Last Lock provides a retrofittable smart lock solution for commercial spaces, utilizing self-powering technology to eliminate the need for battery replacements. This system addresses the issues of lost keys and high installation costs by transforming existing locks into smart access points at a significantly lower expense compared to traditional RFID systems.
Funding
$2.3M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Traditional access control systems in commercial spaces often rely on easily lost physical keys or expensive, complex RFID systems requiring extensive wiring and battery maintenance. Retrofitting existing doors with smart access solutions can be prohibitively expensive and disruptive.
Solution
Last Lock provides a retrofittable smart lock cylinder that transforms existing mechanical locks into smart access points without requiring wiring or battery replacements. The self-powering technology harvests energy from the physical action of the lock, eliminating the need for battery maintenance. The system integrates with a cloud-based access management platform, enabling control via fobs, smartphones, and wearables. This allows businesses to upgrade their access control infrastructure at a significantly lower cost compared to traditional smart lock systems, while also reducing the operational overhead associated with managing physical keys.
Target Audience
Last Lock primarily targets coworking spaces, commercial real estate properties, and enterprises seeking to upgrade their access control systems with a cost-effective and easy-to-install smart lock solution.
Features
- Retrofit cylinder compatible with 98% of US locks, installs in minutes without special tools.
- Self-powering technology eliminates the need for batteries or external power sources.
- Mobile access via smartphone app, supporting both Bluetooth and NFC.
- Integration with existing access control systems via the Seamless™ Dashboard.
- Support for multiple access methods, including fobs, wearables, and touchless entry.
- Cloud-based access management platform with real-time data and reporting.
- SOC 2 Type 2 compliance ensures data security and privacy.