Friday Beers Net Worth 2025 Update (Before & After Shark Tank)

As per 2025, Friday Beers is out of business; net worth was $250K in 2016.

In 2016, Keegan, Matt, Nick, and Lee founded Friday Beers, a subscription service delivering cold craft beers every Friday.

They appeared on Season 2 of Shark Tank Australia, securing a $25,000 investment from Steve Baxter for a 10% equity stake.

Despite this initial success, as of January 2025, Friday Beers appears to be out of business, with no active website or recent social media updates.

Friday Beers Net Worth

Net worth$250,000 (2016) Business Valuation
Annual Sales RevenueNot available
ProfitsNot available
Lifetime salesNot available
InvestorSteve Baxter
FoundersKeegan, Matt, Nick & Lee
EmployeesNot available

Friday Beers Pitch on Shark Tank

ProductA subscription that delivers cold-crafted beer every Friday
EpisodeSeason 02 Episode 05
FoundersKeegan, Matt, Nick & Lee
Asked for$25,000 for 10% equity
Company nameFriday Beers
Final deal$25,000 for 10% equity
Shark Steve Baxter
LocationBrisbane, Queensland 

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Friday Beers Founders

Keegan, Matt, Nick & Lee founded Friday Beers in 2016. Lee initially came up with the idea. Later on, his friends joined him to expand the business. Lee is currently serving as the General manager of NLX Inc. in Australia. Friday Beers’s founders Keegan, Matt, Nick & Lee’s net worths are unknown as of 2025.

Key accomplishments

YearAccomplishment
2016Friday Beers was featured on Shark Tank and scared a deal. 

Conclusion

Some companies that appear on the show have not achieved great success, and the Friday Beers was one of them. Sometimes businesses don’t succeed because of many reasons. Sometimes, the deal falls through after the founders say yes on camera. Or, as you’ll see, sometimes things happen to the founders themselves, and they choose to abandon the business. Anything is possible. However,  Friday Beers went out of business in 2017. And the product is no longer available in the market.