InstaFire Net Worth 2025 Update (Before & After Shark Tank)

As of 2025, InstaFire thrives with a net worth of $7.5 million and annual revenue of $4 million.
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Konel Banner and Frank Weston created InstaFire to offer safe and efficient fire-starting solutions. They pitched their idea on Shark Tank in 2016, winning a $300,000 deal from Mark Cuban and Lori Greiner for 30% equity.

The exposure boosted their business, with InstaFire products now sold in major stores like Walmart, Home Depot, and Target. By 2025, annual revenues exceeded $4 million, and as of 2025, InstaFire’s net worth is estimated at $7.5 million.

Known for their reliability, InstaFire’s products are a favorite for outdoor enthusiasts and emergency preparedness, making the company a leader in the fire-starting industry.

InstaFire Net Worth

Net worth$7.5 Million (2025)
Annual Sales Revenue$4 million
InvestorsMark Cuban and Lori Greiner
FoundersKonel Banner and Frank Weston
Employees48

InstaFire Pitch on Shark Tank

Company nameInstaFire
ProductInstant fire-starter
EpisodeSeason 07 Episode 19
Founders Konel Banner and Frank Weston
Asked for$300,000 for 10% equity
Final deal$300,000 for 30% equity
SharksMark Cuban and Lori Greiner
Location2640 Industrial Drive, Ogden

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InstaFire Founders

InstaFire was founded by Konel Banner and Frank Weston in 2008. The founders got the idea to start the company when they saw an old mountain man lighting a rock on fire.

They are outdoor adventure lovers. InstaFire’s founders, Konel Banner and Frank Weston, have a net worth of $7.5 Million as of 2025.

Key accomplishments:

YearAccomplishment
2023InstaFire become a very popular 100% all-natural fire starter
2016InstaFire 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 for InstaFire and its continued success.

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