August Home, a San Francisco, California-based provider of smart locks and smart home access products and services, received an investment from the new corporate vc fund of Liberty Mutual Insurance.
Liberty Mutual Strategic Ventures (LMSV) is a $150m early-stage venture fund focused on the intersection of innovative technology and services and the insurance industry.
Led by Jason Johnson, Chief Executive Officer, August Home builds smart home access products and services that substitute traditional keys to put users in control of their front door from anywhere in the world.
With the company’s products, users can create virtual keys to their home and grant access to house cleaners, dog walkers, delivery services, guests, friends, and family—and control how long that access lasts – from a smartphone. Designed to fit naturally and elegantly into the home, they integrate with other smart devices and services.