EyeBloc Shark Tank Net Worth 2023
It’s probable that EyeBloc’s net worth has gone up after its appearance on Shark Tank, where it received a valuation of $500,000.
The company seems to be doing well financially, with reported annual revenue of $5 million in 2021, indicating that its net worth has probably increased. As of 2023, EyeBloc’s estimated net worth is approximately $6 million USD.
What is EyeBloc? Who is the founder of EyeBloc?
EyeBloc is a technology company established by C.J. Isakow in 2013, with a focus on creating solutions that safeguard individuals’ privacy and data. EyeBloc offers a variety of products, including the EyeBloc Webcam for MacBook, Nanobloc Universal Webcam Cover, and Databloc Data-Blocking USB Adapter.
Their primary product is a sliding cover that can be easily placed over the webcam lens to prevent unauthorized access.
These products can be purchased directly through the company’s website or on Amazon, as well as through B2B distributors such as CDW.com, which caters to businesses and government organizations.
C.J. Isakow, the founder, holds an MBA from Wharton and has a diverse background that includes founding Shift.com, consulting at McKinsey & Company, and working in finance at Airbnb before establishing EyeBloc.
What Happened to EyeBloc at Shark Tank pitch?
C.J. Isakow, who founded EyeBloc, appeared on an episode of Shark Tank during Season 5 to present his company. He asked for a $50,000 investment in exchange for a 10% stake in his business, which he valued at $500,000.
Isakow explained that EyeBloc is a webcam cover that can easily be placed over the camera to protect against hacking. Unfortunately, the Sharks were not impressed with the product or its sales. Mark Cuban argued that competition included simple, makeshift solutions like post-it notes, while Lori Greiner and Robert Herjavec felt that the product was too expensive and that simpler alternatives were available.
Daymond John, who is an expert in cybersecurity, also chose not to invest. Kevin O’Leary was the last Shark to exit, and ultimately, C.J. left the Shark Tank without a deal.
After appearing on Shark Tank, EyeBloc struggled to gain momentum in the market. Consumers were unwilling to pay $10 for a webcam cover when simple solutions like tape were available. Consequently, the company’s social media accounts were deactivated, and the product was no longer sold on Amazon.
However, in 2017, C.J. Isakow managed to revive the company by acquiring another business called SpiShutter, which made magnetic camera covers. He expanded the product line to include UV device cleaners, UV wands, and data blocks. The company primarily distributes to the promotional items market, but it also sells directly to customers on Amazon.
EyeBloc has also signed a license agreement with Kensington and has been selected by Fortune 100 CTOs to come pre-installed on all their computers. As of December 2021, the company reported $5 million in yearly sales.
Competitors of EyeBloc
The main competitors of EyeBloc in the market space are; 3dshoes.com, Angelogalasso.com, Kamui Tips, Progenex, Usmantis and FAF Automotive.
Net Worth of EyeBloc
The net worth of EyeBloc has likely increased since its appearance on Shark Tank, where it was valued at $500,000. With reported yearly revenue of $5 million in 2021, the company appears to be performing well financially, which suggests that its net worth has grown.
EyeBloc FAQs
What is EyeBloc?
EyeBloc is a device that is designed to block the camera lens of an individual’s computer when the camera isn’t being used.
EyeBloc delivers high protection and lets you see clearly while using your computer camera.
Who is the founder?
CJ Isakow is the founder of EyeBloc.
How much was asking on Shark Tank?
C.J. Isakow was seeking for $50,000 for a 10% stake of his EyeBloc.
Did he have the deal?
No, he did not have the deal.
Is EyeBloc still in business?
Yes, EyeBloc is still in business with annual revenue of $5 million as of December 2021.
Who is the CEO?
CJ Isakow is the CEO of EyeBloc.
What types of people use their product?
EyeBloc are designed for individuals that need to conceal a computer camera in a public setting without being noticed by other people.
For example, a teacher who would like to conceal the camera as she gives a lecture or an individual who wants to observe others’ behavior in privacy and without being witnessed by other people.
How much is EyeBloc?
Customers can buy EyeBloc via amazon or on the Official website at a price of $9.99 each and includes free delivery.
What is the size of EyeBloc?
EyeBloc has a size of 2 x 1 x 0.5 inches and weighs 0.5 ounces which makes it portable and easy to carry around when traveling.
How does EyeBloc work?
EyeBloc uses a unique dual-layer design that covers the camera lens. The outer layer is a small grayish/black plastic piece that can be easily concealed behind any object or surface.
How do I buy EyeBloc?
To purchase EyeBloc by visiting their website http://eyebloc.com/ and take advantage of the special discount for 10+ units for $7.99.
What is EyeBloc’s Payment Policy?
Customers can pay by credit card, Cheque or purchase order.
How can I contact EyeBloc?
The best way to get in touch with EyeBloc is by visiting their website http://eyebloc.com/. Their contact details are also available on the site.
What is the net worth of C.J. Isakow?
C.J. Isakow is the founder of EyeBloc and his net worth is unknown.
