Flip-It Cap, a bottle-emptying kit, was started by Steven Epstein in 2014. As of March 2024, 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 (2024) |
| Annual Sales Revenue | $1 million (2023) |
| Profits | – |
| Lifetime Sales | – |
| Shark Tank Investor | None |
| Founder | Steven Epstein |
| Employees | – |
Flip-It Cap Net Worth Timeline
| Net Worth 2024 | $1.5 Million |
| Net Worth 2023 | $1.5 Million |
| Net Worth 2022 | $1.3 Million |
| Net worth valuation in (2019) before appearing on Shark Tank | $5 Million |
| Net worth valuation in (2019) after appearing on Shark Tank | $5 Million |
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 | N/A |
| Location | Tenafly, 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 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.
