MyQ
MyQ, a Chamberlain Group brand, provides an app-controlled smart access platform spanning garage door openers, biometric smart locks, and video doorbells, serving homeowners, multifamily property managers, and automotive OEM partners such as Honda.
- Company typePrivate
- Founded-
- HeadquartersOak Brook, United States
- Headcount—
- GTM typeB2B and B2C
- OfferingHardware or Manufacturing
What MyQ does
MyQ is a smart home access brand owned by Chamberlain Group, headquartered in Oak Brook, United States, that offers a unified app platform for app-controlled garage door openers, smart locks, and video doorbells. Its product portfolio spans the MyQ Garage Door Opener System (a smart garage controller distributed through OEM vehicle integrations such as the Honda Hondalink app), the MyQ Secure View 3-in-1 Smart Lock launched in April 2026 at $279.99 with biometric and 2K video functionality, and the MyQ Video Doorbell Camera launched in February 2026 at $7.99/month for cloud storage. The underlying technology is an IoT-enabled cloud platform operating over 2.4GHz Wi-Fi with subscription-backed video storage and smart alerts.
The company operates three go-to-market motions in parallel: OEM embedded distribution into vehicles (B2B2C, with Honda as flagship partner following the 2026 replacement of Homelink), enterprise field sales to multifamily property managers through the myQ Community platform, and direct-to-consumer retail of smart locks and doorbells. The Community platform is integrated with Schlage, Yale, and RemoteLock smart locks, positioning MyQ as the software-defined access layer across third-party hardware in apartment communities. Revenue is generated through a mix of one-time hardware sales, recurring consumer subscriptions for cloud video and OEM vehicle integration, and enterprise property management contracts, with the smart garage door opener market projected to grow from $2.634B in 2024 to $8.402B by 2035 at an 11.12% CAGR.
MyQ firmographics
Firmographics- Name
- MyQ
- Website
- https://myq.com
- Company type
- Private
- Operating status
- Operating
- Short description
- MyQ, a Chamberlain Group brand, provides an app-controlled smart access platform spanning garage door openers, biometric smart locks, and video doorbells, serving homeowners, multifamily property managers, and automotive OEM partners such as Honda.
- Ownership category
- akta.pro rank
MyQ industry classification
Industry- Product category
- Smart Home Access Control
- NAICS
- Security Systems Services (except Locksmiths) (561621)
- SIC
- Auto Controls For Regulating Residential & Comml Environments (3822)
- akta.pro primary industry
- Multi-Family & Property Management Access Solutions (Common Area & Unit Access) (HSAHAEAE)
- akta.pro secondary industries
- Integration Services (Smart Home Hubs, Voice Assistants, Alarm & Video) (HSAHAEAH), Remote Unlock & Visitor Management (Mobile Credentials/Packages) (HSAHAIAL)
Keywords
Where MyQ is headquartered
LocationHeadquarters
- HQ city
- Oak Brook
- HQ country
- United States
- HQ region
- North America
Markets served
MyQ business model
Business model- GTM type
- B2B and B2C
- Offering type
- Hardware or Manufacturing
- Cost components
- Supply Chain, Technology or R&D, Operations, Marketing or Sales, Personnel
Revenue model
- OEM Vehicle Hardware and Subscription: MyQ is embedded in Honda vehicles through Hondalink app, requiring purchase of a $170 MyQ receiver and a $3-4/month subscription to operate garage door functionality. This represents a B2B2C model where the OEM relationship drives both hardware sales and recurring subscription revenue.
- Cloud Video Storage Subscription: MyQ Video Doorbell requires a $7.99/month subscription for cloud video storage and smart alerts. This recurring subscription model provides ongoing revenue from existing device owners.
- Smart Lock Hardware Sales: MyQ Secure View 3-in-1 Smart Lock sold as one-time hardware purchase at $279.99, targeting homeowners seeking combined biometric access and video surveillance.
- Commercial Property Access Management: MyQ Community platform provides property management software for commercial multifamily properties, integrating with third-party smart lock brands (Schlage, Yale, RemoteLock) to offer comprehensive access management solutions.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Monthly | Honda MyQ Vehicle Integration |
| Subscription | Monthly | MyQ Video Doorbell Cloud Storage |
| One time/ perpetual license | Pay-as-you-go | MyQ Secure View Smart Lock |
Go-to-market motion3 records
Distribution channels4 records
Marketing channels4 records
MyQ product offering
Product offeringCore offering
MyQ designs, manufactures, and sells IoT-enabled smart home access products including app-controlled garage door openers, biometric smart locks with integrated video doorbells, and standalone video doorbell cameras. The company also operates the myQ Community cloud platform for remote access management in multifamily and commercial properties, and licenses its technology as an embedded OEM feature inside Honda vehicles via the Hondalink app.
Product overview
MyQ is a smart home access company offering a unified platform for garage door control, smart locks, and video doorbells. The product portfolio includes the core MyQ garage door opener system (subscription-based controller with vehicle integration), the MyQ Secure View 3-in-1 Smart Lock (combining biometric access with video doorbell), and the MyQ Video Doorbell Camera (standalone video doorbell). For commercial and multifamily properties, MyQ provides the myQ Community Platform enabling remote access management of smart locks from Schlage, Yale, and RemoteLock brands.
Differentiator
Problem solved
Functional benefit
Brands
- myQ Community: Property management platform for apartment communities enabling smart access control, remote management, and digital key distribution for residents and property managers.
Products and services
- MyQ Secure View 3-in-1 Smart Lock A 3-in-1 smart lock combining biometric access control (fingerprint and facial recognition), PIN codes, app control, and traditional keys with an integrated 2K video doorbell. Supports up to 16 users and is targeted at residential homeowners seeking combined smart lock and video surveillance functionality.
- MyQ Video Doorbell Camera A standalone weatherproof video doorbell camera delivering 2K video at a 150-degree viewing angle with a built-in rechargeable battery lasting four to six months. Designed for residential homeowners and requires a $7.99/month subscription for cloud video storage and smart alerts.
- MyQ Garage Door Opener System A smart garage door controller system enabling remote opening and closing of garage doors via a smartphone app. Distributed through Honda's Hondalink app as a subscription service, requires a $170 MyQ receiver hardware purchase plus a $3-4/month subscription to operate garage door functionality.
- myQ Community Platform A cloud-based access management platform for multifamily and commercial properties that lets property managers remotely manage smart locks, issue temporary digital keys, and monitor access across apartment communities. Integrates with Schlage, Yale, and RemoteLock smart lock hardware.
Quantifiable outcome
- Smart garage door opener market growing from $2.634B (2024) to $8.402B (2035) at 11.12% CAGR
Companies that use MyQ
Customer profileNamed customers2 records
Segments4 records
Ideal customer profiles4 records
MyQ technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
AI capability2 records
Feature3 records
MyQ partnerships and signals
Strategic signalPartnerships
Seven partnerships are on record, tiered minor, core and flagship.
- RPM LivingminorRPM Living partnered with myQ Community on a research study examining resident satisfaction and retention factors in multifamily housing, combining RPM Living's property management expertise with MyQ's technology data.
- EliseAIminorEliseAI participated in the joint study with myQ Community focused on resident satisfaction, bringing AI-powered communication technology to the research partnership examining technology solutions in multifamily housing.
- Peerless InsightsminorPeerless Insights contributed research methodology and analytics expertise to the joint study with myQ Community on resident retention factors in the multifamily housing sector.
- SchlagecoreSchlage smart locks are integrated with the MyQ Community platform, enabling property managers to remotely manage Schlage-branded smart locks across apartment communities through the MyQ platform interface.
- YalecoreYale smart locks are integrated with the MyQ Community platform, providing property managers with access to Yale's smart lock hardware within the MyQ access management ecosystem.
- RemoteLockcoreRemoteLock smart lock solutions are integrated with the MyQ Community platform, enabling hybrid deployments combining RemoteLock hardware with MyQ's property management software.
- HondaflagshipHonda has replaced traditional Homelink garage door buttons in vehicles with MyQ technology, requiring customers to purchase MyQ receivers and subscribe to monthly service through the Hondalink app. This represents a flagship OEM embedding MyQ as the exclusive garage door control solution.
Scale indicators6 records
Recent moves5 records
Expansion highlights6 records
MyQ competitors and assessment
Company assessmentBroad incumbents
- Vivint: Established smart home security provider offering professionally installed systems including doorbells, cameras, and smart locks. Competes with MyQ at the integrated-system level for homeowners willing to pay for monitored, professionally deployed solutions.
- Google Nest: Broad smart home incumbent offering Nest doorbells, cameras, locks, and thermostats under one ecosystem. Competes with MyQ's consumer products through deep Google Assistant integration, brand recognition, and aggressive pricing across home access categories.
- ADT: Legacy home security and monitoring incumbent now offering smart locks, video doorbells, and connected home products. Competes with MyQ in the broader smart home access and security category, primarily through professionally installed and monitored services.
Direct peers
- Ring (Amazon): Direct competitor in the video doorbell and smart home security category. Ring's doorbells, cameras, and smart lighting ecosystem overlap with MyQ Video Doorbell and broader home security ambitions, both targeting homeowners via direct-to-consumer channels.
- Genie (Overhead Door): Garage door opener manufacturer with smart controller offerings competing directly with MyQ's garage platform. Targets the same residential and professional installer channels with comparable Aladdin Connect smart garage product line.
- Arlo Technologies: Wireless video doorbell and security camera company with subscription-based cloud storage. Directly comparable to MyQ Video Doorbell's product positioning, pricing model ($7.99/mo), and target consumer segment focused on DIY smart home security.
- Latch: Multifamily-focused smart access and building management platform. Directly competes with myQ Community in serving property managers with smart locks, digital keys, and resident access workflows for apartment communities.
- August Home (Assa Abloy): Smart lock brand now owned by Assa Abloy, directly competing with the MyQ Secure View 3-in-1 Smart Lock. Targets the same homeowner segment with app-controlled smart locks and integrations with major smart home platforms.
- LiftMaster: Sister brand under Chamberlain Group offering smart garage door openers and access solutions. Directly comparable in product category and customer base (homeowners, pros), though LiftMaster is more installer/professional channel-focused while MyQ targets end consumers and OEMs.
- RemoteLock: Smart lock and access management platform serving both multifamily and commercial properties. Direct competitor to myQ Community, also serving property managers with cloud-based lock management — and notably listed as a MyQ integration partner.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat3 records
Key highlights6 records
Customer concentration
MyQ financial estimates
Financial estimateRevenue estimate
Valuation estimate
MyQ leadership team
Management profileNumber of profiles
MyQ funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
MyQ 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 MyQ
What does MyQ do?
MyQ designs, manufactures, and sells IoT-enabled smart home access products including app-controlled garage door openers, biometric smart locks with integrated video doorbells, and standalone video doorbell cameras. The company also operates the myQ Community cloud platform for remote access management in multifamily and commercial properties, and licenses its technology as an embedded OEM feature inside Honda vehicles via the Hondalink app.
Is MyQ a public or private company?
MyQ is a private company. It is classified as corporate owned and is currently operating.
When was MyQ founded?
MyQ was founded in -1.
Where is MyQ based?
MyQ is headquartered in Oak Brook, United States, in the North America region.
How does MyQ make money?
Four revenue lines are on record. OEM Vehicle Hardware and Subscription is the primary driver. The others are cloud Video Storage Subscription, smart Lock Hardware Sales and commercial Property Access Management.
Who are MyQ's main competitors?
Broad incumbents on record are Vivint, Google Nest and ADT. Direct peers are Ring (Amazon), Genie (Overhead Door), Arlo Technologies, Latch, August Home (Assa Abloy), LiftMaster and RemoteLock.
Does MyQ have an API?
No public API is recorded for MyQ.
What industry is MyQ in?
MyQ's product category is Smart Home Access Control. Its primary akta.pro industry code is HSAHAEAE, Multi-Family & Property Management Access Solutions (Common Area & Unit Access), with a secondary code of HSAHAEAH, Integration Services (Smart Home Hubs, Voice Assistants, Alarm & Video). Its NAICS code is 561621 and its SIC code is 3822.