In 2014, BeatBox Beverages secured a $1 million investment from Mark Cuban on “Shark Tank,” propelling its growth. By 2024, the company achieved a valuation of $200 million, with annual revenues surpassing $100 million.
This success is attributed to strategic partnerships with over 300 beer distributors, expanding its presence to more than 65,000 retail locations nationwide. Additionally, BeatBox has raised $15 million through crowdfunding and private investors, including Rob Dyrdek and Louis The Child.
The company has a net worth of $11.5 million and continues to innovate with new product lines and flavors, solidifying its position in the ready-to-drink beverage market.
Beatbox Beverages Net Worth
Net worth | $11.5 million (2025) |
Annual Sales Revenue | $2.3 million (2025) |
Lifetime sales | Not Publicly Available |
Investor | Mark Cuban |
Founder | Justin Fenchel, Brad Schultz and Aimy Steadman |
Employees | Not Publicly Available |
Beatbox Beverages Pitch on Shark Tank
Company name | Beatbox Beverages |
Product | Wine-based punch in a box |
Episode | Season 6 Episode 06 |
Founders | Justin Fenchel, Brad Schultz and Aimy Steadman |
Asked for | $200,000 for 10% Equity |
Final deal | $1,000,000 for 33% Equity |
Shark | Mark Cuban |
Location | Somerville, Massachusetts |
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Beatbox Beverages Founders
Beatbox Beverages was founded by Justin Fenchel, Brad Schultz and Aimy Steadman in 2013. Daniel and Michael Fisher are both passionate about food and beverage innovation. They have a deep understanding of the RTD beverage industry and a strong vision for the future of BeatBox Beverages. Beatbox Beverages’s founders, Justin Fenchel, Brad Schultz and Aimy Steadman, have a net worth of $7.5 million as of 2025.
Key accomplishments
Year | Accomplishment |
2014 | Appeared on Shark Tank season 6 and Mark Cuban invested $1,000,000 for 33% Equity. |
2018 | Launched first product, a line of flavored sparkling waters. |
2021 | Expanded distribution to Canada and Mexico. |
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 Beatbox Beverages and its continued success.