Maree Machin founded Tractag in 2012 to create QR identification tags that help people and businesses track their valuables. She pitched her idea on Shark Tank Australia in 2017, seeking $200,000 for 10% equity.
Although she didn’t secure a deal, the appearance boosted Tractag’s visibility. Therefore, the company partnered with thnxtags and expanded to over 5,700 cities worldwide.
This article explores Tractag’s journey, from its Shark Tank experience to its impressive global growth, and highlights the innovative solutions it continues to offer.
Tractag Net Worth
| Net worth | $2 million (2025) |
| Founder | Maree Machin |
| Employees | <10 |
Tractag Pitch on Shark Tank
| Product | A QR identification tag |
| Episode | Season 03 Episode 04 |
| Founder | Maree Machin |
| Asked for | $200,000 for 10% equity |
| Company name | Tractag |
| Final deal | No deal |
| Shark | No shark |
| Location | Coolum Beach, Queensland |
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Tractag Founder
Maree Machin founded Tractag in 2012. Maree is a Business Development and Philanthropy expert with years of experience. She started her career as Director of Bukaji Consultants.
Currently, Maree is also serving as Manager, Philanthropy and Corporate Partnerships at Life without Barriers. Tractag’s founder Maree Machin’s net worth is unknown as of 2025.
Key accomplishments
| Year | Accomplishment |
| 2017 | Tractag was featured on Shark Tag. |
| 2023 | As of 2023, Tractag is available in over 5700 cities across the world. |
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 Tractag and its continued success.