DynoSafe Shark Tank Net Worth 2023
DynoSafe is a temperature control lock box home delivery service that appeared on Shark Tank Season 12 Episode 19. The founders, Rebecca and Eric Romanucci, asked for $150,000 for 15% equity in the business, which valued DynoSafe at $1 million.
Robert signed a deal with the company at a valuation of $600K. As of 2022, DynoSafe’s estimated net worth is $600,000, but according to another source, the founders have a net worth of $1.2 million as of 2022.
The deal with Robert was not completed. DynoSafe is still in business but is not very active on any of its social media platforms. The founders are trying to connect with various retailers and logistics partners to hold the business for a bit longer.
What Is DynoSafe? Who Is The founder of DynoSafe?
DynoSafe is a delivery lockbox that is climate-controlled and enabled with smart home technology, providing clients with the confidence that their deliveries are secure from theft, tampering, and harsh weather conditions.
To use DynoSafe, customers can place their order as usual and then specify the delivery name and temperature in the DynoSafe app. The app will then generate a delivery code that the customer can include in the special instructions of their order.
When the delivery driver arrives, they can use the code to unlock the safe, deposit the items securely, and then lock it again. DynoSafe’s creator and CEO are Rebecca Romanucci, who co-founded the company with her husband, Eric Romanucci.
Before starting DynoSafe, Romanucci worked as a Registered Nurse from 1988 to 2016 and also served on the University of North Texas Advisory Board from 2007 to 2014.
In addition, she founded and ran a medical practice with multiple locations. She remains the CEO of DynoSafe today, and has four patents and a range of future projects she hopes to work on.
DynoSafe, a company founded and led by Rebecca Romanucci, offers a secure and convenient way for people to receive deliveries at their homes. Rebecca, who used to work as a nurse, came up with the idea and designed the safes herself.
She holds multiple patents for DynoSafe, including one that integrates AI with robotic, electric delivery devices, vehicles, and drones.
The safes are specifically designed to deter thieves from stealing packages left on people’s porches. Additionally, if the delivery includes food, the temperature of the package can be programmed to maintain its freshness.
The entire process is controlled through a proprietary app, which allows customers to place their orders online and provide a unique delivery code in the special instructions section. The delivery person can then use the code to unlock the DynoSafe and place the package inside, ensuring that it remains secure.
Customers who order food can even use the app to control the temperature of the package and receive notifications when their delivery has been made and secured.
Although the product is not generating revenue as of the initial air date, interested customers can sign up for a waitlist on the DynoSafe website.
Rebecca initially created DynoSafe with the intention of helping veterans suffering from PTSD who may have difficulty navigating crowded supermarkets. However, the product is useful for anyone who prefers the convenience of home delivery and wants to protect their packages from theft.
What Happened To DynoSafe At Shark Tank Pitch?
In Shark Tank episode 1220, Eric and Rebecca Romanucci seek to close a deal for DynoSafe, their climate-controlled lockbox for home-delivered products. They want a Shark to assist in bringing it to life.
Eric and Rebecca entered the Shark Tank for a $150,000 investment in exchange for a 15% stake in their firm, which was worth $1 million.
They explain how it works and give their tale. They are currently developing a prototype and holding a patent on the technology that powers it.
There’s also an interactive app, which some of the Sharks are interested in.
Kevin believes he will be able to license the technology. He offers $150,000 in exchange for 40% ownership of the company.
Robert says he’ll give $150,000 for 25% equity shares in exchange for a seat on the board and the right to designate other board members. Mark will also be a member of the board. Eric and Rebecca reach a deal and leave the pitch with a deal.
What Happened To DynoSafe After Shark Tank?
As of the first re-run of this show, there is currently no proof that the deal was finalized and the two parties involved had come to an agreement on 7th September 2021. However, since it has been less than three months since the initial air date, it is possible that the negotiation is still ongoing.
It is worth noting that the product is still open for pre-order on the company’s website as of July 2021. Furthermore, as of January 2023, the company is still operating and has not disclosed its annual revenue.
Dynosafe Shark Tank Updates
Rebecca and Eric Romanucci appeared on Shark Tank Season 12 Episode 19 with their business idea, DynoSafe, a temperature-controlled lockbox for home-delivered goods. They asked for $150,000 for 15% equity in the business, with a valuation of $1 million.
During the pitch, the sharks brought down the valuation to $600,000. Robert Herjavec signed a deal with the couple, but the deal was not closed yet in August 2021.
After the show aired, DynoSafe received a lot of attention from potential customers, but they were not able to retain them due to their short survey to collect data. As of July 2022, the product is still available on a pre-order basis only on the company website.
To become a retail partner of DynoSafe, one has to visit its website, click “Join the waitlist,” complete the survey, and click on the submit button. Eric and Rebecca Romanucci said they are going to have relationships in place with “amazing partners” in 2022.
In summary, DynoSafe did get a deal on Shark Tank with Robert Herjavec, but the deal was not closed yet in August 2021.
The company is still available on a pre-order basis only on the company website, and the founders are planning to have relationships in place with “amazing partners” in 2022.
DynoSafe Shark Tank Table Summary:
|Founders||Rebecca Romanucci and Eric Romanucci|
|Product||Temperature control lock box home delivery service|
|Shark Tank Pitch||Asked for $150,000 for 15% equity in the business, with a valuation of $1 million. Robert signed a deal with the company at a valuation of $600,000.|
|Deal Outcome||The deal with Robert was not completed.|
|Net Worth||The estimated net worth of DynoSafe is $600,000 as of 2022, but the founders have a net worth of $1.2 million as of 2022.|
|Current Status||DynoSafe is still in business and trying to connect with various retailers and logistics partners to hold the business for a bit longer. The product is still open for pre-order on the company’s website as of July 2021. The company has not disclosed its annual revenue as of January 2023.|
Net Worth of DynoSafe
The company valuation was $1 million during the pitch, as of January 2022 the company has a net worth of $600,000.
What Is Dynosafe Shark Tank?
Dynosafe is a climate-controlled lockbox for home-delivered goods that was presented in Season 12, Episode 19 of Shark Tank by Eric and Rebecca Romanucci.
The lockbox is designed to be a weather-safe container that connects to an app that allows the owner to monitor the temperature of the contents and receive alerts when a secure delivery has been placed inside the safe.
The app also allows the owner to ensure that the interior is the right temperature for whatever was delivered, ensuring that groceries won’t spoil. The lockbox is unlocked with a one-time code by the delivery driver.
The Romanuccis entered the Shark Tank seeking $150,000 for 15% of their business. They were in the prototype stage of development and had a patent on the technology that operates it.
Robert Herjavec took a 25% stake in the company for $150,000 while getting a controlling interest on the board, which also includes Mark Cuban.
The deal happened even though Rebecca Romanucci forgot part of her pitch twice and was encouraged to continue by shark Lori Greiner. The Romanuccis said they have deals in place with major grocery retailers that will be announced soon.
Rebecca and Eric have publicly voiced working with “amazing partners” in 2022, but as of the end of the year, there have been no updates on the company’s website or social media pages.
However, DynoSafe founder Rebecca Romanucci said in April 2021 that her company was preparing for manufacturing and launching its go-to-market plan.
How Does Dynosafe Shark Tank Work?
DynoSafe is a patented refrigerated smart safe for home grocery delivery to the porch. It is designed to protect packages and deliveries from theft and the elements.
DynoSafe allows owners to write their access code into the delivery instructions, and the delivery person enters the code to open the DynoSafe and closes the lid, leaving the package safe from theft.
The temperature of the box can be set with the app if you’re ordering food for delivery. DynoSafe is temperature controlled by the owner via the app and is unlocked with a one-time code by the delivery driver.
DynoSafe was presented on Season 12, Episode 19 of “Shark Tank” by inventor Rebecca Romanucci and her husband, Eric. They entered the Shark Tank seeking $150,000 for 15% of their business.
Robert Herjavec took a 25% stake in the company for $150,000 while getting a controlling interest on the board, which also includes Mark Cuban.
DynoSafe’s patent assures it’s the only product of its kind with the combination of temperature control and a smart unlock system. DynoSafe has deals in place with major grocery retailers that will be announced soon.
After the Shark Tank episode, DynoSafe was preparing for manufacturing and launching its go-to-market plan.
DynoSafe is still in business, and to become a retail partner, you have to visit its website, click Join the Waitlist, complete the survey, and click on the submit button. DynoSafe’s net worth is estimated to be $480,000.
Is Dynosafe Shark Tank Still In Business?
Dynosafe is a climate-controlled lockbox for home-delivered goods that appeared on Shark Tank Season 12 Episode 19. The founders, Rebecca and Eric Romanucci, asked for $150,000 for 15% equity in the business, which valued Dynosafe at $1 million.
During the pitch, they came up with a valuation of $1 million, which was brought down by the sharks to $600k. Robert Herjavec made a deal with the founders, but the deal never closed.
As of July 2022, Dynosafe is still available on a pre-order basis only on the company website. The founders, Eric and Rebecca, are still offering the product on a pre-order basis only as of March 2023.
Eric and Rebecca have publicly voiced working with “amazing partners” in 2022, but as of the end of the year, the product was still only available for pre-order.
As of January 2022, the company is still in business, and the annual revenue is yet to be revealed by the company. Although the company is still in business, it is not much active on any of its social media.
What Is The Current Valuation Of Dynosafe After Shark Tank?
DynoSafe is a temperature control lock box home delivery service that appeared on Shark Tank Season 12 Episode 19. The founders, Rebecca and Eric Romanucci, asked for $150,000 for 15% equity, which valued the company at $1 million.
Robert Herjavec signed a deal with DynoSafe at a valuation of $600,000. As of 2022, the deal had not yet been closed, and the company was still in pre-order and had not fully launched.
DynoSafe’s net worth is estimated to be $480,000 as of now. However, Net Worth Off estimates that DynoSafe’s net worth in 2022 was $600,000.
On the other hand, BizzBucket reports that the valuation of the business was brought down to $600,000 by the sharks during the pitch. Geeks Around Globe reports that DynoSafe’s net worth before appearing on Shark Tank was $1 million, and its current net worth in 2022 is $1.5 million.
It is important to note that the information on DynoSafe’s net worth and valuation after Shark Tank is not consistent across all sources.
However, it is clear that the company received a deal from Robert Herjavec at a valuation of $600,000, and as of 2022, the company was still in pre-order and had not fully launched.
How much were they seeking on Shark Tank?
They were seeking for $150,000 for 15% equity of their company, worth $1 million.
Did they have the deal?
Yes, they reached a deal with Robert Herjavec for $150,000 in exchange for 25% ownership of the company, worth 600,000.
Where is DynoSafe located?
The company is based in Plano, Texas.
What is the DynoSafe website?
The official website is www.dynosafe.com and the company also has a Facebook, Instagram, Twitter, and YouTube channel.
Who is the CEO of DynoSafe?
Rebecca Romanucci is the founder and CEO of DynoSafe.
What is the product or service offered by DynoSafe?
It’s an AI-enabled, smart home-enabled delivery lockbox, providing clients with the assurance that all of their deliveries are safe from theft, tampering, and inclement weather.
How much is DynoSafe worth?
The company’s valuation was $1 million, as of January 2022 it has a net worth of $600,000.
How does DynoSafe work?
It works by the customer placing their purchase as usual and then naming the delivery and assigning a temperature in the DynoSafe app, which creates a delivery code to be included in the customer’s order’s special instructions.
The delivery driver may then unlock the safe, deposit their things inside safely, and then lock it again.
Who is DynoSafe for?
It’s very helpful for people who don’t want to risk food being stolen, who are housebound or handicapped, or for those who don’t like carrying heavy containers and bags.
Can I buy DynoSafe at Amazon?
Customers can purchase their own via the company website using only Bitcoin and Ethereum.
Is DynoSafe a scam?
No, they are 100% legitimate and are operated by a company based in Texas. They provide their products in over 80 countries worldwide and have provided services to some of the largest organizations, including the US Military.
How do I pay DynoSafe?
Customers can pay using Bitcoin, Ethereum, and a token referred to as DMS.
What does DMS do?
The DMS tokens are utilized for payments on the DynoSafe website.
How much does it cost to send a shipment with DynoSafe?
The fees vary depending on the weight of the package and the countries where they are shipping to the fees are based on their location. The company has provided services to over 80 countries worldwide.
What is the return policy of DynoSafe?
Customers may use the easy return form or call the customer support team for a return label.
How long will DynoSafe take to deliver my order?
The company may deliver orders in between one and four days, depending on the current order backlog.
What is the net worth of Rebecca Romanucci?
Rebecca Romanucci’s net worth is not available.