Steven Epstein created the Flip-It! Cap to help users get every last drop from bottles, reducing waste. Despite not securing a deal on Shark Tank, the product gained significant attention.
As of 2024, Flip-It! Cap is valued at $1.5 million, with annual revenues reaching $1 million. The company has expanded into both beauty and kitchen markets, highlighting its versatility.
Notably, Flip-It! Cap has secured partnerships with major retailers like Sally Beauty and ACE Hardware, enhancing its market presence.
Flip-It Cap Net Worth
| Estimated Net worth | $1.5 million (2024) |
| Annual Sales Revenue | $1 million (2024) |
| Lifetime Sales | Not available |
| Shark Tank Investor | None |
| Founder | Steven Epstein |
| Employees | Not available |
Flip-It Cap Pitch on Shark Tank
| Company name | Flip-It Cap |
| Product | Bottle emptying kit |
| Episode | Season 10 Episode 19 |
| Founder | Steven Epstein |
| Asked for | $500,000 For 10% Equity |
| Final deal | No Deal |
| Shark | None |
| Location | Tenafly, New Jersey |
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Flip-It Cap Founder
Flip-It Cap was founded by Steven Epstein in 2014. Steven runs a bottling business in Oklahoma, employing 200 people, so he knows a lot about bottles and their neck sizes. He started designing and developing Flip-It Cap to reduce waste and maximize the use of bottled products. Flip-It! Cap’s founder, Steven Epstein, has a net worth of 1.5 million USD as of 2024.
Key accomplishments
| Year | Accomplishment |
| 2022 | Gained net worth of 1.5 million USD. |
| 2019 | Appeared on Shark Tank season 10. |
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 Spretz and its continued success.