Lite-Netics, founded by Shawn Genenbacher in 2009, makes decorating easier with its magnetic holiday lights that snap into place effortlessly. Although the company didn’t secure a deal on Shark Tank, the exposure helped Lite-Netics grow, reaching around $1 million in annual revenue by 2025.
The business remains independently owned, with no major acquisitions or outside investors, and focuses on improving its product line.
In 2022, Lite-Netics took legal action to protect its patented technology, showing its dedication to innovation. Today, Lite-Netics continues to simplify holiday decorating for customers while expanding its impact in the market.
Lite Netics Net Worth
| Estimated Net worth | $1 million (2025) |
| Annual Sales Revenue | $1 million |
| Founder | Shawn Genenbacher |
| Employees | 10 employees |
Lite Netics Pitch on Shark Tank
| Company name | Lite Netics |
| Product | Magnetic holiday lights |
| Episode | Season 05 Episode 12 |
| Founder | Shawn Genenbacher |
| Asked for | $125,000 in exchange for 20% equity |
| Final deal | No Deal |
| Shark | None |
| Location | Texas, USA |
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Lite Netics Founder
Shawn Genenbacher founded Life Netics in 2009. Shawn Genenbacher owns the company Lite-Netics and graduated from Texas Tech University, Texas. Also, He currently works as a Project Manager in Tigris, LLC. Lite Netics’s founder, Shawn Genenbacher, has a net worth of 1 million USD as of 2025.
Key accomplishments
| Year | Accomplishment |
| 2013 | The company appeared on Shark Tank Season 05. |
| 2022 | The company earned 1 million revenue as of 2022. |
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 Lite Netics and its continued success.