LockerBones Net Worth 2024 Update (Before & After Shark Tank)
LockerBones, a Locker organizer, was started by Greg Cronin, and Stephen Coachys. The company’s launch date is unknown. As of April 2024, LockerBone’s net worth is $2 Million. We can not be sure whether their sales have increased or decreased in recent years.
On January 17, 2014, they appeared on Season 5 of Shark Tank USA and made a deal with Lori Greiner, and Robert Herjavec, for $175,000 in exchange for 50% of equity. The final valuation was $350,000, down from the founder’s initial estimate of $1.75 Million.
LockerBones is still in business, their products are available on the website and Amazon.
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LockerBones Net Worth
Net worth | $2 Million (2024) |
Annual Sales Revenue | <$5 million |
Profits | – |
Lifetime sales | – |
Investors | Lori Greiner, Robert Herjavec |
Founders | Greg Cronin, Stephen Coaches |
Employees | 25 to 50 |
LockerBones Net Worth Timeline
Net Worth 2024 | $2 Million |
Net Worth 2023 | $1.75 Million |
Net Worth 2022 | $1.25 Million |
Net worth valuation in 2014 after appearing on Shark Tank | $350,000 |
Net worth valuation in 2014 before appearing on Shark Tank | $1.75 Million |
LockerBones Pitch on Shark Tank
Company name | LockerBones |
Product | Locker organizer |
Episode | Season 05 Episode 14 |
Founders | Greg Cronin, Stephen Coachys |
Asked for | $175,000 in exchange for 10% equity |
Final deal | $175,000 in exchange for 50%, divided equally among Lori and Robert |
Sharks | Lori Greiner, Robert Herjavec |
Location | Clinton, Mississippi |
Don’t miss these products from Season 5
LockerBones Founders
LockerBones was founded by Greg Cronin and Stephen Coachys. The company’s launch date is unknown. Greg Cronin is a serial entrepreneur. They are very smart investors and entrepreneurs. LockerBones’s founders, Greg Cronin, and Stephen Coachys has a combined net worth of $100K as of 2024.
Key accomplishments
Year | Accomplishment |
2023 | LockerBones expanded its product lines to organizers and accessories |
2014 | LockerBones was pitched on Shark Tank |
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 LockerBones and its continued success.