XTorch, a solar-powered flashlight and phone charger, appeared on Shark Tank in 2021 but didn’t secure a deal. Despite this, the company experienced a surge in orders, selling over 2,000 units shortly after the episode aired.
As of 2024, XTorch is valued at approximately $1 million. The company continues to operate, donating 25% of its profits to charitable organizations. The product maintains a 4.5-star rating on Amazon, reflecting strong customer satisfaction.
XTorch Net Worth
| Estimated Net worth | $1 million (2024) |
| Annual Sales Revenue | $1.5 million (2024) |
| Lifetime sales | $450K |
| Investor | None |
| Founders | Gene Palusky and Keidy Palusky |
| Employees | Below 10 employees |
XTorch Pitch on Shark Tank
| Company name | XTorch |
| Product | Rechargeable solar-powered multi-functional flashlight |
| Episode | Season 12 Episode 22 |
| Founders | Gene Palusky and Keidy Palusky |
| Asked for | $150,000 in exchange for 10% |
| Final deal | No Deal |
| Shark | None |
| Location | USA |
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XTorch Founders
XTorch was founded by Gene Palusky and Keidy Palusky in 2018. Gene and Keidy Palusky, based in Edina, MN, invented XTorch. It’s a solar-powered tool serving as a light, phone charger, and more, addressing light shortages in developing nations. XTorch’s founders, Gene Palusky and Keidy Palusky, have a net worth of 1 million USD as of 2024.
Key accomplishments
| Year | Accomplishment |
| 2020 | Featured in Kare 11, Star Tribune, Pioneer Press, Gear Junkie, Sun Current, and Macalester. |
| 2021 | Featured in Family Handyman. |
| 2023 | Availability in Best Camp Kitchen. |
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 XTorch and its continued success.
