Quikflip-Shark-Tank-US-Net-worth-Update

Quikflip, 2-in-1 quick flipping backpack hero hoodie, was started by Rener Gracie in 2017. As of September 2023, Quikflip net worth is $4 Million and they’re pulling in a whopping $4 Million in annual revenue. 

In May 2019, they appeared on Season 10 of Shark Tank USA and made a deal with Lori Greiner, for $250,000 cash and $250,000 loan for 10% equity. The final valuation was $2.5 Million, down from the founder’s initial estimate of $10 Million.

In September 2023, Quilflip is still in business. You can purchase their products from the company website and other e-commerce channels.

Quikflip Net Worth

Net worth$4 Million
Annual Sales Revenue$4 Million
ProfitsOver $200K
Lifetime SalesNot clearly available
Shark Tank InvestorLori Greiner
FounderRener Gracie
EmployeesOver 25 employees

Quikflip Net Worth Timeline

Net Worth 2023$4 Million
Net Worth 2022$3.7 Million
Net Worth 2021$3.2 Million
Net Worth 2020$3 Million
Net worth valuation 2019 after appearing on Shark Tank  $2.75 Million
Net worth valuation 2019 before appearing on Shark Tank  $10 Million

Quikflip Pitch on Shark Tank

Company nameQuikflip
Product2-in-1 quick flipping backpack hero hoodie
EpisodeSeason 10 Episode 23
FounderRener Gracie
Asked for$500,000 for 5% equity
Final deal$250,000 cash and $250,000 loan for 10% equity
SharkLori Greiner,
LocationTorrance, California, United States.

Quikflip Founder 

Quikflip was founded by Rener Gracie in 2017. Rener tried to spent his life with the most efficient ways to neutralize aggressive context in real life. One thing was  the lack of ways to carry an unworn hoodie. He finally decided to make a 2-in-1 Quick flipping backpack hero hoodie. Quikflip’s founder, Rener Gracie has a net worth of 5 Million USD as of 2023.

Key accomplishments:

YearAccomplishment
2019Appeared on Shark Tank season 10 episode 23.

Named as one of the best inventions on Time Magazine.

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 Quikflip and its continued success.

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