"Square Keg" Net Worth 2023 Update 

SquareKeg, founded by Tim Louks in 2017, gained significant traction after its appearance on Shark Tank in November 2022. Kevin O’Leary invested $300,000 for 20% equity, valuing the company at $1.5 million at the time.

The exposure from the show boosted SquareKeg’s sales. As of 2024, the company is valued at $2 million and generates $3.5 million annually. SquareKeg remains in business, selling its innovative mini-kegs through its website and Amazon. 

Square Keg Net Worth

Estimated Net worth$2 million (2024)
Annual Sales Revenue$3.5 million (2024)
Lifetime SalesNot available
Shark Tank InvestorKevin O’Leary
FounderTim Louks
EmployeesNot available

Square Keg Pitch on Shark Tank

Company nameSquare Keg
ProductBeverage containment solutions for craft beer
EpisodeSeason 14 Episode 06
FounderTim Louks
Asked for$300K for a 10% equity
Final deal$300K for a 20% equity
SharkKevin O’Leary
LocationSpokane, Washington

Don’t miss these products from Season 14

Square Keg Founder

Square Keg was founded by Tim Louks in 2017. Born in Detroit, Michigan, he always harbored an ambition to achieve something remarkable that could positively impact thousands of people. With three children, fast forward seven years, he earned a bachelor’s degree from Eastern Washington University. Square Keg’s founder, Tim Louks’ net worth is unknown as of 2024. However, based on the deal, it should be around $250,00.

Key accomplishments

YearAccomplishment
2022The company appeared on Shark Tank Season 14 and got the deal from Kevin O’Leary.
2023As of August 2023, The company reached $1.4 million in annual revenue.

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 Square Keg and its continued success.

ABOUT KESARA BANDARAGODA
Kesara Bandaragoda is a Sri Lankan-born media entrepreneur currently based in Dubai, with a lifelong passion for storytelling, innovation, and all things screen-worthy. Whether it's a mind-bending sci-fi epic or the latest startup pitch on Shark Tank, Kesara is all in. In fact, he was one of the earliest content creators to cover Shark Tank Australia online and has been tracking its businesses, products, and founders since 2019 — long before it was cool.

Kesara is the visionary CEO behind BrandFactory, a digital media company powering multiple content platforms that reach millions. When he’s not leading a team of creatives, he’s often geeking out over Marvel and DC universes, decoding Spielberg's directorial magic, or revisiting classics like The Shawshank Redemption, Interstellar, and Pirates of the Caribbean (yes, he's a Johnny Depp loyalist).

INDUSTRY FOCUS
Kesara’s writing and content leadership often focus on the intersection of entrepreneurship, entertainment, and emerging digital cultures. He’s particularly passionate about telling stories that celebrate founders, dissect business blueprints from media narratives, and spark curiosity in audiences across the globe.

FAVORITE MEDIA
A sci-fi enthusiast with a taste for high-stakes storytelling, Kesara’s favorite titles range from cerebral time-space odysseys to charismatic pirate adventures. He thrives in content that mixes real-world business insight with the spectacle of entertainment — think Shark Tank meets Black Mirror, with a touch of Marvel heroics.

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