Kaadas / 凯迪仕
Shenzhen mid-size smart-lock OEM with global residential and commercial channels
About Kaadas / 凯迪仕
Kaadas is a Shenzhen-based manufacturer specializing in smart lock technology for both residential and commercial properties. Founded in 1999, the company has established itself in the security industry with over three decades of experience. The company was founded by Su Zhiyong, who serves as the brand's President. His journey in the lock industry began in 1986, evolving from crafting mechanical locks to developing smart lock technology.
The company operates on a vertically integrated business model, controlling the entire production process from its in-house R&D centers to its own manufacturing plants where molding, die-casting, machining, and assembly occur. This structure allows Kaadas to manage quality and production costs effectively. Its products are sold under the Kaadas brand name, and the company also offers to manufacture electronic or smart locks for other companies under their own brands (OEM). Revenue is generated through the sale of these products to a global market that spans over 67 countries across six continents. In March 2022, Kaadas secured $94 million in a Series C funding round to support its expansion into overseas markets. A significant milestone was the company's expansion into North America in early 2023, establishing a warehouse and showroom in southern California.
Kaadas offers a diverse portfolio of smart locks, including deadbolt, mortise, rim, and latch bolt models. These products provide multiple access methods, such as facial recognition, fingerprint and finger vein recognition, PIN codes, RFID cards, Bluetooth, Wi-Fi app control, and traditional mechanical keys. Specific features include 3D facial recognition that cannot be fooled by photos, the ability to issue temporary PINs, auto-locking, and a mobile app for remote monitoring and control. The app notifies users of door activity, including who unlocked it and when. A notable collaboration with Lamborghini resulted in a lock featuring 3D face recognition technology. The company holds over 400 international patents and software copyrights, underscoring its focus on technological development.
Source: Dealroom company dataKnowledge graph
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Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| SERIES COther financing | Mar 2022 | $83M | $330M | Morgan Stanley · Cornerstone Capital Bank · Cowin Capital | ↗ |
| SERIES BOther financing | Apr 2021 | — | — | Orchid Asia Group Management | ↗ |
Growth signals
Latest recorded traffic for Kaadas / 凯迪仕 is 70K monthly website visits, down 5.4% over the last three months. Kaadas / 凯迪仕's team declined 3.8% over the past year.
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Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Series A1 investor entered at this stage
Orchid Asia Group Management
Series B and later3 investors entered at this stage
Morgan Stanley
Cornerstone Capital Bank
Cowin Capital
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
An AI-synthesised read of the highest-engagement posts about Kaadas / 凯迪仕 on X, ranked by likes and reposts, corporate channels excluded.
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Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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