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 |
Profits | N/A |
Lifetime sales | N/A |
Shark Tank Investor | None |
Founder | Alex Bertelli and Clay Banks |
Employees | Not 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 name | HavenLock |
Product | Smart Locks |
Episode | Season 10 Episode 18 |
Founders | Alex Bertelli and Clay Banks |
Asked for | $500,000 for 6% equity |
Final deal | No deal |
Shark | None |
Location | Franklin, 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:
Year | Accomplishment |
2019 | Appeared on Shark Tank season 10 and got good publicity and a trusted customer network. |
2019 | Launched Heaven Lock motion sensors. |
2020 | Launched Heaven Lock security camera system. |
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 HavenLock and its continued success.