Phoozy, a Thermal and drop-safe cover for mobile devices, was started by Kevin Conway and Josh Inglis in 2016. As of September 2023, Phoozy net worth is $3.2 Million and they’re pulling in a whopping $1.3 million in annual revenue.
On April 2, 2021, they appeared on Season 12 of Shark Tank USA and made a deal with Lori Greiner and Robert Herjavec, for $500,000 for 8% equity with a $1.50 royalty per unit sold until $500,000 is repaid. The final valuation was $6.2 Million, up from the founder’s initial estimate of $5 Million.
Phoozy is still in business as of September 2023. The company has continued to expand its product line through its official website and Amazon.
Phoozy Net Worth
| Net worth | $3.2 Million (2023) |
| Annual Sales Revenue | $1.3 million (2022) |
| Profits | – |
| Lifetime sales | – |
| Investors | Lori Greiner and Robert Herjavec |
| Founders | Kevin Conway and Josh Inglis |
| Employees | 18 |
Phoozy Net Worth Timeline
| Net Worth 2023 | $3.2 Million |
| Net Worth 2022 | $3 Million |
| Net Worth 2021 | $2.5 Million |
| Net Worth 2020 | $2 Million |
| Net worth valuation in 2021 after appearing on Shark Tank | 1.3 million |
| Net worth valuation in 2021 before appearing on Shark Tank | $3.2 Million |
Phoozy Pitch on Shark Tank
| Company name | Phoozy |
| Product | Thermal and drop-safe cover for mobile devices |
| Episode | Season 12 Episode 19 |
| Founders | Kevin Conway and Josh Inglis |
| Asked for | $500,000 for 10% equity |
| Final deal | $500,000 for 8% equity with a $1.50 royalty per unit sold until $500,000 is repaid |
| Sharks | Lori Greiner and Robert Herjavec |
| Location | USA |
Phoozy Founders
Phoozy was founded by Kevin Conway and Josh Inglis in 2016. They want to make a phone case for Adventure More, Worry Less. Kevin Conway and Josh Inglis are both adventure seekers. Phoozy’s founders, Kevin Conway and Josh Inglis, have a net worth of USD 3.2 Million as of 2023.
Key accomplishments:
| Year | Accomplishment |
| 2023 | Phoozy has become a must-have-prone protective cover for adventurers. |
| 2021 | Featured on Shark Tank in 2021 |
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 Spretz and its continued success.