BenjiLock: Shark Tank Update

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Imagine a world where you don't need many keys or must remember complicated lock codes. Meet BenjiLock, an amazing lock that opens with your fingerprint. It's not just any lock; it's like stepping into the future of keeping things safe. It's super easy to use and gives you peace of mind.

BenjiLock was invented by Robbie Cabral, a smart inventor who wanted to change how we keep our stuff safe. Robbie had this idea because he wanted to solve a problem many of us have. 

He worked hard to make a lock that doesn't need keys but uses your fingerprint to open, mixing old-school lock security with new fingerprint technology. This guide will discuss everything on BenjiLock: Shark Tank Update.

Key takeaways

The story about BenjiLock being on Shark Tank teaches us many important things. It's not just about tech or starting a business. We learn about being creative, not giving up, and how important it is to present your ideas well.

  • BenjiLock uses the latest technology to make everyday life easier. It turns a usual problem into an easy fix.
  • Robbie Cabral's story is about how he went from having an idea to being successful on Shark Tank. It shows how important it is to keep trying and not give up when you want to start a business.
  • This shows how a good pitch can grab attention and earn money. It proves that how you talk about your idea is just as important as the idea itself.
  • Stressing how getting approval and making deals with others, especially experienced investors, is key for growing and reaching more people.
  • BenjiLock shows how new technology can turn simple ideas into cool new products that improve everyday life.

BenjiLock's innovative technology: How does it work?

BenjiLock is really cool because it uses a special method to keep things safe. Instead of using a regular key, you can unlock it with your fingerprint. The lock opens by touching it, making it super easy and safe to use.

Core concept

BenjiLock has a cool feature: it uses a fingerprint reader. When it reads a fingerprint, it knows the lock opens up. This means you don't need regular keys or to remember combinations to open it, making it fast and safe.

BenjiLock's success on Shark Tank - How did the Sharks respond

Benefits of keyless security

BenjiLock's keyless security is better than regular padlocks because:

  • Elimination of Physical Keys: Forget about carrying or losing keys. Remember combination codes again.

  • Enhanced Security: BenjiLock uses your body's unique traits to open locks. This makes it harder for someone to pick the lock or guess a combination, making things more secure.

Unique features and functionalities

BenjiLock has some cool features that make it different from other locks:

  • Multiple Fingerprint Recognition: This lets you save and identify fingerprints from different people. This is great for letting family members or friends you trust share access.

  • Weatherproof Design: It's made to last a long time and work well in different weather so that you can use it inside or outside.

  • Rechargeable Battery: A long-lasting rechargeable battery means the lock keeps working without needing frequent care or new batteries.

BenjiLock in the Tank

Robbie Cabral brought his invention, BenjiLock, to "Shark Tank." This was a big moment because BenjiLock is all about new ideas for keeping things safe. When he showed it on TV, it wasn't just to sell it. He wanted to show everyone how technology can make safety and making life easier go hand in hand.

The pitch

Robbie Cabral wanted to share his idea of a world without keys with more people. He went on the TV show "Shark Tank" to ask for a lot of money to help his idea grow. 

He didn't say right away how much money or what he would give in return because that was part of his plan. He showed off his invention, BenjiLock, which is really cool because it's like a normal lock, but you can open it with your fingerprint.

Reception from the Sharks

The Sharks found the BenjiLock very interesting because it offered a new solution to a common problem. They liked how easy it was to use and how strong it seemed. 

They discussed how well the lock works, if people want to buy it, and how to make and sell it. There were cool moments when the Sharks tried the lock themselves and saw how simple and effective BenjiLock is.

Outcome of the pitch

Robbie Cabral showed his invention, BenjiLock, on "Shark Tank," and it was a hit. The Sharks liked it so much that they offered a deal, believing in the lock's future success. This moment was huge for BenjiLock. It got money, advice, and attention from being on the show.

Being on "Shark Tank" was amazing for BenjiLock and Robbie. It showed how cool and useful new inventions can be, like making locks better. BenjiLock is now set up for more great things ahead.

BenjiLock's product line - What are the different locks available

Deal or no deal? unveiling the negotiation

When Robbie Cabral showed his invention, BenjiLock, on "Shark Tank," the Sharks were really interested. They talked about it a lot, which is what many people who start businesses hope will happen. Robbie made a deal, which was a big step for BenjiLock and what it plans to do next.

The Shark(s) involved

Kevin O’Leary, also called Mr. Wonderful, saw something special in BenjiLock and invested in it. He is famous for picking investments that make money and for making smart business deals. 

When he decided to invest in BenjiLock, it showed he really believed in the product's chance to do well in the market because of its new technology.

Terms of the investment

Kevin O’Leary gave Robbie Cabral $200,000 for a 15% share of his company. Kevin wanted to use this money to help make more products, do better advertising, and sell BenjiLock to more people. They both agreed on how much BenjiLock was worth and how this deal could help the company grow.

Behind-the-scenes insights

After being on "Shark Tank," people learned through interviews and social media that the deal really helped BenjiLock get better. Robbie Cabral often says the show, especially Kevin O’Leary’s help, was super important in dealing with the tough parts of improving their tech product. 

O’Leary didn’t just give money; he also gave smart advice to help BenjiLock do well in the tough electronic lock market. The success of BenjiLock after "Shark Tank" shows how important it is to find the right investors. These investors should offer money, good advice, and connections. 

The partnership between Robbie Cabral and Kevin O’Leary is a great story. It shows how great things can happen when inventors and investors collaborate on new ideas.

BenjiLock's partnership with Hampton Products - What does it mean

Beyond the Tank: fingerprint security's future

After being on "Shark Tank," BenjiLock has been doing really well and making cool updates in fingerprint security tech. The company's boss, Robbie Cabral, and his business partner, Kevin O'Leary, have worked hard to make BenjiLock famous worldwide.

Current status and product line

BenjiLock works fully and has added more products than just the first padlock shown on "Shark Tank." They now sell a padlock that can be recharged and opened with your fingerprint, which is the first one in the world. 

They've also made a lock that the TSA approves for travel, showing they care about keeping things safe at home and when you're moving.

Business model and updates since Shark Tank

The company always works on making new products and teams up with other companies to do better. Recently, they started working with a company called Techlok Solutions. 

They plan to use BenjiLock's special fingerprint technology to make new bike locks and better laptop security. This shows that BenjiLock wants to make different kinds of products and use its technology in many areas.

BenjiLock has also been praised for its work. The U.S. Chamber of Commerce awarded it, proving that it's one of the best small businesses in the country.

Is BenjiLock worth investing in

Social media presence and expansion into fingerprint security solutions

Since its appearance on Shark Tank, BenjiLock has often shared fun updates and engagements on social media. They make cool stuff like door locks that open with your fingerprint, which lots of people like because it makes things safer and easier. 

The company made a special deal with Fingerprints Cards AB to help it become a big name in making products that use fingerprints for security. They want to show off their designs and tech all over the world.

Locking down success: the legacy of BenjiLock

When BenjiLock was on "Shark Tank," it was a big deal for the company. They showed off a cool new product that uses fingerprints for security. Being on the show really helped BenjiLock grow and showed how great their technology is.

Impact of Shark Tank

Being on "Shark Tank" really helped BenjiLock get noticed by a lot of people. Even though the details of the deals aren't the main point, being on TV made the brand much more popular quickly. 

It made more people know about BenjiLock; saying its name got a lot easier because more people had heard of it. Also, being on the show helped BenjiLock find great partners and chances to grow in the security tech world.

Brand awareness and partnerships

"Shark Tank" put BenjiLock in the spotlight and made it a top name in new security technology. It got many people and big companies interested, helping BenjiLock grow its tech and uses way more than first thought. 

Important deals, like the one with Fingerprints Cards AB (Fingerprints™), show how these partnerships after "Shark Tank" helped BenjiLock get more popular and improve its tech.

Ongoing innovation and expansion

When it comes to BenjiLock: Shark Tank Update, BenjiLock is about coming up with new ideas and plans to continue. The company is always improving its products, adding more than just padlocks. 

Now, they have locks approved by the TSA and door locks that can read fingerprints. They want to change how we think about keeping things safe, using cool technology to match people's needs and wants.

Also, BenjiLock is trying out its fingerprint tech in new ways, like locks for bikes and laptops. This means they're offering more products and reaching out to new customers.

About the author 

Peter Keszegh

Most people write this part in the third person but I won't. You're at the right place if you want to start or grow your online business. When I'm not busy scaling up my own or other people' businesses, you'll find me trying out new things and discovering new places. Connect with me on Facebook, just let me know how I can help.

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