Garage Door Security Shark Tank

Junk works diy garage 3 837 views.

Garage door security shark tank.

Garage door lock by elocksys went into the shark tank asking for 275k for 30 equity. Bryan began by selling the sharks on the necessity of his product by mentioning there was a home. Elocksys company owners were presented with the challenge of cost effectively bringing their remote control dead bolt garage door lock to market. The garage door lock on shark tank.

Like share comment subscribe me. At that time our team was 8 people working in my garage and going out. Daymond offered the 275 for 40 contingent on getting a licensing deal. With an initial production run of product tooled and manufactured locally their product cost was greater than the price a.

At 250 300 it s a fractional extra expense for someone installing a new electronic garage door. The entrepreneur behind garage door lock bryan white pitched the product on shark tank in march 2014. After receiving the financial and advisory backing of shark daymond john on the hit abc cnbc series shark tank. 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. Garage door security duration. 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. The elocksys product adds a whole secondary layer of security to any garage door and helps ensure your garage is secure.

I currently don t have a garage my self but whenever i get one i d spring for one of these for sure. As seen on shark tank. Garage door lock what happened after shark tank 275 000 deal. Daymond john offered 275 000 for 35 percent equity contingent on the company getting a.

Garage door lock what happened after shark tank 275 000 deal. Bryan entered the tank seeking 275 000 for 30 of his company. Doorbot launched in 2012 and by the time the shark tank episode aired in 2013 costs had begun to mount for the upstart. 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.

Any security conscious person would want this product. Haven is anchored to the floor engaging with the bottom of your door and reinforcing the entire width of it.