Staying ahead of the technology curve means strengthening your competitive advantage. That is why we give you data-driven innovation insights into the mobility industry. This time, you get to discover 5 hand-picked digital key solutions.
Global Startup Heat Map highlights 5 Top Digital Key Startups out of 417
The insights of this data-driven analysis are derived from the Big Data & Artificial Intelligence-powered StartUs Insights Discovery Platform, covering 2.093.000+ startups & scaleups globally. The platform gives you an exhaustive overview of emerging technologies & relevant startups within a specific field in just a few clicks.
The Global Startup Heat Map below reveals the distribution of the 417 exemplary startups & scaleups we analyzed for this research. Further, it highlights 5 digital key startups that we hand-picked based on criteria such as founding year, location, funding raised, and more. You get to explore the solutions of these 5 startups & scaleups in this report. For insights on the other 412 digital key solutions, get in touch.
Tuneit delivers Digital Keys through a Smartphone App
Most smart devices are inaccessible without authentication and verification. This encourages mobility startups to use connected devices to securely access vehicles. For example, integrating digital keys into smartphones allows users to unlock and control their cars at the touch of a button, thus, making physical keys redundant.
South Korean startup Tuneit develops smartphone applications that turn devices into digital keys. The startup’s smartphone app, Achakey, unlocks a car’s doors and trunk with the help of a smartphone. Tuneit also provides solutions for managing taxi fleets through digital keys and big data analytics.
Tangerine provides Theft Prevention through Digital Keys
In the case of car thefts, owners are limited by the actions they can perform to aid in recovery and rely on public services. Digital keys, on the other hand, provide live location feeds and remote disabling options, allowing fleet and vehicle owners to prevent losses from thefts. Startups and scaleups develop solutions that allow smart devices to interface with vehicles in the event of a theft.
Singaporean startup Tangerine develops digital solutions to prevent car theft. The startup’s solution allows remote disabling as well as provides the live location of the cars. The smartphone application connects with the car and immobilizes it if there is unauthorized access. The startup also offers solutions for fleet management, including a platform for analytics and real-time monitoring with digital keys for each vehicle.
Vouch develops Digital Key Fobs for Cars
Physical keys are prone to be lost, stolen, or damaged. Besides the lack of authentication and security, physical keys are also replicable. Smart key fobs offer safer alternatives that retain the functionality of physical keys but add functionalities such as starting vehicles. Further, fobs provide an added layer of security through smartphone interfaces, through remote disabling in case of theft. Startups create fobs that are calibrated through smartphone applications and help users unlock and drive their cars without the need for physical keys.
Vouch is a US-based startup that designs digital key fobs for mobility. The startup’s smartphone application enables programming fobs to describe the levels of access for each user. Using ultra-wideband (UWB) and Bluetooth AoX, the fob communicates with the car to authenticate users. This then enables users to access their cars without the need for keys or even smartphones.
M-TRIBES provides a Vehicle Sharing Platform
One of the issues that plague shared mobility is the need for interaction between the customer and the owner. Having to collect keys entails physical contact and verifications that are time-consuming. As a result, such barriers prevent the greater market penetration of shared mobility. This is why mobility startups are devising digital solutions that enable user authentication and contactless transactions.
M-TRIBES is a German startup that develops digital keys for shared mobility. The startup’s mobile app allows users to unlock and drive vehicles that are registered in their database. The app further allows fully digital transactions and utilizes telematics to direct users to vehicles. The service is suitable for both car rentals and free-floating vehicles.
Build38 advances Digital Key Security
Cyber attacks allow external parties to gain access to vehicles by hacking into digital keys. As digital keys continue to gain traction in the industry, companies need to address the security protocols used in digital keys. In order to increase the security of automotive devices and data, startups focus on cybersecurity solutions. These include running application interface integrity checks, as well as implementing protective protocols, to prevent hackers from accessing digital keys.
Spanish startup Build38 develops methods to improve the security of digital keys. The startup creates an application interface ecosystem whereby devices prevent unauthorized access to digital key applications. Further, the apps prevent access to confidential user information, through runtime application self-protection (RASP), transport layer security (TLS), and trust level management of each device. Build38 also provides security for all apps through protection, threat monitoring, and reacting, if required.
Discover more Mobility startups
Digital Key solutions, such as the examples highlighted in this report, focus on increased safety and convenience for digital vehicle control, as well as solutions for shared mobility. While all of these technologies play a major role in advancing the mobility sector, they only represent the tip of the iceberg. To explore more mobility technologies, simply get in touch to let us look into your areas of interest. For a more general overview, you can download our free Mobility Innovation Report to save your time and improve strategic decision-making.