Shark-Tank-US-Net-worth-UpdatePhoneSoap

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
InvestorLori Greiner
FoundersDan Barnes and Wes Laporte
Employees90

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 namePhoneSoap
ProductCell phone sanitizer and charger
EpisodeSeason 06 Episode 18
Founders Dan Barnes and Wes Laporte
Asked for$300,000 for 7.5% equity
Final deal$300,000 for 10% equity
SharkLori Greiner
LocationUSA

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

YearAccomplishment
2023PhoneSoap’s products are built to tackle the world’s most infamous germs
2015PhoneSoap 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.

ABOUT KESARA BANDARAGODA
Kesara Bandaragoda is a Sri Lankan-born media entrepreneur currently based in Dubai, with a lifelong passion for storytelling, innovation, and all things screen-worthy. Whether it's a mind-bending sci-fi epic or the latest startup pitch on Shark Tank, Kesara is all in. In fact, he was one of the earliest content creators to cover Shark Tank Australia online and has been tracking its businesses, products, and founders since 2019 — long before it was cool.

Kesara is the visionary CEO behind BrandFactory, a digital media company powering multiple content platforms that reach millions. When he’s not leading a team of creatives, he’s often geeking out over Marvel and DC universes, decoding Spielberg's directorial magic, or revisiting classics like The Shawshank Redemption, Interstellar, and Pirates of the Caribbean (yes, he's a Johnny Depp loyalist).

INDUSTRY FOCUS
Kesara’s writing and content leadership often focus on the intersection of entrepreneurship, entertainment, and emerging digital cultures. He’s particularly passionate about telling stories that celebrate founders, dissect business blueprints from media narratives, and spark curiosity in audiences across the globe.

FAVORITE MEDIA
A sci-fi enthusiast with a taste for high-stakes storytelling, Kesara’s favorite titles range from cerebral time-space odysseys to charismatic pirate adventures. He thrives in content that mixes real-world business insight with the spectacle of entertainment — think Shark Tank meets Black Mirror, with a touch of Marvel heroics.

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