L
Locket
Locket is prevention-first home insurance. By using IoT and behaviour-changing gamification, we help prevent bad things from happening in the first place
About Locket
Locket.insure is a tech-driven insurance startup that leverages smart technology to provide home security solutions. The company operates in the insurance and home security market, serving homeowners who are looking to enhance their home security through innovative technology. Locket.insure's business model revolves around its proprietary app, available on iOS and Android, which provides users with real-time crime data in their local area, expert security advice, and the ability to control smart home devices remotely to deter potential burglars.
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The company also operates a Smart Marketplace, where members can access exclusive offers on trusted smart home technology. This marketplace serves as an additional revenue stream for the company, alongside its primary insurance offerings.
Locket.insure is also committed to social responsibility. It offsets its carbon emissions through a partnership with Pachama, a company that funds reforestation and forest protection schemes. Additionally, a portion of Locket's revenue is donated to various charities, including Crisis UK, WaterAid, and Victim Support UK, further demonstrating the company's commitment to making a positive impact on society.
In summary, Locket.insure is a socially responsible insurance startup that uses smart technology to provide innovative home security solutions, while also contributing to various charitable causes.
At a glance
- Status
- Operational
- Founded
- 2020
- Headquarters
- London, United Kingdom
- Employees
- 47
- Open positions
- None listed
- Dealroom signal
- 72.1/100
- Industry
- Fintech
- Sub-industry
- Insurance
- Sector
- Fintech, Smart Home, Insurtech Product and Price, Insurtech Underwriting, House and Property Insurance, PandC Insurance, MGA, uk is8 financial services
- Technology
- Connected Device, Mobile app, IoT InternetOfThings
- Business model
- Marketplace & ecommerce
- Client focus
- b2c
Latest news
Press, funding announcements and product moves mentioning Locket.
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| CONVERTIBLE✓Equity / VC | Dec 2021 | $1.5M | $20M | Republic Europe | ↗ |
| SEED✓Equity / VC | Jan 2021 | $2.7M | $7.3M | Republic Europe | — |
Financials
Revenue, earnings and other financial measures where available. Years marked “E” are estimates.
Growth signals
Latest recorded traffic for Locket is 390 monthly website visits, down 61% over the last three months. Locket's team grew 6.8% over the past year.
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Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Seed2 investors entered at this stage
Republic Europe
Kogito Ventures
Other known investors3 additional known investors
CofounderZone
Jedar Capital
Marcin Sieniek
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
An AI-synthesised read of the highest-engagement posts about Locket on X, ranked by likes and reposts, corporate channels excluded.
Reading the room on X — pulling top posts and synthesizing themes…
Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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