UniKey Technologies
Image: UniKey Technologies official website
✓ Got a deal Still in business Season 3, Ep. 15 💻 Technology & Software

UniKey Technologies on Shark Tank

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UniKey Technologies develops keyless entry technology that lets smartphones and key fobs unlock doors. It targets lock manufacturers and homeowners looking for more convenient, secure access than traditional keys for homes and offices.

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⏱ UniKey Technologies in 30 seconds

  1. The ask$500K for 33%Valued at $1.52M
  2. In the tankDeal: $500K for 40%With Kevin and Mark
  3. After the showNot confirmedNo public record either way
  4. TodayStill in business

UniKey Technologies Shark Tank deal

Asked for
$500,000 for 33%
Asking valuation
$1.52M
Result
Deal
Final deal
$500,000 for 40%
Deal valuation
$1.25M
Founders
Phil Dumas
From
Orlando, FL
Aired
May 18, 2012
Asked
$1.52M
Got
$1.25M

Would you have invested in UniKey Technologies?

The pitch

Phil Dumas from Orlando, FL pitched UniKey Technologies in Shark Tank Season 3, Episode 15 (aired May 18, 2012). They asked for $500,000 in exchange for 33% equity, valuing the business at $1.52M. The entrepreneurs walked away with a deal from Kevin O'Leary and Mark Cuban: $500,000 for 40%. That put the final valuation at $1.25M, 18% below what they originally asked for.

What happened to UniKey Technologies after Shark Tank?

Still in business Last checked October 3, 2026

As of our last check (October 2026), UniKey Technologies appears to still be in business. Its official website is online.

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Frequently asked questions

Did UniKey Technologies get a deal on Shark Tank?

Yes. UniKey Technologies got a deal with Kevin O'Leary and Mark Cuban for $500,000 and 40% equity.

Which Shark invested in UniKey Technologies?

Kevin O'Leary and Mark Cuban invested in UniKey Technologies on Season 3 of Shark Tank. Note that some on-air deals change or fall through during due diligence.

Is UniKey Technologies still in business?

As of our last check (October 2026), UniKey Technologies appears to still be in business. Its official website is online.

What season and episode was UniKey Technologies on Shark Tank?

UniKey Technologies appeared in Season 3, Episode 15, which first aired on May 18, 2012.

Where can I buy UniKey Technologies?

You can buy UniKey Technologies from its official website and often on Amazon.

What was UniKey Technologies's valuation on Shark Tank?

The founders valued UniKey Technologies at $1,515,152 when they entered the Tank, and the final deal valued it at $1,250,000.

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