BEERMKR Net Worth 2023 Update (Before & After Shark Tank)
BEERMKR, an automated beer brewing machine, was started by Aaron Walls and Brett Vegas in 2017. As of September 2023, BEERMKR’s net worth is $2 million, and they’re pulling in a whopping $3 million in annual revenue.
In May 2021, they appeared on Season 12 of Shark Tank USA, seeking $500,000 for 2% Equity, valuing the company at $25 million. The Sharks weren’t interested in the company’s valuation. As a result, the deal was halted by Barbara Corcoran, Lori Greiner, Mark Cuban, and Alex Rodriguez.
As of September 2023, the company has produced a new BEERMKR machine, and it’s available now. However, you can purchase previous BEERMKR machines on the company’s website and out-of-stock on Amazon.
BEERMKR Net Worth
Net worth | $2 million |
Annual Sales Revenue | $3 million |
Profits | – |
Lifetime Sales | – |
Shark Tank Investor | None |
Founder | Aaron Walls and Brett Vegas |
Employees | 1-25 employees |
BEERMKR Net Worth Timeline
Net Worth 2023 | $2 million |
Net Worth 2022 | $2 million |
Net worth valuation 2021 before appearing on Shark Tank | $25 million |
BEERMKR Pitch on Shark Tank
Company name | BEERMKR |
Product | Automated Countertop Craft Beer Brewing Machine |
Episode | Season 12 Episode 23 |
Founders | Aaron Walls and Brett Vegas |
Asked for | $500,000 for 2% Equity |
Final deal | No Deal |
Shark / Sharks | N/A |
Location | Boulder, Colorado, United States |
BEERMKR Founders
BEERMKR was founded by Aaron Walls and Brett Vegas in 2017. Aaron pursued his MBA at Cornell Johnson Graduate School of Management and spent six years at PKF Hospitality Research alongside his studies. Talking about Vegas, Brett Vegas worked in various roles at different companies after earning his MBA in marketing from Johnson and Cornell University. BEERMKR’s founders, Aaron Walls and Brett Vegas have a net worth of 1.5 million USD as of 2023.
Key accomplishments
Year | Accomplishment |
2015 | BEERMKR declared that it had secured the gold award at the National Homebrew Competition |
2018 | The BEERMKR team ran a Kickstarter campaign in September 2018 that was successful. This campaign followed their debut at the Great American Beer Festival in Denver and helped them raise the needed funds |
2020 | During the autumn of 2020, they sent out their initial BEERMKR and generated $1 million sales |
2021 | The company was first called BrewJacket when it started in 2013. Then, in 2021, they changed their name to BEERMKR The company announced that it had brewed 100,000 beers, a significant milestone they shared via a post |
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 BEERMKR and its continued success.
Also if you want to read further details about BEERMKR, Read here: What happened After Shark Tank & The Latest Update & Their Story So Far