Bekey
Bekey A/S operates a Bluetooth-based digital access platform that lets delivery companies, logistics providers, and municipal home-care staff open locked Danish and Norwegian apartment buildings using time-limited encrypted digital keys managed through the Netkey cloud — serving residents, property managers, and B2B/B2G partners in a freemium two-sided marketplace.
- Company typePrivate
- Founded2008
- HeadquartersTaastrup, Denmark
- Headcount11–50
- GTM typeB2B
- OfferingSoftware
What Bekey does
Bekey A/S is a Danish technology company, founded in 2008 and headquartered in Søborg, that operates as a wholly-owned subsidiary of North Media A/S. It develops and operates a Bluetooth LE-based digital locking and access-management system for locked residential apartment buildings, enabling authorized third parties — including delivery companies, logistics providers, and municipal home care services — to enter buildings without physical keys, using time-limited encrypted digital keys managed through its proprietary Netkey cloud platform and the Bekey mobile app.
The product stack comprises three hardware lines (SmartRelay 2.0 installed invisibly in existing intercom systems for building-entrance access, SmartLock 2.0 retrofit on apartment doors for home-care access, and SmartKeyBox 2.0 for commercial key storage) plus a multi-year-battery, 128-bit-BLE-encrypted connectivity layer. Installation is performed by certified third-party technicians (locksmiths/electricians) and is free for residents and property associations. The company reports 32,000+ buildings equipped, 46% market penetration in Greater Copenhagen, 602+ postal codes served, 65+ Danish and 28 Norwegian municipalities using it for home care, and 100m+ cumulative door openings since 2010 (~15m in 2023).
Bekey's commercial model is a two-sided marketplace: residents and housing associations pay nothing, while delivery partners (HelloFresh, Aarstiderne, SkagenFood, Jetpak, MoveByBike, FK Distribution, Sublog and others), logistics operators, and municipal home-care agencies pay negotiated per-door-opening transaction fees and/or subscription/integration fees for access to the network. Distribution combines direct sales to property managers, partner referral demand generation, certified installer fulfillment, and municipal government outreach (including a PropTech Denmark membership). The company has an open API and SDK supporting partner system integration, and is reported within North Media's Digital Services segment.
Bekey firmographics
Firmographics- Name
- Bekey
- Legal name
- Bekey A/S
- Website
- https://bekey.dk
- Company type
- Private
- Founded year
- 2008
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Bekey A/S operates a Bluetooth-based digital access platform that lets delivery companies, logistics providers, and municipal home-care staff open locked Danish and Norwegian apartment buildings using time-limited encrypted digital keys managed through the Netkey cloud — serving residents, property managers, and B2B/B2G partners in a freemium two-sided marketplace.
- Ownership category
- akta.pro rank
Bekey industry classification
Industry- Product category
- Smart Building Access Control
- NAICS
- Security Systems Services (except Locksmiths) (561621)
- akta.pro primary industry
- Residential Smart Lock Hardware (Keypad, Keyless, Biometric, Connected) (HSAHAEAA)
- akta.pro secondary industries
- Smart Lock Software Platforms & Mobile Apps (Access Control SaaS) (HSAHAEAG), Access Control & Smart Locks (Managed/Monitored) (HSAHAAAG), Smart Lock Installation, Retrofit & Door Hardware Services (HSAHAEAB)
Keywords
Where Bekey is headquartered
LocationHeadquarters
- HQ city
- Taastrup
- HQ country
- Denmark
- HQ region
- Europe
Offices1 record
Markets served
Bekey business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Technology or R&D, Operations, Personnel, Marketing or Sales, Infrastructure
Revenue model
- Per-door-opening fees from delivery partners: Delivery partners (meal kit companies, logistics providers) pay a small fee each time they open a building door using Bekey's digital key system. This is the primary revenue stream.
- Partnership/integration fees: Partners pay negotiated fees for access to the nationwide network of 32,000+ locked buildings. Pricing described as 'DKK Aftales' (to be agreed), indicating custom/enterprise pricing.
- Free installation funded by partner fees: Installation is free for residents and property associations. The cost is subsidized by ongoing per-use fees charged to delivery partners who benefit from access to the buildings.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Freemium | Monthly | Beboer (Residents): Free installation and service |
| Freemium | Monthly | Ejendom (Property): Free installation and service |
| Transaction based/ take rate | Pay-as-you-go | Samarbejdspartner (Partner): Negotiated access to 32,000+ buildings |
Go-to-market motion1 record
Distribution channels4 records
Marketing channels7 records
Bekey product offering
Product offeringCore offering
Bekey develops and operates a secure, digital access solution for locked apartment buildings. Its hardware products (SmartRelay 2.0, SmartLock 2.0, SmartKeyBox 2.0) are managed through the cloud-based Netkey platform, enabling authorized partners such as delivery companies, home care staff, and municipal services to open building and apartment doors using encrypted Bluetooth digital keys delivered via the Bekey mobile app.
Product overview
Bekey is Denmark's leading provider of secure, digital access solutions for apartment buildings and homes. The company's product portfolio consists of three main hardware products—SmartRelay 2.0 (Bluetooth lock for building entrance doors), SmartLock 2.0 (smart door lock for home care), and SmartKeyBox 2.0 (electronic key box)—all managed through the cloud-based Netkey platform and accessed via the Bekey App. Supporting apps include the Montør App for certified installers. The ecosystem enables flexible delivery services (Flexlevering), allowing residents to receive parcels without being home. The system serves three primary segments: residents in locked buildings, property managers, and commercial partners (distributors and home care providers). Installation is free for residents and properties, with costs borne by commercial partners per door opening.
Differentiator
Problem solved
Functional benefit
Brands
- Netkey: Bekey's cloud-based software platform for managing digital access
- SmartRelay 2.0
- SmartLock 2.0
- SmartKeyBox 2.0
Products and services
- SmartRelay 2.0 A Bluetooth-enabled lock installed invisibly inside building intercom systems, allowing authorized delivery and home care partners to open the building entrance door via encrypted digital keys. Supports 6V-24V AC/DC power, -25°C to 50°C operation, and under 0.1W power consumption.
- SmartLock 2.0 A retrofit smart lock mounted on the inside of apartment doors, allowing home care personnel to unlock the door digitally via the Bekey app; motor turns the handle to open/lock the door. Battery life up to 16,000 openings or 3 years standby.
- SmartKeyBox 2.0 An electronic key box mounted on building facades for commercial users such as home care providers; stores physical keys and unlocks digitally. Average standby time of 3 years or approximately 16,000 open/lock cycles.
- Netkey Bekey's proprietary cloud-based software platform that serves as the central hub for managing digital keys, user access permissions, and door opening logs across all hardware devices. Supports partner integration via open API.
- Bekey App Mobile application for Android and iOS that allows authorized users to open doors using encrypted digital keys via Bluetooth. Available on the App Store and Google Play.
- Flexlevering A flexible delivery service enabling residents in locked apartment buildings to receive parcels, groceries, and meal boxes without being home, by granting time-limited digital access to authorized delivery partners through the Bekey network.
Quantifiable outcome
- 100+ million door openings facilitated since 2010, with ~15 million openings in 2023 alone
- +3 more outcomes
Companies that use Bekey
Customer profileNamed customers12 records
Segments4 records
Ideal customer profiles3 records
Bekey technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
Integration3 records
Feature5 records
Bekey partnerships and signals
Strategic signalPartnerships
19 partnerships are on record, tiered core and minor.
- North Media A/ScoreBekey A/S is a wholly-owned subsidiary of North Media A/S (CVR 27507980). North Media handles HR recruitment for Bekey and serves as data processor for recruitment activities. Bekey's financial performance is reported within North Media's Digital Services segment.
- AarstidernecoreOrganic meal kit delivery company using Bekey for flex delivery to residents in locked apartment buildings. Residents can receive meal boxes without being home.
- HelloFreshcoreMeal kit delivery service operating in Denmark using Bekey's digital access for first-attempt delivery to locked buildings.
- SkagenFoodcoreSeafood delivery company using Bekey to deliver premium seafood products to residents in locked buildings.
- RetNemtcoreHealthy meal kit delivery service offering flex delivery to locked apartment buildings via Bekey's digital access solution.
- FactorminorBalanced meal delivery service using Bekey for access to locked buildings for flex delivery.
- Fresh.LandminorFresh produce delivery service bringing farm-fresh ingredients directly to residents' doors using Bekey.
- GreenwitchminorGreen smoothie delivery service using Bekey for flex delivery access.
- FK DistributioncoreWeekly offer distribution company using Bekey for access to locked buildings for newspaper and advertising distribution. Also provides email, collaboration platform, and telephony services to Bekey.
- JetpakcoreExpress delivery company using Bekey for access to locked buildings. Director Johnnie Guldbrandt stated Bekey has been a 'dealbreaker' enabling package deliveries to locked buildings.
- MoveByBikeminorSustainable last-mile logistics provider using electric cargo bikes and Bekey for building access.
- SublogcoreDelivery service for food, medicine, wine, and subscription products using Bekey's digital access to locked buildings.
- PlantoramaminorGarden, home, and pet supplies delivery using Bekey for flex delivery to locked buildings.
- KødrigetminorOnline butcher focused on good taste, quality, and unique raw materials, using Bekey for delivery access.
- SlagterbobminorQuality meat delivery service using Bekey for access to locked buildings.
- The Meat ClubminorDanish consumers' access to quality meat via subscription, using Bekey for flex delivery.
- CEJ EjendomsadministrationminorProperty management company partnering with Bekey to offer digital access solutions to managed properties.
- DropboyminorDelivery partner using Bekey's digital access for last-mile delivery to locked buildings.
- HeprominorPartner company using Bekey's digital access solutions for delivery services.
Scale indicators7 records
Recent moves6 records
Expansion highlights6 records
Bekey competitors and assessment
Company assessmentDirect peers
- Latch: US-based smart building access company delivering cloud-managed electronic locks and credentials for multifamily residential; highly comparable in target customer (apartment buildings) and SaaS-enabled hardware model.
- RemoteLock: Cloud-based universal access control platform supporting smart locks and credentials across residential and commercial properties; comparable software-centric access management approach.
- igloohome: Smart lock and access management platform with mobile-app-driven digital keys for residential and short-term rental use cases; comparable on tech stack and partner-driven access model.
- Salto Systems: European electronic access control and smart lock provider focused on commercial and residential buildings; directly comparable in delivering cloud-managed digital key systems to multi-tenant properties.
- Nuki Home Solutions: Austrian smart lock company offering retrofit electronic locks and an open API platform for partners (delivery, services); closely comparable in business model and residential focus.
- Brivo: Cloud-native access control provider serving commercial and multifamily properties with mobile credentials and APIs; comparable in SaaS access control positioning and partner integrations.
Emerging players
- Glue Home: European smart access startup enabling delivery and service providers to enter residential buildings via digital keys; directly comparable use case (unlocking building entrances for partners) but earlier stage.
Broad incumbents
- Assa Abloy: Global leader in locks and access solutions with residential and commercial electronic lock portfolio (e.g., Yale, HID); comparable category but operates at vastly larger scale with broader scope than Bekey's Nordic residential niche.
- dormakaba: Swiss-listed provider of access control, door hardware, and electronic locks for buildings; comparable in electronic access category with much broader portfolio and geographic reach than Bekey.
- Allegion: Global security products and access control company with electronic lock brands (Schlage, Von Duprin); comparable in electronic access category but diversified across commercial and residential globally.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights7 records
Customer concentration
Bekey social profiles
Digital presenceBekey financial estimates
Financial estimateRevenue estimate
Valuation estimate
Bekey leadership team
Management profileNumber of profiles
Profiles4 records
Bekey funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Bekey 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 Bekey
What does Bekey do?
Bekey develops and operates a secure, digital access solution for locked apartment buildings. Its hardware products (SmartRelay 2.0, SmartLock 2.0, SmartKeyBox 2.0) are managed through the cloud-based Netkey platform, enabling authorized partners such as delivery companies, home care staff, and municipal services to open building and apartment doors using encrypted Bluetooth digital keys delivered via the Bekey mobile app.
Is Bekey a public or private company?
Bekey is a private company. It is classified as corporate owned and is currently operating.
When was Bekey founded?
Bekey was founded in 2008. It employs 11 to 50 people.
Where is Bekey based?
Bekey is headquartered in Taastrup, Denmark, in the Europe region.
How does Bekey make money?
Three revenue lines are on record. Per-door-opening fees from delivery partners are the primary driver. The others are partnership/integration fees and free installation funded by partner fees.
Who are Bekey's main competitors?
Direct peers on record are Latch, RemoteLock, igloohome, Salto Systems, Nuki Home Solutions and Brivo. Glue Home is listed as an emerging player. Broad incumbents are Assa Abloy, dormakaba and Allegion.
Does Bekey have an API?
Yes. Bekeys løsning bygger på et åbent API. Løsningen kan derfor integreres i egne IT-systemer, hvilket bl.a. flere distributører har valgt at benytte sig af. Distributøren sender de ønskede leveringsadresser til Bekey via API integration, and Bekey returns information about adgangstilgængelighed. Chaufføren kan åbne døre direkte fra Bekey-app'en, deep-link eller via SDK integration i egen app. Developer documentation is at admin.bekey.dk.
What industry is Bekey in?
Bekey's product category is Smart Building Access Control. Its primary akta.pro industry code is HSAHAEAA, Residential Smart Lock Hardware (Keypad, Keyless, Biometric, Connected), with a secondary code of HSAHAEAG, Smart Lock Software Platforms & Mobile Apps (Access Control SaaS). Its NAICS code is 561621.