Location LocketGo Inc.

Location LocketGo Inc. develops innovative smart locker solutions that enable secure storage and contactless item delivery, catering to businesses in sectors such as e-commerce, logistics, and retail. Founded in 2016 in Montreal, Canada, Location LocketGo Inc. specializes in smart locker technology that streamlines item storage and retrieval.

The company raised USD 1. 2 mn in Seed funding in May 2019 from investors including Anges Québec Capital, Groupe CH, Maple Leaf Angels, and Real Ventures. Gabrielle La Rue serves as both the CEO and founder. LocketGo specializes in providing smart locker solutions that facilitate secure storage and contactless delivery of items.

Their core product, the smart locker, is designed for easy installation and immediate usability, requiring no additional applications or complex setup. The lockers enable users to access their contents quickly, typically in under a minute, enhancing convenience for businesses in various sectors. LocketGo's offerings are particularly beneficial for companies looking to streamline operations, providing customizable locker designs that align with their brand identity across diverse geographical markets, focusing on urban areas with high demand for secure storage solutions. LocketGo generates revenue through direct sales and partnerships with businesses seeking smart locker solutions.

The company employs a transactional model where clients can either purchase the lockers outright or engage in subscription agreements for ongoing access to their booking platform. This model enables clients to seamlessly integrate the smart lockers into their operations, enhancing service offerings without extensive infrastructure. While specific pricing details are not disclosed, the company's flexible pricing structure accommodates the diverse needs of its clientele, including both small businesses and larger enterprises. Following their Seed funding round in May 2019, LocketGo plans to leverage the USD 1.

2 mn raised to enhance product offerings and expand into new markets. The company is focused on developing additional smart locker models aimed at different sectors and enhancing features based on customer feedback. In addition, LocketGo is targeting expansion into regions with growing urban populations, aiming to establish a presence in North American markets by 2023.