Garage Door Lock Shark Tank
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. Shark tank on abc garage door lock is a lock designed specifically for a garage door the biggest door in one s house and the one usually left unlocked. Elocksys deadbolt garage door lock the garage door lock from elocksys features a secure way to lock your garage door. Back in 2010 but no publicity to speak of since then as far as i can tell. Entrepreneur bryan white pitches his garage door lock in shark tank episode 523 on march 21.
What the garage door lock does is lock your garage door with a remote the same way you open and close it. Inventor and entrepreneur bryan white pitches elocksys his patented garage door lock to the sharks in shark tank episode 523 on march 21 visit the post for more. Garage door lock s shark tank deal was successfully funded. Garage door lock by elocksys went into the shark tank asking for 275k for 30 equity.
The garage door lock which works with. 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. Daymond offered the 275 for 40 contingent on getting a licensing deal. Robert offered 275 for an astonishing 70.
After receiving the financial and advisory backing of shark daymond john on the hit abc cnbc series shark tank. If you have any information we should add or change tell us in the comments. Bryan began by selling the sharks on the necessity of his product by mentioning there was a home. 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.
Help sharkalytics expand its shark tank knowledge base. If for any reason you forget to close the garage door whether coming or going the elocksys will take over and automatically close and lock itself back up. It can work with either manual or automatic garage doors and integrates in with virtually all automatic garage openers. E lock system before shark tank update it looks like bryan received some great publicity from kusi news in san diego ca.
Garage door lock continues to operate successfully following its shark tank appearance. The elocksys product adds a whole secondary layer of security to any garage door.