ProntoBev, created by Alexander Simone, appeared on Shark Tank in 2017, pitching a wine chiller that cools beverages in just 30 seconds. Despite securing a $100,000 deal with Mark Cuban, the deal never closed.
Since its appearance, the company has struggled with production and fulfillment issues, preventing mass scaling. ProntoBev raised over $60,000 on Indiegogo but has since faced challenges in gaining traction. As of 2024, the company remains inactive, with no significant updates on product development or valuation, and its current net worth is unknown due to stalled operations.
ProntoBev Net Worth
| Estimated Net worth | $2 million (2017) Business valuation |
| Annual Sales Revenue | Not available |
| Lifetime sales | Not available |
| Investor | Mark Cuban |
| Founder | Alexander Simone |
| Employees | 600 |
ProntoBev Pitch on Shark Tank
| Company name | ProntoBev |
| Product | 30-second wine chiller |
| Episode | Season 09 Episode 11 |
| Founder | Alexander Simone |
| Asked for | $100,000 for 5% equity |
| Final deal | $100,000 for 25% equity |
| Shark | Mark Cuban |
| Location | Camilleri Buildings, Oratory Street, Naxxar |
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ProntoBev Founder
ProntoBev was founded by Alexander Simone in 2015. He got the idea of Chilling a bottle of wine when he is with a girl drinking at the bar. He gave a lot of effort to chill a wine bottle or other products under 30 seconds. ProntoBev’s founder, Alexander Simone, has an approximate net worth of USD 2 million as of 2024.
Key accomplishments
| Year | Accomplishment |
| 2017 | ProntoBev appeared on Shark tank and secured a deal with Mark Cuban. |
Conclusion
Some companies that appear on the show have not achieved great success, and the ProntoBev is one of them. Sometimes businesses don’t succeed for many reasons. Sometimes, the deal falls through after the founders say yes on camera. Or, as you’ll see, sometimes things happen to the founders themselves, and they choose to abandon the business. Anything is possible. However, ProntoBev went out of business in 2015. And the product is no longer available in the market.