PolarPro, a high-quality camera accessory product, was started by Jeff Overall in 2011. As of November 2023, PolarPro’s net worth is $15 million and they were $2 million annual revenue in 2022.
In November 2015, they appeared on Season 07 of Shark Tank USA and made a deal with Robert Herjavec and Mark Cuban, $1,000,000 for 20% equity . The final valuation was $5 million, same from the founder’s initial estimate of $5 million.
As of 2023 November, the company is still in business. You can purchase products through e-commerce channels such as their website and Amazon.
PolarPro Net Worth
Net worth | $15 million |
Annual Sales Revenue | $2 million (2022) |
Profits | – |
Lifetime sales | $5.6 million (When year 2015) |
Investors | Robert Herjavec and Mark Cuban |
Founder | Jeff Overall |
Employees | 1-25 employees |
PolarPro Net Worth Timeline
Net Worth 2023 | $15 million |
Net Worth 2022 | $15 million |
Net Worth 2021 | $14.5 million |
Net Worth 2020 | $14 million |
Net worth valuation 2015 after appearing on Shark Tank | $5 million |
Net worth valuation 2015 before appearing on Shark Tank | $5 million |
PolarPro Pitch on Shark Tank
Company name | PolarPro |
Product | GoPro and camera accessories |
Episode | Season 07 Episode 08 |
Founder | Jeff Overall |
Asked for | $500,000 for 10% equity |
Final deal | $1,000,000 for 20% equity |
Sharks | Robert Herjavec and Mark Cuban |
Location | Costa Mesa, California |
Don’t miss these product from Season 07
PolarPro Founder
PolarPro was founded by Jeff Overall in 2011. Jeff Overall, located in Newport Beach, CA, USA, is currently the Founder and CEO of Polar Pro Filters. He studied Economics & Accounting at UCSB from 2007 to 2011. With a strong skill set covering areas like starting new ventures, finance, accounting, small business, entrepreneurship, and more. PolarPro’s founder, Jeff Overall, has a net worth of 12 million USD as of 2023.
Key accomplishments
Year | Accomplishment |
2011 | The company introduced a new product |
2015 | The company appeared on Shark Tank Season 07 and got the deal from Robert Herjavec and Mark Cuban |
2023 | At present, Polar Pro offers 31 products, handling the design and manufacturing of everything themselves |
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 PolarPro and its continued success.