Garage Door Lock Shark Tank

4 5 out of 5 stars 14.

Garage door lock shark tank. 4 5 out of 5 stars 37. It can work with either manual or automatic garage doors and integrates in with virtually all automatic garage openers. Inventor and entrepreneur bryan white pitches elocksys his patented garage door lock to the sharks in shark tank episode 523 on march 21. Garage door lock by elocksys went into the shark tank asking for 275k for 30 equity.

Elocksys company owners were presented with the challenge of cost effectively bringing their remote control dead bolt garage door lock to market. Bryan entered the tank seeking 275 000 for 30 of his company. Elocksys deadbolt garage door lock the garage door lock from elocksys features a secure way to lock your garage door. 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.

After receiving the financial and advisory backing of shark daymond john on the hit abc cnbc series shark tank. As seen on shark tank. 1 16 of over 1 000 results for electric garage door lock liftmaster 841lm automatic garage door lock. Daymond offered the 275 for 40 contingent on getting a licensing deal.

Surelock garage door deadbolt. The elocksys product adds a whole secondary layer of security to any garage door. Garage door lock shark tank update in spite of bryan s success in landing a deal with daymond john the garage door lock does not appear to have achieved the licensing deal john had hoped for. With an initial production run of product tooled and manufactured locally their product cost was greater than the price a.

The garage door lock on shark tank. Daymond john offered 275 000 for 35 percent equity contingent on the company getting a. The website is still active allowing customers to order a garage door lock but the social media accounts went silent as of 2014. Bryan began by selling the sharks on the necessity of his product by mentioning there was a home.