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Shark Tank
"Hyconn" Net Worth 2023 Update

HyConn Net Worth 2026 Update

HyConn's Mark Cuban deal collapsed and the company never scaled — by 2026 it's effectively dormant, and its old $5M figure is historical.

Founded by entrepreneur Jeff Stroope, Hyconn is a fast connection for water hydrants. The product was featured in season 2 of Shark Tank USA.

Although founder Jeff Stroope secured a $1.25 million deal with Mark Cuban, the agreement later fell through due to disagreements over licensing and management control. Despite this setback, HyConn never scaled into a mainstream business. By 2026 it is effectively dormant, with no active consumer product line — only occasional fire-industry trade-show appearances and limited wholesale valve sales.

They have introduced enhanced versions of their quick-connect hose connectors, improving speed, durability, and safety. The company has faced challenges in scaling production and managing supply chains but has persevered through strategic partnerships and continuous product improvements.

Hyconn Net Worth

Estimated Net Worth~$5 million (unverified, legacy estimate)
Annual Sales RevenueNot available
Lifetime Sales$231 million (estimated)
InvestorMark Cuban
FounderJeff Stroope
Employees20-50

Hyconn Pitch on Shark Tank

Company nameHyconn
ProductFast connector for fire hydrants and hoses
EpisodeSeason 02 Episode 08
FounderJeff Stroope
Asked for$500,000 for 40% Equity
Final deal$1.25 Million for 100% + $100,000/year for 3 years + 7.5% royalty to Jeff Stroope
SharkMark Cuban
LocationNW Front St, Ashdown, AR

Don’t miss these product from Season 2

Hyconn Founder

Hyconn was founded by Jeff Stroope in 1999 Jeff Stroope is a firefighter and paramedic from Florida. Jeff Stroope invented the Hy-Conn adapter after experiencing frustration with traditional hose connectors while responding to emergencies. Hyconn’s founder Jeff Stroope’s net worth is unknown as of 2024. However, based on the deal he should have a net worth around 1.25 million USD.

Key accomplishments

YearAccomplishment
2010Innovative Product: Hy-Conn offers a quick-connect adapter designed to make connecting and disconnecting hoses and fittings easier and faster.

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. Rather than a thriving business, HyConn stands as a cautionary Shark Tank tale — a promising product whose deal fell apart and that, by 2026, has quietly faded to legacy status.

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