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 has continued to innovate and expand its product offerings.
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 (2024) |
| Annual Sales Revenue | Not available |
| Lifetime Sales | $231 million (estimated) |
| Investor | Mark Cuban |
| Founder | Jeff Stroope |
| Employees | 20-50 |
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. However, based on the deal he should have a net worth around 1.25 million USD.
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.