PentaBlock, a modular building system that gained attention on Shark Tank, impressed with its interlocking blocks designed for easy, versatile construction.
While it didn’t secure a deal on the show, the exposure boosted its visibility, leading to steady sales growth. As of 2024, PentaBlock has expanded its product line and achieved an estimated net worth of around $6.5 million.
With ongoing operations and positive customer feedback, PentaBlock continues to innovate in modular building solutions, focusing on sustainable materials and ease of use for a broad range of construction projects.
Pentablock Net Worth
| Net worth | $6.5 million (2024) |
| Annual Sales Revenue | $5 million (2024) |
| Lifetime sales | Not available |
| Investor | Janine Allis |
| Founder | Joel Norford |
| Employees | 1-10 employees |
Pentablock Pitch on Shark Tank
| Company name | Pentablock |
| Product | A unique interlocking construction block |
| Episode | Season 02 Episode 12 |
| Founder | Joel Norford |
| Asked for | $350,000 for 10% Stake |
| Final deal | $150,000 for 17% Stake + $200k Loan |
| Shark | Janine Allis |
| Location | 263-271 Wells Rd Unit 18, Chelsea Heights, Victoria, 3196, Australia |
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Pentablock Founder
Pentablock was founded by Joel Norford in 2010. During his travelling to Vietnam, he found a key building block in an abandoned structure. Captivated by the idea, he added an extra layer of laminated stone and trademarked Pentablock for the finished product. Pentablock’s founder, Joel Norford , has a net worth of 5 million USD as of 2024.
Key accomplishments
| Year | Accomplishment |
| 2016 | The company appeared on Shark Tank Season 02 Australia and got the deal from Janine Allis. |
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 Pentablock and its continued success.