Uni Key Technologies
UniKey Technologies - Electronics
Pitch Details
Season / Episode
S3E15
May 18, 2012
Ask
$500,000
for 33%
Ask Valuation
$1.5M
Deal
$500,000
for 40%
Deal Terms
Amount$500,000
Equity40%
Valuation$1.3M
Mark Cuban
Kevin O'LearyWhat Happened Next
Deal Fell Through
Deal with Cuban and O'Leary did not close; company secured alternate VC funding
Acquired
UniKey developed smart lock technology; their Kevo smart lock was developed with Kwikset. The technology was key to several smart lock products.
$5.5M
reported
- Deal with Kevin O'Leary and Mark Cuban
- Developed Kevo smart lock with Kwikset
- Pioneered smartphone-based lock technology
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