ViperClip Net Worth is estimated at £1.6M in 2025 as the founders, Davy Gray and Julie Ann Gray, revolutionized the industry with their product after facing rejection on Dragon’s Den. When ViperClip first appeared on Dragon’s Den, it turned heads with a simple question: Why are electricians still hammering in cable clips one by one?
The founders pitched a tool that could fasten clips in seconds using a battery-powered gun — a game-changer for the trade industry. But despite multiple offers, the deal never closed. And that’s where the story really begins.
In this article, we’ll explore ViperClip net worth, what happened after the show, how the product performs in the real world, and whether this clever invention built by an electrician is now a thriving business — or just a great idea that faded away.
ViperClip Net Worth: 2025 Estimate
As of 2025, ViperClip’s net worth is estimated at £1.6 million.
This estimate is based on:
- Over £350,000 in post-show funding
- Confirmed revenue activity since 2022
- Established distribution through major UK wholesalers like Toolstation and City Electrical Factors
How This Estimate Was Calculated:
Understand Viper Clip’s Financial Starting Point
Viper Clip has raised money and started selling its product, which gives us clues about its value:
- Money Raised: Viper Clip raised £550,000 in total (about $718,000 converted at 1.3 USD/GBP), including £350,000 in 2020 from investors (Halo Business Angel Network and Co-Fund NI) and earlier grants.
- Old Valuation: In 2020, on Dragon’s Den, they asked for £80,000 for 15% of the company, meaning the whole company was worth £533,333 (£80,000 ÷ 0.15). The £350,000 investment likely increased this value, as investors got a share of the company.
- Sales: Since 2022, Viper Clip has been making money by selling its cable clip system through big UK wholesalers like Toolstation and City Electrical Factors. We don’t know exact sales numbers, but their growth suggests they’re doing well. Source: Electrical Trade Magazine
What This Means: The £550,000 raised and sales since 2022 show Viper Clip is a growing business, likely worth more than £533,333 today. We’ll use this as a starting point.
Estimate How Much Money Viper Clip Makes
Since we don’t have exact sales figures (because Viper Clip’s financial reports are private), we’ll make an educated guess based on their business activity:
- Growth Clue: Viper Clip moved from “micro” to “full” financial reports by 2023, meaning their sales likely passed £632,000 per year (a UK threshold for small businesses). Source: GOV.UK
- Sales Channels: They sell through major wholesalers and their website, reaching thousands of electricians. Their products (e.g., £230–£289 clip guns, £8–£108 clip boxes) suggest they could sell a lot of units.
- Guess: Let’s assume Viper Clip makes £750,000 in sales per year by 2025. This is a middle ground, considering they’re beyond £632,000 but not a huge company yet (they have only 2 employees).
What This Means: £750,000 in yearly sales is a reasonable estimate based on their growth and market presence. It’s not too high or too low.
Turn Sales into Company Value
Businesses like Viper Clip (small companies making tools for electricians) are often valued by multiplying their sales by a number called a “multiple.” This multiple depends on how fast they’re growing and their market:
- Typical Multiple: For small tool companies, the multiple is usually 1.5 to 2 times sales, because their market (electricians) is steady but not huge.
- Chosen Multiple: Let’s use 1.8 as a middle-ground multiple. It’s conservative but reflects Viper Clip’s growth through wholesalers and awards like INVENT 2018. Source: Irish Times
- Calculation: £750,000 (sales) × 1.8 = £1,350,000
What This Means: If Viper Clip makes £750,000 a year, its value is about £1.35 million, based on how similar businesses are valued.
Adjust for Special Strengths
Viper Clip has some unique advantages that might make it worth a bit more:
- Big Retail Partners: Selling through Toolstation, City Electrical Factors, and others shows they’re trusted in the industry, which boosts value.
- Innovation: Their patented clips and fire-safety features (certified to BS EN 50200:2015) make them stand out.
- Awards: Winning INVENT 2018 and other competitions adds credibility.
- Adjustment: Add a 20% boost to the value to account for these strengths. This is like saying, “They’re a bit better than average, so let’s increase the value slightly.”
- £1,350,000 × 1.2 = £1,620,000
What This Means: Viper Clip’s strong partnerships and innovation make Viral Clip’s net worth at an estimated £1.62 million.
Ongoing product development and international expansion plans
The company doesn’t publish exact revenue figures, but its growth in distribution, full exemption filings, and product adoption rate strongly support this valuation.
What Is ViperClip?
ViperClip is a fastening system designed by electricians, for electricians.
It replaces manual hammer-in cable clips with battery-powered clip guns and insulated cable clips that are compliant with the 18th Edition wiring regulations (BS 7671). The clips are available in both standard and fire-rated formats, helping professionals install cables faster and more safely.
Each clip is guided precisely into place, preventing cable damage, and the ViperClip Gun can fire more than 1000 clips on a single battery charge.
ViperClip on Dragon’s Den: What Really Happened?
In 2020, founders Davy Gray and Julie Ann Gray entered Dragon’s Den seeking £80,000 for a 15% equity stake, giving ViperClip a valuation of £533,333.
Despite facing tough questions, four Dragons made offers. Davy accepted an offer from Deborah Meaden.
However, the deal did not go through after filming. This isn’t uncommon on the show, but it led many to wonder what happened next.
ViperClip Investment and Growth After Dragon’s Den
Even though the Dragon’s Den deal fell through, the exposure worked in the company’s favor.
Shortly after the episode aired, ViperClip secured £350,000 in investment, broken down as:
- £250,000 from the Halo Business Angel Network
- £100,000 from Co-Fund NI
In total, ViperClip has raised over $718,000, including grants and angel investments. This allowed the team to scale manufacturing, finalize the product design, and enter wholesale channels.
This is a key moment in ViperClip’s business update — the company turned rejection into resilience.
Meet the ViperClip Founders
Davy Gray, an experienced electrician, and Julie Ann Gray, his wife, brought in business strategy, came up with the idea after years of frustration with hammering cable clips into place.
Julie Ann Gray, his wife, brought in business strategy, funding skills, and commercial experience from her background as a consultant and director in the ticketing industry.
Together, they built a product and brand that speaks directly to the trade industry’s needs.
Their complementary skills created a founding team that could deliver both innovation and market readiness — a core part of their ViperClip valuation story.
How the Product Works (And Why It’s Catching On)
ViperClip’s cable clip system includes:
- Clips in 3 common sizes for UK twin and earth cables (1.0–1.5mm², 2.5mm², 4.0–6.0mm²)
- Standard and fire-rated versions (BASEC certified to BS EN 50200:2015)
- Battery-powered stapler gun holding 25 clips per cartridge
- Fire safety features, including steel bridges for fire-rated clips
- Electricians can fasten clips every 2 seconds, making it a major time-saver.
It also reduces injury risks associated with repeated hammering, a significant reason it’s gaining traction with professionals.
Where Is ViperClip Sold?
ViperClip products are available:
- Directly from viper-clip.com
Through leading electrical wholesalers such as:
- Toolstation
- City Electrical Factors
- Edmundson Electric
- ESSS Electrical
These partnerships are important indicators of commercial success and contribute to the Viper Clip revenue forecast.
What’s Next for ViperClip?
Viper Clip is preparing to:
- Launch clips for more cable types and shapes
- Expand into Ireland, Australia, New Zealand, the US, and Europe
- Explore new fastening tools beyond electrical applications
These forward-looking plans suggest the Viper Clip business update is just beginning — and growth could push its net worth even higher in the next 2–3 years.
FAQs
As of 2025, Viper Clip’s estimated net worth is £1.2–£1.6 million, based on confirmed funding and commercial activity.
Halo Business Angel Network and Co-Fund NI invested £350,000.
Yes. Despite no deal with the Dragons, the company secured funding, launched at scale, and is now stocked in major UK wholesalers.
Davy Gray, an electrician, and Julie Ann Gray, a business strategist, co-founded the company.
You can purchase Viper Clip directly at viper-clip.com or from UK wholesalers like Toolstation.
🔹 TL;DR (Too Long; Didn’t Read)
ViperClip’s net worth reached £1.2M–£1.6M in 2025 despite not closing a Dragon’s Den deal. Its growth was powered by smart funding and trade adoption.
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