Draft Top, an Easily remove the top of an aluminum can, was started by Patrick Parizo and Armand Ferranti in 2015. As of November 2023, Draft Top net worth is $2.7 million and they’re pulling in a whopping $3 Million in annual revenue.
On February 12, 2021, they appeared on season 12 of Shark Tank USA and made a deal with Daymond John, for $300,000 for 20% equity. The final valuation was $1.5 Million, down from the founder’s initial estimate of $3 Million.
Draft Top is still in business and creates an enjoyable drinking experience. Their products are available to purchase on the official website.
Draft Top Net Worth
Net worth | $2.7 million (2023) |
Annual Sales Revenue | $3 Million (2022) |
Profits | – |
Lifetime sales | – |
Investor | Daymond John |
Founders | Patrick Parizo and Armand Ferranti |
Employees | 10 to 20 |
Draft Top Net Worth Timeline
Net Worth 2023 | $2.7 million |
Net Worth 2022 | $2 |
Net Worth 2021 | $1.5 million |
Net Worth 2020 | $1 million |
Net worth valuation in 2021 after appearing on Shark Tank | $1.5 Million |
Net worth valuation in 2021 before appearing on Shark Tank | $3 Million |
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 |
Don’t miss these products from Season 12
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 2023.
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.