Invisiplug, a startup that offered wood-grain patterned surge protectors to blend with home decor, appeared on Shark Tank in 2013. Despite the exposure and sealing a deal with Lori Greiner Invisiplug struggled to maintain momentum and eventually ceased operations.
The company did not pursue crowdfunding and remains inactive, with no significant acquisitions or investments since its Shark Tank appearance. Invisiplug’s innovative idea garnered initial interest but ultimately could not sustain its business in the competitive market. As of 2024, the company is no longer operational and has no current net worth.
InvisiPlug Net Worth
Estimated Net worth | $1.25 million (Business Valuation) |
Annual sales | Not available |
Lifetime sales | Not available |
Investor | Lori Grenier |
Founders | Mike Barzman, Brian O’Connell |
Employees | Not available |
InvisiPlug Pitch on Shark Tank
Company name | InvisiPlug |
Product | Wood grain surge protectors |
Episode | Season 05 Episode 14 |
Founders | Mike Barzman, Brian O’Connell |
Asked for | $125,000 in exchange for 10% equity |
Final deal | $125,000 in exchange for 10% equity |
Shark | Lori Grenier |
Location | Sacramento, CA |
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InvisiPlug Founders
InvisiPlug was founded by Mike Barzman, and Brian O’Connell in 2012. They have plenty of business in the entertainment industry. They are best friends who want to invent something that would change the world. InvisiPlug’s founders, Mike Barzman, and Brian O’Connell’s net worth is unknown as of 2024.
Key accomplishments
Year | Accomplishment |
2016 | InvisiPlug became as one of Lori Greiner’s “All-Star” companies. |
2014 | InvisiPlug was featured on Shark Tank. |
Conclusion
Some companies that appear on the show have not achieved great success, and the InvisiPlug is one of them. Sometimes businesses don’t succeed for 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, InvisiPlug went out of business in 2016. And the product is no longer available in the market.