UniKey, a Mobile platform to replace keys and codes, was started by Phil Dumas in 2010. As of October 2023, UniKey net worth is $5.5 Million and they’re pulling in a whopping $5.4 million in annual revenue.
On May 18, 2012, they appeared on Season 3 of Shark Tank USA and made a deal with Kevin O’Leary and Mark Cuban, for $500,000 for 40% of equity. The final valuation was $1.25 Million, up from the founder’s initial estimate of $1.51 Million.
UniKey is still in business. Their products are available on the website.
UniKey Net Worth
| Net worth | $5.5 Million (2023) |
| Annual Sales Revenue | $5.4 million (2022) |
| Profits | – |
| Lifetime sales | – |
| Investors | Kevin O’Leary and Mark Cuban |
| Founder | Phil Dumas |
| Employees | – |
UniKey Net Worth Timeline
| Net Worth 2023 | $5.5 Million |
| Net Worth 2022 | $5 Million |
| Net Worth 2021 | $4.5 Million |
| Net Worth 2020 | $4 Million |
| Net worth valuation in 2012 after appearing on Shark Tank | $1.25 Million |
| Net worth valuation in 2012 before appearing on Shark Tank | $1.51 Million |
UniKey Pitch on Shark Tank
| Company name | UniKey |
| Product | Mobile platform to replace keys, codes |
| Episode | Season 03 Episode 15 |
| Founder | Phil Dumas |
| Asked for | $500,000 for 33% |
| Final deal | $500,000 for 40% |
| Sharks | Kevin O’Leary and Mark Cuban |
| Location | USA |
Don’t miss these products from Season 3
UniKey Founder
UniKey was founded by Phil Dumas in 2010. He is a very smart investor and digital inventor. He worked hard to grow his company because he was passionate. UniKey’s founder, Phil Dumas net worth is unknown as of 2023.
Key accomplishments
| Year | Accomplishment |
| 2023 | UniKey is now a well-known company to uses power smart locks |
| 2012 | UniKey appeared on Shark Tank |
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 UniKey and its continued success.
