Phoozy Net Worth
According to reports, Phoozy Shark Tank Net Worth in 2022 is estimated at $1.3 Million in 2022. The team continues to expand their business, with new products available on their website, new distribution channels being added, and a lively social media presence on Instagram and Facebook.
This company makes cases for phones, laptops, gear, and tablets. the worth of this product varies in the size and category of the cover, so it involves $20 – $99.
Conway said within the first 36 months, the corporate sold $1.9 million worth of products. He said revenue was $700,000 in 2019 and expected to sell $1.5 million in 2020. They hoped to hit $4.5 million in 2021. Their most sales are direct to consumers.
Innovative Phone Case
Phoozy phone case isn’t like other phone cases, using this case doesn’t cause any kind of problem. Whenever things sort of a phone or laptop falls from their hands, then there’s a lot of chance of breaking the device.
Using this product will give relief from these things as this case is Climate Proof, Sink Proof, Preserves Batter, Drop Proof & Anti Microbial.
The successful Phoozy company was started in 2017 by the founders Kevin Conway and Josh Inglis, but this start features a much bigger story behind it. Founder Kevin is an adventurer who likes to do adventure, so he does wakeboarding, surfing, snowboarding, etc. during his holidays.
While Kevin was enjoying his holiday, he realized that his smartphone was packed up due to excessive sun exposure, and it had become quite hot. Thanks to this unique coincidence, he got the thought to make a case in which the danger associated with this phone can be reduced.
To turn his idea into a startup, Kevin visited his old friend Josh and told him about it. Together they ate this startup. one more reason behind the startup’s success was that they got good funding from Shark Tank and they found it easy to promote their product.
Kevin Conway And Josh Inglis visited Shark Tank Season 12 Episode 19 to grow their business so that they could get investment. He asked for $500,000 in exchange for 10% of his company’s shares, but investors Robert Herjavec And Lori Greiner signed the deal for $500,000 For 8% + $1.5 Per Unit Until $500,000 Is Repaid.