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Tail Lightz Net Worth 2023 Update (Before & After Shark Tank)

"Tail Lightz" Net Worth 2023 Update

Tail Lightz, LED light embroidery designs, was started by Kyle Rainey in 2000. Tail Lightz net worth was $100,000 at the time of their pitch in 2012 based on the $50,000 offer for an 50% of equity of the company. 

They appeared on season 03 of Shark Tank USA in 2012. But the Sharks were not interested in investing in Tail Lightz. The sharks thought that this was too high of a price for a product that was not essential.

Tail Lightz is no longer in business. Additionally, there are no recent news articles or press releases about the company.

Tail Lightz Net Worth

Net worth$ 100,000 (2012)
Annual Sales Revenue
Profits
Lifetime sales
InvestorNone
FounderKyle Rainey
Employees

Tail Lightz Net Worth Timeline

Net Worth 2023
Net Worth 2022
Net worth valuation 2012 after appearing on Shark Tank  $100,000
Net worth valuation 2012 before appearing on Shark Tank  $100,000

Tail Lightz Pitch on Shark Tank

ProductLED light embroidery designs
EpisodeSeason 03 Episode 04
Founder Kyle Rainey
Asked for$50,000 for 50% Equity
Company nameTail Lightz
Final dealNone
Shark None
LocationUSA

Don’t miss these product from Season 03

Tail Lightz Founder

Kyle Rainey found Tail Lightz in 2000. The networth of Tail Lightz’s founder, Kyle Rainey, is unknown as of 2023.

Key accomplishments

YearAccomplishment
2012Appeared on Shark Tank season 03

Conclusion

Some companies that appear on the show have not achieved great success, and the Tail Lightz was one of them. Sometimes businesses don’t succeed because of many reasons. Sometimes, the deal falls through after the founders say yes on camera. Or, as you’ll see, sometimes things happen to the founders themselves, and they choose to abandon the business. Anything is possible. However,  Tail Lightz went out of business in 2015. And the product is no longer available in the market.

What do you think?

Written by GAG Team

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