xCraft Drones, customized unmanned aerial systems – drones, was started by JD Claridge in 2014. As of March 2024, xCraft Drones net worth is $17 million and they’re pulling in a whopping $1 million in annual revenue. 

In October 2015, they appeared on season 7 of Shark Tank USA and made a deal with Kevin O’Leary, Mark Cuban, Lori Greiner, Daymond John, and Robert Herjavec, for $1.5 million for 25% of equity. The final valuation was $6 million, up from the founder’s initial estimate of $2.5 million.

xCraft Drones is still in business. xCraft Drones is a leading manufacturer of hybrid drones. The company’s drones are known for their long range, high speed, and vertical takeoff and landing capabilities. xCraft Drones are used by a variety of customers, including commercial photographers, videographers, and land surveyors. To know further details, visit their official website.

xCraft Drones Net Worth

Net worth$17 million (2023)
Annual Sales Revenue$1 million (2024)
ProfitsNot publicly available
Lifetime salesNot publicly available
InvestorKevin O’Leary, Mark Cuban, Lori Greiner, Daymond John, and Robert Herjavec
FounderJD Claridge
EmployeesNot publicly available

xCraft Drones Net Worth Timeline

Net Worth 2023$17 million
Net Worth 2022$17 million
Net worth valuation 2015 after appearing on Shark Tank  $6 million
Net worth valuation 2015 before appearing on Shark Tank  $2.5 million

xCraft Drones Pitch on Shark Tank

Company namexCraft Drones
ProductCustomized unmanned aerial systems – drones
EpisodeSeason 7 Episode 5
Founders JD Claridge
Asked for$500,000 for 20% Equity
Final deal$1.5 million for 25% Equity 
SharksKevin O’Leary, Mark Cuban, Lori Greiner, Daymond John, and Robert Herjavec
LocationCoeur D Alene, Idaho, United States

Don’t miss these product from Season 07

xCraft Drones Founder

xCraft Drones was founded by JD Claridge in 2014. JD Claridge is the CEO and President of xCraft Drones. He has a passion for flight and innovation. And he has been building and flying drones since he was a child. Claridge is also a licensed pilot and a graduate of the Embry-Riddle Aeronautical University. XCraft Drones’s founder, JD Claridge, has a net worth of $13 million as of 2023.

Key accomplishments

2015Appeared on Shark Tank season 7 and  all sharks invested $1.5 million for 25% Equity 
2019Partnered with the US Forest Service to develop and deploy drones for firefighting and disaster response.
2022Received the “Drone of the Year” award from the Consumer Electronics Show (CES).


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 xCraft Drones and its continued success.

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