IceBeanie Net Worth 2023 Update (Before & After Shark Tank)
IceBeanie, A beanie with ice packs, was started by Nic Lamb in 2019. As of November 2023, IceBeanie’s net worth is $1 Million, and they’re pulling in a whopping $550,000 in annual revenue.
On February 12, 2021, they appeared on season 12 of Shark Tank USA and made a deal with Mark Cuban, for $50,000 for 25% equity. The final valuation was $200,000, down from the founder’s initial estimate of $250,000.
IceBeanie is a scientifically proven method using compression cold therapy, and the company is still in business. Their products are available to purchase on the official website.
IceBeanie Net Worth
Net worth | $1 Million (2023) |
Annual Sales Revenue | $550,000 (2023) |
Profits | – |
Lifetime sales | – |
Investor | Mark Cuban |
Founder | Nic Lamb |
Employees | 10 to 20 |
IceBeanie Net Worth Timeline
Net Worth 2023 | $1 Million |
Net Worth 2022 | $800,000 |
Net Worth 2021 | $650,000 |
Net Worth 2020 | $500,000 |
Net worth valuation in 2021 after appearing on Shark Tank | $200,000 |
Net worth valuation in 2021 before appearing on Shark Tank | $250,000 |
IceBeanie Pitch on Shark Tank
Product | A beanie with ice packs |
Episode | Season 12 Episode 13 |
Founder | Nic Lamb |
Asked for | $50,000 for 20% equity |
Company name | IceBeanie |
Final deal | $50,000 for 25% equity |
Shark | Mark Cuban |
Location | Los Angeles, CA |
Don’t miss these products from Season 12
IceBeanie Founders
IceBeanie was founded by Nic Lamb in 2019. He is a professional big wave surfer and entrepreneur. He started this business after a personal experience with post-concussion migraines. IceBeanie’s founder, Nic Lamb net worth is unknown as of 2023.
Key accomplishments
Year | Accomplishment |
2023 | IceBeanie has become a safe, natural, and drug-free solution to alleviate headaches, migraines. |
2021 | IceBeanie appeared on Shark Tank. |
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 of Sand Cloud and its continued success.