Shark Tank Pitch

Garage Door Lock Shark Tank Update

Published:

2m

Encinitas, CA

Garage Door Lock Shark Tank Update


Pitch Overview
NameGarage Door Lock
Main PresentersBryan White
Presenter Image
Garage Door Lock Entrepreneurs: Bryan White
Product Image
Garage Door Lock Product Image
Last Known in Business1/1/2015
Main Location

Encinitas, CA

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Order Shown in Episode2
Final DealDeal was made on the show with sharks Daymond John for $275k for 35% of company contingent on a licensing deal.

Garage Door Lock Shark Tank Pitch

Bryan White says thieves can easily open garage doors, so he created the Garage Door Lock. The Garage Door Lock is an add-on to the existing garage door infrastructure that can be installed by customers in a few hours.

Bryan has put $250k into Garage Door Lock and has sold 450 units at $250 through his website, equating to $112k in sales. Bryan believes he needs help with marketing. He posted one YouTube video in 2010 that boosted his sales but has not done anything since. Most customers find Garage Door Lock after they have had a break-in. Bryan wants to get the Garage Door Lock in retail stores.

Bryan invented the mechanism that launched parasails off a boat. Barbara sees Bryan as an inventor rather than an entrepreneur who can push the business to the next level. Daymond makes an offer contingent on licensing the product, and Robert gives an aggressive offer for 70% equity. Bryan counters Daymond and seals a deal.


Offers

Made ByLabelSharks Part of DealSummary
CompanyOffered$275k for 30% of company
SharksOutBarbara CorcoranOut
SharksOutKevin O'LearyOut
SharksOutMark CubanOut
SharksOfferedDaymond John$275k for 40% of company contingent on making a licensing deal
SharksOfferedRobert Herjavec$275k for 70% of company
CompanyDealDaymond John$275k for 35% of company contingent on a licensing deal

Mark Cuban
Mark Cuban

Mark Cuban

Out

Daymond John
Daymond John

Daymond John

Made Deal

Kevin O'Leary
Kevin O'Leary

Kevin O'Leary

Out

Barbara Corcoran
Barbara Corcoran

Barbara Corcoran

Out

Robert Herjavec
Robert Herjavec

Robert Herjavec

Offered


Updates in Shark Tank Episodes

Update SeasonUpdate Episode
No Episode Updates

Garage Door Lock After Shark Tank

According to a 2014 article by adhguardianusa.com

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adhguardianusa.com

https://www.adhguardianusa.com/products/garagedoorlock%C2%AE

, Garage Door Lock, owned by the company, Elocksys, was too expensive to produce and unaffordable to the market. Bryan White worked with garage door company, Guardian, to redesign the Garage. Door Lock to be simpler and cheaper. The nature of the deal and Daymond's involvement is unclear.

Elocksys / Garage Door lock appears to never had any social media presence beyond the few YouTube

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YouTube

https://www.youtube.com/channel/UCo_k66dHri76dNmHhUaklOg

videos in 2010. Bryan White's LinkedIn

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LinkedIn

https://www.linkedin.com/in/bryan-white-2440884b

is outdated as of 2023. Garage Door Lock appears to have changed ownership at some point to Christine Barry according to her LinkedIn

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LinkedIn

https://www.linkedin.com/in/christine-barry-d-b-a-66b95835

. Many of the original website domains are down but elocksysgaragelock.com

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elocksysgaragelock.com

https://elocksysgaragelock.com

is active in 2023 and has created social media pages in 2022.


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