Flip-It Cap Net Worth 2023 Update  (Before & After Shark Tank)

Flip-It Cap, a bottle-emptying kit, was started by Steven Epstein in 2014. As of September 2023, Flip-It Cap net worth is $1.5 million, and they’re pulling in a whopping $1 million in annual revenue.

In 2019, they appeared on Season 10 of Shark Tank USA, seeking $500,000 for 10% of equity, valuing the company at $5 Million. Although the sharks loved the concept, they went out because they thought the venture was overvalued. Therefore, Steven Epstein did not make a deal with any of the sharks on the show.

Flip-It Cap has become a popular product since its appearance on Shark Tank. The product has managed to acquire a substantial footprint in the home supply market. The caps are currently available on various platforms and retailers, including Amazon, and their official website.

Flip-It Cap Net Worth

Net worth$1.5 million
Annual Sales Revenue$1 million
Profits
Lifetime Sales
Shark Tank InvestorNone
FounderSteven Epstein
Employees

Flip-It Cap Net Worth Timeline

Net Worth 2023$1.5 Million
Net Worth 2022$1.3 Million
Net Worth 2021$ 1 Million
Net worth 2019 before appearing on Shark Tank  $ 2.5 Million

Flip-It Cap Pitch on Shark Tank

Company nameFlip-It Cap
ProductBottle emptying kit
EpisodeSeason 10 Episode 19
Founder  Steven Epstein
Asked for$500,000 For 10% Equity
Final dealNo Deal
Shark N/A
LocationTenafly, New Jersey

Don’t miss these product from Season 10

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 2023.

Key accomplishments:

YearAccomplishment
2022Gained net worth of 1.5 Million USD
2019Appeared 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.