Whatever Happened To Toor After Shark Tank?
In Season 8 of "Shark Tank," an entrepreneur came into the Tank to hopefully change how real estate was shown and seen by buyers, sellers, and realtors. Junior Desinor presented his invention, Toor, a smart lockbox with a companion app that allowed sellers to set up showings without anyone being present. Without the need for a realtor present, potential buyers could use the companion app to gain access to the house and take a tour at their own pace. On the seller's end, they'd always know who had been in their house — and for how long — thanks to the information provided by app users.
Toor and its companion app had many beneficial features for every member of the buying and selling process, but it also had other applications. While it was designed with the selling of real estate in mind, it could feasibly be used for any number of entry needs, from guests staying in vacation homes to contractors needing access to a job site.
Desinor came into the Tank seeking $500,000 for 10% of his company. At this point, all of Desinor's sales had come from Kickstarter, where he managed to presell 800 units, which equated to a little over $100,000 in sales. Eventually, Barbara Corcoran and Kevin O'Leary went in on a deal together to do $200,000 for 10% and a $300,000 line of credit.
Toor is no longer available for purchase
Although the Toor website was up and running for a while, all buying options were marked as unavailable. Now, even that is no longer the case: The Toor website is dead and so, it seems, is the company.
According to the Shark Tank Blog recap of this product, the deal with Barbara Corcoran and Kevin O'Leary never closed. In 2018, inventor Junior Desinor shipped the boxes purchased from Kickstarter and partnered with Touch of Modern, but nothing came from it. Although Desinor's deal with Corcoran and O'Leary fell through, Shark Tank Recap says that Desinor stayed in contact with Corcoran. This makes sense since he created Toor initially as a real estate tool and Corcoran reigns supreme in that industry.
Even still, Toor didn't really go anywhere after the Kickstarter. In fact, it wasn't widely available for purchase after the Kickstarter orders were sent out. With so many lockboxes on the market already outfitted with smart technology, it may not be surprising that Toor didn't take off. While the product was clever, it wasn't unique. Desinor, meanwhile, opened a brick-and-mortar CBD store in Dallas, Texas, launched companies called City Naturals and Balloon Therapy, and does real estate consulting.