Cup-a-Bug Insect Catcher’s net worth is $500,000 as of February 2024. For the year 2022, the company has done $28,0000 in sales. Cup-a-Bug Insect Catcher, a safe bug-catching tool, was founded by Justin Huang in 2016.
In February 2024, they appeared on season 15 of Shark Tank USA and made a deal with Mark Cuban for $75,000 for 20% of equity. The final valuation was $375,000, down from the founder’s initial estimate of $500,000.
After a successful pitch, Justin received offers from two sharks and decided to proceed with Mark’s offer. The show gave great exposure to his product. It appears to be there is a boost in sales following the appearance on the show. You can place orders via the company website. The product is also available on Amazon.
Cup-a-Bug Insect Catcher Net Worth
| Net worth | $500,000 (2024) |
| Annual Sales Revenue | $28,000 (2022) |
| Profits | Not available |
| Lifetime sales | $1 million (2024) |
| Investor | Mark Cuban |
| Investment | $75,000 for 20% equity |
| Founder | Justin Huang |
| Employees | <10 |
Cup-a-Bug Insect Catcher Net Worth Timeline
| Net Worth 2024 | $500,000 |
| Net worth valuation in 2024 after appearing on Shark Tank | $375,000 |
| Net worth valuation in 2024 before appearing on Shark Tank | $500,000 |
Cup-a-Bug Insect Catcher Pitch on Shark Tank
| Product | A safe bug-catching tool |
| Episode | Season 15 Episode 15 |
| Founder | Justin Huang |
| Asked for | $50,000 for 10% equity |
| Company name | Cup-a-Bug Insect Catcher |
| Final deal | $75,000 for 20% equity |
| Shark | Mark Cuban |
| Location | Irvine, California |
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Cup-a-Bug Insect Catcher Founder
Justin Huang founded Cup-a-Bug Insect Catcher in 2016. Justin is a Mechanical Engineer by profession. He also has a keen knowledge of the business industry. Justin’s childhood fear of bugs inspired him to create this product. Cup-a-Bug Insect Catcher’s founder Justin Huang’s net worth is unknown as of 2024.
Key accomplishments
| Year | Accomplishment |
| 2022 | Justin launched the Kickstarter Campaign for his company. |
| 2024 | The company was featured on Shark Tank and secured a deal. |
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 Cup-a-Bug Insect Catcher and its continued success.
