Locketgo, which offers mobile-charging lockers for event attendees, has announced the close of a $1.2 million round of seed funding.
“We have been preparing for several months for this moment.”
-Gabrielle La Rue
The Montreal-based company said the new funding will enable it to push into the North American market, grow its team, and continue its research and development. This round was led by Anges Québec, and also included members of Real Ventures, CH Group, Maple Leaf Angels, and Jeffrey Kadanoff.
“The arrival of private investors in our growing business allows us to afford our ambitions,” said Gabrielle La Rue, founder and president of Locketgo. “We have been preparing for several months for this moment.”
Founded in 2016 by La Rue, Locketgo offers cellular charging storage lockers, aiming to make it easy for users to go to festivals, conventions, and concerts. The company’s online platform and application allows users to book lockers in advance, avoid queues, and store personal items. The idea was first pitched to event promoters by La Rue and marketing director Catherine D’Avril, both of whom had no engineering experience at the time.
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Since its founding, the company has participated in Montreal accelerators Centech and FounderFuel. The company has also won several accolades for Locketgo, including from Foundation Montreal Inc., Adopte Inc. and Grandma’s Pitch at Startupfest 2018. Last June, the company raised $120,000 from FounderFuel. In 2017, La Rue and D’Avril also won a scholarship to attend South by Southwest in 2017, and of the five winning teams, Locketgo was one of the two that were founded by women, according to Metro.
The company worked with a number of festivals, including Osheaga, Ile Soniq, Heavy MTL, the Montreal International Jazz Festival, Piknic Electronik, and C2 Montreal, among others. As of April 2019, Locketgo also includes Live Nation among its event clients.
Image courtesy Locketgo via Facebook.