Singapore-based smart access solutions provider igloocompany has announced the establishment of a United States team and office with plans to deploy one million devices there in the next three years.
The company aims to boost growth by three-fold, targeting a slice of the $46 billion smart home market over the next few years.
With the continuous innovation, igloocompany is poised to mark their entry with their first IoT Deadbolt, which is part of the company’s access solution for real estate and property management verticals.
The IoT Deadbolt is the newest addition to the enterprise suite of solutions, supported by igloodeveloper for seamless integration into existing workflows and platforms.
Anthony Chow, CEO & co-founder of igloocompany, said the company is at a very exciting stage of growth which brings them a step closer to its vision of A World without Keys.
Chow said the potential is better than ever in the US with new ways of going about lives. The US market showed no signs of slowing despite the pandemic.
While people maintain social distancing, property sales and leases carry on with the help of technology and innovation. Keyless access is an ideal solution for several industries, thus increasing the demand for products and services created by igloocompany.
Shelli Trung, Managing Partner of REACH Australia, an igloocompany partner, said that the growth of proptech in the US has been progressing steadily and it’s a strategic move for the business to establish a direct presence in the market.
Eric Manlunas, Founder and Managing Partner of Wavemaker Partners, added that igloocompany’s expansion into the US market demonstrates the business’ strong commitment to growth and profitability.
Kelvin Woon, Regional Director (New York), Enterprise Singapore, congratulated igloocompany for their successful entry into the US, and is happy to partner them in that journey.