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BenjiLock, a revolutionary smart lock company founded by Robbie Cabral, has become a standout success in the tech and security market. Known for its fingerprint-hybrid technology, BenjiLock’s journey from a groundbreaking idea to a thriving business is as fascinating as its financial accomplishments. This article delves into BenjiLock’s net worth, exploring its income, assets, salary distribution, and real estate investments.
What is BenjiLock?
BenjiLock is a Los Angeles-based company specializing in hybrid locks that combine traditional key access with biometric fingerprint technology. Founded by Dominican-American entrepreneur Robbie Cabral, the company has grown exponentially since its debut at the Consumer Electronics Show (CES) in 2017.
The idea for BenjiLock stemmed from Cabral’s vision of creating a user-friendly security solution. After gaining widespread attention on Shark Tank, where Kevin O’Leary became an investor, BenjiLock partnered with Hampton Products International, accelerating its market reach.
BenjiLock Net Worth 2025
BenjiLock net worth in 2025 is $4 million, reflecting its growing revenue streams and strategic partnerships. The company’s valuation stems from its patented technology, robust sales, and significant retail presence.
Breakdown of Net Worth Components
- Revenue Streams:
BenjiLock generates revenue through product sales across major retailers like Walmart, Home Depot, Lowe’s, and QVC. The company also benefits from licensing agreements and collaborations with Hampton Products International. - Assets:
BenjiLock’s assets include proprietary technology, patents, intellectual property, and inventory stock. Its extensive distribution network further bolsters its valuation. - Brand Value:
Recognized for innovation and reliability, BenjiLock has a strong brand reputation. Awards from CES and positive endorsements from Shark Tank have amplified its visibility and credibility.
Income Sources for BenjiLock
1. Product Sales
The primary income source for BenjiLock is its sales of hybrid locks. Popular products include:
- Fingerprint padlocks for gyms and lockers
- TSA-approved travel locks
- Biometric door and bike locks
With increasing demand for biometric security solutions, BenjiLock continues to see strong sales growth.
2. Licensing Deals
BenjiLock’s partnership with Hampton Products International includes licensing agreements, which generate substantial recurring revenue. These deals allow BenjiLock to leverage Hampton’s manufacturing and distribution capabilities while earning royalties.
3. Retail Partnerships
Through collaborations with retail giants, BenjiLock earns significant income from shelf placement and exclusive contracts.
4. Custom Product Lines
BenjiLock has diversified its portfolio by introducing products for niche markets, such as guitar cases with biometric locks, in partnership with TKL Cases.
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Benjilock Salary and Earnings
As the founder and CEO of BenjiLock, Robbie Cabral reportedly earns a salary ranging from $200,000 to $300,000 annually. Beyond his salary, Cabral also benefits from dividends and profit-sharing agreements, given his significant stake in the company. His personal net worth, estimated at $2 million, is closely tied to BenjiLock’s success.
Real Estate Investments
BenjiLock has not officially expanded into real estate investments as part of its business strategy. However, Robbie Cabral, as an entrepreneur, has invested in personal properties in California. These include:
- A residential home in Los Angeles: Estimated value of $1.2 million, reflecting his entrepreneurial success.
- Commercial Office Spaces: Used for BenjiLock’s operational and manufacturing needs.
As the company continues to grow, real estate investments may become part of its asset diversification strategy.
BenjiLock’s Achievements and Awards
BenjiLock’s success isn’t just financial—it’s also marked by accolades that highlight its innovation and market influence.
- CES Innovation Awards (5-time winner): Recognized for outstanding design and engineering.
- Shark Tank Partnership: Secured a $100,000 investment from Kevin O’Leary, which bolstered its growth.
- Hampton Partnership: Enabled BenjiLock to scale globally.
These achievements have cemented BenjiLock’s position as a leader in the smart lock industry.
Future Growth and Global Expansion
BenjiLock’s focus on innovation continues to drive its growth. Plans for global expansion include:
- New Product Launches: Expanding into more areas of personal and home security.
- Market Diversification: Targeting smart home integration and IoT devices.
- Strategic Partnerships: Collaborating with tech leaders to incorporate advanced biometrics.
By addressing both consumer and commercial markets, BenjiLock aims to increase its revenue and net worth significantly in the coming years.
Conclusion: A Growing Legacy
BenjiLock’s journey from a simple idea to a multi-million-dollar company is a testament to the power of innovation and perseverance. With an estimated net worth of $4 million, the company’s financial success reflects its impact on the security industry.
Robbie Cabral’s entrepreneurial vision and dedication have transformed BenjiLock into a trusted name, inspiring countless others. As the company continues to innovate and expand, its legacy as a pioneer in biometric security will undoubtedly grow.
Whether you’re an aspiring entrepreneur or a tech enthusiast, BenjiLock’s story offers valuable lessons in resilience, innovation, and the pursuit of excellence.
FAQs
What is the net worth of Benjilock?
The net worth of Benjilock is an estimated $4 million.
