Shark-Tank-US-Net-worth-UpdatexCraft-Drones

xCraft, founded by JD Claridge and Charles Manning, appeared on Shark Tank in 2015, securing a $1.5 million investment from all five sharks for 25% equity. Known for its innovative hybrid drones, the company gained significant attention, raising over $1 million through crowdfunding.

As of 2024, xCraft is valued at approximately $34 million. The business continues to develop advanced drone technology for both consumer and defense markets, including partnerships with major organizations.

Despite facing some challenges in scaling production, xCraft remains active and committed to advancing drone technology.

xCraft Drones Net Worth

Estimated Net worth$34 million (2024)
Annual Sales Revenue$3 million (2024)
Lifetime salesNot publicly available
InvestorsKevin O’Leary, Mark Cuban, Lori Greiner, Daymond John, and Robert Herjavec
FounderJD Claridge
EmployeesNot publicly available

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 products 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 an approximate net worth of $34 million as of 2024.

Key accomplishments

YearAccomplishment
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).

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 xCraft Drones and its continued success.

ABOUT KESARA BANDARAGODA
Kesara Bandaragoda is a Sri Lankan-born media entrepreneur currently based in Dubai, with a lifelong passion for storytelling, innovation, and all things screen-worthy. Whether it's a mind-bending sci-fi epic or the latest startup pitch on Shark Tank, Kesara is all in. In fact, he was one of the earliest content creators to cover Shark Tank Australia online and has been tracking its businesses, products, and founders since 2019 — long before it was cool.

Kesara is the visionary CEO behind BrandFactory, a digital media company powering multiple content platforms that reach millions. When he’s not leading a team of creatives, he’s often geeking out over Marvel and DC universes, decoding Spielberg's directorial magic, or revisiting classics like The Shawshank Redemption, Interstellar, and Pirates of the Caribbean (yes, he's a Johnny Depp loyalist).

INDUSTRY FOCUS
Kesara’s writing and content leadership often focus on the intersection of entrepreneurship, entertainment, and emerging digital cultures. He’s particularly passionate about telling stories that celebrate founders, dissect business blueprints from media narratives, and spark curiosity in audiences across the globe.

FAVORITE MEDIA
A sci-fi enthusiast with a taste for high-stakes storytelling, Kesara’s favorite titles range from cerebral time-space odysseys to charismatic pirate adventures. He thrives in content that mixes real-world business insight with the spectacle of entertainment — think Shark Tank meets Black Mirror, with a touch of Marvel heroics.

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