Oloid is a startup that creates software-based physical access technology in a self-install SaaS model.

Basic Information

Founded in 2018 by Madhu Madhusudhanan and Mohit Garg, Oloid is headquartered in California. Oloid is accelerating the adoption of mobile access by introducing an easy, self-install SaaS model that avoids the cost and resource constraints that traditionally plague the physical access control market. At present, Oloid is running a Beta program of its self-install product wherein the retrofit upgrades are being offered at no cost. In February 2022, the startup raised a funding of $12 million in a Series A round, led by Dell Technologies Capital. See more

Legal Name

:

Oloid Inc.

Headquarters

:

Sunnyvale, California, United States of America

Founding Date

:

2018

No. of Employees

:

21 to 40

Core Team

:
1.

Madhu Madhusudhanan

Co-Founder and CTO

2.

Mohit Garg

Co-Founder and CEO

Funding

Total Funding

$17.0M

Investors

:

1.

Honeywell Venture

2.

Dell Technologies Capital

3.

Okta Ventures

Detail Round Breakdown

Round 1

$12M

Series Name

:

SERIES-A

Date

:

9th Feb 2022

Investors

:
1.

Dell Technologies Capital

2.

Honeywell Venture

3.

Okta Ventures