Draft Top, a can opener brand featured on Shark Tank, has continued to innovate in beverage tools. In 2023, the company raised $106,000 through a crowdfunding campaign, reflecting ongoing investor interest.
As of 2024, Draft Top remains privately held, with an estimated net worth of $2.7 million. The company operates with a small team of five employees, focusing on enhancing the drinking experience by offering tools that remove the tops of cans.
Draft Top Net Worth
| Estimated Net worth | $2.7 million (2024) |
| Annual Sales Revenue | $3 million (2024) |
| Lifetime sales | Not available |
| Investor | Daymond John |
| Founders | Patrick Parizo and Armand Ferranti |
| Employees | 10 to 20 |
Draft Top Pitch on Shark Tank
| Product | Easily remove the top of an aluminum can |
| Episode | Season 12 Episode 13 |
| Founders | Patrick Parizo and Armand Ferranti |
| Asked for | $300,000 for 10% equity |
| Company name | Draft Top |
| Final deal | $300,000 for 20% equity |
| Shark | Daymond John |
| Location | Stewartsville, NJ |
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Draft Top Founders
Draft Top was founded by Patrick Parizo and Armand Ferranti in 2015. They are very passionate about the business. They just want to create an enjoyable drinking experience. Draft Top’s founders, Patrick Parizo and Armand Ferranti net worth are unknown as of 2024. However based on the deal it should be above $1.2 million.
Key accomplishments
| Year | Accomplishment |
| 2021 | Draft Top 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 of Sand Cloud and its continued success.