From Shark Tank to Multi-Million Dollar Success! BenjiLock started as a simple idea—a traditional padlock with fingerprint technology—but turned into a $5M brand thanks to smart execution! The Pitch: Founder Cabral asked for $200K for 10% equity. The Deal: Kevin O’Leary offered $200K for 15% and helped license the product to a major security company. The Result: BenjiLock expanded into bike locks, door locks, and TSA-approved travel locks, hitting $4.5M in annual sales! Lesson? A great idea is j
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What a better way to start my journey than with an accomplishment! Introducing BenjiLock, the World's First Traditional Rechargeable Padlock with Fingerprint Technology. Unveiled for the first time to the world in the 50th anniversary of the show, BenjiLock received the 2017 CES Innovation Awards Honoree in the Smart Home product category. CES is the world's gathering place for all who thrive on the business of consumer technology. More information coming soon! #BenjiNow #CES2017 #DIYNetwork Ben
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Mindset | Business | Success on Instagram: "Follow for more content. Robbie Cabral pitched BenjiLock on Shark Tank Season 9, Episode 4 in 2017. His fingerprint-enabled padlock, with key backup, addressed locker lockouts and earned CES Innovation Awards. He sought $200,000 for 10% equity after $87,000 in personal investment. Kevin O’Leary invested $200,000 for 15% equity, valuing it at $1.33 million. Post-show, a licensing deal with Hampton Products expanded to Walmart and Home Depot. BenjiLock h
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