Fizzics, a home beer dispenser, was started by Phil Petracca and David McDonald in 2012. As of September 2023, Fizzics net worth is $18 million. And they’re pulling in a whopping $4 million in annual revenue. 

In September 2016, they appeared on season 8 of Shark Tank USA and made a deal with Mark Cuban and Lori Greiner, for $2 million for $16.67% of equity. The final valuation was $10 million, down from the founder’s initial estimate of $12.5 million.

Fizzics is still in business. The company filed for Chapter 11 bankruptcy in 2019. But it was able to restructure its debt and emerge from bankruptcy in 2020. Today, Fizzics is selling its third-generation product, the DraftPour portable home beer dispenser. The DraftPour is a device that uses a patented technology to infuse canned or bottled beer with nitrogen. That was resulting in a smoother, more flavorful pour. You can purchase their products online from their official website

Fizzics Net Worth

Net worth$18 million (2023)
Annual Sales Revenue$4 million (2023)
ProfitsNot publicly available
Lifetime salesNot publicly available
InvestorMark Cuban and Lori Greiner
FounderPhil Petracca and David McDonald 
Employees2 employees

Fizzics Net Worth Timeline

Net Worth 2023$18 million
Net Worth 2022$18 million
Net worth valuation 2020 after appearing on Shark Tank  $12.5 million
Net worth valuation 2020 before appearing on Shark Tank  $10 million

Fizzics Pitch on Shark Tank

Company nameFizzics
ProductDispensers that utilize sound waves produce better tasting beer.
EpisodeSeason 8 Episode 1
Founders David McDonald and Phil Petracca
Asked for$500,000 For 4% equity 
Final deal$2,000,000 For 16.67% equity 
SharksMark Cuban and Lori Greiner

Fizzics Founders

Fizzics was founded by David McDonald and Phil Petracca in 2012. Fizzics’s founders, David McDonald and Phil Petracca, have a net worth of $15 million as of 2023.

Key accomplishments

2016Appeared on Shark Tank season 8 and Mark Cuban and Lori Greiner invested $2,000,000 For 16.67% equity
2017Released the Fizzics Beer Engine
2018Released the Fizzics DraftStation.


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 Fizzics and its continued success.

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