Larq is a  self-purifying water bottle that uses UV-C LED technology. This was founded by Justin Wang in 2017. As of January 2024, Larq’s net worth is $32 million. They’re pulling in a whopping $30 million in annual revenue. 

In April 2021, they appeared on season 12 of Shark Tank USA and made a deal with Lori Greiner and Kevin O’Leary for $1 million for 4% equity. The final valuation was $25 million, down from the founder’s initial estimate of $50 million.

After several rounds of negotiations, Justin managed to secure a deal for Larq, and the company has progressed since the show. Larq has expanded its product line and market over the years. The company is currently shipping products to several states outside the U.S., including Canada, the UK, and Europe. You can make purchases via the company website and Amazon.

Larq Net Worth

Net worth$32 million (2024)
Annual Sales Revenue$30 million (2023)
Lifetime sales$41 million (2023)
InvestorsLori Greiner and Kevin O’Leary 
FounderJustin Wang

Larq Net Worth Timeline

Net Worth 2024$32 million
Net Worth 2023$28 million
Net Worth 2022$29 million
Net Worth 2021$30 million
Net Worth 2020$45 million
Net worth valuation in 2021 after appearing on Shark Tank  $25 million
Net worth valuation in 2021 before appearing on Shark Tank  $50 million

Larq Pitch on Shark Tank

Company nameLarq
ProductA self-purifying water bottle that uses UV-C LED technology
EpisodeSeason 12 Episode 21
FounderJustin Wang
Asked for$500,000 for 1% equity
Final deal$1 million for 4% equity
SharksLori Greiner and Kevin O’Leary 
LocationSan Francisco Bay Area, California

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Larq Founder

Larq was founded by Justin Wang in 2017. Soon after completing his degree, Justin worked as an Academic Research Assistant at the University of Berkeley. He joined the investment sector in 2007. Ever since, Justin has been molding his skills to become a successful entrepreneur. Larq’s founder Justin Wang has a net worth of 30 million USD as of 2024.

Key accomplishments

2019Larq became the winner of the Dezeen Awards: Product Design of the Year 2019.

Larq won the Red Dot Design Award 2019.
2021Larq was featured in Shark Tank and secured a deal.


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 Larq and its continued success.

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