ZipString, a string Toy, was started by Stephen Fazio and Austin Hillam on August 12, 2021. As of September 2023, ZipString net worth is $1 million, and they’re pulling in a whopping $277K in annual revenue.
In December 2022, they appeared on Season 14 of Shark Tank USA and made a deal with Kevin O’Leary and Robert Herjavec, $100K for a 20% equity. The final valuation was $500K, down from the founder’s initial estimate of $1 million.
As of September 2023 ZipString is still in business. You can purchase ZipString products online through their ecommerce channels such as their website and Amazon.
ZipString Net Worth
|Net worth||$1 million|
|Annual Sales Revenue||$277K|
|Shark Tank Investor||Kevin O’Leary and Robert Herjavec|
|Founder||Stephen Fazio and Austin Hillam|
ZipString Net Worth Timeline
|Net Worth 2023||$1 million|
|Net worth valuation 2022 after appearing on Shark Tank||$500K|
|Net worth valuation 2022 before appearing on Shark Tank||$1 million|
ZipString Pitch on Shark Tank
|Product||Toy makes the strings fly in the air|
|Episode||Season 14 Episode 09|
|Founders||Stephen Fazio and Austin Hillam|
|Asked for||$100K for a 10% equity|
|Final deal||$100K for a 20% equity|
|Sharks||Kevin O’Leary and Robert Herjavec|
|Location||Johns Creek, Georgia, USA|
|2021||In October 2021, they ran a successful Kickstarter campaign and secured $90,000 in funding for their company|
|2022||The company appeared on Shark Tank Season 14 and got the deal from Kevin O’Leary and Robert Herjavec|
ZipString was founded by Stephen Fazio and Austin Hillam in 2021. On August 12, 2021, ZipString gained widespread attention when its creators, Stephen Fazio (22) and Austin Hillam (22), introduced their invention to the public. While perfecting the design, Stephen, Austin, and Austin’s father, Mark, established a workspace where they invented numerous product versions. ZipString’s founders, Stephen Fazio and Austin Hillam, havea net worth of 500K USD as of 2023.
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 ZipString and its continued success.