Hyconn, the fast connector for fire hydrants and hoses, was started by Jeff Stroope in 1999. As of March 2024, Hyconn is not operated anymore. Their sales have increased in recent years.
On May 6, 2011, they appeared on Season 2 of Shark Tank USA and made a deal with Mark Cuban, for $1.25 million for 100% of the company, plus a 3-year work agreement, and 7.5% royalty. The final valuation was $1.25 million, the Same as the founder’s initial estimate.
Hyconn is still in business but we can not confirm it. Their product is available on the website.
Hyconn Net Worth
| Net Worth | Not available (2024) |
| Annual Sales Revenue | Not available |
| Profits | – |
| Lifetime Sales | $231 million (estimated) |
| Investor | Mark Cuban |
| Founder | Jeff Stroope |
| Employees | 20-49 |
Hyconn Net Worth Timeline
| Net Worth 2024 | Not available |
| Net Worth 2023 | $1.25 Million |
| Net Worth 2022 | $1 Million |
| Net worth 2011 after appearing on Shark Tank | $1.25 Million |
| Net worth 2011 before appearing on Shark Tank | $1.25 Million |
Hyconn Pitch on Shark Tank
| Company name | Hyconn |
| Product | Fast connector for fire hydrants and hoses |
| Episode | Season 02 Episode 08 |
| Founder | Jeff 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 |
| Shark | Mark Cuban |
| Location | NW 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.
Key accomplishments:
| Year | Accomplishment |
| 2010 | Innovative 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. We can’t wait to see the future for Spretz and its continued success.
