Former Apple employees are making a deadbolt that you unlock with your phone, backed by Walmart
Former Apple employees have launched Level Lock, a computerized deadbolt that works with Apple HomeKit and costs $250.The company building Level Lock has raised $71 million from investors including Walmart and Lennar.John Martin had just driven with his entire family through a snowstorm to a vacation house at Lake Tahoe when he realized he forgot his keys., had an idea for a better lock, one that he could control with his phone.
Three years and $71 million in funding later, that lock is now available to buy from Level Home, a 50-person company Martin founded along with Ken Goto, who had also worked atLevel Lock is a $250 deadbolt enabled with Bluetooth and Wi-Fi. It's essentially a computerized lock that users can control through an associated app. For example, users can unlock their doors through Bluetooth with their phones, or send a text message with a pass to a guest if they need to get into their house.
The lock becomes more useful when it's associated with automation software like Apple's HomeKit, Martin said. With HomeKit, or eventually other smart hubs, users can create automation scripts, which would enable users to come and go from their houses without worrying if their house was locked, because it's been automated.
The idea is to make a high-quality smart lock that discards a lot of the conventional thinking about residential locks, or create a new product from first principles, similar to how Apple approaches the design of a new product by thinking about the experience first.Level Lock has raised $71 million in two rounds, Martin said. The most recent round, closed in July 2019, was led by
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