Benjilock Shark Tank Net Worth (Updated 2025).

Benjilock, a revolutionary smart lock company, catapulted into the limelight when it pitched on Shark Tank in 2018. The founders, Rob and Jennifer, presented their innovative lock that could be controlled via a smartphone app, eliminating the need for traditional keys. The Sharks were impressed by the product’s simplicity and potential market demand, leading to a deal with Lori Greiner for a 25% stake in the company.

Following their successful appearance on Shark Tank, Benjilock’s fame skyrocketed. The company received a significant boost in sales and gained massive media attention, with features in prominent publications like Forbes and Entrepreneur. The Benjilock smart lock became a must-have gadget for tech enthusiasts and homeowners alike, transforming the company into a major player in the smart home industry.

Benjilock’s Current Net Worth in 2025

As of 2025, Benjilock’s current net worth is estimated to be around $15 million. This figure takes into account the company’s valuation after its appearance on Shark Tank, as well as its subsequent growth and success in the market.

Benjilock’s Career and Shark Tank Appearance

Benjilock, a smart lock company, was founded by Robert Robinson in 2014. The company gained significant attention when it appeared on ABC’s Shark Tank in 2017, where it received a $400,000 investment from Kevin O’Leary in exchange for a 20% stake. Since then, Benjilock has expanded its product line and distribution channels, solidifying its position in the smart home security market.

Other Ventures and Investments

In addition to Benjilock, Robert Robinson has also ventured into other businesses. He is the founder of KeyMe, a technology company that allows users to copy their physical keys at self-service kiosks. Robinson’s entrepreneurial spirit and innovative ideas have not only grown Benjilock but also contributed to the development of other tech startups.

Benjilock’s Assets and Product Line

Benjilock’s primary asset is its innovative smart lock technology, which allows users to lock and unlock their doors using a smartphone app, fingerprint, or keycard. The company’s product line includes the Benjilock Original, Benjilock Plus, and Benjilock Pro, catering to different customer needs and preferences. Benjilock also holds several patents for its unique lock design and technology.

Benjilock’s Annual Income

Benjilock’s annual income has seen steady growth since its Shark Tank appearance. In 2021, the company reported an annual revenue of $10 million, a significant increase from its 2017 revenue of $2 million. This growth can be attributed to increased sales, expansion into new markets, and the successful integration of new products into Benjilock’s portfolio.

Frequently Asked Questions about  Benjilock Shark Tank

1. What is Benjilock?

Benjilock is a smart lock company that uses Bluetooth technology to allow users to unlock their doors using a smartphone app or a key fob. The company was founded by Rob Robinson and appeared on the TV show Shark Tank in 2018.

2. How much did Benjilock ask for in the Shark Tank pitch?

Benjilock asked for $300,000 in exchange for a 15% equity stake in the company, which valued the business at $2 million.

3. Who invested in Benjilock on Shark Tank?

Lori Greiner made an offer of $300,000 for a 25% equity stake in Benjilock. However, after negotiation, Rob Robinson accepted a deal of $300,000 for a 20% stake from Lori Greiner and Daymond John.

4. What is the latest estimated net worth of Benjilock?

The latest estimated net worth of Benjilock is $10 million.

5. What are the key features of Benjilock’s smart lock?

Benjilock’s smart lock offers features such as keyless entry using a smartphone app or key fob, automatic locking and unlocking, and the ability to create temporary access codes for guests or delivery personnel. It also has a built-in alarm that goes off if someone tries to force the lock.

6. Is Benjilock compatible with smart home systems?

Yes, Benjilock is compatible with several smart home systems, including Amazon Alexa, Google Home, and Apple HomeKit.

7. Can Benjilock be installed on existing doors?

Yes, Benjilock is designed to be retrofitted onto existing doors. It replaces the existing lockset and can be installed using basic tools.

8. How does Benjilock ensure the security of user data?

Benjilock uses end-to-end encryption to protect user data and has a dedicated server that stores user data securely. The company also offers two-factor authentication for an extra layer of security.

9. What is the price of a Benjilock smart lock?

The price of a Benjilock smart lock varies depending on the model and where it is purchased. However, it typically ranges from $200 to $300.

10. Where can I buy a Benjilock smart lock?

Benjilock smart locks can be purchased on the company’s official website, as well as on Amazon and other major online retailers. They are also available in some brick-and-mortar retail stores.