Krapp Strapp’s net worth is $100,000 as of January 2024. For 2022, the company made $199,800 in sales. Krapp Strapp, an outdoor bathroom tool, was started by Keith Lindsey and Bob Legg in 2022.
In November 2023, they appeared on season 15 of Shark Tank USA and made a deal with Lori Greiner and Daymond John for $65,000 in exchange for 33.3% equity. The final valuation was $195,000, down from the founder’s initial estimate of $650,000.
After rounds of counter-offering, Keith and Bob decided to seal a deal. The appearance on the show and securing a deal significantly helped the company to boost its sales. As of January 2024, the product is available on the AirBoss website, Amazon, and selected stores.
Krapp Strapp Net Worth
| Net worth | $100,000 (2024) |
| Annual Sales Revenue | $199,800 (2022) |
| Profits | Not available |
| Lifetime sales | $200,000 (2024) |
| Investors | Lori Greiner and Daymond John |
| Investment | $65,000 in exchange for 33.3% equity |
| Founders | Keith Lindsey and Bob Legg |
| Employees | <10 |
Krapp Strapp Net Worth Timeline
| Net Worth 2024 | $100,000 |
| Net worth valuation 2023 after appearing on Shark Tank | $195,000 |
| Net worth valuation 2023 before appearing on Shark Tank | $650,000 |
Krapp Strapp Pitch on Shark Tank
| Product | An outdoor bathroom tool |
| Episode | Season 15 Episode 06 |
| Founders | Keith Lindsey and Bob Legg |
| Asked for | $65,000 in exchange for10% equity |
| Company name | Krapp Strapp |
| Final deal | $65,000 in exchange for 33.3% equity |
| Sharks | Lori Greiner and Daymond John |
| Location | Jacksonville, Texas |
Don’t miss these products from Season 15
Krapp Strapp Founders
Keith Lindsey and Bob Legg founded Krapp Strapp in 2022. Bob has been an outdoor enthusiast from a young age. He founded the motion duck decoy in the 1980s. Bob was 81 years old at the time of the pitch. Despite his age, Bob has an outgoing and determined personality. Keith, the co-founder, owns an outdoor product development company. Krapp Strapp’s founders, Keith Lindsey and Bob Legg’s net worths are unknown as of 2024.
Key accomplishments
| Year | Accomplishment |
| 2023 | The company was featured on Shark Tank and secured a deal. The company gained 4.3 out of 5 stars rating on Amazon. |
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 Krapp Strapp and its continued success.
