BenjiLock, founded by Robbie Cabral, made a significant impact after its 2017 appearance on Shark Tank, where Kevin O’Leary invested $200,000 for 15% equity.
Since then, the company has grown rapidly, securing a licensing deal with Hampton Products International. This helped to distribute BenjiLock’s fingerprint-enabled padlocks in major retailers like Walmart and Home Depot.
By 2024, BenjiLock’s net worth reached $5 million, with annual revenue of around $4.5 million. The company continues to innovate, introducing new products such as fingerprint door locks and bike locks.
Benjilock Net Worth
| Estimated Net worth | $5 million (2024) |
| Annual Sales Revenue | $4.5 million (2024) |
| Lifetime Sales | $50 million |
| Shark Tank Investor | Kevin O’Leary |
| Founder | Robbie Cabral |
| Employees | 25 employees |
Benjilock Pitch on Shark Tank
| Company name | Benjilock |
| Product | Hybrid technology padlock that opens by key or fingerprint |
| Episode | Season 09 Episode 04 |
| Founder | Robbie Cabral |
| Asked for | $200,000 for 10% Equity |
| Final deal | $200,000 for 15% Equity |
| Shark | Kevin O’Leary |
| Location | Los Angeles, California, USA |
Don’t miss these products from Season 09
Benjilock Founder
Benjilock was founded by Robbie Cabral in 2013. Robbie Cabral has received the CES Innovation Award five times. It’s the first padlock to combine traditional design with fingerprint technology. Benjilock’s founder, Robbie Cabral, has a net worth of 5 million USD as of 2024.
Key accomplishments
| Year | Accomplishment |
| 2017 | The company appeared on Shark Tank Season 09 and got the deal from Kevin O’Leary. |
| 2021 | In 2021, Robbie Cabral unveiled the BenjiLock Fingerprint Bike Lock, which received the 2021 Twice Picks award for innovation at CES. |
Conclusion
From their beginnings on Shark Tank to their current status as a thriving business, they have proven that with the right idea and execution, anything is possible. We can’t wait to see the future for Benjilock and its continued success.
