KeyMe, a NYC-based robotics and AI company in the locksmith industry, raised $50m in growth financing.
Funds managed by BlackRock made the investment.
The company intends to use the funds to expand its kiosk presence in both new and existing retailers, as well as the development of additional service offerings.
Led by Greg Marsh, CEO, KeyMe provides residential, commercial and vehicle key duplication services from its network of smart kiosks across the country.
The smart kiosks, which copy keys in under 30 seconds, are deployed in over 2,300 locations across leading retailers across 46 states, including (alphabetically): Acme, Albertsons, AutoZone, Bed Bath & Beyond, Brookfield, Dillons, Foodmaxx, Foodtown, Frys, Giant Eagle, GGP, Harmon Face Values, JLL Properties, Kmart, Kroger, Mall of America, Ralphs Grocery, Randalls, Rite Aid, Safeway, Save-A-Lot, Save Mart, Sears, Simon Malls, Starwood, Tom Thumb, UNFI, Vons and 7-Eleven, among others.
In addition, the company’s iOS and Android mobile applications enable customers to scan and save a digital copy of their key, making them accessible on demand.
KeyMe investors include Battery Ventures, BlackRock, Comcast Ventures, Questmark Partners, River Park Ventures and White Star Capital.