ENERGYbits is a chemical-free energy-boosting supplement. This was founded by Catharine Arnston in 2008. As of November 2023, ENERGYbits’s net worth is $4 million. They’re pulling in a whopping $4 million in annual revenue.
In 2016 they appeared on Season 08 of Shark Tank USA seeking $500,000 for 5% of equity valuing the company at $10 million. But the Sharks were not interested in investing in ENERGYbits.
Despite being unable to secure a deal, ENERGYbits remained in business. ENERGYbits offers a variety of algae-based supplements; medically proven beneficial for immune health, gut health, energy longevity, and beauty. You can purchase ENERGYbits through the company website, Amazon, and selected stores.
ENERGYbits Net Worth
| Net worth | $4 million (2023) |
| Annual Sales Revenue | $4 million (2023) |
| Profits | – |
| Lifetime sales | – |
| Investor | – |
| Founder | Catharine Arnston |
| Employees | 11-50 |
ENERGYbits Net Worth Timeline
| Net Worth 2023 | $4 million |
| Net Worth 2022 | $4 million |
| Net worth valuation in 2016 before appearing on Shark Tank | $10 million (business valuation) |
ENERGYbits Pitch on Shark Tank
| Company name | ENERGYbits |
| Product | A chemical-free energy-boosting supplement |
| Episode | Season 08 Episode 09 |
| Founder | Catharine Arnston |
| Asked for | $500,000 for 5% equity |
| Final deal | No deal |
| Shark | No shark |
| Location | Boston, Massachusetts |
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ENERGYbits Founder
Catharine Arnston started ENERGYbits in 2008. Catherine completed her bachelor’s degree at Queen’s University and master’s degree at Ivey Business School at Western University. Her academic background and gifted entrepreneurial skills, as well as her personal experience of her sister being diagnosed with breast cancer, motivated Catherine to start her own business in 2008. Before starting ENERGYbits, Catherine worked in other job roles in the Marketing field. She also led other businesses of hers besides ENERGYbits. ENERGYbits’s founder, Catharine Arnston has an estimated net worth of $4-8 USD as of 2023.
Key accomplishments
| Year | Accomplishment |
| 2015 | ENERGYbits won the “Fifty on Fire” award, the National Award from The Entrepreneur Magazine. |
| 2016 | ENERGYbits was featured 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 ENERGYbits and its continued success.