“Lockstraps” got featured on Shark Tank America on November 25, 2018. It has a net worth of around 4 Million USD as of 2023. Since appearing on Shark Tank, Lockstraps has experienced tremendous growth and success. They have secured additional funding and partnerships, leading to an estimated net worth of 4 Million USD.
Shark Tank is a popular TV show where aspiring entrepreneurs pitch their business ideas to a panel of successful investors, known as “sharks.”
| Lockstraps’ Net worth before appearing on Shark Tank | 1 Million USD (business valuation) |
| Lockstraps’ Current Net Worth (2023) | 4 Million USD |
| Episode | Season 10 Episode 6 |
| Company name | Lockstraps |
| Product | Locking tie-down straps |
| Founder | Jeff Cranny |
| Asked for | $200,000 for 20% Equity |
| Final deal | No deal |
| Shark | No shark |
| Business status | In Business |
| Location | Temecula, California |
Lockstraps’ founder, Jeff Cranny, has a net worth of 4 Million USD as of 2023.
What is Lockstraps?
Lockstraps is locking tie-down straps that are used to secure loads in trucks, trailers, and other vehicles. They are made with a steel cable that is encased in a nylon strap.
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 of Lockstraps and its continued success.