Gunnar Optiks Net Worth 2023 Update (Before & After Shark Tank)
Gunnar Optiks, eye glasses designed to eliminate digital eye strain, was started by Joe Croft in 2007. As of September 2023, Gunnar Optiks net worth is $7.5 Million and they’re pulling in a whopping $7.1 Million in annual revenue.
In February 2018, they appeared on Season 9 of Shark Tank USA and made a deal with Lori Greiner, for $750,000 for 8% equity. The final valuation was $9.4 Million, down from the founder’s initial estimate of $15 Million.
In September 2023, Gunnar Optiks is still in business. You can purchase products from their company website and other e-commerce channels.
Gunnar Optiks Net Worth
Net worth | 7.5 Million |
Annual Sales Revenue | 7.1 Million |
Profits | Not available |
Lifetime Sales | Not available |
Shark Tank Investor | Lori Greiner |
Founder | Joe Croft |
Employees | Over 25 employees |
Gunnar Optiks Net Worth Timeline
Net Worth 2023 | $7.5 Million |
Net Worth 2022 | $7.5 Million |
Net Worth 2021 | $7 Million |
Net Worth 2020 | $8.5 Million |
Net worth valuation 2018 after appearing on Shark Tank | $9.4 Million |
Net worth valuation 2018 before appearing on Shark Tank | $15 Million |
Gunnar Optiks Pitch on Shark Tank
Company name | Gunnar Optiks |
Product | eye glasses designed to eliminate digital eye strain |
Episode | Season 09 Episode 22 |
Founder | Joe Croft |
Asked for | $750,000 for 5% equity |
Final deal | $750,000 for 8% equity |
Shark | Lori Greiner |
Location | Carlsbad, California, United States. |
Gunnar Optiks Founder
Gunnar Optiks was founded by Joe Croft in 2018. Joe Croft is an optical engineer. He noticed the prevalence of vision problems of his patients due to their computer works. Then he decided to find the solution for this issue. Finally he founded Gunnar Optiks. Gunnar Optiks’s founder, Joe Croft has a net worth of 7.5 Million USD as of 2023.
Key accomplishments:
Year | Accomplishment |
2015 | The company partners with professional gamers such as Cloud9 and TSM. |
2018 | Appeared on Shark Tank season 9 episode 22. |
2021 | Gunnar Optiks has annual revenue of over $8 million. |
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 Gunnar Optiks and its continued success.