Podcast

Strong Suit 233: How a Smart CEO Built the Team That’s Locking Up a Growth Category

By August 2, 2018 No Comments

Nolan Mondrow is CEO of LockState. 12 years in the making, his persistence is paying off.

Based in Denver, LockState is at the heart of the Internet of Things.

It’s the first company to create software in the cloud that controls multiple connected locks. 

Yes, many connected lock companies make a web or mobile application that is focused on controlling their own device. 

Instead, LockState puts all of these connected locks on to their platform so?no matter what type of door or lock you need?the platform is able to control it from the cloud.

This solves the problem for property managers & owners who need to give access to their properties for guests, renters and service people, even when they are off-site. The software eliminates the expense & hassle of key exchanges, the disruption of early check-ins and overstays, and the security risks of unauthorized access. 

With funding by Iron Gate Capital, Nolan is opening doors.

And in this 20-minute conversation, he reveals how he’s recruiting the team to ‘lock up’ the category. And as Nolan explains, it hasn’t always been straight up & to the right.