Voyage Air Guitar Shark Tank Net Worth 2023
Voyage Air Guitar has come a long way since it appeared on Shark Tank and was valued at $10 million. They are still in operation as of 2022, with a net worth of $1 million.
The guitar can be found in more than 200 retail locations worldwide, as well as being sold online through the company’s website. As for their time on the show, Kevin O’Leary eventually decided to join forces with Voyage Air Guitar to secure an agreement with Fender.
This is an incredible accomplishment for Voyage Air Guitar considering where they started from in 2012; it shows that the team is highly dedicated to success and will always strive towards furthering their mission.
What is Voyage Air Guitar?
Voyage Air Guitars are standard-sized guitars that can be folded in half, enabling you to carry them conveniently in a backpack-style bag while keeping them safe.
This unique guitar hinge is a well-crafted and patented design that is unmatched worldwide. Unlike other guitars, it does not contain any nanotubes or microchips.
When folded and unfolded, it maintains its tune, making it an ideal option for musicians on the move.
Who are the Voyage Air Guitars founders?
Jeff Cohen and his son Josh collaborated with Adrian Bagale and Harvey Leach to design a guitar that is not only of high quality but also easily accessible and portable, catering to the fast-paced lifestyle of many artists.
The guitar is equipped with a well-built hinge that allows it to bend on its neck, the strings can be tucked into the hole, and it can be stowed away in a convenient travel case.
The two innovators and entrepreneurs have partnered with foreign distributors to significantly increase their profit and sales. They have also joined forces with Fender to create portable Fender guitars.
Initially, the proprietors operated locally and produced as many guitars as they could, selling 800 units for $500 each and generating a total of $400,000 in sales. However, due to high demand and popularity, they were unable to keep up with production.
To expand their business and meet demand, they needed additional funding to develop their inventory. This led them to the life-changing decision to appear on Shark Tank.
What happen to Voyage Air Guitar at the Shark Tank Pitch?
During Season 1, Episode 3 of Shark Tank, Mr. Jeff Cohen and Josh Cohen sought $500,000 in exchange for a 5% stake in their company, Voyage, which valued the company at $10 million. However, the Sharks voiced their objection to the valuation when Josh played a few chords on their guitar.
To prove the uniqueness of their product, the Cohens demonstrated how their guitars could fold in half. Mr. Wonderful tested if it would stay in tune after folding it up and placing it in its case, which it did.
Although the Cohens indicated they made $400,000 by selling 800 devices at around $500 each, their company remained cash flow negative.
The Sharks disputed Jeff’s value, but he stood by it. Robert suggested that guitar manufacturers license the patented hinge and wanted to acquire the patent rights first, while Jeff preferred to establish commercial adoption first.
Jeff later announced that he would sell 49 percent of the patent for $1 million. Mr. Wonderful made a $500,000 offer for 51% ownership of the company and demonstrated his licensing expertise to the Cohens. However, Jeff refused to give up 51% ownership, and Robert walked away.
Despite the rejection, Mr. Wonderful continued to push hard, and Kevin Harrington offered to participate in the transaction. Barbara and Daymond went out, and Jeff offered $500,000 for a 50-50 split, which was also rejected. This caused Mr. Wonderful to exclaim, “You’re dead to me.”
Voyage Air Guitar after the Shark Tank Pitch
In season 2 episode 208, the firm received an update stating that they had opened 200 retail outlets nationwide. In season 3, Jeff and Josh returned to film another update, and it was revealed that they were not dead to Mr. Wonderful after all.
However, the update was never aired because the producers felt that the details of the agreement were too complex to be shown on television.
In a subsequent update in episode 408 of season 4, Mr. Wonderful announced that he had signed a licensing agreement with Fender, one of the top guitar manufacturers in the world.
Despite the initial setback, the firm is still operational and as of July 2021, it generates $1 million in annual sales.
Voyage Air Guitar Net Worth
The business is now estimated to be worth around $10 million.
Voyage Air Guitar Competitor
Catalinbread is the Voyage Air Guitar Competitor’s main competitor.
Voyage Air Guitar Shark Tank Updates
Voyage Air Guitar is a company that produces foldable travel guitars. The company was founded by Josh and Jeff Cohen, who appeared on Shark Tank in Season 1 to request an investment of $500,000 in exchange for 5% equity.
The sharks did not make an offer, as they believed that the company should sell its patented technology to other guitar manufacturers rather than trying to build a guitar company. However, after the show, Kevin O’Leary decided to partner with Voyage Air Guitar and help them establish their business.
Voyage Air Guitar is still in business today and is sold in more than 200 retail locations and online through its website. The company has received positive reviews from major guitar magazines and has proven the viability of its technology.
The company has also been featured in an update segment in Season 2 of Shark Tank, where they revealed that they had launched in 200 retail stores nationwide. Jeff and Josh returned to tape a second segment in Season 3, but it never aired because the producers decided not to use it.
In summary, Voyage Air Guitar is still in business today and has expanded its reach to more than 200 retail locations. The company has received positive reviews and has proven the viability of its technology. Although the sharks did not make an offer in Season 1, Kevin O’Leary decided to partner with the company after the show.
Voyage Air Guitar Shark Tank Table Summary:
| TOPIC | INFORMATION |
| Company Name | Voyage Air Guitar |
| Founders | Jeff Cohen, Josh Cohen, Adrian Bagale, and Harvey Leach |
| Product | Foldable travel guitars |
| Shark Tank Pitch | They asked for $500,000 in exchange for a 5% stake in the company, but did not get a deal from the sharks. |
| Kevin O’Leary’s Deal | After the show, Kevin O’Leary decided to partner with Voyage Air Guitar and helped them establish their business. |
| Current Status | As of 2022, they are still in operation, with a net worth of $1 million. |
| Sales | They generate around $1 million in annual sales as of July 2021. |
| Retail Locations | Their guitars can be found in more than 200 retail locations worldwide, as well as being sold online through the company’s website. |
| Competitor | Catalinbread is the main competitor of Voyage Air Guitar. |
| Shark Tank Updates | The update was never aired because the producers felt that the details of the agreement were too complex to be shown on television. |
| Net Worth | Voyage Air Guitar is now estimated to be worth around $10 million. |
Voyage Air Guitar FAQS
What Is Voyage Air Guitar?
Voyage Air Guitar is a full-size, real guitar that folds in half and fits into its own included backpack case, making it the perfect travel guitar. It is the only full-size travel guitar that folds in half and fits in the included backpack-style case.
The guitar is performance quality, with no compromise in tone and playability of other travel guitars. All Voyage Air Guitars are available as Standard or Deluxe (DLX) models, configured to your choice of standard acoustic or performance upgrade, plug & play ready.
The Deluxe Voyage Case is included with all models, and you can also purchase the optional add-on accessory/laptop pouch – large enough for a change of clothing, guitar accessories, your laptop or tablet.
Voyage Air Guitar was pitched on Shark Tank by father and son inventors and musicians Jeff and Josh Cohen[4]. The Cohens wanted quality to be the first priority in their business, and they perfected and patented the Voyage Air Guitar with the help of Harvey Leach, a guitar maker since 1972.
The Sharks were initially skeptical of the valuation, but Kevin O’Leary eventually decided to partner with Voyage Air Guitar and help them establish an agreement with Fender. Fender is an iconic guitar manufacturing brand that helped boost Voyage Air Guitar to new levels of success.
As of July 2022, Voyage Air is still in business and doing $1 million in annual revenue. The guitar is sold in more than 200 retail locations, as well as online through its website.
How Does Voyage Air Guitar Shark Tank Works?
Voyage Air Guitar is a patented foldable guitar that allows for easy portability.
The guitar was invented by father and son entrepreneurs Jeff and Josh Cohen, who wanted quality to be the first priority in their business. They perfected and patented the Voyage Air Guitar with the help of Harvey Leach, a guitar maker since 1972.
In their Shark Tank pitch, Jeff and Josh asked for $500,000 for 5% equity in their business.
After selling about 800 guitars and generating $400,000 in revenue, the sharks believed that Voyage Air Guitar should sell the patented piece of equipment to other guitar manufacturers rather than trying to build a guitar company.
None of the sharks made an offer, but Kevin O’Leary eventually decided to partner with Voyage Air Guitar and help them establish.
Since appearing on Shark Tank, Voyage Air Guitar has sold its product in more than 200 retail locations and online through its website. The company has achieved widespread exposure following the Shark Tank episode and has been featured in follow-up segments and on ABC’s Good Morning America.
What Happened To Voyage Air Guitar Shark Tank?
Voyage Air Guitar appeared on Shark Tank in season 1, asking for $500,000 for 5% equity in their business. The Sharks did not make a deal with them, as they believed that the company should sell the patented piece of equipment to other guitar manufacturers instead of trying to build a guitar company.
After the show, Voyage Air Guitar sold about 800 guitars and generated $400,000 in revenue. They were cashflow negative, and the founders realized that they needed additional capital to expand their business and build sufficient inventory.
Despite not securing a deal on Shark Tank, Voyage Air Guitar continued to operate and grow their business. They launched in 200 retail stores nationwide and received positive reviews from major guitar magazines.
The company was still in business as of 2023, selling their foldable travel guitars in over 200 retail locations and online through their website.
In season 3, the producers of Shark Tank invited the founder of Voyage Air Guitar, Jeff Cohen, back to the show for an update segment.
Kevin O’Leary, who was excited about Voyage Air Guitar and the buzz they were getting in the guitar world, eventually decided to partner with them and help them establish their business.
However, the original segment featuring Voyage Air Guitar never aired because the producers thought the deal they made was too complicated to air.
What Is The Current Valuation Of Voyage Air Guitar Shark Tank?
Voyage Air Guitar appeared on Shark Tank in 2011 and asked for $500,000 for 5% of the company. However, they left the Tank without a deal. Voyage Air Guitar’s estimated net worth in 2022 is $10 million.
However, bizzbucket.co reports that their current net worth as of 2022 is $1 million.
Despite not securing a deal on Shark Tank, Voyage Air Guitar continued to operate and even received organic publicity that boosted their sales.
They have since partnered with distributors and other manufacturers in the industry, such as Fender. Voyage Air Guitar is still in business and has hundreds of retailers across America.
It is unclear what the current valuation of Voyage Air Guitar is, as different sources report different estimates. However, it is clear that the company is still operational and has achieved success since appearing on Shark Tank.
Is Voyage Air Guitar Shark Tank Still In Business?
Yes, Voyage Air Guitar is still in business. After appearing on Shark Tank in season 1, Voyage Air Guitar did not receive a deal from the sharks. However, the company continued to build out its business and product lin.
In season 2, Voyage Air Guitar launched in over 200 retail stores nationwide. The company has since expanded to hundreds of retailers across America. As of 2022, Voyage Air Guitar has annual sales above $1 million.
Voyage Air Guitar is known for its patented foldable guitar that is designed for travel. The company has sold over 800 guitars and generated $400,000 in revenue.
The sharks believed that Voyage Air Guitar should sell the patented piece of equipment to other guitar manufacturers instead of trying to build a guitar company. However, Kevin O’Leary eventually decided to partner with Voyage Air Guitar and help them establish.
Voyage Air Guitar has been featured in follow-up segments on Shark Tank and ABC’s Good Morning America. The company has also received endorsements from well-known guitar players like Brad Paisley. The current net worth of Voyage Air Guitar is $1 million as of 2022.
What is Voyage Air Guitar?
Voyage Air Guitars are full-size guitars with the ability to fold in half. This function allows you to travel with your guitar in a backpack-style bag while ensuring its protection.
It is a well-designed, factory-made, and patented guitar hinge. There are no nanotubes or microchips in it. It can hold the tune when folded and then unfolded.
Who is the founder of Voyage Air Guitar?
Jeff Cohen and his son Josh designed the guitar. They collaborated with Adrian Bagale and Harvey Leach, who assisted them in refining the folding guitar technology.
How much were they seeking in the Shark Tank?
Voyage Air Guitar asked for $500,000 for 5% of the company.
How much did they get?
Mr. Wonderful offered $500,000 for 51% of the company but Jeff rejected and they left the Tank without a deal.
Where are voyage air guitars manufactured?
The guitars are made in China to Voyage-specifications, Air’s with final inspection and setup taking place at the company’s headquarters in Colfax, California, where the innovative hinge unit is also made.
Is Voyage Air Guitar still in operation?
Wonderful negotiated a licensing agreement for Voyage Air Guitar with Fender, one of the world’s top guitar manufacturers.
The firm is still in operation and generates $1 million in yearly sales as of July 2021.
What happen to the strings when the guitar is folded?
The string life of a Voyage Air Guitar is not decreased when the instrument is folded since the strings tuck into the sound hole.
The top is in perfect condition with no damage or scratches.
What kind of strings does Voyage Air Guitar use?
Their instruments come equipped with Light Gauge Strings, but customers are free to use any strings they like; nevertheless, for the greatest experience, they recommend replacing with OEM Voyage Air strings.
Can a Voyage Air Guitar be set up to their preference?
A Voyage Air Guitar, like any other acoustic instrument, may be easily customized to the customer’s playing style, string choices, and local environment.
On the headstock, the truss rod is hidden behind a plastic cover plate.
How much does Voyage Air Guitar costs?
The Voyage Air Guitar’s retail price is $500.
What is their warranty?
A Voyage Air Guitar comes with a one-year guarantee on the instrument and a lifetime warranty on the hinge mechanism.
How can they contact Voyage Air Guitar?
They can contact them through Tel: 1.925.290.8878 or email them at sales@voyageairguitar.com or follow them on Facebook.
Where do they ship?
They ship anywhere in the world.
What payment options is available?
They take Visa, MasterCard, American Express, Discover, and PayPal payments from anywhere in the world over our secure server.
What is net worth of Jeff Cohen?
Jeff Cohen’s net worth is unavailable.
What are the strengths of Voyage Air Guitar?
The strengths of Voyage Air Guitar are that they are affordable while still offering choices of top quality. They are easy to travel with.
