Qball is a throwable wireless microphone system. This was founded by Shane Cox in 2015. As of November 2023, Qball’s net worth is $3.9 million. They’re pulling in a whopping $1 million in annual revenue.
In 2017, they appeared on Season 09 of Shark Tank USA and made a deal with Mark Cuban, Lori Greiner, and Rohan Oza, for $300,000 for 30% of equity. The final valuation was $1 million, down from the founder’s initial estimate of $1.3 million.
Although Qball secured a deal, it did not get close after the show. However, Shane managed to maintain the business. After the show, Qball integrated with Alexa. As of November 2023, Qball is actively running operations. You can get their products via the company website.
Qball Net Worth
Net worth | $3.9 million (2023) |
Annual Sales Revenue | $1 million (2022) |
Profits | – |
Lifetime sales | $177,000 (2017) |
Investors | Mark Cuban, Lori Greiner, and Rohan Oza |
Founder | Shane Cox |
Employees | – |
Qball Net Worth Timeline
Net Worth 2023 | $3.9 million |
Net Worth 2022 | $3.9 million |
Net worth valuation in 2017 after appearing on Shark Tank | $1 million |
Net worth valuation in 2017 before appearing on Shark Tank | $1.3 million |
Qball Pitch on Shark Tank
Company name | Qball |
Product | A throwable wireless microphone system |
Episode | Season 09 Episode 02 |
Founder | Shane Cox |
Asked for | $200,000 for 15% equity |
Final deal | $300,000 for 30% equity |
Sharks | Mark Cuban, Lori Greiner, and Rohan Oza |
Location | Cary, North Carolina |
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Qball Founder
Shane Cox founded Qball in 2015. Shane is a tech enthusiast and a promising entrepreneur. He is the CEO of Qball and PEEQ Technologies. Qball’s founder Shane Cox’s net worth is unknown as of 2023.
Key accomplishments
Year | Accomplishment |
2017 | Qball got featured in Shark Tank and secured a deal. |
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 Qball and its continued success.