Newky develops biometric-based digital key solutions for the automobile industry, enabling secure and controlled access to vehicles. This technology addresses the vulnerability of traditional physical keys by providing a more secure method of authentication, reducing the risk of unauthorized access.
Funding
$50K 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 physical keys for vehicles are vulnerable to theft, duplication, and unauthorized access, creating security risks for vehicle owners and fleet operators. Managing physical keys across large fleets also presents logistical challenges and increases the potential for loss or misuse.
Solution
Newky offers a biometric-based digital key solution that replaces physical keys with secure, controlled access via mobile devices. The system uses biometric data to authenticate users, converting their smartphones into digital keys. Paired with the Newky Box, an IoT device integrated into the vehicle's ECU, the solution enables secure vehicle access and operation. Newky also provides vehicle and user matching, which helps companies understand the real user and prevent fraud.
Target Audience
The primary target audience includes automotive manufacturers, fleet management companies, car rental services, and individual vehicle owners seeking enhanced security and access control.
Features
- Biometric authentication via mobile devices for secure vehicle access
- Newky Box: An IoT device integrated into the vehicle's ECU
- Digital key functionality via a mobile app (available on iOS and Android)
- Vehicle and user matching for fraud prevention
- Compatibility with existing vehicle systems through ECU integration
- Remote access control and monitoring capabilities