Key Safety Systems
7000 Nineteen Mile Road, Sterling Heights, Michigan, 48314, United States
Overview
Key Safety Systems (KSS) is a global leader in the design, development and manufacturing of automotive safety-critical components and systems including airbags, seatbelts, and steering wheels. Their products are featured in more than 300 vehicle models produced by over 60 well-diversified customers worldwide. KSS also utilizes their products and technical experience to supply a wide variety of non-automotive businesses including military and commercial vehicles. KSS achieves competitive advantages by operating as a seamless global entity where all worldwide associates work together, continuously improving all aspects of their business.
- Total investments
- 1
- Lead investments
- 0
- Investments · 12mo
- 0
- Active investors
- 0
Sector focus
- Automotive
- Machinery Manufacturing
- Manufacturing
Investment portfolio
- ActiveProtective
Participated · Seed · Nov 2016
ActiveProtective developed a belt that detects a fall and deploys a micro airbag to cushion seniors and help prevent hip fractures. The belt uses cold gas inflation rather than pyrotechnics and includes Bluetooth connectivity to trigger alerts to an emergency contact. The company says its airbag attenuates impact force twice as much as the highest rated passive hip pad and provides 200% more anatomical coverage based on International Consensus testing. Dr. Robert Buckman co‑founded the company and invented the smart belt. Preventing falls is a major healthcare priority—the article notes Medicare costs for fall injuries were more than $31 billion in 2015—and the product competes with companies such as Israel‑based Hip‑Hope and the Netherlands’ WOLK Company. Financially, ActiveProtective has raised at least $4.6 million in this Series A and $10 million in total to date. ActiveProtective developed a wearable belt that detects falls and deploys a micro airbag to cushion seniors and reduce injuries such as hip fractures. The device uses cold gas inflation rather than pyrotechnics to avoid alarming users and includes Bluetooth to trigger alerts to an emergency contact. The company plans pilot studies in collaboration with two large senior care providers and intends to expand applications into sports, high-risk occupations, and the military. ActiveProtective said it will use the new funding to support those pilots and to pursue broader applications. Leadership includes CEO and co-founder Drew Lakatos and co-founder Dr. Robert Buckman, a former trauma surgeon and the belt’s inventor. The company is based in the Philadelphia area.
Team
No current team members are available.