CAN bus protocol (typically vehicles sold in the U.S. since 2008)
- iOS app support (iPhone 11 and later, excluding iPhone SE 2nd and 3rd generation), with Android support planned