"UniKey" Net Worth 2023 Update

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
InvestorsKevin O’Leary and Mark Cuban
FounderPhil 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 nameUniKey
ProductMobile platform to replace keys, codes
EpisodeSeason 03 Episode 15
FounderPhil Dumas
Asked for$500,000 for 33%
Final deal$500,000 for 40%
SharksKevin O’Leary and Mark Cuban
LocationUSA

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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

YearAccomplishment
2023UniKey is now a well-known company to uses power smart locks
2012UniKey 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.

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