InvisaRack, a collapsible cargo rack for truck beds, was started by Donny McCall in 2010. As of October 2023, InvisaRack net worth is $11 million. And they’re pulling in a whopping $1 million in annual revenue.
In 2012 they appeared on season 3 of Shark Tank USA seeking $100,000 for 10% of equity valuing the company at $1 million. But the Sharks were not interested in investing in InvisaRack. The Sharks were concerned about the lack of experience of the founders in the home improvement industry.
InvisaRack is still in business. InvisaRack’s products are designed to help people declutter their homes and offices without sacrificing style. The company’s flagship product is the InvisaRack Shelf. Which is a floating shelf that can be mounted to the wall without any visible brackets. Visit their official website for more details.
InvisaRack Net Worth
Net worth | $11 million (2023) |
Annual Sales Revenue | $1 million (2023) |
Profits | Not publicly available |
Lifetime sales | Not publicly available |
Investor | None |
Founder | Donny McCall |
Employees | Not publicly available |
InvisaRack Net Worth Timeline
Net Worth 2023 | $11 million |
Net Worth 2022 | $11 million |
Net worth valuation 2012 after appearing on Shark Tank | $1 million |
Net worth valuation 2012 before appearing on Shark Tank | $1 million |
InvisaRack Pitch on Shark Tank
Product | Collapsible cargo rack for truck beds |
Episode | Season 03 Episode 03 |
Founder | Donny McCall |
Asked for | $100,000 for 10% Equity |
Company name | InvisaRack |
Final deal | None |
Shark / Sharks | None |
Location | USA |
Don’t miss these product from Season 03
InvisaRack Founder
Donny McCall found InvisaRack in 2010. Chris Broetje is an entrepreneur and inventor. He has a background in engineering and product design. Ben O’Brien is a marketer and business strategist. He has a background in the home improvement industry. InvisaRack’s founder, Donny McCall, has a net worth of $9.5 million as of 2023.
Key accomplishments
Year | Accomplishment |
2012 | Appeared on Shark Tank season 03 |
2019 | Expands its product line to include new shelves, cabinets, and other storage solutions. |
2022 | Partners with new retailers to sell its products in over 1,000 stores nationwide. |
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 InvisaRack and its continued success.