EnergyBits, a company specializing in algae-based supplements was featured in Season 8 of Shark Tank USA. Despite an ambitious pitch, the company owner, Catharine Arnston had to leave the Tank with no investments.
However, the show notably helped the trajectory of the business. As of 2024, EnergyBits has an estimated net worth of $15 million and annual revenue of $5 million.
Catharine Arnston continues to lead the company, which now offers multiple products including RecoveryBits, VitalityBits, and SkinnyBits.
EnergyBits maintains a strong online presence and has expanded its reach to retail stores like Neiman Marcus.
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ENERGYbits Net Worth
| Estimated Net worth | $4 million |
| Annual Sales Revenue | $4 million |
| Lifetime sales | Not available |
| Investor | None |
| Founder | Catharine Arnston |
| Employees | 11-50 |
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 that is unavailable. However, the company’s net worth as of 2024 is $4 million. One of the main worth of Catharine Arnston is ENERGYbits. Therefore Catharine Arnston should have more than $4 million net worth as of 2024.
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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.
