PhoneSoap Net Worth 2023 Update (Before & After Shark Tank)
PhoneSoap, a Cell phone sanitizer, and charger was started by Dan Barnes and Wes Laporte in 2012. As of November 2023, PhoneSoap’s net worth is $13.5 million and they’re pulling in a whopping $24.4 Million in annual revenue.
On January 30, 2015, they appeared on Season 6 of Shark Tank USA and made a deal with Lori Greiner, for $300,000 for 10% equity. The final valuation was $3 Million, down from the founder’s initial estimate of $4 Million.
PhoneSoap is still in business. Their products are available on the official website and Amazon.
PhoneSoap Net Worth
| Net worth | $13.5 million (2023) |
| Annual Sales Revenue | $24.4 Million (2022) |
| Profits | – |
| Lifetime sales | $187 million |
| Investor | Lori Greiner |
| Founders | Dan Barnes and Wes Laporte |
| Employees | 90 |
PhoneSoap Net Worth Timeline
| Net Worth 2023 | $13.5 million |
| Net Worth 2022 | $11 million |
| Net Worth 2021 | $8.5 million |
| Net Worth 2020 | $7 million |
| Net worth valuation in 2015 after appearing on Shark Tank | $3 Million |
| Net worth valuation in 2015 before appearing on Shark Tank | $4 Million |
PhoneSoap Pitch on Shark Tank
| Company name | PhoneSoap |
| Product | Cell phone sanitizer and charger |
| Episode | Season 06 Episode 18 |
| Founders | Dan Barnes and Wes Laporte |
| Asked for | $300,000 for 7.5% equity |
| Final deal | $300,000 for 10% equity |
| Shark | Lori Greiner |
| Location | USA |
Don’t miss these products from Season 06
PhoneSoap Founders
PhoneSoap was founded by Dan Barnes and Wes Laporte in 2012. They got the idea for PhoneSoap after seeing TV news that cell phones were contaminated. They are passionate about their business. PhoneSoap’s founders, Dan Barnes and Wes Laporte net worth is unknown as of 2023.
Key accomplishments
| Year | Accomplishment |
| 2023 | PhoneSoap’s products are built to tackle the world’s most infamous germs |
| 2015 | PhoneSoap appeared 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 of PhoneSoap and its continued success.
