IOmando

Founded in Barcelona in 2011, IOmando emerged from the vision of co-founder Marc Collado to leverage nascent mobile technology for everyday physical access. The company developed a cloud-managed platform enabling users to replace traditional keys and remotes with their smartphones for entry into community buildings, garages, and other shared spaces. The system is composed of a hardware device installed at the access point, a secure server that manages permissions, and a mobile application for the end-user. This software-based approach offered greater security and flexibility compared to physical keys, as digital credentials could be granted or revoked in real-time at a minimal cost.

The company's target market included property managers and residents of multi-tenant buildings seeking a more streamlined and secure access solution. IOmando's business model centered on the sale and installation of its proprietary hardware device, coupled with the management of access permissions through its cloud platform. This structure allowed for a unified interface to manage multiple locations, eliminating the need for numerous physical keys. After its initial capitalization in 2011 and an early-stage venture funding round in 2014, which raised a total of over $320,000, IOmando demonstrated its market viability. In 2017, the company was acquired by Citibox, a Spanish startup focused on smart delivery solutions, integrating IOmando's technology to enhance its service offerings.

Keywords: keyless access, mobile credential, smart building, access control, cloud security, property technology, IoT, remote access management, digital keys, facility management