“FiberFix” Net Worth 2023 Update (Before & After Shark Tank)

FiberFix-Shark-Tank-US-Net-worth-Update

FiberFix, Repair tape, was started by Eric Child and Spencer Quinn in 2012. After acquired by J-B Weld FiberFix’s net worth is unavailable since October 2018.

On October 25, 2013, they appeared on Season 5 of Shark Tank USA and made a deal with Lori Greiner, for $120,000 in exchange for 12% of equity. The final valuation was $1 Million, up from the founder’s initial estimate of $900,000.

In 2018 J-B Weld acquired FiberFix. And also FiberFix is still in business as of 2023. Products are available in over 20,000 retail stores on Amazon and other e commerce channels.

FiberFix Net Worth

Net worthNot available after acquired by J-B Weld since 2018.
Shark Tank InvestorLori Greiner
FoundersEric Child and Spencer Quinn
Employees25

FiberFix Net Worth Timeline

Net Worth 2023N/A
Net worth valuation in 2013 after appearing on Shark Tank  $900,000.
Net worth valuation 2013 before appearing on Shark Tank  $1 Million

FiberFix Pitch on Shark Tank

Company nameFiberFix
ProductRepair tape
EpisodeSeason 05 Episode 06
Founders Eric Child and Spencer Quinn
Asked for$90,000 in exchange for 10% 
Final deal$120,000 in exchange for 12% equity
SharkLori Greiner
LocationNorth State Street Orem, UT

FiberFix Founders

The company was founded by Eric Child and Spencer Quinn in 2012. FiberFix is a company that offers repair tape. Eric Child is an entrepreneur and founder of multiple high-growth consumer products companies. FiberFix’s founders, Eric Child and Spencer Quinn, have a net worth of USD 5 Million as of 2023.

Key accomplishments:

YearAccomplishment
2018Reached $50 Million retail sales.

The company acquired by J-B Weld.
2013Appearing on the popular TV show Shark Tank in 2013

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 FiberFix and its continued success.