Garage Door Lock, Where to Buy + Shark Tank On-Air Deal (Season 5)

From the show

The Shark Tank pitch

$275K
Asked for: 30%
Offered equity: $917K
Sought valuation: $275K
On-air deal amount: 35%
Deal equity: $786K
Implied equity valuation

The pitch introduced Garage Door Lock in Season 5, Episode 21. The episode aired March 21, 2014. The business was listed in Encinitas, CA.

The ask was $275,000 for 30% of the company, an implied valuation of $917K.

Garage Door Lock reached a recorded on-air agreement with Daymond John for $275,000 and 35% equity. The record lists a $786K implied deal valuation, compared with the $917K requested valuation. These are the reported on-air terms, not confirmation that funding was completed.

The index records 60 accepted on-air deals among 116 Season 5 pitches. Across 263 home & lifestyle pitches with known outcomes in the index, 68% are recorded as accepted deals.

Daymond John$275K

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Frequently asked questions

Where can I buy Garage Door Lock?

Check current availability on the company's official website. We have not verified an active Amazon listing for Garage Door Lock.

Did Garage Door Lock get a deal on Shark Tank?

Garage Door Lock reached a recorded on-air agreement with Daymond John for $275,000 and 35% equity. The record lists a $786K implied deal valuation, compared with the $917K requested valuation. These are the reported on-air terms, not confirmation that funding was completed.

Which shark made an on-air offer to Garage Door Lock?

Daymond John appears in the recorded on-air terms for Garage Door Lock. The deal answer above gives the recorded structure.

What season of Shark Tank was Garage Door Lock on?

Garage Door Lock appeared in Season 5, Episode 21, which aired March 21, 2014.

How much was Garage Door Lock asking for on Shark Tank?

The founders asked for $275,000 for 30% of the company, a $917K valuation.

Shark Tank Index may earn a commission on purchases made through links on this page. Deal figures reflect what aired; terms sometimes change after the show.