DynoSafe Shark Tank Update (Season 12)

Dynosafe is a contactless, secure, and temperature-controlled product delivery service that began in 2017 in Arizona, providing customers with the ability to receive secure deliveries directly to their homes.

The innovative process starts when users place an order for items such as food or medicine, generating a unique lock code for each delivery. Once the item is securely placed in the Dynosafe lockbox, it is locked and set to the appropriate temperature.

On the delivery day, users receive a notification that their order is on the way. The delivery person arrives with the order in the lockbox, and users must enter the generated code to unlock the box and retrieve their items.

Without the correct code, the lockbox remains locked, ensuring that deliveries are secure until the user is ready to accept them. Dynosafe accommodates various types of deliveries, including food, medicine, clothing, electronics, and other essential goods.

Retail partners interested in joining the Dynosafe network can do so by visiting the company’s website, completing a survey, and submitting their information to join the waitlist.

Company NameDynoSafe
FounderRebecca Romanucci and Eric Romanucci
ProductTemperature Control, Safe & Secure is a door-to-door product delivery service.
Asked For$150,000 for 15% equity
Final Deal$150,000 for 25% equity + majority of board seats with one seat going to Mark Cuban
SharkRobert Herjavec
Episode (Shark Tank USA)Season 12 Episode 19
Air DateApril 2, 2021
Business StatusIn Business
Net Worth$480K *estimated
WebsiteVisit Website
HeadquartersScottsdale, Arizona, US
Go To AmazonBuy Now

Another Shark Tank Pitch

Who Is The Founder Of DynoSafe?

Rebecca Romanucci is the Founder and CEO of Dynosafe, a contactless delivery service. With a background as a registered nurse for 29 years, Rebecca has transitioned into her role as an entrepreneur, holding several patents related to Dynosafe, including innovations in “AI interaction with robotic/electric delivery devices, vehicles, and drones.” She has received numerous leadership awards and is recognized as a public speaker, educator, and consultant. Rebecca completed her nursing studies at the Florida College of Nursing.

Her husband, Eric Romanucci, is a board-certified colorectal surgeon and a Colonel in the US Army Reserve. With a distinguished military career spanning 27 years, Eric has been awarded the Bronze Star Medal for his wartime service and has commanded the Forward Surgical Team in Afghanistan.

Scott Degraeve serves as a strategist and e-grocery industry expert for Dynosafe. With 20 years of experience in the online grocery industry, he brings valuable insights and expertise to the company’s operations.

DynoSafe Shark Tank Update
Photo Credit: instagram.com/dynosafe

How Was The Shark Tank Pitch Of DynoSafe?

On April 2, 2022, DynoSafe appeared on Shark Tank Season 12, Episode 19, where founders Rebecca and Eric Romanucci pitched their contactless delivery service. They requested $150,000 for 15% equity, valuing DynoSafe at $1 million.

During the pitch, Rebecca outlined the business concept with Eric’s support, emphasizing that the product was still in the prototype stage and was patented by Rebecca.

Daymond and Mark opted out of the deal early on. When Lori asked Rebecca about her financial investment in the company, she revealed that she had invested $500,000. Lori expressed confusion about the business idea, leading her to decline an investment.

However, Robert showed interest in the company’s patent and initially offered $150,000 for 51% equity. Kevin also entered the conversation with a competing offer of $150,000 for 40% equity.

Robert then made a counteroffer, proposing $150,000 for 25% equity along with majority control of the board, including one seat for Mark Cuban.

In the end, Rebecca accepted Robert’s second offer.

DynoSafe Shark Tank Update

Robert is now the 25% stakeholder in DynoSafe, holding the highest number of board seats and granting him significant control over the company’s direction. With a background in cybersecurity, Robert has the potential to shift DynoSafe’s business model and enhance its technological capabilities.

Currently, DynoSafe has partnered with numerous retail stores, including CES and Groceryshop, and operates through a subscription program. Rebecca and her company have gained considerable media attention, being featured in publications such as 12 News, NewEgg, Patch, KTLA5, and Forbes.

Rebecca and Eric are actively engaged in discussions with various e-commerce companies and retail stores to secure a logistics partner, aiming to expand DynoSafe’s reach and operational efficiency.

What Is The DynoSafe Net Worth?

DynoSafe’s net worth is estimated at $1.5 million.

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