Garage Door Security Shark Tank

Garage door lock by elocksys went into the shark tank asking for 275k for 30 equity.

Garage door security shark tank.

Like share comment subscribe me. Daymond john offered 275 000 for 35 percent equity contingent on the company getting a. Any security conscious person would want this product. The entrepreneur behind garage door lock bryan white pitched the product on shark tank in march 2014.

Garage door security duration. Bryan entered the tank seeking 275 000 for 30 of his company. As seen on shark tank. With an initial production run of product tooled and manufactured locally their product cost was greater than the price a.

Elocksys company owners were presented with the challenge of cost effectively bringing their remote control dead bolt garage door lock to market. After receiving the financial and advisory backing of shark daymond john on the hit abc cnbc series shark tank. Haven is anchored to the floor engaging with the bottom of your door and reinforcing the entire width of it. There is no need to perform additional tasks to open or close your garage door you still have one garage door opener and just need to push one button to open the door.

Daymond offered the 275 for 40 contingent on getting a licensing deal. Bryan began by selling the sharks on the necessity of his product by mentioning there was a home. Robert offered 275 for an astonishing 70. Other locks secure the door to the frame.

The sharks all agreed there was a serious need for this product and were shocked to learn how easy it is to enter a home through the garage door. At 250 300 it s a fractional extra expense for someone installing a new electronic garage door. The lock is constructed of military grade steel and nylon and industrial strength polycarbonates and uses a simple but uniquely designed wedge to protect a door from intrusion. Garage door lock what happened after shark tank 275 000 deal.

Garage door lock what happened after shark tank 275 000 deal. I currently don t have a garage my self but whenever i get one i d spring for one of these for sure. Garage door lock shark tank blog. The garage door lock on shark tank.

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