Tractag is a QR identification tag. This was started by Maree Machin in 2012. Tractag’s net worth was $2 million at the time of their pitch in 2017 based on the $200,000 offer for 10% of the equity of the company.
They appeared in Season 03 of Shark Tank Australia in 2017. But the Sharks were not interested in investing in Tractag.
Although Maree had to leave the show with no deal, she managed to continue Tractag. The appearance on the show gave Tractag more visibility. Thus, it allowed Maree to develop the product over the years. As of January 2024, Tractag has partnered up with thnxtags. You can make a purchase via the company website.
Tractag Net Worth
| Net worth | $2 million, business valuation (2017) |
| Annual Sales Revenue | – |
| Profits | – |
| Lifetime sales | – |
| Investor | – |
| Founder | Maree Machin |
| Employees | <10 |
Tractag Net Worth Timeline
| Net Worth 2024 | Not available |
| Net Worth 2023 | Not available |
| Net worth valuation in 2017 before appearing on Shark Tank | $2 million (business valuation) |
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 2024.
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.
