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Square Keg Net Worth 2023 Update (Before & After Shark Tank)

"Square Keg" Net Worth 2023 Update 

Square Keg, fresh drinks on tap, was started by Tim Louks in November 2017. As of August 2023, Square Keg’s net worth is $2 million, and they’re pulling in a whopping $1.4 million in annual revenue. 

In November 2022, they appeared on Season 14 of Shark Tank USA and made a deal with Kevin O’Leary, $300,000 for 20% equity. The final valuation was $1.5 million, down from the founder’s initial estimate of $3 million.

As of August 2023 Square Keg is still in business. You can purchase Monti Kids products online through their ecommerce channels such as their website and Amazon. 

Square Keg Net Worth

Net worth$2 million
Annual Sales Revenue$1.4 million
Profits
Lifetime Sales
Shark Tank InvestorKevin O’Leary
FounderTim Louks
Employees

Square Keg Net Worth Timeline

Net Worth 2023$2 million
Net worth valuation 2022 after appearing on Shark Tank  $1.5 million
Net worth valuation 2022 before appearing on Shark Tank  $3 million

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

Square Keg Founder

Square Keg was founded by Tim Louks in 2017. Born in Detroit, Michigan, he always harboured 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, has a net worth of 350K USD as of 2023.

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.

What do you think?

Written by GAG Team

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