Chris Gilpin created SignalVault to protect people from credit card data theft using RFID-blocking technology. He pitched it on Shark Tank in 2015 and secured a $200,000 investment from Lori Greiner and Robert Herjavec.
This deal led to $3.2 million in sales within 14 months and helped expand the company’s product line.
Therefore, we’re writing this article to explore SignalVault’s journey after Shark Tank, highlighting how it grew to a $5 million company with its products available online and in major retailers​
Signal Vault Net Worth
| Net worth | $5 million (2024) |
| Annual Sales Revenue | $1 million (2023) |
| Profits | Not publicly available |
| Lifetime sales | Not publicly available |
| Investor | Lori Greiner and Robert Herjavec |
| Founder | Chris Gilpin |
| Employees | Not publicly Available |
Signal Vault Pitch on Shark Tank
| Company name | Signal Vault |
| Product | Protects your credit and debit card info from being stolen |
| Episode | Season 7 Episode 2 |
| Founder | Chris Gilpin |
| Asked for | $200,000 for 12.5% Equity |
| Final deal | $200,000 for 25% Equity |
| Sharks | Lori Greiner and Robert Herjavec |
| Location | Sanford, 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 2024.
Key accomplishments
| Year | Accomplishment |
| 2015 | Appeared on Shark Tank season 7 and Lori Greiner and Robert Herjavec invested $200,000 for 25% Equity |
| 2017 | Expanded its product line to include RFID blocking wallets, passport protectors, and key fobs |
| 2018 | Won 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.
