Vecos
Vecos Europe B.V. is an Eindhoven-based vendor of Adaptive Workplace Storage — cloud-managed smart locker systems that dynamically allocate storage to users in real time — selling hardware and SaaS subscriptions primarily to large enterprises across 64 countries, with anchor customers including bp, McKinsey, EY, Deloitte, Microsoft, and Santander.
- Company typePrivate
- Founded1996
- HeadquartersEindhoven, Netherlands
- Headcount101–250
- GTM typeB2B
- OfferingHardware or Manufacturing
What Vecos does
Vecos Europe B.V. is a Dutch workplace-technology company headquartered in Eindhoven that develops and sells an Adaptive Workplace Storage platform combining cloud-based smart locker management software with smart locker hardware. The core technology is an Adaptive Allocation Engine that dynamically assigns lockers in real time based on user demand, shift patterns, and workplace behavior, rather than fixing usage rules to individual lockers as traditional smart locker systems do. The platform supports RFID badges, mobile app credentials, and integrates via 337+ live APIs with workplace management, identity, and reporting systems; a retrofit product line enables upgrade of existing static lockers without replacement. The software layer is augmented by proprietary behavior-learning models trained on billions of locker interactions across 1.4 million online locks.
The company operates a hybrid hardware-plus-SaaS revenue model: smart locker hardware and installation services sold alongside recurring subscription fees for the adaptive management software, with professional services for enterprise onboarding and global rollouts. Distribution is through direct enterprise field sales supplemented by a partner channel of furniture manufacturers (Kinnarps, Schiavello, Vidak) and installation specialists, with delivery available globally across 3,500+ offices in 64 countries and regional offices in the USA (Fort Worth and Coppell), Australia (Melbourne), and Germany (Frankfurt).
Vecos targets four primary segments: large enterprises with hybrid-work office populations (energy, financial services, professional services, software, automotive, consumer goods, logistics), healthcare facilities with shift-based 24x7 staff rotation, educational institutions with student storage, and industrial/manufacturing environments with uniform and personal-valuables storage. Notable enterprise customers include bp, McKinsey & Company, Santander UK, EY New York, Deloitte London, Microsoft Sydney, Commonwealth Bank of Australia, Nestlé, Ford, La Poste, BPCE Natixis, Telenet, and Sanofi. The company claims 34% penetration of the Forbes 100, 99.9% customer retention, and outcomes of up to 50% locker-footprint reduction and 90% management-time reduction for customers.
Vecos firmographics
Firmographics- Name
- Vecos
- Legal name
- Vecos Europe B.V.
- Website
- https://vecos.com
- Company type
- Private
- Founded year
- 1996
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Short description
- Vecos Europe B.V. is an Eindhoven-based vendor of Adaptive Workplace Storage — cloud-managed smart locker systems that dynamically allocate storage to users in real time — selling hardware and SaaS subscriptions primarily to large enterprises across 64 countries, with anchor customers including bp, McKinsey, EY, Deloitte, Microsoft, and Santander.
- Ownership category
- akta.pro rank
Vecos industry classification
Industry- Product category
- Smart Workplace Storage Systems
- NAICS
- Showcase, Partition, Shelving, and Locker Manufacturing (337215)
- SIC
- Partitions, Shelvg, Lockers, & Office & Store Fixtures (2540), Services-Computer Integrated Systems Design (7373)
- akta.pro primary industry
- Smart Access & Locker Technology Providers (Hardware, Software, Access Control) (TLAAAMAH)
- akta.pro secondary industry
- Workplace / Office Parcel Locker Solutions (TLAAAMAE)
Keywords
Where Vecos is headquartered
LocationHeadquarters
- HQ city
- Eindhoven
- HQ country
- Netherlands
- HQ region
- Europe
Offices5 records
Markets served
Vecos business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Supply Chain, Technology or R&D, Personnel, Operations, Marketing or Sales
Revenue model
- SaaS Locker Management Subscription: Cloud-based software-as-a-service model providing locker management, access control, and analytics. Hardware components (smart locks, locker units) are sold alongside the ongoing subscription service. The company offers both hardware and software-as-a-service support as a bundled offering.
- Hardware Sales: Sale of smart locker hardware including electronic locking mechanisms, control systems, and physical locker units. Often bundled with installation services through partner network.
- Professional Services: Implementation, onboarding, and program management services for enterprise deployments. Includes global rollout support and integration customization.
Go-to-market motion1 record
Distribution channels2 records
Marketing channels7 records
Vecos product offering
Product offeringCore offering
Vecos develops adaptive smart locker systems that combine physical smart locker hardware with a cloud-based SaaS management platform for modern offices. The solution enables enterprise customers to manage workplace storage allocation digitally and to reconfigure locker assignments dynamically to support flexible and hybrid work models. The installed base spans large multinational customers including bp, McKinsey, Santander, EY, Deloitte, Microsoft, CBA, Nestlé, and Continental.
Product overview
Vecos offers the Adaptive Workplace Storage platform as its core offering, comprising the Vecos Smart Locker System (hardware and software) and the Releezme software for locker management. The platform uses adaptive technology that dynamically allocates lockers based on real-time demand rather than fixed assignments. Additional offerings include locker retrofit/upcycling solutions that upgrade existing static lockers to adaptive functionality without replacement. The platform serves diverse environments including offices, locker rooms, healthcare facilities, and educational institutions, supporting use cases from personal storage to parcel and IT asset distribution.
Differentiator
Problem solved
Functional benefit
Products and services
- Adaptive Smart Locker System Physical smart locker hardware with electronic locking, deployed at large enterprises including bp, McKinsey, Santander, EY, Deloitte, Microsoft, CBA, Nestlé, and Continental to provide flexible workplace storage in modern offices.
- Vecos Cloud Management Platform Cloud-based SaaS platform that controls allocation, access, and administration of Vecos smart lockers, enabling enterprises to reconfigure locker assignments dynamically for flexible and hybrid work.
- Implementation and Professional Services Installation, configuration, and integration services delivered to enterprise customers deploying Vecos smart locker systems across single or multi-site workplace environments.
Quantifiable outcome
- Reduce locker footprint up to 50% while supporting same or more people through dynamic allocation
- +3 more outcomes
Companies that use Vecos
Customer profileNamed customers26 records
Segments4 records
Ideal customer profiles1 record
Vecos technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
Integration2 records
Feature6 records
Vecos partnerships and signals
Strategic signalPartnerships
Eight partnerships are on record, tiered core and minor.
- Furniture Brands (Partner Network)coreVecos partners with furniture brands to deliver fully integrated locker solutions combining hardware, software, and services. Partners resell and install Vecos systems as part of comprehensive workplace furniture solutions. The partnership enables seamless integration with any locker design and material.
- Installers (Partner Network)coreInstallation partners handle the physical deployment of Vecos smart locker systems. They provide on-site installation, configuration, and sometimes ongoing maintenance services for enterprise deployments.
- Workplace Technology ProviderscoreVecos maintains 337+ live API integrations with workplace management platforms, identity systems, and reporting tools. This ecosystem approach enables seamless data flow and unified employee experience across workplace technology stacks.
- KinnarpsminorSwedish furniture manufacturer that partnered with Vecos for the La Poste deployment in France. Kinnarps handled the overall interior design and locker manufacturing while Vecos provided the smart locker management system.
- PAMIminorInterior design firm that handled complete design, manufacturing, and installation of 608 lockers for Telenet's Mechelen headquarters. Vecos provided the smart locker system and installation support.
- SchiavellominorAustralian partner that provided complete design and installation of Vecos locker system for Architectus's Sydney office. Delivered sleek solution for personal storage with device charging capabilities.
- VidakminorNew Zealand partner that supplied Vecos locker management system with Releezme software for Zespri's Mount Maunganui headquarters. Enabled smartphone-based locker claiming and release.
- WORKTECH AcademyminorPartnership to produce joint white paper 'From Fixed to Flex' exploring smart locker systems and workplace flexibility trends. Collaborated on research and thought leadership content.
Scale indicators9 records
Recent moves6 records
Expansion highlights5 records
Vecos competitors and assessment
Company assessmentEmerging players
- Envoy: Envoy provides a workplace experience platform covering visitor management, desk booking, and room scheduling. While not a locker vendor, it competes for the same workplace-tech budget and increasingly offers integrations with smart storage providers like Vecos, making it a relevant adjacent peer.
- Parcel Pending: Parcel Pending offers smart package locker solutions for residential, retail, and commercial properties. It is a focused, parcel-centric smart locker player that overlaps with Vecos's package/parcel and shared-storage use cases in offices and multifamily buildings.
Broad incumbents
- ASSA ABLOY: ASSA ABLOY is the global leader in access solutions, including smart locks and locker management through Traka and others. As the parent of Vecos's closest direct competitor, it represents the dominant incumbent in the broader smart-locker and access-control market.
- HID Global: HID Global, owned by ASSA ABLOY, is a major identity and access-control provider whose portfolio increasingly includes locker and cabinet management. Its scale in RFID and identity makes it a broad incumbent that overlaps with Vecos's workplace authentication and locker use cases.
- Pitney Bowes (Locker Solutions): Pitney Bowes offers locker and parcel management solutions as part of its broader shipping, mailing, and customer-engagement portfolio. As a large incumbent, it competes in adjacent lockers for offices and retail rather than specializing in Vecos's adaptive workplace niche.
- Honeywell Building Technologies: Honeywell's Building Technologies division delivers integrated building management, access control, and occupant experience solutions for commercial real estate. Its broad portfolio can absorb locker management into larger smart-building contracts, representing the type of incumbent Vecos competes against for enterprise wallet share.
Direct peers
- Luxer One: Luxer One provides smart package locker and resident/employee storage solutions for multifamily, office, and retail customers. It overlaps with Vecos in workplace and residential smart-locker management, particularly for parcel and personal storage use cases.
- Ojmar: Ojmar manufactures electronic locks and smart locker systems widely used in workplaces, fitness, and leisure. It competes with Vecos on the locking hardware and locker-management software stack for shared-use environments.
- Digilock: Digilock manufactures electronic locks for lockers, cabinets, and personal storage used in offices, healthcare, fitness, and education. It competes with Vecos on the hardware/lock side of smart locker deployments, particularly in shared-use environments.
- Traka (ASSA ABLOY): Traka, part of ASSA ABLOY, provides intelligent locker and key management systems for workplaces, healthcare, and industrial customers. It is the most directly comparable specialist to Vecos, competing head-to-head on smart locker management in enterprise environments.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Vecos social profiles
Digital presenceVecos financial estimates
Financial estimateRevenue estimate
Valuation estimate
Vecos leadership team
Management profileNumber of profiles
Vecos subsidiaries and ownership
Company hierarchySubsidiaries3 records
Vecos funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Vecos M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Vecos
What does Vecos do?
Vecos develops adaptive smart locker systems that combine physical smart locker hardware with a cloud-based SaaS management platform for modern offices. The solution enables enterprise customers to manage workplace storage allocation digitally and to reconfigure locker assignments dynamically to support flexible and hybrid work models. The installed base spans large multinational customers including bp, McKinsey, Santander, EY, Deloitte, Microsoft, CBA, Nestlé, and Continental.
Is Vecos a public or private company?
Vecos is a private company. It is classified as unknown and is currently operating.
When was Vecos founded?
Vecos was founded in 1996. It employs 101 to 250 people.
Where is Vecos based?
Vecos is headquartered in Eindhoven, Netherlands, in the Europe region.
How does Vecos make money?
Three revenue lines are on record. SaaS Locker Management Subscription is the primary driver. The others are hardware Sales and professional Services.
Who are Vecos's main competitors?
Emerging players on record are Envoy and Parcel Pending. Broad incumbents are ASSA ABLOY, HID Global, Pitney Bowes (Locker Solutions) and Honeywell Building Technologies. Direct peers are Luxer One, Ojmar, Digilock and Traka (ASSA ABLOY).
Does Vecos have an API?
Yes. Vecos offers a public API enabling enterprise integrations with workplace management platforms, identity systems, and reporting tools. The API supports over 337+ live integrations with workplace technology. Enterprise customers can build custom applications that connect to Vecos locker management; for example, BPCE Natixis integrated the Vecos API into their custom workplace app (Arianne) for meeting room reservation and locker finding. Access rights, usage data, and integrations are centrally managed.
What industry is Vecos in?
Vecos's product category is Smart Workplace Storage Systems. Its primary akta.pro industry code is TLAAAMAH, Smart Access & Locker Technology Providers (Hardware, Software, Access Control), with a secondary code of TLAAAMAE, Workplace / Office Parcel Locker Solutions. Its NAICS code is 337215 and its SIC code is 2540.