LockerBones, a locker organization system founded by Greg Cronin and Stephen Simms, gained attention after its appearance on Shark Tank in 2014. Although the company secured a deal with Lori Greiner and Robert Herjavec for $175,000 in exchange for 50% equity, the deal eventually fell through.
However, LockerBones benefited from the “Shark Tank effect,” leading to increased visibility and a partnership with Staples for a back-to-school program. As of 2024, LockerBones’ estimated net worth is $943,000, though the company has faced operational challenges and is no longer active, with its website and social media inactive since 2018.
LockerBones Net Worth
| Estimated Net worth | $943,000 (2024) |
| Annual Sales Revenue | Not available |
| Lifetime sales | Not available |
| Investors | Lori Greiner, Robert Herjavec |
| Founders | Greg Cronin, Stephen Coaches |
| Employees | 25 to 50 |
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’ net worth is unknown as of 2024. However based on the deal it should be above $87,000.
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.