Bold Security Technology has secured a significant investment from ESquare Capital Partners to accelerate its expansion across Europe, enhancing its innovative keyless smart lock solutions for various markets.

Information on the Target

BOLD Security Technology B.V., established in 2016 and based in Utrecht, Netherlands, specializes in innovative keyless smart lock technology. The company's flagship product, the Bold smart lock, is designed for both residential and professional environments, easily replacing standard door cylinders through a simple plug-and-play installation process. With the integration of a mobile app and smartwatch functionality, Bold aims to provide seamless, secure access while eliminating the conventional reliance on physical keys. The product’s advanced features include auto-activation, 3-star SKG burglar protection, remote activation capabilities, and a robust battery life, thus reinforcing its position as a leader in keyless security solutions across Europe.

Bold’s focus on creating a keyless community has led to significant user satisfaction, reflected in a 4.5-star rating across various platforms. This emphasis on client-centric solutions and smart technology places Bold at the forefront of affordable, scalable access management systems, catering to multi-tenancy, vacation homes, and assorted rental properties.

Industry Overview in the Target’s Specific Country

The smart lock industry in the Netherlands has seen considerable growth alongside the rising demand for secure and efficient access management solutions. This expansion is driven by increasing interest in the Internet