XTorch Net Worth 2024 Update (Before & After Shark Tank)

As of 2024, XTorch reports a net worth of $1 million.
Picture of Shark Tank Geek

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
InvestorNone
FoundersGene Palusky and Keidy Palusky
EmployeesBelow 10 employees

XTorch Pitch on Shark Tank

Company nameXTorch
ProductRechargeable solar-powered multi-functional flashlight
EpisodeSeason 12 Episode 22
Founders Gene Palusky and Keidy Palusky
Asked for$150,000 in exchange for 10%
Final dealNo Deal
SharkNone
LocationUSA

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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

YearAccomplishment
2020Featured in Kare 11, Star Tribune, Pioneer Press, Gear Junkie, Sun Current, and Macalester.
2021Featured in Family Handyman.
2023Availability 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.

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