Garage Door Lock Shark Tank Success

Elocksys company owners were presented with the challenge of cost effectively bringing their remote control dead bolt garage door lock to market.

Garage door lock shark tank success.

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. Link to product on amazon https amzn to 2ldjtx7 get a free stock up to 250 by signing up to robin hood start in. The entrepreneur behind garage door lock bryan white pitched the product on shark tank in march 2014. Elocksys deadbolt garage door lock the garage door lock from elocksys features a secure way to lock your garage door.

It can work with either manual or automatic garage doors and integrates in with virtually all automatic garage openers. 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 lock by elocksys went into the shark tank asking for 275k for 30 equity. The garage door lock after shark tank few likes on facebook there has not been much activity with the garage door lock after shark tank as one would expect with a business that got a deal on the show.

Robert offered 275 for an astonishing 70. Feel free to comment share and subscribe. With an initial production run of product tooled and manufactured locally their product cost was greater than the price a consumer would pay for a typical garage door opener. After receiving the financial and advisory backing of shark daymond john on the hit abc cnbc series shark tank.

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. As seen on shark tank. Other locks secure the door to the frame. As far as the e lock system getting a deal on the shark tank we ll considering this episode was filmed last year i would assume any shark that invested in this garage door lock would have already addressed the social network issue as they do with all their shark tank investments.

Haven is anchored to the floor engaging with the bottom of your door and reinforcing the entire width of it. The website is still active allowing customers to order a garage door lock but the social media accounts went silent as of 2014.