UniKey Net Worth 2023 Update (Before & After Shark Tank)
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 |
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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.