Enterprise smart lock maker Sera4 of Waterloo secures $1.5M financing from BDC Capital

KITCHENER and WATERLOO, November 4, 2019—Sera4 of Waterloo, Ontario has secured non-dilutive growth financing totalling 1.5 million dollars from BDC Capital’s Growth & Transition Capital division. Sera4 makes enterprise-grade locks that are opened wirelessly with authorized users’ smartphones. Its technology affords greater security and efficiency as there are no physical keys in circulation and no anonymous access.

Sera4 was founded in 2014 by Jerod Klink, a former software engineer at BlackBerry. He was joined two years later by David Coode, a senior manager at ON Semiconductor, who took on the role of CEO. Sera4 has enjoyed early success with substantial sales to telecommunications service providers and tower operators in Mexico. It is now expanding in North America and elsewhere in the world as well as penetrating other industries with critical installations requiring access control.

“BDC Capital’s financial support is an integral part of our overall growth plan at Sera4,” says CEO David Coode. “The financial products and advice from BDC fit perfectly with our needs at this stage, and dealing with BDC Capital has been a pleasure.”

This transaction was conducted by Mark Lunick, Director, Growth & Transition Capital for Southwestern Ontario at BDC Capital. “Sera4 has solved a big problem for companies that need to give controlled access to their critical infrastructure,” comments Lunick. “The market for Sera4’s technology is considerable. The go-to-market strategy that management is now deploying is very well thought out and includes a deep pipeline of potential customers.”

About Sera4

Sera4 Ltd. is a leading supplier of keyless physical access control for critical infrastructure. It provides cyber-resilient site access automation and identification at scale, solving real challenges in operations while reducing significant asset losses. Sera4 solutions currently secure customers throughout the Americas and in Africa. Sera4 is headquartered in Waterloo, Ontario.

About BDC Capital

BDC Capital is the investment arm of BDC—Canada’s only bank devoted exclusively to entrepreneurs. With more than $3 billion under management, BDC Capital serves as a strategic partner to the country’s most innovative firms. It offers a full spectrum of risk capital, from seed investments to transition capital, supporting Canadian entrepreneurs who wish to scale their businesses into global champions. Visit bdc.ca/capital.

Sera4 presenting at Africa Accelerating 2019

Daniel Galeano of Sera4 will sit on a panel on Tuesday October 29th at 3:20 pm on Canadian Success Stories: Lessons from companies who have made it in Africa. This panel will be part of the Canada-Africa Chamber of Business annual forumAfrica Accelerating 2019which will be held on October 29-31, in Toronto.

Daniel representing Sera4 at the event (added later)

IMPACT Technical Products appointed as Representative for the Canadian Market

Sera4 (Waterloo, ON, Canada), is pleased to announce that IMPACT Technical Products (Mississauga, ON, Canada) is now the exclusive Manufacturer Representative for the Sera4 Teleporte keyless access control product line for the Canadian market.

Now in its 15th year of operation, IMPACT Technical Products (IMPACT) has established itself as a technical representation leader with a coast to coast presence in Canada. Although IMPACT supports all markets, the IMPACT engineering and support team specialize in addressing the mission critical, utility, transportation, industrial and communication service provider markets, which are all verticals that will greatly benefit from the Sera4 Teleporte keyless access control solution.

The partnership with IMPACT is effective immediately and it is a firm demonstration of Sera4’s commitment to assertively address the keyless digital access control market in Canada.


Sera4 (Waterloo, ON, Canada) est heureuse d’annoncer qu’IMPACT Technical Products (Mississauga, ON, Canada) est désormais le représentant exclusif pour la gamme de produits de contrôle d’accès sans clé Sera4 Teleporte pour le marché canadien.

Bien que IMPACT prenne en charge plusieurs marchés, son équipe d’ingénierie et de support se spécialise dans les marchés des fournisseurs de services critiques, de services publics, de transport, industriels et de communication, tous des secteurs qui bénéficieront grandement de la solution de contrôle d’accès sans clé Sera4 Teleporte.

Le partenariat avec IMPACT entre en vigueur immédiatement et témoigne de la détermination de Sera4 à s’attaquer de manière affirmée au marché de la commande d’accès numérique sans clé au Canada.

Sera4 returning to AfricaCom 2019

Sera4 will be exhibiting at AfricaCom 2019 in Cape Town from November 12-14 for the second year in a row. Come and visit us at the Canadian pavillion at the show.

Sera4 at Futurecom Brazil 2019

Sera4 is excited to be exhibiting at the Futurecom show in Brazil October 28-31 in São Paulo. Come and see us at booth B95.

Sera4 will be at Canasa October 23-24

Sera4 will be present for the first time at a tradeshow on our home turf! Thanks to Impact Technical Products to bring us into the 2019 Canasa show in Toronto under their banner.

Sera4 Exhibiting at the ISE Expo

Sera4 will be exhibiting for the first time at the ISE Expo in Dallas on September 25-26. We are booking our meeting schedule now. Get in touch with us to book a meeting and come and see us at booth 641.

Sera4 returning to TowerXchange Africa

Sera4 will be returning to exhibit at the TowerXchange Africa Meetup in Johannesburg, South Africa, on October 8-9, 2019.

Sera4 at the TowerXchange CALA Meetup 2019

We’re attending the TowerXchange CALA Meetup at in Boca Raton today and tomorrow.

Sera4 and Jonyco exhibit at the Colombia Security Fair July 2-5

Sera4 is exhibiting at the Colombia Security Fair from July 2 – 5, 2019. We are showcasing together with Jonyco, our local integration partner in Colombia.

Jonathan Predonzan of Jonyco is presenting Sera4 at the main pavillion from 12:00-12:45 on Wednesday July 3.