Was Kickstarter Right To Turn Down Apigy & Lockitron?

kickstarter-logoY Combinator-backed Apigy created Lockitron just as the connected home movement was really taking off. The company promised some pretty slick features. The device integrated with your home’s deadbolt and promised to allow things like remote unlocking from a smartphone. It was even said to have the ability to sense when the owner got close. Your house could unlock automatically. Jetsons stuff.

Apigy raised around $2.2 million in a crowdfunding campaign that closed over a year ago as a piece in TechCrunch today points out. They’re now egregiously late to ship, which isn’t a huge story in and of itself. Crowdfunding projects are late to ship all the time. Comes with the territory.

SelfStarter

What makes Lockitron different is that they crowdfunded on a self-hosted, self-developed platform. Apigy was kind enough to later open source the project, and that would eventually become Selfstarter. It’s been used by numerous crowdfunding projects since, most notably for projects like Soylent and the Tile item finder.

Why did Apigy go this route? Kickstarter turned them down.

Perhaps that was a shrewd move.

There’s a trend to be seen here. Consider these examples…

Owlet Baby Monitor: Rejected by Kickstarter, opted for Selfstarter, late to ship
Soylent: Rejected by Kickstarter, opted for Crowdhoster (Selfstarter on Crowdtilt), late to ship
Scout Alarm: Rejected by Kickstarter, opted for Selfstarter, late to ship

It leaves me wondering whether Kickstarter is playing gatekeeper or soothsayer.



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Disclosure Quest

Reg A - Form 1-A Filings Beta

Beta. Initial Form 1-A only. Target raise is the stated Amount to be Raised, totaled. Compared with the same dates one year earlier.

YTD: Jan 1, 2026 - Nov 4, 2026 vs Jan 1, 2025 - Nov 4, 2025

Share this graph
Number of Filings134Prior 129 +3.9%
Target Raise, Total$3.45BPrior $3.59B -3.8%
This YTDYear priorChange
Filings 134 129 +3.9%
Target raise $3.45B $3.59B -3.8%

Sponsored by the Crowded Media Group the leading digital news service covering the global Fintech Industry, including digital assets, crowdfunding, tokenization, and other innovations in capital markets. email us @CrowdfundInside

Source: DisclosureQuest. Initial Form 1-A only.

Created by Crowded Media Group

This display counts initial Form 1-A filings only. It does not represent subsequent filings, including Form 1-A/A amendments or Form 1-A POS post-qualification updates filed by the issuer. Amounts are the stated Amount to be Raised on the initial filing, not capital raised and not amounts revised in later filings.

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