Flasky Flowers Net Worth 2024 Shark Tank Update

Flasky Flower’s net worth is $400,000 as of March 2024. By the time of the pitch in 2023, the company was pulling $90,000 in annual revenue. In October 2021, they appeared on season 13 of Shark Tank USA and made a deal with Kevin O’Leary, Mark Cuban, and Lori Greiner for $75,000 for 30% equity. The final valuation was $250,000, down from the founder’s initial estimate of $500,000.
Since its appearance on the show, Flasky Flowers had a slow but somewhat steady growth in business. The exact earnings of the sharks from the company have not been disclosed officially. As of 2024, Flasky Flowers are available on their company website and primary direct-to-consumer Etsy.
Read what happened to Flasky Flower’s worth and net worth update in brief here.
Flasky Flowers Net Worth
Net worth | $400,000 |
Annual Sales Revenue | $90,000 |
Profits | Not available |
Lifetime sales | $21,000 |
Investors | Kevin O’Leary, Mark Cuban, and Lori Greiner |
Founders | Ryan Moynihan and Kelly Moynihan |
Employees | <25 |
As of March 2024, Flasky Flower’s net worth is $400,000.
Flasky Flowers sales and revenue
Launched in 2019, Flasky Flowers made $21,000 in lifetime sales by the time of their pitch in 2021. As of 2023, the company has an estimated annual revenue of $90,000. The company has not yet disclosed information regarding its current sales and revenue.
Net worth timeline
Net Worth 2024 | $400,000 |
Net Worth 2023 | $400,000 |
Net worth valuation in 2021 after appearing on Shark Tank | $250,000 |
Net worth valuation in 2021 before appearing on Shark Tank | $500,000 |
How much did Kevin O’Leary, Mark Cuban, and Lori Greiner make from Flasky Flowers?
After rounds of negotiation, Kevin O’Leary, Mark Cuban, and Lori Greiner decided to invest $25,000, each receiving a 10% equity. Accordingly, the owners got themselves a deal of $75,000 for 30% equity. There are limited details on Flasky Flower’s financial figures after the show; thus, it is unclear how much sharks gained from their investment.
Competitors of the Flasky Flowers?
Flasky Flowers is the sole manufacturer of an all-in-one handheld flask bouquet. However few companies make similar products; some of them are Heaven Scent Floral Designs, Occasionally Yours, Rees Flowers & Inc, and Flowers on 15th.
Don’t miss these products from Season 13
Flasky Flowers Shark Tank Update
Company name | Flasky Flowers |
Product | Flower bouquets with flasks inside |
Episode | Season 13 Episode 03 |
Founders | Ryan Moynihan and Kelly Moynihan |
Asked for | $50,000 for 10% equity |
Final deal | $75,000 for 30% equity |
Sharks | Kevin O’Leary, Mark Cuban, and Lori Greiner |
Location | Delray Beach, Florida |
The company aced to secure a deal from the show and expand its business. However, the business could not witness exceptional growth following the show. According to the latest information, the company has made nearly 500 sales through its Etsy shop. Products have positive customer reviews, and company social media accounts, including Instagram, Facebook, and TikTok, are active with good numbers of followers.
About Flasky Flowers
Flasky Flowers is a unique Flower bouquet that comes with a flask inside. The product is created by combining the appearance of a flower bouquet and the functionality of a flask. Therefore, it is both charming and useful. Staying hydrated is important on your big day. But brides find it difficult to carry glasses around. Also they often have to ask someone else to hold their drink while taking photographs. Flasky Flowers is the ideal solution to address this issue. The bride can fill up the flask with water or any beverage and use it as a bouquet simultaneously. Not only for weddings, this product is useful for any other ceremonial event, including pageants and bachelorette parties.
Flasky Flowers Founders
Ryan Moynihan and Kelly Moynihan are the creative minds behind this product. Kelly is a hairstylist by profession. Working at multiple weddings, she initially came up with the idea of a two in one bouquet and a flask. She turned the idea into a business venture with the help of his husband, Ryan. The couple are ambitious business partners. They sold their house and quit jobs to make Flasky Flowers a reality.
FAQs
As of 2024, the company’s net worth is $400,000.
As of 2023, the company made $90,000 in annual revenue.
By the time of the pitch in 2021, the company did $21,000 in lifetime sales.
Yes, the company made a deal with Kevin O’Leary, Mark Cuban, and Lori Greiner for $75,000 for 30% equity.
Yes, it is actively running the business. Products are available for purchase on the company website and Etsy.