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BevBoy Net Worth 2023 Update (Before & After Shark Tank)

- Shark Tank US (Net worth Update)BevBoy

BevBoy, Floating drink cozy, was started by Kevin Waltermire in 2014. BevBoy net worth was $142,857.14 in 2015 based on the Shark Tank deal.

In 2015 they appeared on season 6  of Shark Tank USA and made a deal with Daymond John, for $50,000 for 35% of equity.

BevBoy is no longer in business. The company ceased operations in 2018. There are a few reasons why BevBoy may have gone out of business. One possibility is that the company was unable to compete with larger, more established mobile bar companies. Another possibility is that the company was unable to raise enough funding to continue operating.

BevBoy Net Worth

Net worth$142,857.14 (2015)
Annual Sales Revenue
Profits
Lifetime sales
InvestorDaymond John
FounderKevin Waltermire
Employees

BevBoy Net Worth Timeline

Net Worth 2023
Net Worth 2022
Net worth valuation 2015 after appearing on Shark Tank  $142,857.14
Net worth valuation 2015 before appearing on Shark Tank  $333,333

BevBoy Pitch on Shark Tank

Company nameBevBoy
ProductFloating drink cozy
EpisodeSeason 6 Episode 18
Founder Kevin Waltermire
Asked for$50,000 for 15% Equity
Final deal$50,000 for 35% Equity 
Shark Daymond John
LocationCharleston, South Carolina

Don’t miss these product from Season 06

BevBoy Founder

BevBoy was founded by Kevin Waltermire in 2014. He is a serial entrepreneur and has founded several other companies, including MusicBoxx and ONE Cannabis Group. The networth of BevBoy’s founder, Kevin Waltermire,is unknown as of 2023.

Key accomplishments

YearAccomplishment
2015Appeared on Shark Tank season 6 and Daymond John invested $50,000 for 35% Equity 
2016Expanded to other cities around the United States.
2017Featured in Forbes, Inc., and The Wall Street Journal.

Conclusion

Some companies that appear on the show have not achieved great success, and BevBoy was one of them. Sometimes businesses don’t succeed because of many reasons. Sometimes, the deal falls through after the founders say yes on camera. Or, as you’ll see, sometimes things happen to the founders themselves, and they choose to abandon the business. Anything is possible. However,  BevBoy went out of business in 2018. And the product is no longer available in the market.

What do you think?

Written by GAG Team

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