Mark Cuban sits with the creators of Beatbox beverages that has an estimated worth of $200 million (Photo by Felicia Graham/Disney General Entertainment Content via Getty Images)
BySavannah YoungLeaders Staff
Savannah Young
News Writer
Savannah Young is a news writer for Leaders Media. Previously, she was a digital reporter for WATE Channel 6 (ABC)...
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Forbes compiled a list of the seven most successful companies to come out of the ABC TV show Shark Tank.
Key Details
- In the last 13 years, more than 600 businesses have received money from celebrity investors on the popular TV show Shark Tank.
- It is estimated the sharks have given around $207 million in funding over the course of the show, and many of the companies have gained huge popularity since.
- The top seven companies from the show, according to Forbes…
- Everly Health: latest valuation of $3.45 billion
- Dude Products: estimated worth of $300 million
- Beatbox Beverages: estimated worth of $200 million
- Blueland: estimated worth of $10 million
- FreePower: estimated worth of over $150 million
- Bombas: estimated worth over $100 million
- Poppi: estimated worth $50 million
Why it’s news
reach success—although many have failed. A considerable number went on to be largely successful.
Forbes compiled a list of seven of the most successful companies that received funding from Shark Tank investors.
One of the highest-grossing companies is Bombas socks, which now has an estimated worth of more than $100 million. The company was on season six of the show in 2014. The company provides a specially made pair for every sock sold to someone experiencing homelessness.
Everly Health is another company that won big from Shark Tank on season nine in 2017. The company sells at-home health tests covering everything from STDs to cholesterol screenings. Everly Health is estimated to be worth around $3.45 billion.
Dude Products, the maker of Dude Wipes, the flushable wipe secured a deal on season seven in 2015. The company has been named one of the biggest stocking stuffers of the past holiday season and is estimated to be worth around $300 million.
Beatbox Beverages landed a deal on season six in 2014 and is now worth around $200 million. The company makes wine-based drinks in a box that looks like a beatbox. For an alcoholic beverage, it lands on the healthier side with only 120 calories with 7 grams of sugar per serving.
Eco-conscious cleaning brand Blueland landed a deal on season 11 in 2019 and is now worth more than $10 million. The company aims to eliminate single-use plastic used for cleaning products and is in Costco, The Container Store, and Bed Bath & Beyond.
Wireless charging company FreePower is worth more than $150 million after securing a deal with the sharks on season 11 in 2019. The company makes wireless chargers that can fuel up multiple devices on any surface.
The last business Forbes named as a top successor was Poppi. A soda alternative company that makes prebiotic sparkling drinks with cider vinegar. The company is worth more than $50 million after reaching a deal on season 10 in 2018.
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As a seasoned expert in the realm of entrepreneurial success stories and business evaluations, I am well-versed in dissecting the intricacies of ventures that have not only survived the rigorous scrutiny of the business world but have thrived, leaving an indelible mark. My extensive knowledge encompasses a range of industries, from innovative products to tech enterprises, providing me with a comprehensive understanding of what it takes to transform a novel idea into a lucrative venture.
Now, turning our attention to the article on Forbes' compilation of the seven most successful companies to emerge from the Shark Tank TV show, it's evident that the landscape of business investment and entrepreneurial achievement is vibrant and dynamic. The Shark Tank platform, where entrepreneurs pitch their ideas to a panel of celebrity investors, has become a breeding ground for noteworthy success stories.
Here are the key concepts and companies mentioned in the article:
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Shark Tank Overview:
- Over the last 13 years, more than 600 businesses have received funding from celebrity investors on Shark Tank.
- The sharks on the show have provided around $207 million in funding to various ventures.
-
Forbes' Top Seven Companies:
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Everly Health:
- Valuation: $3.45 billion.
- Description: Offers at-home health tests covering a range of health parameters.
- Success: Secured funding on season nine in 2017.
-
Dude Products:
- Worth: $300 million.
- Description: Known for Dude Wipes, a flushable wipe.
- Success: Secured a deal on season seven in 2015.
-
Beatbox Beverages:
- Worth: $200 million.
- Description: Produces wine-based drinks in a box resembling a beatbox.
- Success: Secured a deal on season six in 2014.
-
Blueland:
- Worth: $10 million.
- Description: An eco-conscious cleaning brand aiming to eliminate single-use plastic in cleaning products.
- Success: Secured a deal on season 11 in 2019.
-
FreePower:
- Worth: Over $150 million.
- Description: Develops wireless chargers capable of powering multiple devices on any surface.
- Success: Secured a deal on season 11 in 2019.
-
Bombas:
- Worth: Over $100 million.
- Description: Socks company that donates specially made pairs for every sock sold to someone experiencing homelessness.
- Success: Featured on season six in 2014.
-
Poppi:
- Worth: $50 million.
- Description: A soda alternative company producing prebiotic sparkling drinks with cider vinegar.
- Success: Reached a deal on season 10 in 2018.
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Why it's Newsworthy:
- Highlights the success stories of these companies emerging from Shark Tank, showcasing their significant growth and market impact.
- Emphasizes the show's ability to propel businesses to success despite the challenges many face.
This information underscores the diverse range of businesses that have not only secured funding but have flourished, demonstrating the immense potential that strategic investments and exposure can bring to entrepreneurial ventures.
