Kisi Doubles Revenue, Opens Up

By Brian Rhodes, Published Oct 22, 2021, 08:45am EDT

While Kisi is nearly a decade old, the Brooklyn-based access control company has remained relatively unknown. Now, the company's co-founder tells IPVM that they have doubled revenue year over year and they are opening up to support 3rd party readers and credentials.

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Inside this note, based on a conversation with CEO Bernhard Mehl, IPVM examines where Kisi is coming from and where it aims to go.

Kisi ****

*** **** ******* **** shared ** ****** ** employees *** *,*** *********. We ******** ****'* ****** revenue ** ~$* ******* but ******* *******.

Growth *********** **** *****

*** ******* **** **** its ****** *** *********** further, ** ***** ***** a ******* ************ ** cloud *** ****** ************. For *** ******** **-******, Kisi ******* ******* ******** YoY. ** **********, ***-*****, the ******* **** *** at * ********** ***** rate ** ***% **** 2 ***** ***-******** (*** *** *** **** profile).

************, **** **** **** buying ********* **** ******* as ***-***** **** ****** control ********* **** ***** on ******* ****** *** that ***** *** ********, more ****** *** ************* reprioritizing ****** ******* ****** criteria, ************ ****** ****** management ** ****** **********.

************, *** ******* *** primarily **** ** ***** to ******-***** ********** *** Kisi **** ***** *** expanded *** ********* ****** to **** ***********.

Historically ******

* ***** ********** ** Kisi *** **** **** it *** * ****** system, *** ********** *** party *******, *********** *** credentials.

***** **** ********** ***** and *********** ** ******* businesses, ***** **** ****** or ******* **** ********* access ******* *******, ***********, or *********** ***** ****** have ** ******* ** them **, *** ****** Kisi.

Opening **

***, **** ** ******* in * *********** ****:

  • *** **** ****** ******* *** ******* ******* 3rd-party *********** **** ** Prox/HID *** *** ****** as **** ** ******** connection *** ******* (**** is *** *********). ****** Kisi ****** *** **** not ** **** ****** the **** ** **** the ******** *** ******-********** products *** *** ****. The *** ****** *** will ** ****** ** $699 ****, *** **** as *** *** ******* version.
  • ******* ********** ******* *** ******* *** party ******* *** ** optional ********* ******* *********. Release **** *** ******* has **** *** *** this (** *****, ** OSDP *******). **** *** considering ******** **** ********* into *** **********. ****** to *** *** ****** an ********* ** ******** for ********** ** *** party *******.

************

**** ******* **** ************ include ******* */*, ** integration **** *********, ******* alarm ********* ** **** or *********, ** ******* management, ***.

*******

******* ** ************* $*** MSRP *** **** *** year ** $*** **** per **** *** ****, depending ** *** ***** of ***************, *** *******, SSO *** ***** *********** are **** ** * higher-priced *******.

**********, **** ******* ***-**** but **** **** ******* this ******.

Channel **** ***** ****

**** **** **** ******** to *******-**** ***** ******* in ****, ****** **** while **** **** ****** existing *** ********, *** ones **** ** ******* the ******* *** **** they **** ******* *** leads ** ***** *******.

*** ******* *** ************ focused ** ******* ** dealers *** ** ********* to * ******* ****** base. ****** * ****** of ***** ***********, **** has *** **** **** to ****** ** *** traditional ********** ****** ******* dealers.

Video *********** / ** ***** *****

**** *** ** ***** to ******* *** *** video ********** ********. **** do ********* **** * limited ****** ** *** providers, ********* ******* ******* and ****** ** **** as ********'* ********** ********. They *** ******* ** integrate **** **** ******* and **** **** ** their *** ***** *********** is *******.

Closest ***********

*** ***** ******* *** cloud-native, ****** ****** ******* systems, ******* *********** ******* Brivo, *******, ******* ********, and ********.

Fund *******

**** ********* **** **** not ****** ******* ******* since **** ****** **** acknowledged **** *** ** a **** **** ** do **. **** ******* they ***** **** ****** of ******** **** ********* as, *.*.,********'* ~$*** ******* *********** by ********, ******* ***** ****** in *** ******/***** ****** control *****.

*******

***** **** *** ******* developed **** *** **** decade, *** ******** *** helped **** *** ** opening ** ***, **** allow ********** ** ** considered ** * **** broader ******** **** *** larger ******. *** **** they ****, ** ******, depends ** ********* *** how ********** (********* ****** VC *****) **** *** in *********.

Comments (5)

** *****,

****** *** ********* **. Ten ***** ****, * wouldn't **** *******!

* **** **** ******** on *** ****** ************, I ***** ** ******* on *** **** *** defined.

> **** ******* **** deficiencies ******* ** */*, no *********** **** *********, no ***** ********* ** fire ** *********, ** visitor **********, ***.

** **** *** ******** integrations (*** ***** *****, one **** ******), *** we ******* ********* ********* both ******** *** **** third ***** ***** ****** (********* ********* | **** Platform *** *** *************).

*** */* ** **** support *** **** *********, e.g. **-*** *** ******** wireless *****. *'* *** sure **** ** **** you ****, ******.

****,

****

Agree
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Funny

****** *** *** ********. I ******* *** ****** above.

Agree: 1
Disagree
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Funny

****** ****, ***** *********** has * ******** ****** control ******/***** ********, *******, with * ****** ******* model **** ******** *** advance ********/**********. *************, **** were *** ******** ** your **** *****.

Agree
Disagree
Informative
Unhelpful
Funny

*** **** ******* **** shared ** ****** ** employees *** *,*** *********.

“******* **” **** **** so ***.

Agree
Disagree
Informative
Unhelpful
Funny

**** ***** ** ***** and *****, ”*********** #*”. For ** ****, * can **** ** ** product ** *** **** any *********.

Agree
Disagree
Informative
Unhelpful
Funny
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