What LOKT LTD does

LOKT LTD is a UK-based private limited company headquartered in Preston, Lancashire, founded in 2024, that designs, supplies, and operates smart locker hardware and cloud management software for venues and enterprises. Its core offering is a revenue-share locker programme: LOKT supplies and installs smart lockers at venues at no upfront cost, then shares per-transaction rental revenue with the venue operator while retaining responsibility for maintenance. The technology stack combines proprietary 2-in-1 Push2Open/Pop2Open electronic locks with a five-year battery life, an IoT Smart Home controller supporting up to 255 users per stack, NFC/PIN payment terminals, and a cloud platform (LOKT Portal, LOKT Online, LOKT App, and LOKT Smart Screen kiosk) for real-time booking, payment, and reporting. The product portfolio extends beyond revenue-share lockers into parcel lockers, smart office lockers, audit-trail lockers for asset accountability, revenue-share luggage lockers, and revenue-share phone-charging lockers, plus two notable add-ons: LOKT Go, a retrofittable kit that converts existing lockers into revenue-generating units without mains power or internet, and veriLOKT, an ID-scan plus face-authentication identity verification layer.

The company's go-to-market is sales-led and direct: prospects book a Microsoft Teams demo, undergo a site visit, receive a contract offer, and on acceptance LOKT engineers install and maintain the estate with a 72-hour on-site response guarantee. Pricing is transaction-based via contactless, Apple Pay, or Stripe, with revenue splits negotiated per venue. The customer base spans events and festivals, travel and hospitality, transport hubs, sports and leisure, retail, education, industrial and warehouse, healthcare, offices, public spaces, and rental businesses, with named enterprise logos including Inflata Nation, Eden Project, Heineken Factory, Poppodium013, CBRE, Duvel Moortgat, and Lancaster On Ice. LOKT is a premier partner of venue management platform ROLLER (announced 13 May 2025) and offers third-party API integrations with Topdesk, Siemens Siport, AEOS, Azure Active Directory, Paxton, iProtect/Keyprocessor, Loxis, and Receptlocatie. The company is privately held with 1-10 employees, no disclosed external funding, and has not disclosed revenue, operating primarily in the UK with stated intent toward Europe and worldwide reach.

Name

LOKT LTD

Legal name

LOKT Ltd

Website

https://lokt.io

Company type

Private

Founded year

2024

Operating status

Operating

Headcount range

1–10 employees

Short description

LOKT LTD designs, supplies, and operates smart locker hardware and cloud management software under a revenue-share model, serving venues and enterprises across events, hospitality, transport, retail, office, healthcare, and industrial sectors in the UK and beyond.

Ownership category

akta.pro rank

Product category

Smart Locker Systems

NAICS

Warehousing and Storage (493)

SIC

Partitions, Shelvg, Lockers, & Office & Store Fixtures (2540)

akta.pro primary industry

Smart Access & Locker Technology Providers (Hardware, Software, Access Control) (TLAAAMAH)

akta.pro secondary industries

Carrier-Owned Parcel Locker Networks (TLAAAMAA), Workplace / Office Parcel Locker Solutions (TLAAAMAE)

Keywords

• Smart locker solutions
• Revenue share lockers
• Parcel locker systems
• Asset tracking lockers
• Cloud locker management

Headquarters

HQ city

Preston

HQ country

United Kingdom

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Personnel, Technology or R&D, Marketing or Sales

Revenue model

1. Revenue Share Locker Rentals: LOKT supplies and installs smart lockers at venues at no cost. Venues earn a percentage share of locker rental revenue. The system handles bookings, payments (via card, Apple Pay, Stripe), and maintenance. Average active site generates around 250 bookings per day, 5 days a week, equating to approximately £10,000 monthly revenue with partners receiving a significant share.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels5 records

Core offering

LOKT designs, supplies, and installs proprietary smart locker hardware and cloud-based locker management software at venues and events at no upfront cost, operating on a revenue-share model. The company earns a percentage of rental income generated by end users who book lockers via kiosk, mobile app, or web, paying cashlessly through NFC/contactless terminals. Its product portfolio spans revenue-share lockers, parcel lockers, smart office lockers, audit trail asset-tracking lockers, luggage and phone charging lockers, plus retrofittable LOKT Go and identity-verified veriLOKT add-ons.

Product overview

LOKT LTD operates a platform-based portfolio of smart locker solutions anchored by Revenue Share Lockers — a model in which LOKT supplies and installs lockers at venues free of charge and generates revenue through per-use payments, sharing a percentage with the venue host. The core technology stack is built on the proprietary LOKT Software cloud platform and LOKT Hardware layer. LOKT Software provides the management backbone via the LOKT App (iOS/Android), LOKT Smart Screen (kiosk touchscreen), LOKT Portal (admin dashboard), and LOKT Online (web-based booking). LOKT Hardware delivers the physical layer through proprietary 2-in-1 locks, the LOKT Smart Home IoT controller, and NFC/PIN payment terminals. The product range extends across specialised locker types — Parcel Lockers for courier and recipient workflows, Smart Office Lockers for workplace asset and employee storage, Audit Trail Lockers for asset tracking in industrial and institutional settings, Revenue Share Luggage Lockers for travel and hospitality venues, and Revenue Share Phone Charging Lockers for nightlife and high-traffic locations. Two notable add-on modules expand the platform: LOKT Go provides a retrofittable revenue-share conversion kit for existing locker installations (no power or internet required; Stripe and Apple Pay enabled), and veriLOKT adds ID verification and facial-authentication gating for high-security environments. Bespoke Smart Lockers round out the offering with fully customised hardware and software configurations including temperature control, varied authentication methods, and API-based third-party integrations (Topdesk, iProtect/Keyprocessor, Siemens Siport, AEOS, Azure Active Directory, Paxton, Loxis, Receptlocatie).

Differentiator

Problem solved

Functional benefit

Brands

• LOKT Go: Retrofittable revenue share lockers that transform existing lockers into revenue generating machines using specialized digital locks and booking web portal.
• veriLOKT

Products and services

• Revenue Share Lockers LOKT's primary smart locker solution providing venues with free locker supply and installation in exchange for a revenue-share arrangement. Venues earn incremental income while LOKT handles maintenance; end users book via kiosk or mobile app and pay cashlessly via NFC/contactless terminals.
• Parcel Lockers Smart parcel delivery and collection lockers enabling couriers to drop off parcels by selecting the recipient at a kiosk and notifying customers via SMS or email with a unique code for collection.
• Smart Office Lockers Intelligent locker systems for workplace environments that track usage, damages, and security via RFID, biometric, or app-based access, improving efficiency and employee satisfaction in offices, hot-desk environments, and government facilities.
• Audit Trail Lockers Smart lockers designed to track and record who accesses which assets (such as zebra scanners, keys, laptops, tools, or uniforms), at what time, and with damage-reporting capabilities via kiosk, reducing losses, thefts, and mismanagement in warehouses, schools, hospitals, and rental businesses.
• LOKT Software The proprietary cloud-based platform underpinning all LOKT locker systems, providing locker management, real-time reporting, and integration with third-party software. Components include the LOKT App (iOS/Android), LOKT Smart Screen (kiosk), LOKT Portal (admin dashboard), and LOKT Online (web-based booking with QR code access).
• LOKT Hardware The hardware component layer of the LOKT platform, including proprietary 2-in-1 Push2Open/Pop2Open locks with 5-year battery life, the LOKT Smart Home IoT controller (supports up to 255 users over WiFi/LAN), and payment terminals in Contactless+PIN and Contactless-Only (NFC) variants.
• LOKT Go A retrofittable revenue-share solution that converts existing locker installations into payment-enabled units by swapping in LOKT's digital locks and connecting them to the LOKT payment web portal. Operates without mains power or internet, supports Stripe and Apple Pay, and can be installed in a single day.
• veriLOKT Identity-verification add-on requiring all locker users to scan a government-issued ID and authenticate their face via the app or kiosk before gaining access, adding an extra layer of security for high-threat or high-traffic environments such as airports, transport hubs, and shopping centres.
• Revenue Share Phone Charging Lockers A specialised revenue-share locker variant offering secure phone charging with payment capability, primarily deployed in bars, nightclubs, music venues, and high-traffic retail and airport locations.
• Revenue Share Luggage Lockers A luggage-focused revenue-share locker solution deployed at hotels, hostels, airports, train stations, and tourist areas, enabling travellers to store bags securely for a fee while freeing them to shop or explore.
• Bespoke Smart Lockers Custom-built locker solutions tailored to specific client requirements, available for purchase or lease with optional maintenance agreements, supporting a wide range of authentication methods (RFID, fingerprint, QR code, Bluetooth), automation features, and temperature-controlled (heated/cooled) variants.

Quantifiable outcome

• Average active site generates £10,000 in monthly locker revenue
• +2 more outcomes

Named customers7 records

Segments11 records

Ideal customer profiles5 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration8 records

Feature9 records

Partnerships

One partnership is on record.

• ROLLERcoreGTM or Marketing Partner · 13 May 2025LOKT has partnered with ROLLER, a venue management platform provider. The partnership positions LOKT as a premier partner of ROLLER. ROLLER provides an all-in-one venue management system including ticketing, POS, and multiple venue management capabilities. The integration allows venues to combine locker storage services with ROLLER's platform for improved guest experiences and increased revenue. ROLLER reports partners seeing an average 30% increase in online sales.

Scale indicators5 records

Recent moves6 records

Expansion highlights6 records

Emerging players

• BringMe: BringMe is a European smart-locker provider focused on residential and office parcel delivery. It overlaps with LOKT's parcel locker and office locker offerings, particularly in Belgium and broader Europe.
• Yellowbox: Yellowbox is an emerging UK-headquartered smart locker provider for offices, schools, and gyms. It is comparable as a similarly sized, similarly targeted smart-locker operator in LOKT's core geographies and verticals.

Direct peers

• Parcel Pending: Parcel Pending by Arca offers smart package lockers for multifamily, retail, and commercial properties. It competes for the same customer segments (workplace, residential, retail) and offers comparable integration with access-control and property-management platforms.
• Luxer One: Luxer One provides smart locker systems for residential, commercial, and retail environments with package management, access control, and integrations. It is the closest US-headquartered functional competitor to LOKT's smart-locker platform.

Broad incumbents

• Smarte Carte: Smarte Carte operates self-service luggage, locker, and stroller solutions primarily at airports and travel hubs. It is a relevant peer in the luggage-storage and travel-vertical revenue-share locker segments LOKT targets.
• InPost: InPost is a publicly listed European parcel locker network operator. While it focuses on carrier-owned parcel lockers at scale, it overlaps directly with LOKT's parcel and pickup-and-drop-off offerings and competes for the same venue partners.
• Amazon Hub Locker: Amazon Hub Locker is Amazon's in-house parcel locker network deployed at convenience and retail locations. As an entrenched, well-funded incumbent, it shapes customer expectations and competitive pricing for any smart-locker operator including LOKT.

Regional players

• LockSafe UK: LockSafe UK supplies workplace, school, and leisure lockers across the UK with traditional mechanical and electronic access. While it lacks LOKT's revenue-share and software stack, it competes for the same venue procurement decisions in the UK market.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/lokt-ltd

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about LOKT LTD