Seventy2 Shark Tank Net Worth 2023
The founders of The Seventy2, Christian Schauf and Mike Escamilla, have a net worth of $5.4 million as of 2022.
The company has annual revenue of over $1 million, and its valuation was $2 million after an investment by Robert Herjavec on Shark Tank.
It is still in business and sells a survival kit designed for two people in addition to the original kit designed for one person.
What is Seventy2? Who is the founder of Seventy2?
The Seventy2 is a survival backpack designed to last for 72 hours, which is typically the length of time that most disasters are expected to be managed within.
The company worked closely with survival experts to create this 72-hour survival kit, which they refer to as a “survival system,” as they believe it could mean the difference between life and death.
The company collaborated extensively with various professionals, including first responders, physicians, special operations forces operators, and mountain guides, to develop what they believe is the world’s greatest 72-hour survival kit. The product is designed to transform a potentially fatal situation into one where the user can emerge unscathed.
Christian Schauf and Mike Escamilla founded Seventy2. Schauf, who grew up in rural Wisconsin, experienced culture shock when he moved to Los Angeles and saw how people panicked over a little rain. He decided to address this issue by creating Uncharted Supply Company and developing The Seventy2.
In January 2017, Schauf, Escamilla, and other co-founders launched the company with a $491,406 IndieGoGo campaign, and they began shipping pre-ordered systems in time for Christmas 2016.
While Schauf and Escamilla share a passion for travel and the outdoors, co-founder Dr. Eric Meyer is a world-renowned mountain climber and experienced Mount Everest Ascentist.
He survived the 2008 mountain disaster and played a crucial role in saving several lives that day, making him an expert in disaster preparedness.
The Seventy2 is priced at $349 and includes a thermal survival tent and blanket made of Mylar, a headlamp, tools, a water bag, 100 feet of paracord, a water filter, a flashlight, a mobile phone charger, and an air filtering mask.
There is also space in the backpack for personal items. In addition to the all-in-one system, the company offers and develops various other survival products.
Seventy2 Shark Tank Pitch
In episode 904 of Shark Tank, Christian Schauf and Mike Escamilla presented their disaster survival gear, The Seventy2, hoping to secure a deal with one of the Sharks to help grow their business.
They were seeking $100,000 in exchange for a 5% stake in their company, which was valued at $2 million.
During their pitch, Christian and Mike showcased the contents of their survival packs on a display board and received positive feedback from the Sharks.
The Seventy2 had already raised $700,000 within six months of its launch, with $400,000 coming from IndieGoGo and the rest from their website. Although the manufacturing cost was initially $209, it had been reduced to $144, and they sold each kit for $349.
As a small company, they required assistance from a Shark to deal with factories and establish positive relationships.
Although Barbara expressed her interest in being a customer, Mark chose to opt out, and Robert offered $200,000 for 10% equity shares with an immediate response required. Lori had yet to speak when they accepted Robert’s offer and left the pitch with a deal.
Net Worth of Seventy2
The company valuation was $2 million during the pitch and after the investment done by Robert Herjavec. Since then the company is still operating and hence the company net worth might have been more than that of pitch.
Seventy2 Shark Tank Updates
The Seventy2 is a disaster survival kit that was pitched on season 9 of ABC’s Shark Tank in October 2017. The kit was created by Christian Schauf and Mike Escamilla, who worked with first responders and other professionals to perfect the kit.
The Seventy2 is a backpack loaded with supplies to help people survive for 72 hours in a disaster situation.
The kit costs $349 and includes a mylar thermal survival tent and blanket, flashlight, tools, water pouch, 100 feet of paracord, and more.
Since appearing on Shark Tank, The Seventy2 has been a very successful product. As of 2022, the founders of The Seventy2, Christian Schauf and Mike Escamilla, have a net worth of 5.4 million USD.
However, there is no recent update on the product itself or its sales figures. The last update on The Seventy2 was in July 2021, where it was touted as a must-have survival kit.
Seventy2 Shark Tank summary:
| INFORMATION | VALUE |
| Founders of Seventy2 | Christian Schauf and Mike Escamilla |
| Net worth of the founders in 2022 | $5.4 million |
| Company’s annual revenue | Over $1 million |
| Company’s valuation on Shark Tank | $2 million |
| Investment deal on Shark Tank | Robert Herjavec offered $200,000 for 10% shares |
| Shark Tank episode | Season 9, episode 4 |
| Products sold by the company | Survival kits and products |
| Seventy2 kit price | $349 |
Seventy2 is a disaster survival kit created by Christian Schauf and Mike Escamilla that was pitched on Season 9, Episode 4 of Shark Tank. The kit is designed to help people survive for 72 hours in a disaster situation, and it contains tools and information in a compact package. The company has an annual revenue of over $1 million and a valuation of $2 million after an investment by Robert Herjavec. The founders have a net worth of $5.4 million as of 2022, and the company sells survival kits designed for one or two people in addition to other survival products. The Seventy2 kit costs $349.
Seventy2 FAQs
What Is Seventy2 And How Does It Work?
The Seventy2 is a 72-hour survival kit that was pitched on season 9 of Shark Tank. It was invented by Christian Schauf and Mike Escamilla, who worked closely with first responders and other professionals to perfect a survival kit.
The kit is designed to help people survive natural disasters and other emergencies. It contains tools and information in a compact package. The Seventy2 has gained popularity around the world and is a critically acclaimed survival kit.
It has been toted by critics as a must-have and is a crucial kit to have with you in a dire situation. The Seventy2 costs $349 per backpack.
Who is the founder?
Seventy2 is the brainchild of Christian Schauf and Mike Escamilla. The duo met while they were working in California’s Silicon Valley. They lived far from each other, but once Christian moved to L.A., he realized that people panic out when there is a little amount of rain. He resolved that issue with his company Uncharted Supply Co.
What Was The Outcome Of The Seventy2 Shark Tank Pitch?
Christian Schauf and Mike Escamilla appeared on Shark Tank in October 2017 to pitch their product, The Seventy2, which is a 72-hour survival kit designed to help people survive natural disasters and dire situations.
The outcome of the pitch was that the sharks did not invest in the product, but it has been a very successful product since its appearance on the show. The Seventy2 has gained popularity around the world and has been critically acclaimed.
As of 2022, the founders of The Seventy2, Christian Schauf and Mike Escamilla, have a net worth of 5.4 Million USD.
What Happened To Seventy2 After Its Appearance At The Shark Tank?
After its appearance on Shark Tank, The Seventy2 has been a very successful product. The exposure from appearing on the show itself has helped the product gain popularity around the world.
The Seventy2 is a 72-hour survival kit that was invented by Christian Schauf and Mike Escamilla, who worked closely with first responders and other professionals to perfect the kit.
The kit is designed to help people survive natural disasters and dire situations. It contains tools and information in a compact package.
The Seventy2 has been critically acclaimed and is
considered a must-have by critics. As of 2022, the founders of The Seventy2, Christian Schauf and Mike Escamilla, have a net worth of 5.4 Million USD.
How much were they seeking on Shark Tank?
They were seeking for $100,000 for 5% equity in their firm, which value at $2 million.
How much did they receive?
They received $200,000 for 10% equity shares of the company from Robert Herjavec.
Is Seventy2 still in business?
Yes, they are still running their business with annual revenue of $1 million.
Where is Seventy2 located?
Seventy2 survival backpack is based in Los Angeles, California.
What is the price of Seventy2?
One of the products that are available on Seventy2 is their 72-hour survival packs. A pack costs $349 and comes with all the items that one need to survive 72 hours in a catastrophe. This can be used by people who go camping, hiking or even to people living outdoors and might need help to survive.
How many of the products in Seventy2 are original?
The company has created more packs now with more items including a thermal survival tent and blanket made of Mylar, a headlamp, tools, a water bag, 100 feet of paracord, a water filter, a flashlight, a mobile phone charger and an air filtering mask.
What are the benefits of Seventy2?
The Seventy2 is a 72-hour survival backpack that comes with all in one system. It contains items that can help anyone to survive in the disaster environment. The backpack can be used by anyone who goes hiking or camping and needs help to survive.
Are there any discounts for Seventy2?
Seventy2 gives a discount of 10% on the second product to their customers. Also, they have a donation program which provides 50% discount to the customers.
What is Seventy2 return policy?
The company offers a 30-day return policy on all their products and if customer has any queries or issues with the product, they can contact them via email at [email protected] or call them on +1 435-631-1113.
How do I track Seventy2 order?
Seventy2 customers can track their orders on the website. After placing an order, the customer receives an email from the company where they receive a link to track their orders.
How will I know my product is shipped?
Customers will receive a tracking code via email which they need to enter in their account to track their order on the website. They can also call them and check the status of their order there.
What is Seventy2 website?
Seventy2 website is http://www.unchartedsupplyco.com/.
How do I pay for Seventy2?
There is a number of ways in which the customers can pay for their product. They accept all the common payment options like PayPal, Visa and MasterCard and also with their debit or credit card.
Customers can pay online through the website. They don’t accept cash on delivery mode.
Who is the CEO?
Seventy2 CEO is Christian Schauf.
What is the net worth of Christian Schauf?
Christian Schauf has a net worth of $1.5 million.What is the net worth of Mike Escamilla?
Mike Escamilla has a net worth of $250,000.
