Banana Phone, a bluetooth handset, was started by Brian Brunsing, Max Brown, and Charlie Katrycz in 2017. As of December 2023, Banana Phone’s net worth is $2.5 million and they’re pulling in a whopping $1 million in annual revenue.
In September 2022 they appeared on Season 14 of Shark Tank USA seeking $250,000 for 10% equity valuing the company at $2.5 million. But the Sharks were not interested in investing in Banana Phone. Because they were concerned about the unclear future plans of the company.
As of 2023 December, the company is still in business. You can purchase products through e-commerce channels such as their website and Amazon.
Banana Phone Net Worth
Net worth | $2.5 million |
Annual Sales Revenue | $1 million (2022) |
Profits | $400K (As of 2022) |
Lifetime sales | $1.2 million (From 2017 to 2022) |
Investor | None |
Founders | Brian Brunsing, Max Brown, and Charlie Katrycz |
Employees | 1-25 employees |
Banana Phone Net Worth Timeline
Net Worth 2023 | $2.5 million |
Net worth valuation 2022 before appearing on Shark Tank | $2.5 million |
Banana Phone Pitch on Shark Tank
Company name | Banana Phone |
Product | Banana Phone Bluetooth Handset for Cell Phones |
Episode | Season 14 Episode 02 |
Founders | Brian Brunsing, Max Brown, and Charlie Katrycz |
Asked for | $250,000 for 10% equity |
Final deal | No deal |
Shark | None |
Location | USA |
Don’t miss these product from Season 14
Banana Phone Founders
Banana Phone was founded by Brian Brunsing, Max Brown, and Charlie Katrycz in 2017. Brian Brunsing and Max Brown come from Buffalo, New York. Growing up as childhood friends, they both went to the University of Colorado Boulder. Their third partner, Charlie Katrycz, from Toronto, serves as the CTO. He has experience founding companies like Loonskin Labs and Undu Wearables. Banana Phone’s founders, Brian Brunsing, Max Brown, and Charlie Katrycz , have a net worth of 2.5 million USD as of 2023.
Key accomplishments
Year | Accomplishment |
2022 | The company appeared on Shark Tank Season 14. |
2017 | The company ran a successful IndieGoGo campaign in May 2017, raising $44,850. |
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 Banana Phone and its continued success.