What is Haven Lock and how does it work? Haven Lock is a military-grade door security device designed to prevent forced entry. It’s a wedge-shaped device placed at the base of a door that, when activated, rises and jams the door, making it virtually impossible to kick in. It can be activated with a key fob or through the Haven app, and even unlocked remotely for visitors.
Summary
- Haven Lock is a door security device designed to prevent forced entry.
- It was featured on Shark Tank Season 10, but did not secure a deal.
- Despite this, Haven Lock has partnered with Terminix and continues to grow.
- The company offers two models: Connect and Mech.
- Haven Lock is still in business and generating millions in annual revenue.
- It’s considered a success story despite not getting a Shark Tank deal.
Haven Lock Shark Tank Update | Shark Tank Season 10
What is Haven Lock?
Haven Lock is a simple yet effective door security device. It’s designed to prevent break-ins by reinforcing your door from the inside.
Think of it as a super strong wedge that sits at the base of your door. When activated, it rises up and jams against the door frame, making it nearly impossible to kick in.
This makes it much more effective than a traditional deadbolt, which can often be forced open with a few well-placed kicks.
The Story Behind Haven Lock
Haven Lock was co-founded by Alex Bertelli, a military veteran, and Clay Banks, a business and economic development professional.
The idea for Haven Lock came to Alex while he was serving in Afghanistan. He noticed that people there used steel bars to reinforce their doors at the top, middle, and bottom.
This provided much greater security than a single deadbolt. Back in the US, Alex teamed up with Clay to develop Haven Lock, a more refined and user-friendly version of this concept.
Haven Lock on Shark Tank
1. The Pitch
| Entrepreneurs | Alex Bertelli and Clay Banks |
|---|---|
| Business | Haven Lock (Smart door lock) |
| Ask | $500,000 for 6% equity |
| Deal | No deal |
| Sharks | Mark Cuban, Barbara Corcoran, Kevin O’Leary, Lori Greiner, Daymond John |
| Season – Episode | Season 10 – Episode 18 |
| Original Air Date | March 10, 2019 |
| Website | Haven Lock |
| Key Points of Pitch |
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| Why Sharks Declined |
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2. The Sharks’ Response
The Sharks were initially impressed with the Haven Lock concept and the founders’ passion. However, they had several concerns.
They questioned the relatively low profit margins, especially given the high manufacturing costs.
Some Sharks also felt that the market for such a product might be limited, as many people rely on traditional security systems.
3. Why No Deal?
Ultimately, none of the Sharks made an offer. This was likely due to a combination of factors. The low profit margins, high production costs, and perceived limitations of the market all played a role.
Additionally, the Sharks may have felt that the company was not quite ready for the level of investment they were seeking.
Haven Lock After Shark Tank
1. Partnership with Terminix
Even though Haven Lock didn’t secure a deal on Shark Tank, the exposure proved incredibly valuable.
Shortly before their episode aired, Haven Lock announced a major partnership with Terminix, a well-known pest control company.
This deal meant that Terminix would offer Haven Lock products to their customers, initially in eleven cities with plans for nationwide expansion.
This provided a huge boost to Haven Lock’s distribution and market reach.
2. “Greatest Pitch Fails” Feature
Haven Lock’s Shark Tank appearance was memorable, but perhaps not for the reasons they initially hoped.
In 2020, they were featured on the Shark Tank “Greatest of All Time” special in the “Greatest Pitch Fails” category.
This was largely due to the humorous incident where Alex repeatedly tried to kick down a door reinforced by the show’s producers, highlighting the product’s strength in an unexpected way.
While this might seem embarrassing, it actually brought even more attention to Haven Lock.
3. Revenue and Current Status
Despite not getting a Shark Tank deal, Haven Lock has continued to thrive. As of 2021, the company reported annual revenue of $4 million.
They continue to sell their products online and through retail partners. They have even expanded their product line to include different models with varying features.
Haven Lock is a testament to the fact that success can be achieved even without securing an investment on Shark Tank. Their story shows the power of perseverance, a strong product, and strategic partnerships.
Haven Lock Products and Features
Haven Lock offers a range of products to suit different needs and budgets. Here’s a look at their main offerings:
1. Connect Model
The Connect model is Haven Lock’s premium offering. It combines the robust physical lock with smart technology. Here’s what makes it special:
- App Control: Control your lock remotely through the Haven app. This allows you to lock and unlock your door from anywhere, which is perfect for letting in guests or service providers when you’re not home.
- Key Fob: Activate and deactivate the lock with a convenient key fob. This provides a quick and easy way to secure your door without needing your phone.
- Increased Security: The Connect model offers all the security benefits of the basic Haven Lock, with the added convenience and control of smart technology.
2. Mech Model
The Mech model is a more affordable option that focuses on the core functionality of Haven Lock.
- Manual Operation: This model is activated and deactivated manually with a foot pedal. It’s simple to use and doesn’t require any electronics or batteries.
- Durable and Reliable: The Mech model is made from the same tough materials as the Connect model, ensuring reliable protection against forced entry.
- Cost-Effective: This model is a great option for those who want the security of Haven Lock at a lower price point.
3. Technology and Benefits
Both Haven Lock models share these key features and benefits:
- Military-Grade Strength: Haven Lock is made from hardened steel, nylon, and polycarbonate, making it incredibly strong and resistant to forced entry. It’s designed to withstand significantly more force than a standard deadbolt.
- Easy Installation: Haven Lock is surprisingly easy to install. It typically takes less than 15 minutes and requires minimal tools.
- Peace of Mind: Knowing that your door is secured with Haven Lock provides an added layer of security and peace of mind, whether you’re at home or away.
- Versatile Applications: Haven Lock is suitable for various settings, including homes, apartments, offices, and even schools.
FAQs
Will Haven Lock work on any door?
Haven Lock is designed to work on most inward-swinging doors. There needs to be a small gap between the bottom of the door and the floor for the wedge to fit. You can test this by seeing if a nickel can fit vertically under your door.
How long does the battery last on the Connect model?
The battery in the Connect model is rechargeable and typically lasts for several months on a single charge. The Haven app will notify you when the battery is low.
What happens if the battery dies on the Connect model?
The Connect model has a backup battery compartment so you can still operate the lock even if the main battery is depleted.
Is Haven Lock difficult to install?
Not at all! Haven Lock is designed for easy installation. Most people can install it themselves in about 15 minutes with minimal tools.
Where can I buy Haven Lock?
You can purchase Haven Lock products directly from their website (havenlock.com) or through authorized retailers like Lowe’s and Home Depot.
The Bottom Line
Haven Lock offers a unique and effective solution for enhancing home security. While they didn’t secure a deal on Shark Tank, their appearance on the show, coupled with a strategic partnership with Terminix, propelled their growth.
With a focus on innovation and customer satisfaction, Haven Lock continues to provide reliable and user-friendly door security solutions for homeowners and businesses alike.
Whether you opt for the smart features of the Connect model or the simplicity of the Mech model, Haven Lock offers peace of mind knowing your door is secured against forced entry.
