Hydroviv Net Worth 2023 Update (Before & After Shark Tank)
Hydroviv, Water Filters, was started by Eric Roy in 2015. As of September 2023, Hydroviv net worth is $5 Million and they’re pulling in a whopping $2 Million in annual revenue.
In April 2019, they appeared on Season 10 of Shark Tank USA and made a deal with Mark Cuban, for $400,000 for 20% equity. The final valuation was $2 Million, down from the founder’s initial estimate of $4 Million.
In September 2023, Hydroviv is still in business. You can purchase their products from the company website and other e-commerce channels.
Hydroviv Net Worth
Net worth | $5 Million |
Annual Sales Revenue | $2 Million |
Profits | N/A |
Lifetime Sales | N/A |
Shark Tank Investor | Mark Cuban |
Founder | Eric Roy |
Employees | 11 employees |
Hydroviv Net Worth Timeline
Net Worth 2023 | $5 Million |
Net Worth 2022 | $4.2 Million |
Net Worth 2021 | $3.6 Million |
Net Worth 2020 | $2.8 Million |
Net worth valuation 2019 after appearing on Shark Tank | $2 Million |
Net worth valuation 2019 before appearing on Shark Tank | $4 Million |
Hydroviv Pitch on Shark Tank
Company name | Hydroviv |
Product | Water Filters |
Episode | Season 10 Episode 19 |
Founder | Eric Roy |
Asked for | $400,000 for 10% equity |
Final deal | $400,000 for 20% equity |
Shark | Mark Cuban |
Location | New York Avenue, Washington, United States. |
Hydroviv Founder
Hydroviv was founded by Eric Roy in 2019. With the Michigan water crisis. Most of the people decided to take a decision. There was a problem that Pb mixed with water. Filters that already had with the community were poor to reduce the Pb level of the water. Therefore Eric Roy founded Hydriviv to solve this problem. Hydroviv’s founder, Eric Roy has a net worth of 5 Million USD as of 2023.
Key accomplishments:
Year | Accomplishment |
2019 | Appeared on Shark Tank season 10 episode 19. |
2023 | Generated $2 Million Annual Revenue. |
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 Hydroviv and its continued success.