Extreme Vehicle Protection, Plastic cover to cars, was started by Kenny Lerner and Matthew Harris in 2017. As of November 2023, Extreme Vehicle Protection net worth is $4 million. And they’re pulling in a whopping $1 million in annual revenue.
In April 2021, they appeared on season 12 of Shark Tank USA. And made a deal with Daymond John, for $50,000 for 33% of equity. The final valuation was $151,151, down from the founder’s initial estimate of $250,000.
Extreme Vehicle Protection (EVP) is still in business. They sell a variety of products to protect vehicles from damage, including car covers, flood protection bags, and storage bags. You can also purchase their products from their official website.
Extreme Vehicle Protection Net Worth
Net worth | $4 million (2023) |
Annual Sales Revenue | $1 million (2023) |
Profits | Not Publicly Available |
Lifetime sales | Not Publicly Available |
Investor | Kenny Lerner and Matthew Harris |
Founder | Daymond John |
Employees | Not Publicly Available |
Extreme Vehicle Protection Net Worth Timeline
Net Worth 2023 | $4 million |
Net Worth 2022 | $4 million |
Net worth valuation 2021 after appearing on Shark Tank | $151,151 |
Net worth valuation 2021 before appearing on Shark Tank | $250,000 |
Extreme Vehicle Protection Pitch on Shark Tank
Company name | Extreme Vehicle Protection |
Product | Plastic cover to cars |
Episode | Season 12 Episode 1 |
Founders | Kenny Lerner and Matthew Harris |
Asked for | $50,000 for 20% Equity |
Final deal | $50,000 for 33% Equity |
Shark | Daymond John |
Location | USA |
Don’t miss these product from Season 12
Extreme Vehicle Protection Founders
Kenny Lerner and Matthew Harris found Extreme Vehicle Protection in 2017. Kenny is a serial entrepreneur with a background in product development and marketing. And is a software engineer with a passion for cars and technology. The networth of Extreme Vehicle Protection’s founders, Kenny Lerner and Matthew Harris, is not yet revealed as of 2023.
Key accomplishments
Year | Accomplishment |
2021 | Appeared on Shark Tank season 12 and Daymond John invested $50,000 for 33% Equity |
2022 | Awarded “Best Car Cover” by Consumer Reports |
2023 | Continued to grow and expand |
Conclusion
From their beginnings on Shark Tank to their current status as a thriving business, they have proven that with the right idea and execution, anything is possible. We can’t wait to see the future for Extreme Vehicle Protection and its continued success.