NEWS SINGAPORE

Singapore-based startup igloohome unveils Smart Keybox for short-term rental hosts

Is installing a smart lock too cumbersome? This might be a more convenient solution

By Yon Heong Tung

igloohome

Singapore-based and US-incorporated startup igloohome has achieved considerable success with its smart lock device.

Since its founding in 2015, igloohome has rolled out its smart solution to the US, Australia, Thailand and Singapore. It also partnered with Airbnb to be its preferred ‘Keys & Access’ vendor, and raised a cool US$1.25 million in a seed round led by Wavemaker Partners.

Now, igloohome is rolling out a solution for property owners or short-term rental hosts who wish to retain their traditional keys and avoid the hassle of replacing their conventional door locks.

The Smart Keybox is essentially a lock box that allows homeowners to store up to six keys or seven key cards. It can then be mounted onto walls or secured to door handles and railings.

Homeowners generate a PIN code via the app and send it over to the guests to unlock the Keybox. The code expires after a preset date.

Additionally, an Airbnb host can integrate their igloohome account with their Airbnb calendar at US$9.90 per month. The PIN codes and their expiration dates will then be generated automatically.

Also Read: Singtel now offers a US$18 per month smart home solutions plan

The Smart Keybox can also be unlocked via smartphone via Bluetooth once it is within range; no internet connection is required.

“The Keybox can be used by real estate agents to let different clients into properties for viewing, by staff on shift in the office, or even by homeowners to store their keys as a back-up. There is huge potential for the Keybox,” said co-founder of igloohome Walter Wang, in a press release.

Currently, the igloohome Smart Keybox is available for pre-order at a promotional price of S$229 (US$165) in select countries, including Japan, Korea, Australia and certain parts of Southeast Asia. It is expected to be shipped in early 2017.

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Image Credit: igloohome

  • igloohome
    igloohome Singapore igloohome aims to help people manage their homes and properties through innovative technologies to enable simple, safer and smarter living. Funding: Undisclosed Series A Investors: Singtel Innov8
  • Airbnb
    Airbnb United States of America Airbnb is a trusted community marketplace for people to list, discover, and book unique accommodations around the world — online or from a mobile phone or tablet. Funding: 2M Seed Investors: Gobi Partners

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Daniel Tan
Daniel Tan • Wealth Management, Financial services, Business development, MDRT, Networker
At 299 wouldn't it be better to install a digital lock ?
What if they duplicate your key?
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Ck Wong
Ck Wong
the key is not the most important function, it's the smart keybox idea that they are selling. By able to give certain people access to the place at certain time/date, this will allow them to have greater control over access to their place.
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Daniel Tan
Daniel Tan • Wealth Management, Financial services, Business development, MDRT, Networker
And that key box is for ? To store keys that someone can take and duplicate?
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JitSiong Thaddeus Koh
JitSiong Thaddeus Koh • COO at e27
Actually, thats a valid point. I guess the decision lies with the home owner. I believe the solution is to digitalize what is already common practice (number-locked keybox) instead of improving it.
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Daniel Tan
Daniel Tan • Wealth Management, Financial services, Business development, MDRT, Networker
i like to read e27 to learn about new ideas. try to tap into what others' are thinking.
i'm not sure if there's something i'm not following here or. when the first pc was introduced the idea was laughed at but it seems while many start up and trying to convert into main stream adopter we have a product that's quite flawed.

i can imagine my airbnb guest booking one day and coming for free the next day with the keys i left freely to be duplicated
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Daniel Tan
Daniel Tan • Wealth Management, Financial services, Business development, MDRT, Networker
i wonder how much was the series A by singtel - there i was wondering if and how i can pitch my ideas to singtel

" It also partnered with Airbnb to be its preferred ‘Keys & Access’ vendor, and raised a cool US$1.25 million in a seed round led by Wavemaker Partners. "

so many brilliant people at airbnb and no one realized?

i'm sure i missed something. can someone please enlighten me?
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Daniel Tan
Daniel Tan • Wealth Management, Financial services, Business development, MDRT, Networker
trying pivoting the idea to a letter box that only certain delivery man can open?
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JitSiong Thaddeus Koh
JitSiong Thaddeus Koh • COO at e27
perhaps user behaviour differs from our assumption.
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Shermaine Koh
Shermaine Koh • Director of Marketing and Communications
Hi Daniel,

Perhaps we could share a bit more - igloohome has created smart digital locks for home or property owners who want to go keyless. The locks have already been in the market for a while, and we agree that they are great if you're concerned about key duplication.

The Keybox is a product that we have created in response to requests actually, from home/property owners who are enthusiastic about the idea of granting access remotely, but do not want to permanently alter their doors, or who have doors which may not be compatible with our locks.

As mentioned by Thaddeus, lockboxes are pretty common in certain countries (eg. Japan), and the igloohome Smart Keybox is designed to provide more control over who can access its contents. Aside from PIN codes, it also accepts bluetooth keys - this means as an owner, you can use the bluetooth keys to monitor who unlocks the Keybox.

Hope this helps!
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Daniel Tan
Daniel Tan • Wealth Management, Financial services, Business development, MDRT, Networker
Now they can access it anytime indeed
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Daniel Tan
Daniel Tan • Wealth Management, Financial services, Business development, MDRT, Networker
http://www.digitaltrends.com/home/noke-simple-keyless-bluetooth-padlock/

a quick search on the internet. first result that came up. $60
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