Welcome to this article on Icybreeze’s net worth before and after their appearance on Shark Tank. Icybreeze is a company that specializes in portable ice coolers and air conditioners. Founded in 2014 by Jason Shakleford, Dave Yonce, and Andrew Jenkins, the company has seen significant growth and success over the years. In this article, we will explore Icybreeze’s net worth, their pitch on Shark Tank, and the founders behind the company. Let’s dive in!

Key Takeaways:

  • Icybreeze is a company that offers portable ice coolers and air conditioners.
  • The company’s net worth is $3.6 million as of November 2023.
  • They appeared on Shark Tank in Season 07 but did not secure a deal.
  • The founders of Icybreeze sold the company to Solo Brands in July 2023.
  • Despite not receiving a deal, Icybreeze is still in business under the acquired company.

IcyBreeze Net Worth

As of November 2023, IcyBreeze’s net worth stands at $3.6 million. The company has been able to achieve an impressive annual sales revenue of $3.6 million, with profits amounting to $125,000. This success can be attributed to the growing popularity and demand for their portable ice cooler and air conditioner.

Over the years, IcyBreeze has experienced a steady increase in net worth, starting with a valuation of $1 million before their appearance on Shark Tank in 2016. Their innovative product has resonated with consumers, allowing them to carve out a significant market share in the industry.

By offering a unique solution to combat heat during outdoor activities, IcyBreeze has captured the attention and trust of customers, resulting in substantial financial growth. With their net worth continuing to rise, it’s evident that the company’s dedication to providing a high-quality and practical cooling solution has paid off.

Year Net Worth (in million dollars)
2016 1
2017 1.5
2018 2.2
2019 2.8
2020 3.2
2021 3.5
2022 3.6
2023 3.6

Table: IcyBreeze Net Worth Over the Years

This table provides an overview of IcyBreeze’s net worth progression from 2016 to 2023. It clearly demonstrates the consistent growth of the company’s net worth, showcasing their financial success and stability in the market.

IcyBreeze Pitch on Shark Tank

In Season 07 Episode 15 of Shark Tank, the founders of IcyBreeze, Jason Shakleford, Dave Yonce, and Andrew Jenkins, stepped into the tank to pitch their innovative portable ice cooler and air conditioner. Seeking a $50,000 investment in exchange for 5% equity in the company, they hoped to secure a deal that would help propel their product to new heights.

During their pitch, the Sharks expressed concerns about the pricing, market size, and practicality of the IcyBreeze product. Despite their impressive net worth of $3.6 million as of November 2023, the Sharks decided not to invest in the company.

Reasons for No Deal

The Sharks were not convinced of the market potential for IcyBreeze, fearing that the pricing may hinder widespread adoption. Additionally, they questioned the practicality of the product in various outdoor scenarios and whether it could truly meet the needs of consumers looking for portable cooling solutions.

Although the founders did not secure a deal on Shark Tank, they remained determined to make IcyBreeze a success. They continued to operate and market the product, incorporating valuable feedback from both the show and consumers to make improvements and refine their offering.

Founder Title
Jason Shakleford Co-founder
Dave Yonce Co-founder
Andrew Jenkins Co-founder

IcyBreeze Founders

Let’s take a closer look at the individuals behind the innovative creation of IcyBreeze. The founders of this portable ice cooler and air conditioner are Jason Shakleford, Dave Yonce, and Andrew Jenkins. Together, they embarked on this venture in 2014, driven by a shared passion for providing a solution to beat the heat.

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The initial spark for IcyBreeze came from Dave Yonce, who found himself camping with his children in scorching temperatures. Determined to find relief from the sweltering heat, Dave’s ingenuity led to the development of this unique product.

As of 2023, the individual net worths of the founders have not been publicly disclosed. However, their dedication and commitment to IcyBreeze have remained unwavering. Despite not securing a deal on Shark Tank, they continued to refine and market the product, incorporating valuable feedback from the show and consumers.

FAQ

What is the net worth of IcyBreeze?

As of November 2023, IcyBreeze’s net worth is $3.6 million.

What is the annual revenue of IcyBreeze?

IcyBreeze has an annual sales revenue of $3.6 million.

Did IcyBreeze receive a deal on Shark Tank?

No, IcyBreeze did not receive a deal on Shark Tank.

Who are the founders of IcyBreeze?

IcyBreeze was founded by Jason Shakleford, Dave Yonce, and Andrew Jenkins in 2014.

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