Extreme Vehicle Protection (EVP), founded by Matthew Harris and Kenny Lerner, appeared on Shark Tank in 2021 and secured a $50,000 deal with Daymond John for 33% equity. EVP specializes in waterproof covers that protect vehicles from flood damage.
Since their appearance on the show, the company has grown steadily, with annual revenue reaching $1 million and a 2024 net worth of approximately $4 million. The product line has expanded to include protection for motorcycles and outdoor furniture, and EVP continues to operate successfully through online sales platforms like Amazon.
Extreme Vehicle Protection Net Worth
| Estimated Net worth | $4 million (2024) |
| Annual Sales Revenue | $1 million (2024) |
| Lifetime sales | Not Available |
| Investors | Kenny Lerner and Matthew Harris |
| Founder | Daymond John |
| Employees | Not Available |
Extreme Vehicle Protection Pitch on Shark Tank
| Company name | Extreme Vehicle Protection |
| Product | Plastic cover to cars |
| Episode | Season 12 Episode 1 |
| Founders | Kenny Lerner and Matthew Harris |
| Asked for | $50,000 for 20% Equity |
| Final deal | $50,000 for 33% Equity |
| Shark | Daymond John |
| Location | USA |
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Extreme Vehicle Protection Founders
Kenny Lerner and Matthew Harris found Extreme Vehicle Protection in 2017. Kenny is a serial entrepreneur with a background in product development and marketing. Maththew is a software engineer with a passion for cars and technology. The networth of Extreme Vehicle Protection’s founders, Kenny Lerner and Matthew Harris, is not available as of 2024. Based on the deal it should be above $100,000.
Key accomplishments
| Year | Accomplishment |
| 2021 | Appeared on Shark Tank season 12 and Daymond John invested $50,000 for 33% Equity. |
| 2022 | Awarded “Best Car Cover” by Consumer Reports. |
| 2023 | Continued to grow and expand. |
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 Extreme Vehicle Protection and its continued success.