HavenLock Net Worth 2023 Update (Before & After Shark Tank)

Picture of GAG Team
GAG Team

HavenLock, a smart lock business, was started by Alex Bertelli and Clay Banks in September 2014. As of August 2023, HavenLock net worth is $8 million. And they’re pulling in a whopping $4 million in annual revenue. 

In 2019, they appeared on season 10th of Shark Tank USA. They were seeking for $500,000 for 6% of equity valuing the company at $8.3 million. Unfortunately, all the sharks dropped Heaven lock, as they had lack of interest in their concept.

By the way, HavenLock still appears in the business world while gaining great profits. Despite not being selected, the appearance in Shark Tank helped them to get good publicity. If you are also willing to buy their smart lock, just visit their official website and may your purchase online. 

HavenLock Net Worth

Net worth$8 million
Annual Sales Revenue$4 million
Lifetime salesN/A
Shark Tank InvestorNone
FounderAlex Bertelli and Clay Banks 
EmployeesNot publicly available

HavenLock Net Worth Timeline

Net Worth 2023$8 million
Net Worth 2022$8 million
Net worth valuation 2019 after appearing on Shark Tank  $8.3 million
Net worth valuation 2019 before appearing on Shark Tank  $8.3 million

HavenLock Pitch on Shark Tank

Company nameHavenLock
ProductSmart Locks
EpisodeSeason 10 Episode 18 
FoundersAlex Bertelli and Clay Banks
Asked for$500,000 for 6% equity
Final dealNo deal
Shark None
LocationFranklin, United States

HavenLock Founders

HavenLock was founded by Alex Bertelli and Clay Banks in 2014. Alex Bertelli is the CEO of the company and he has over 20 years of experience in the technology industry. Clay Banks, the other co-founder is the CTO of Heaven lock and he is a mechanical engineer with over 15 years of experience in the security industry. HavenLock’s founders, Alex Bertelli and Clay Banks, have a net worth of $9 million USD as of 2023.

Key accomplishments:

2019Appeared on Shark Tank season 10 and got good publicity and a trusted customer network.
2019Launched Heaven Lock motion sensors.
2020Launched Heaven Lock security camera system.


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 HavenLock and its continued success.