Evp Shark Tank Net Worth (Before and After Shark Tank)

Extreme Vehicle Protection (EVP) appeared on Shark Tank Season 7 and made a deal with Daymond John. The valuation of EVP was $250,000 when it appeared on the show, and the founders, Matthew Harris and Kenny Lerner, asked for $50,000 for 20% equity. However, Daymond John offered them $50,000 for 33.3% equity, and they accepted. Since appearing on Shark Tank, EVP has expanded its product offerings, including windshield hail protection covers, equipment storage, and furniture storage. The net worth of EVP in 2023 is unclear, but it is still in operation as of 2022. Daymond John’s investment in EVP appears to be profitable.

Key Takeaways:

• EVP appeared on Shark Tank and secured a deal with Daymond John.
• The valuation of EVP was $250,000 before the Shark Tank appearance.
• Daymond John offered $50,000 for 33.3% equity in EVP.
• EVP has expanded its product offerings since appearing on Shark Tank.
• The net worth of EVP in 2023 is uncertain, but the company is still in operation.

The Story of Extreme Vehicle Protection and its Founders

Extreme Vehicle Protection (EVP) is a revolutionary system designed to safeguard vehicles from harsh weather conditions, particularly floods. Founded by Matthew Harris and Kenny Lerner, EVP was born out of a shared vision to create a product that could save car owners and insurance companies substantial amounts of money in the event of a hurricane or heavy rainfall. The inspiration for EVP came from a vivid dream that Matthew’s father had about a car cage, which he shared with Kenny, and they decided to turn it into a reality.

Established in 2015, EVP initially focused on protecting vehicles from flood damage. However, recognizing the need for comprehensive protection, the company expanded its range of products to include golf carts, furniture, and even yachts. At the core of EVP’s offering are their large, heavy-duty bags that can be securely sealed to provide unparalleled protection from high winds and rising water levels. Available exclusively through their website, EVP is committed to providing customers with a reliable solution that safeguards their valuable assets.

Matthew Harris and Kenny Lerner’s unwavering dedication and entrepreneurial spirit have propelled EVP’s success. They have transformed their initial concept into a thriving business that addresses a significant problem faced by car owners and insurance providers alike. As EVP continues to grow and evolve, the founders remain committed to expanding their product line and ensuring that their innovative solutions offer the highest level of car and flood protection.

The Story of EVP:

• Founded in 2015 by Matthew Harris and Kenny Lerner
• Inspired by Matthew’s father’s dream about a car cage
• Started as a system to protect vehicles from floods
• Expanded to include other items such as golf carts, furniture, and yachts
• Offers large, heavy-duty bags for protection against high winds and rising water levels
• Exclusive availability through their website

Key Features of EVP:

Product	Description
Vehicle Protection Bags	Large, heavy-duty bags that safeguard vehicles from high winds and floodwaters
Golf Cart Protection Bags	Durable bags designed to protect golf carts from severe weather conditions
Furniture Protection Bags	Specialized bags for storing and protecting furniture during floods or storms
Yacht Protection Bags	Highly secure bags that shield yachts from potential water damage

With a commitment to innovation and a focus on customer needs, Extreme Vehicle Protection has established itself as a leader in the car and flood protection industry. Under the leadership of Matthew Harris and Kenny Lerner, EVP continues to push boundaries, ensuring that individuals and organizations have access to reliable solutions that mitigate the financial and emotional impact of severe weather events.

Update on Extreme Vehicle Protection’s Net Worth and Success After Shark Tank

After their appearance on Shark Tank, Extreme Vehicle Protection (EVP) has experienced significant growth and success. The net worth of EVP has seen a remarkable increase since its pitch on the show. According to the latest data, as of November 2023, EVP’s net worth stands at an impressive $4 million, with an annual sales revenue of $1 million.

During their Shark Tank pitch, EVP had a valuation of $250,000. However, after accepting Daymond John’s investment offer, the valuation dropped to $151,151. Despite this decrease, EVP’s net worth has consistently grown over time, showcasing the company’s continued success.

The founders of Extreme Vehicle Protection, Kenny Lerner and Matthew Harris, have remained at the helm of the company and have been instrumental in its ongoing development. Under their leadership, EVP has expanded its product offerings beyond vehicle protection. The company now provides solutions such as windshield hail protection covers, equipment storage, and furniture storage.

EVP’s success can be attributed to its innovative approach and commitment to meeting customer needs. Today, the company’s products are available for purchase on its website and on Amazon, ensuring accessibility for a wide range of customers. With its impressive net worth and continuous expansion, Extreme Vehicle Protection is undoubtedly a force to be reckoned with in the automotive protection industry.