Intelli Stopper Net Worth 2023 Update (Before & After Shark Tank)
Intelli Stopper is a wine preservation tool that pumps air out of wine bottles. Chase Hoyt and Bob Hoyt started this business in 2008. Intelli Stopper’s, net worth was $2.5 million at the time of their pitch in 2014 based on the $250,000 offer for an 10% of equity of the company.Â
They appeared on Season 5 of Shark Tank USA in 2014. But the Sharks were not interested in investing in Intelli Stopper.
Intelli Stopper was rebranded into Wine Doctor with more advanced technology. However the business met its end by 2018. As of October 2023, the product is no longer available in the market.
Intelli Stopper Net Worth
| Net worth | $2.5 million, business valuation (2014) |
| Annual Sales Revenue | $350,000 (2013) |
| Profits | – |
| Lifetime sales | – |
| Investor | – |
| Founder | Chase Hoyt and Bob Hoyt |
| Employees | – |
Intelli Stopper Net Worth Timeline
| Net Worth 2023 | Out of business |
| Net Worth 2022 | Out of business |
| Net Worth 2021 | Out of business |
| Net Worth 2020 | Out of business |
| Net worth valuation in 2014 before appearing on Shark Tank | $2.5 million (business valuation) |
Intelli Stopper Pitch on Shark Tank
| Company name | Intelli Stopper |
| Product | A wine preservation tool that pumps air out of wine bottles. |
| Episode | Season 05 Episode 25 |
| Founders | Chase Hoyt and Bob Hoyt |
| Asked for | $250,000 for 10% Equity |
| Final deal | No deal |
| Shark | None |
| Location | Tuscon, Arizona |
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Intelli Stopper Founders
Chase Hoyt and Bob Hoyt founded Intelli Stopper in 2008. Hoyts are wine enthusiasts as well as excellent entrepreneurs. They founded Intelli Stopper redifiing the beverage preservation tools. Although Intelli Stopper is no longer in business, Hoyts continue other career pursuits. Intelli Stopper’s founders Chase Hoyt and Bob Hoyt current net worth is unknown.
Key accomplishments
| Year | Accomplishment |
| 2014 | The company got featured on Shark Tank season 5 |
Conclusion
Some companies that appear on the show have not achieved great success, and the Intelli Stopper was one of them. Sometimes businesses don’t succeed because of many reasons. Sometimes, the deal falls through after the founders say yes on camera. Or, as you’ll see, sometimes things happen to the founders themselves, and they choose to abandon the business. Anything is possible. However, Intelli Stopper went out of business in 2018. And the product is no longer available in the market.