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Lock Up

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Automated, drive-up commercial lockups with keyless access

Paisley, United KingdomFounded 2025Real Estate
Valuation $100–250M Last recorded · 2026
Total funding $10–50M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for Lock Up and the history behind them.

About Lock Up

LOCKUP is a brand investment by Scottish Capital, providing fully automated, 24-hour access, drive-up lockups specifically designed for commercial customers. The company's platform is driven by AI, integrating features such as online booking, ID verification, keyless access through a mobile app, and AI-supported CCTV for security.

The business was established with a £25 million investment from Scottish Capital, founded by John McGlynn. The inspiration for LOCKUP came from self-storage models observed in Australia and the United States. The company operates in partnership with Asset Management Partners, which also collaborates with Scottish Capital on its Storage Vault and CoVault portfolios. The first site was opened in Paisley, with plans for rapid UK expansion, including locations in Cumbernauld, Dundee, and Port Glasgow.

LOCKUP serves both commercial and personal storage needs. For businesses, it provides a secure space for documents, tools, and equipment, catering to online retailers and tradespeople who need flexible storage solutions. The service is also available for personal use, such as during a home move or renovation. The business model is based on simplifying the rental process, offering five standard unit sizes (S, M, L, XL, and XXL) that can be reserved online. Revenue is generated through the rental of these storage units.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2025
Headquarters
Paisley, United Kingdom
Open positions
None listed
Dealroom signal
20.0/100
Industry
Real Estate
Sector
Real Estate, Supply Chain Management, Physical Storage
Technology
Artificial Intelligence
Business model
SaaS
Client focus
b2b
Links
Website

Funding history

1 recorded event

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
EARLY VC✓Equity / VC Jan 2026 $33M $132M Scottish Capital ↗
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Growth signals

Lock Up website traffic

Latest recorded traffic for Lock Up is 1.9K monthly website visits, up 18.8% over the last three months.

Latest monthly visits1.9K 3-month web change+18.8%
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Similar companies

Closest operating peers by Dealroom taxonomy

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Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

1 investor on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Series A1 investor entered at this stage

  • Scottish Capital
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Key operators Hidden — book a demo quality score
Potential founders Hidden — book a demo likely future founders
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Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
🇬🇧 United Kingdom · Paisley HQ
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Market sentiment

Posts on X, past 7 days

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Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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