Kevin Conway and Josh Inglis created Phoozy to protect phones from extreme temperatures using NASA-inspired materials. They pitched their idea on Shark Tank in 2021, securing a $500,000 deal with Lori Greiner and Robert Herjavec.
This exposure led to a 400% increase in sales and expanded their product line. Therefore, Phoozy’s net worth grew to $3.2 million by 2023, and the company continues to thrive, with products sold by major retailers like REI and Amazon.
This article will explore Phoozy’s journey, from its inception to its recent growth, and what’s next for the innovative brand
Phoozy Net Worth
Net worth | $6 million (2024) |
Annual Sales Revenue | $4-5 million (2023) |
Investors | Lori Greiner and Robert Herjavec |
Founders | Kevin Conway and Josh Inglis |
Employees | 18 |
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 2024.
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.