Clean Bottle Net Worth

Clean Bottle appeared on Shark Tank in 2012 with a valuation of $1.2 million. After an investment by Mark Cuban, the company’s net worth dropped to $750,000. As of 2023, Clean Bottle has an annual revenue of $4 million and a net worth of $4 million.

In December 2018, Clean Bottle was purchased by Split Peak LLC for an undisclosed amount. The company has expanded its product line to include steel tumblers and coffee mugs.

Clean Bottle earned approximately $750,000 in sales following its appearance on Shark Tank[1][3]. The company acquired distribution in several places and earned $70,000 every two weeks.

The simple yet effective product caught Mark Cuban’s attention and he invested $60,000 in the company for an 8% ownership share. His involvement in the sports industry helped boost the company’s sales after his investment.

Clean Bottle is still in business as of November 2021 with an annual revenue of $4 million.

What is a Clean Bottle? Who is the founder of Clean Bottle?

Clean Bottle is a water bottle that can be reused and has two removable ends that make it easier to clean.

David Mayer, who is based in Boston, Massachusetts, is the founder of Clean Bottle. Prior to starting Clean Bottle, he worked for companies such as Goldman Sachs, Juniper Networks, and Cisco.

After realizing that he had used up all his funds on the venture and lacked the funds to market his products, David came up with a unique marketing strategy.

David obtained patents to prevent other companies from copying his design, meaning that the bottles could only be manufactured by his company. He chose the Tour de France as an event that would give Clean Bottle the exposure it needed to succeed.

David even dressed up as the Clean Bottle mascot and appeared with the motorcyclists, which provided Clean Bottle with international attention.

As a result of this strategy, Clean Bottle generated approximately $700,000 in sales, with the company earning $70,000 in two weeks. This also led to the product being stocked in various locations. David sold the company in 2018 and currently serves as the Vice President of Operations and Marketing at AllStripes.

Clean Bottle Shark Tank pitch

During the third season of Shark Tank, Clean Bottle’s founder, David Mayer, presented his business to the Sharks in the hopes of securing a partnership and expanding his company.

Mayer requested $60,000 for a 5% stake in his company, which he valued at $1.2 million. Mayer showcased his Clean Bottle invention, highlighting how the entire bottle is washable due to the removable nozzle.

The Sharks were intrigued by the product, and Mayer revealed that he planned to create a steel bottle line that would cost approximately $60,000.

However, negotiations became intense, and the Sharks attempted to negotiate a deal with Mayer. Eventually, Mark Cuban made the best offer, and Mayer agreed to a deal, leaving the pitch with a partnership.

After appearing on Shark Tank, Clean Bottle experienced significant growth. The deal with Mark Cuban was finalized, and the company now offers a variety of styles in both plastic and stainless steel, as well as accessories to expand its market reach.

The company has also expanded its product line to include steel tumblers and coffee mugs. In December 2018, Clean Bottle was acquired by Split Peak LLC, a private investment company based in Boca Raton, Florida, for an undisclosed amount. As of November 2021, Clean Bottle has an annual revenue of $4 million.

Clean Bottle Shark Tank Updates

Clean Bottle is a water bottle that features removable ends, making it easier to clean than traditional water bottles.

The product was created by entrepreneur Dave Mayer, who took his Clean Bottle to the Tour de France before appearing on Shark Tank. In episode 310 of Shark Tank, Mayer asked for $60,000 in return for 5% equity in his company.

NBA legend Bill Walton even appeared in a Clean Bottle costume to help Mayer pitch his product. Mark Cuban invested $60,000 in Clean Bottle, and the company has experienced explosive growth since appearing on Shark Tank.

Clean Bottle now comes in both plastic and stainless steel, and the company has expanded its product line. Custom printing is also available, making Clean Bottle a great gift idea.

As of 2022, Clean Bottle has an annual revenue of $4 billion and is sold in more than 5,000 stores across six countries. The product has gained immense popularity due to its innovative design and durability, making it perfect for athletes on the go.

Summary Table: KissTixx Shark Tank

ASPECT	DETAILS
Product	Clean Bottle, a water bottle with removable ends for easier cleaning
Founder	David Mayer
Shark Tank Appearance	Season 3, Episode 10
Investment	$60,000 from Mark Cuban for an 8% ownership share
Valuation	$1.2 million pre-investment, $750,000 post-investment
Annual Revenue (as of 2023)	$4 million
Net Worth (as of 2023)	$4 million
Company Status	Acquired by Split Peak LLC in 2018
Product Line	Expanded to include steel tumblers and coffee mugs
Unique Features	Patented design that prevents other companies from copying the product
Marketing Strategy	Tour de France exposure and dressing up as the Clean Bottle mascot
Other	NBA legend Bill Walton appeared in a Clean Bottle costume during the Shark Tank pitch

Net Worth of Clean Bottle

The Clean Bottle company was assessed at $1.2 million during the pitch, but after an investment by Mark Cuban, the value dropped to $750,000. As of 2021, the company’s net worth is estimated to be $10 million.

Clean Bottle FAQs

What Is A Clean Bottle And Its Use?

Clean Bottle is a brand that offers easy-to-clean water bottles with a patented dual-cap system that helps prevent mold.

The Clean Hydration Company, also known as Clean Bottle, builds products that make life easier, including antimicrobial bottles with easy-to-clean caps, ceramic-coated interiors, and vacuum insulation.

All of their reusable drinkware and bottles feature a unique antimicrobial coating to keep germs away.

On the other hand, a wash bottle is a squeeze bottle with a nozzle used to rinse various pieces of laboratory glassware, such as test tubes and round-bottom flasks.

Wash bottles are sealed with a screw-top lid, and when hand pressure is applied to the bottle, the liquid inside becomes pressurized and is forced out of the nozzle into a narrow stream of liquid.

Most wash bottles are made up of polyethylene, which is a flexible solvent-resistant petroleum-based plastic. Wash bottles may be filled with a range of common laboratory solvents and reagents, according to the work to be undertaken.

These include deionized water, detergent solutions, and rinse solvents such as acetone, isopropanol, or ethanol.

Self-cleaning water bottles use UV technology to zap waterborne microbes and keep them out of your drink, regardless of the water source.

The Larq, CrazyCap, and Mahaton all use UV-C light to zap all of the major waterborne pathogens; they’re all stainless steel water bottle options, and all these best self-cleaning bottle choices have automatic cleaning cycles.

How Much Was Clean Bottle Asking On Shark Tank?

During his pitch on Shark Tank Season 3 in 2012, entrepreneur Dave Mayer asked for $60,000 in exchange for a 5% equity stake in his company, Clean Bottle. NBA legend Bill Walton also appeared in a Clean Bottle costume to help with Mayer’s pitch.

In the end, Mayer and Mark Cuban, owner of the Dallas Mavericks, settled for $60,000 in exchange for an 8% equity stake.

Did Clean Bottle Have The Deal?

Yes, Clean Bottle had a deal on Shark Tank. In season 3 episode 1, Dave Mayer brought his already-successful Clean Bottle to the Shark Tank and asked for $60,000 in exchange for a 5% equity stake in his company.

NBA legend Bill Walton also helped with his pitch by wearing a Clean Bottle costume. In the end, Mayer and Mark Cuban settled for $60,000 in exchange for an 8% equity stake.

Clean Bottle was already doing brisk business at the time of its Shark Tank appearance. Mayer founded the company in 2010 and launched the product the following May, right before the Tour de France.

The timing was intentional, and at the Tour, Mayer hired a Clean Bottle mascot to promote the product. Sales soon took off, and the company had already made a sale of $750,000.

Clean Bottle is still in business and has expanded its product line to include stainless steel bottles, square bottles, and custom printing. The company has an annual revenue of $4 million as of 2023. Clean Bottle is sold in more than 5,000 stores across six countries.

What Happened To The Clean Bottle After The Shark Tank?

Clean Bottle is a water bottle that is easier to clean than traditional water bottles. It features a detachable nozzle and an unscrewable cap on the bottom of the bottle as well as the top, allowing for easier access to the bottle’s depths.

The company was founded by Dave Mayer in 2010 and appeared on Shark Tank in 2012 Mayer asked for $60,000 in exchange for a 5% equity stake in his company and received an investment from Mark Cuban for an 8% ownership share.

After appearing on Shark Tank, Clean Bottle’s sales soared. The company expanded its product line with more varieties, colors, features, and quality, which created value and revenue for them.

As of 2022, Clean Bottle has an annual revenue of $4 billion and is sold in more than 5,000 stores across six countries. In December 2018, the company was acquired by Split Peak LLC, a private investment firm based in Boca Raton, FL.

In summary, Clean Bottle has experienced explosive growth since appearing on Shark Tank. The company has expanded its product line and is now sold in more than 5,000 stores across six countries. As of 2022, Clean Bottle has an annual revenue of $4 billion.

What Is The Current Valuation Of Clean Bottle?

Clean Bottle appeared on Shark Tank in 2012 with a valuation of $1.2 million. After an investment by Mark Cuban, the company’s net worth dropped to $750,000. As of 2023, Clean Bottle has an annual revenue of $4 million and a net worth of $4 million.

In December 2018, Clean Bottle was acquired by Split Peak LLC, a private investment company based in Boca Raton, Florida, for an undisclosed amount Mark Cuban’s investment in Clean Bottle increased its value from $750,000 to $4 million in 2021.

Is Clean Bottle Still In Business?

Yes, Clean Bottle is still in business as of 2023, with an annual revenue of $4 million. Clean Bottle was founded in 2010 and created the world’s first sports bottle with a removable, easy-to-clean bottom cap.

The founder came up with the idea after finding a disgusting, moldy science experiment at the bottom of his water bottle. The company appeared on the reality TV show “Shark Tank” in 2012 and received an investment from Mark Cuban.

Clean Bottle expanded its product line after the show to include plastic and stainless steel bottles of various shapes and colors, as well as bottle accessories like filters and fruit infusers.

The company’s parent company, Split Peak LLC, acquired Clean Bottle for an undisclosed amount in 2018.

As of 2022, Clean Bottle has an annual revenue of $4 billion and is sold in more than 5,000 stores across six countries. The company offers a fruit-infusing bottle with a leak-proof silicone gasket and custom printing options.

Clean Bottle has expanded its product line to include steel tumblers and coffee mugs. The company is still looking for investors to help propel the brand into the marketing stratosphere.

What is Clean Bottle’s phone number?

The company can be reached directly at info@cleanbottle.com.

What is the company’s annual revenue?

The company’s annual revenue was $4 million in 2021.

Where are Clean Bottle bottles sold?

Clean Bottle bottles are sold in the US and internationally.

What happened clean bottles?

Split Peak LLC, a private investment business located in Boca Raton, FL, has purchased Clean Designs LLC, the parent company of Clean Bottle. Clean Bottle now provides custom printing as well.

Is my bottles dishwasher safe?

It is conditional. The plastic bottles may be washed in the top rack of a dishwasher. Hand-washing the stainless steel bottles is recommended to guarantee that the vacuum insulation remains intact and effective.

Do your bottles come with a warranty?

Yes! They provide a three-year limited warranty that covers any manufacturing faults; please contact them at warranty@cleanbottle.com for more information. Please bear in mind that this guarantee excludes regular wear and tear.

What is the net worth of David Mayer?

David Mayer was worth around 1.5 million.