ChessUp, a Chess Game with AI Technology, was started by Jeff Wigh and Adam Roush in 2019. As of September 2023, ChessUp’s net worth is $5 Million and they’re pulling in a whopping $1 million in annual revenue.
On December 9, 2022, they appeared on Season 14 of Shark Tank USA and made a deal with Lori Greiner, for $300,000 for 5% of equity. The final valuation was $6 Million, the same as the founder’s initial estimate.
ChessUp company is still in business. Their products are available on the website.
ChessUp Net Worth
| Net worth | $5 Million (2023) |
| Annual Sales Revenue | $1 million (2022) |
| Profits | – |
| Lifetime sales | $31 Million (2022) |
| Investor | Lori Greiner |
| Founders | Jeff Wigh and Adam Roush |
| Employees | 10 to 50 |
ChessUp Net Worth Timeline
| Net Worth 2023 | $5 Million |
| Net Worth 2022 | $4 Million |
| Net Worth 2021 | $3.5 Million |
| Net Worth 2020 | $3 Million |
| Net worth valuation in 2022 after appearing on Shark Tank | $6 Million |
| Net worth valuation in 2022 before appearing on Shark Tank | $6 Million |
ChessUp Pitch on Shark Tank
| Company name | ChessUp |
| Product | Chess Game with AI Technology |
| Episode | Season 14 Episode 09 |
| Founders | Jeff Wigh and Adam Roush |
| Asked for | $300,000 for 5% equity |
| Final deal | $300,000 for 5% equity plus a 3% royalty |
| Shark | Lori Greiner |
| Location | USA |
Don’t miss these products from Season 14
ChessUp Founders
ChessUp was founded by Jeff Wigh and Adam Roush in 2019. Two founders are heavy gamers. They met each other in a STEM-based game Lab. ChessUp’s founders, Jeff Wigh and Adam Roush have a net worth of USD 5 Million as of 2023.
Key accomplishments
| Year | Accomplishment |
| 2023 | ChessUp has partnered with the US Chess Federation |
| 2022 | ChessUp appeared on Shark Tank |
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 ChessUp and its continued success.