FlyWithWine Net Worth 2024 Update (Before & After Shark Tank)
FlyWithWine’s estimated net worth is $3 million as of January 2024. In 2022, the company made $5.6 million in sales. By the time of the pitch in 2023, sales were at $2.3 million. FlyWithWine, a safety luggage to transport wine, was started by Ron Scharman and Ryan Neergard in 2016.
In 2023, they appeared on Season 15 of Shark Tank USA, seeking $500,000 for 8% of equity, valuing the company at $6.25 million. But, the Sharks were not interested in investing in FlyWithWine.
Despite their ambitious pitch, Ron and Ryan could not secure a deal for their business. However, their appearance on the show helped them increase brand recognition and market expansion. As of January 2024, the company is actively running operations. Products are available for purchase at the company website and Amazon.
FlyWithWine Net Worth
Net worth | $3 million (2024) *estimated |
Annual Sales Revenue | $5.6 million (2022) |
Profits | Not available |
Lifetime sales | 19 million (2024) *estimated |
Investor | None |
Investment | None |
Founder | Ron Scharman and Ryan Neergard |
Employees | <10 |
FlyWithWine Net Worth Timeline
Net Worth 2024 | $3 million *estimated |
Net worth valuation in 2023 before appearing on Shark Tank | $6.25 million |
FlyWithWine Pitch on Shark Tank
Product | A safety luggage to transport wine |
Episode | Season 15 Episode 09 |
Founders | Ron Scharman and Ryan Neergard |
Asked for | $500,000 for 8% of equity |
Company name | FlyWithWine |
Final deal | No deal |
Shark | No shark |
Location | Napa, California |
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FlyWithWine Founders
Ron Scharman and Ryan Neergard founded FlyWithWine in 2016. Ron completed both his Bachelor’s and Master’s Degrees at Cornell University. He has held various job positions throughout his career journey. Besides running his own business, Ron is an instructor at Sonoma State University Wine Business Institute. Ryan holds a Bachelor’s in Business Administration from the Pacific Union College. He has previous experience working for the PR and Media sectors. FlyWithWine’s founders, Ron Scharman and Ryan Neergard as of 2024.
Key accomplishments
Year | Accomplishment |
2023 | The company was featured on Shark Tank. |
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 FlyWithWine and its continued success.