Locks and Security News: your weekly locks and security industry newsletter
24th April 2024 Issue no. 702

Your industry news - first

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How KeyMe is taking over the US$7.5bn locksmith industry

By Omri Barzilay

When Greg Marsh moved to NYC for business school, he and his wife got locked out of their new home. They had a horrible experience, as an unscrupulous guy showed up in an unmarked van and charged $300 to drill the lock. This experience got Marsh thinking about the locksmith industry and, later, to start KeyMe.

As he researched the industry, he became really excited about the opportunity: it's a massive, $7.5 billion/year industry in the U.S., which hasn't seen innovation decades. He believed technology could deliver unmatched value and customer experience for key duplication, lockouts and vehicle keys.

28th June 2017