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Signal Vault Net Worth 2023 Update (Before & After Shark Tank)

Shark-Tank-US-Net-worth-UpdateSignal-Vault

Signal Vault, which protects your credit and debit card info from being stolen, was started by Chris Gilpin in September 2013. As of November 2023, Signal Vault net worth is $5 million. And they’re pulling in a whopping $1 million  in annual revenue. 

In October 2015, they appeared on season 7 of Shark Tank USA. And made a deal with Lori Greiner and Robert Herjavec, for $200,000 for 25% of equity. The final valuation was $800,000, down from the founder’s initial estimate of $1.6 million.

Signal Vault is still in business. Their website is active and they are selling their products on Amazon and other retailers. The company has since grown significantly and its products are now used by millions of people around the world. To know more details about their business, visit their official website.

Signal Vault Net Worth

Net worth$5 million (2023)
Annual Sales Revenue$1 million (2023)
ProfitsNot publicly available
Lifetime salesNot publicly available
InvestorLori Greiner and Robert Herjavec
FounderChris Gilpin 
EmployeesNot publicly Available

Signal Vault Net Worth Timeline

Net Worth 2023$5 million 
Net Worth 2022$5 million 
Net worth valuation 2015 after appearing on Shark Tank  $800,000
Net worth valuation 2015 before appearing on Shark Tank  $1.6 million

Signal Vault Pitch on Shark Tank

Company nameSignal Vault
ProductProtects your credit and debit card info from being stolen
EpisodeSeason 7 Episode 2
Founder Chris Gilpin
Asked for$200,000 for 12.5% Equity
Final deal$200,000 for 25% Equity 
SharksLori Greiner and Robert Herjavec
LocationSanford, Florida

Don’t miss these product from Season 07

Signal Vault Founder

Chris Gilpin found Signal Vault in 2013. Gilpin is a self-taught inventor and entrepreneur who has been featured on Shark Tank and other popular television shows. Signal Vault’s founder, Chris Gilpin, has a net worth of $4 million as of 2023.

Key accomplishments

YearAccomplishment
2015Appeared on Shark Tank season 7 and Lori Greiner and Robert Herjavec invested $200,000 for 25% Equity 
2017Expanded its product line to include RFID blocking wallets, passport protectors, and key fobs
2018Won the Silver Stevie Award for Fastest-Growing Company of the Year

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 Signal Vault and its continued success.

What do you think?

Written by GAG Team

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