Here, we shall discuss what LARQ Net Worth after Shark Tank is. In case you are unaware, LARQ is the first self-cleaning water bottle, invented ever. It helps users to reach their respective hydration targets. The best part of using these bottles is that it eliminates and makes them free from any bacteria and viruses already present earlier. In addition to this, LARQ bottles use non-toxic mercury-free UV-C LED technology for purifying the water, and eventually making it worth drinking. It is always very much important to ensure that we are drinking clean water.
The purity level depends though, and it varies a lot. LARQ makes it 99.9% pure, free from any germs. Many of you may think, that having these benefits will surely decrease the appearance or the look of the bottle. Well, that’s a wrong thought and you are badly mistaken. LARQ has made a splash, even with its outlook, since the time the brand has been launched. More precisely, it was back in 2018.
LARQ’s co-founder, Justin Wang appeared on Shark Tank Season 12. After that, he started feeling the heat of the brand. Let’s dive into this piece to learn LARQ Net Worth after Shark Tank. The revenue is believed to have increased by a huge percentage. How much is it?
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LARQ Net Worth After Shark Tank Revealed
Talking about the brand’s monetary accumulation, LARQ Net Worth after Shark Tank, in 2022 is estimated to be $50 million. On the other hand, the brand’s revenue this year is likely to hit $30 million. Isn’t it crazily huge?
As mentioned above, Justin Wang appeared in Season 12 of the show, asking $500,000 for a single percentage of the stake. That eventually made the LARQ brand make the highest offer in the history of Shark Tank. With its high charge, he said, “For the first 30 seconds, the Sharks were in disbelief. All they kept saying was, ‘You gotta be kidding me.’” However, the final deal was then made with $1.4 million for r 4% stake. The brand owner also shared that people were initially very much skeptical about paying $95 for a bottle. LARQ’s Net Worth in the first three years of its launch is reported to be $5.5 million, $9 million, and $14 million respectively. Over the years, the sale has been increased, despite the rise in prices. This is more because people have learned the value of the LARQ self-cleaning water bottles and the benefits of their usage.
At present, the brand sells three types of products. They are named The LARQ Bottle PureVis, LARQ Pitcher PureV, and LARQ Bottle Filtered, respectively. After knowing all about the benefits from here, if you are willing to purchase LARQ bottles, you can easily get them from Amazon. It’s worth buying!
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