SeeRescue Streamer Shark Tank Net Worth 2023
Dr. Yonover appeared on Shark Tank season 8 episode 22 to pitch his company and seek an investment of $200,000 for a 20% stake in exchange – valuing the company at $1 million.
Since then, his company has grown significantly and is valued at 11 million USD in 2022.
This demonstrates immensely positive progress for Dr. Yonover’s venture, indicating that it has been able to attract investments through viable strategies and tangible success.
What is SeeRescue Streamer?
The SeeRescue Streamer is a device designed to improve visibility for hikers and boaters who may become separated from their group. It is a bright orange streamer that is 25 feet long and can be easily spotted from a distance. If you find yourself lost, you can use it to signal for help from passing planes.
Dr. Robert Yonover is the inventor of the SeeRescue Streamer and other survival products. As a geochemist and volcanologist with a Ph.D. from Hawaii, he has a deep passion for nature and has dedicated his life to creating devices that can save lives and make the outdoors safer.
Dr. Yonover’s patented ideas include Pocket Floatation technology, Portable Emergency Desalinator, Video Search and Rescue (vSAR) technology, Inflatable Rescue Board, and Inflatable Paddleboards.
He developed the See Rescue Streamer while caring for his wife, who had multiple sclerosis and realized the difficulty of identifying survivors in the vastness of the ocean during a disaster.
Today, the SeeRescue Streamer is used not only by the military but also by the general public. It is a valuable tool that can help trapped survivors display their exact location in environments that make it challenging for rescuers to find them.
What Happened to SeeRescue Streamer at the Shark Tank Pitch?
Dr. Yonover made an appearance on Season 8 Episode 22 of Shark Tank, seeking a $200,000 investment for a 20% stake in his company, which would result in a $1 million valuation. During his pitch, he included a photo of a man lost at sea, barely visible, to demonstrate the need for his product.
After his presentation, he asked Kevin to help him demonstrate the product. Kevin held one end of a cloth containing reflective material that could be seen day or night and stretched it along the corridor.
He then showed a picture of the same person, this time with the reflective material attached, making him visible even when adrift at sea with his belongings.
When the Sharks inquired about the product’s weight, Dr. Rob informed them that it weighed 13 lbs. 8 oz. Lori asked if he was currently selling to the military, to which Rob confirmed that the product had been tested and approved by the military. He also mentioned that they had already made $15 million in sales worldwide. The Sharks were surprised by this.
Mark questioned why Dr. Rob was asking for a low price when the product had already made $15 million. Dr. Rob explained that he was a product licensee and that the money he earned was over a 15-year period. During this time, his wife developed multiple sclerosis, and he had to take care of her.
Eventually, he became the head of the licensing company and regained ownership of the product after the agreement expired. Robert asked how long the $15 million had been earned, and Dr. Rob clarified that it was earned over a 15-year period.
Dr. Rob revealed that the product was made of water-soluble plastic and had a yearly income of $1 million, which was impressive. The current year’s sales were $200,000, and he intended to resurrect the brand by having his product fastened to life jackets.
Daymond inquired about the price of the merchandise, which Dr. Rob stated was $78 for the small size and $118 for the larger one. Daymond believed that dealing with the military was where the big money was, but he didn’t think he could help, so he went out.
Lori didn’t think the product was suitable for the mass market, and she went out. Robert claimed that there were too many obstacles in getting the product into the consumer market, so he went out as well.
Mark believed that it wasn’t worth investing in, so he went out. Kevin also decided that the product wasn’t for him and left the room. As a result, Dr. Rob walked offstage without a deal, feeling disappointed because he was the final Shark left.
What Happened to SeeRescue Streamer after the Shark Tank Pitch?
After Dr. Yonover’s presentation, there was a noticeable increase in sales for his product. In 2020, SpaceX sent the product to the International Space Station. The product has gained significant exposure through various media outlets, such as the Discovery Channel, Psychology Today, and Honolulu magazine.
Dr. Yonover has also given speeches about his product at various institutions, including the International Military Aviation Briefing.
Currently, he continues to serve military customers globally, including the United States Navy and the United States Coast Guard. As of November 2021, the company is still in operation, and its annual revenue stands at $3.9 million.
What is the Net Worth of SeeRescue Streamer?
Dr. Yonover appeared on Shark Tank season 8 episode 22 in search of $200,000 for a 20% stake in his company. This equates to a $1 million valuation. The current valuation is evidently higher since the Company has grown.
Who are the Competitors of SeeRescue Streamer?
There are no competitors identified for SeeRescue Streamer.
Summary Table: Seerescue Streamer Shark Tank Net Worth 2023
| KEY INFORMATION | VALUE |
| Name of Product | SeeRescue Streamer |
| Inventor | Dr. Robert Yonover |
| Product Description | A bright orange streamer that can be used to signal for help |
| Pitched on Shark Tank | Season 8 Episode 22 |
| Initial Investment Sought | $200,000 for a 20% stake |
| Initial Valuation | $1 million |
| Current Valuation (2022) | $11 million |
| Annual Revenue (2021) | $3.9 million |
| Competitors | None Identified |
SeeRescue Streamer FAQS
Seerescue Streamer Shark Tank
The See Rescue Streamer is a visibility device that can be used by boaters and hikers if they get lost. It is a 25-foot-long, bright orange streamer that is very visible from a distance. The product was presented on Shark Tank by Dr. Robert Yonover, who sought $200,000 for 20% equity in his business.
Although he did not get a deal, he saw an uptick in sales after his appearance on the show. The See Rescue Streamer is a patented product that is used by the military and has been featured on CNN, PBS, and the Discovery Channel.
The See Rescue Streamer is a portable rescue device that can be used on land, sea, or snow, day or night when lost or stranded to provide a signal to rescuers. It uses a light system to make the user stand out against their surroundings.
The product is available in two different sizes and is approved and used by the United States military. It has received 5-star reviews on Amazon, where it is currently being sold.
In 2020, the See Rescue Streamer was aboard a SpaceX flight to the International Space Station to protect astronauts. NATO also uses the product for drop-site targeting. The See Rescue Streamer is a lifesaving product that can help people in emergency situations to signal their location to rescuers.
What Happened To See Rescue Streamer After Shark Tank
During Season 8 of Shark Tank, Robert Yonover pitched See Rescue Streamer and sought $200,000 for 20% equity. Unfortunately, none of the Sharks made a deal with him. Daymond John was the first to bow out because he believed that he couldn’t help Yonover with the product.
Meanwhile, Lori Greiner didn’t think that the See Rescue Streamer was a mass consumer product. Despite not getting a deal, the product has seen an uptick in sales after the appearance on Shark Tank. In 2020, the product was aboard a SpaceX flight to the International Space Station.
The company is still going strong, supplying military and other Rescue Streamer is doing well on Amazon, where it is currently being sold. It has received 5 stars, and many customers have said it’s “the perfect safety gift”.
The product is patented and has been used by the military. Dr. Yonover has even appeared on CNN, PBS, and the Discovery Channe.
In summary, See Rescue Streamer did not get a deal on Shark Tank, but the product has seen an uptick in sales and has been used by various organizations, including the military and SpaceX astronauts. It is still being sold on Amazon and has received positive reviews from customers.
How Does Seerescue Streamer Shark Tank Works?
The SeeRescue Streamer is a visibility device that can be deployed by boaters and hikers if they get lost. It is a 25-foot-long, bright orange streamer that is very visible from the air.
The device uses a patented light system that allows the user to “light up” and show their location if they ever get stranded on land or sea. The whole point of the Rescue Streamer is that it makes the user stand out amongst their surroundings.
Dr. Robert Yonover presented the SeeRescue Streamer on Shark Tank seeking $200,000 for 20% of his business. Although all five Sharks loved the technology, they declined to invest in it. Despite the setback, Dr. Yonover’s work is patented and the product is used by the military.
In fact, the SeeRescue Streamer was onboard a SpaceX flight to the International Space Station in 2020 to protect astronauts Bob Behnken and Doug Hurley. The device is military-approved and adopted as an emergency signaling device for people who are lost at sea, land, or space.
The SeeRescue Streamer is doing well on Amazon, where it is currently being sold and has received 5-star reviews. Customers have said that it is “the perfect safety gift”. Although Dr. Yonover did not walk away with a deal on Shark Tank, his appearance on the show led to an uptick in sales.
What Is The Current Valuation Of Seerescue Streamer Shark Tank?
SeeRescue Streamer is a search and rescue device that was pitched on Shark Tank by its founder, Dr. Robert Yonover, during Season 8, Episode 22. Dr. Yonover sought a $200,000 investment for a 20% stake in his company, which would result in a $1 million valuation. However, he did not receive a deal from any of the sharks.
Since appearing on Shark Tank, SeeRescue Streamer has grown and expanded its customer base. SeeRescue Streamer’s net worth in 2020 was $4 million. Additionally, the founder of SeeRescue Streamer, Dr. Robert Yonover, has a net worth of $11 million as of 20222.
It is unclear what the current valuation of SeeRescue Streamer is, as the search results only provide information on its net worth and valuation at the time of its Shark Tank pitch and in 2020.
However, it can be inferred that the current valuation is higher than $1 million, as the company has grown and expanded its customer base since its appearance on Shark Tank.
Does Seerescue Streamer Shark Tank Still Exist?
Yes, SeeRescue Streamer is still in business as of November 2021. The product was aboard a SpaceX flight to the International Space Station in 2020 and continues to supply military customers worldwide, including the US Navy and US Coast Guard. The company has an annual revenue of $3.9 million.
SeeRescue Streamer was pitched on Shark Tank in Season 8 Episode 22 by Dr. Robert Yonover, who was seeking a $200,000 investment for a 20% stake in his company, which would result in a $1 million valuation.
During his pitch, he included a photo of a man lost at sea, barely visible, to demonstrate the need for his product. However, none of the Sharks made an offer, and Dr. Yonover walked offstage without a deal.
Despite not receiving an investment from the Sharks, SeeRescue Streamer saw an uptick in sales after the Shark Tank appearance.
The product is now used not only by the military but also by the general public as a valuable tool that can help trapped survivors display their exact location in environments that make it challenging for rescuers to find them. The website address for SeeRescue Streamer is not provided in the search results.
What is SeeRescue Streamer?
It’s a safety gadget for outdoor adventurers (hikers, campers, boaters) who may become disoriented.
It’s about the size of a mobile phone when wrapped up (and weighs just 5 ounces). When launched, a brilliant orange streamer six inches wide and 25 feet long rolls out.
Who founded SeeRescue Streamer?
Dr. Rob Yonover is the founder of See Rescue Streamer.
How much was he seeking in the Shark Tank?
Dr. Rob requested $200,000 for a 20% stake in his product, which equates to a $1 million valuation.
Did he get the deal from the Sharks?
No, he left the Tank without any investment.
What is the email address of SeeRescue Streamer?
They can contact them at their email at info@SeeRescueStreamer.com or
military@SeeRescueStreamer.com
Where can they purchase the Product?
They can visit the official website of See Rescue Streamer or amazon
What is the website address of SeeRescue Streamer?
They can visit the official website at www.seerescuestreamer.com
What is the annual revenue of SeeRescue Streamer?
It’s $3.9 million as of November 2021.
Who owns SeeRescue Streamer?
It’s a private corporation, so it is privately held company.
How long is SeeRescue Streamer?
It weighs just 5 ounces. It’s essentially a 25-foot-long.
What material is used by SeeRescue Streamer?
The SeeRescue Streamer is made with a water-soluble fibre that dissolves when exposed to seawater.
Where is the headquarters of SeeRescue Streamer?
They are located in Oahu, Hawaii.
How much does SeeRescue Streamer cost to buy?
They cost $80 for the small one or $120 for the large one as per their website.
Does SeeRescue Streamer work?
Yes, it works, it was tested and approved by the military.
What methods of payment do they accepts?
They accept Visa, PayPal, American Express, Discover and MasterCard.
What is the net worth of Robert Yonover?
Robert Yonover’s net worth is unavailable
When was Robert Yonover born?
Robert Yonover, born in 1959, is a scientist and inventor from the United States. He was born in Chicago, raised in Florida, and currently resides in Honolulu, Hawaii.
He is the creator of survival technologies employed by the US and foreign militaries.
