BlinkDash

How good is this chili from Shark Tank?! 🤔 #custardstandpartner #custardstand #ourfavoritefinds

♬ original sound – Logan Nathanson | Fav Finds

Phoozy Net Worth: Update (Before & After Shark Tank)

Whether it’s the scorching sun, a sudden plunge into water, or a heart-stopping fall, your phone faces numerous threats when you venture outdoors. But fear not, because Phoozy’s revolutionary phone cases are here to save the day. Designed to shield your device from overheating, sinking, breaking, and more, these cases have taken the market by storm. In fact, the founders, Josh Inglis and Kevin Conway, even secured a deal with renowned investors Lori Greiner and Robert Herjavec on the hit show Shark Tank. With a current valuation of $6 million, Phoozy is making waves in the tech industry.

Phoozy: Protecting Your Phone Outdoors

When it comes to using your phone outdoors, there are numerous threats that can put your device at risk. From the scorching heat of the sun to accidental drops and even water damage, it’s important to have reliable protection for your phone. This is where Phoozy’s phone cases come in. Designed to safeguard your device from various hazards, Phoozy offers a range of innovative features that go beyond traditional phone cases. With Phoozy, you can enjoy peace of mind knowing that your phone is shielded from overheating, sinking, breaking, and more.

Threats to Your Phone Outdoors

When you take your phone outdoors, it is exposed to a multitude of potential dangers. The sun’s intense heat can cause your device to overheat, leading to battery damage and performance issues. Accidental drops are also a common occurrence, which can result in cracked screens and internal damage. Additionally, water poses a significant risk, whether it’s a sudden rain shower or an accidental drop into a pool or lake. These threats can be costly and inconvenient, but with the right protection, you can minimize the risks and extend the lifespan of your phone.

Phoozy’s Phone Cases

Phoozy’s phone cases are specifically designed to address the challenges of using your phone outdoors. Utilizing advanced technology inspired by space suits, these cases provide exceptional protection against extreme temperatures. Whether you’re in scorching heat or freezing cold, Phoozy’s cases act as a thermal barrier, preventing your phone from overheating or succumbing to the effects of extreme cold.

But Phoozy doesn’t stop there. Their phone cases are also engineered to float, ensuring that your device stays afloat if it accidentally falls into water. This feature not only protects your phone from water damage but also makes it easier to retrieve in case of an accident.

Furthermore, Phoozy’s phone cases are built to withstand the impact of falls and drops. With shock-absorbing materials and a durable construction, these cases provide reliable protection for your phone, reducing the risk of cracks, dents, and internal damage.

Phoozy’s commitment to quality and innovation has earned them recognition and support. In fact, they appeared on the popular show Shark Tank, where they secured a deal with renowned investors Lori Greiner and Robert Herjavec. This partnership not only validates the effectiveness of Phoozy’s phone cases but also highlights their potential for growth and success.

With Phoozy’s phone cases, you can confidently take your phone outdoors, knowing that it is well-protected against the elements. Don’t let the threats of heat, water, and accidental drops hinder your outdoor adventures. Invest in Phoozy’s reliable and innovative phone cases to keep your device safe and secure.

About the Founders

Kevin Conway

Kevin Conway, one of the co-founders of Phoozy, brings a unique blend of expertise and passion to the company. Hailing from Charlotte, North Carolina, Kevin’s journey to entrepreneurship took an interesting turn from his previous career as a professional car racer. With a degree in marketing from the University of North Carolina, Kevin’s love for speed and precision on the racetrack translated into a drive for innovation and problem-solving in the business world.

Kevin’s racing career began in the NASCAR cup series, where he quickly made a name for himself and was voted Rookie of the Year in 2010. However, he didn’t stop there. Seeking new challenges, Kevin transitioned to driving sports cars, primarily working with the prestigious brand Lamborghini. His expertise and skill behind the wheel led to him being hired as an instructor at the same company, where he shared his knowledge and passion with aspiring racers.

See more : Bourke Floyd Net Worth 2023

With his background in marketing and his firsthand experience in high-performance environments, Kevin’s unique perspective and determination have been instrumental in the success of Phoozy. His ability to identify a problem and find an innovative solution has helped shape the company’s mission to protect and enhance the functionality of mobile devices in outdoor settings.

Josh Inglis

Josh Inglis, the other co-founder of Phoozy, is a driven and resourceful entrepreneur based in Atlanta, Georgia. While not much is known about his educational background, Josh’s extensive experience as an executive at a large home improvement retailer has provided him with a wealth of knowledge in business operations and strategy.

Throughout his 15-year tenure in the home improvement industry, Josh honed his skills in leadership, product development, and customer satisfaction. His ability to understand market trends and consumer needs has been invaluable in the creation and growth of Phoozy. With a keen eye for detail and a passion for delivering innovative solutions, Josh has played a crucial role in the development of Phoozy’s product line and the expansion of its market reach.

Together, Kevin and Josh form a dynamic duo, combining their unique backgrounds and expertise to create a company that is dedicated to providing top-notch protection for mobile devices in outdoor environments. Their shared vision and commitment to excellence have propelled Phoozy to success, earning them recognition and support from investors and customers alike.

Founding the Company

The Idea Behind Phoozy

The story behind the founding of Phoozy is rooted in a simple yet frustrating problem that many smartphone users face: the vulnerability of their devices to extreme temperatures. It was Kevin Conway, one of the co-founders, who first experienced the annoyance of his phone turning off in hot temperatures. Determined to find a solution, he drew inspiration from space suit technology, realizing that the same principles could be applied to protect his phone from overheating and sustaining battery damage.

Excited about his idea, Kevin shared it with his friend and co-founder, Josh Inglis. Together, they saw the potential to create a product that not only addressed the issue of temperature protection but also offered additional benefits like water resistance and impact resistance. And so, Phoozy was born.

Launch and Success

In 2016, armed with their innovative concept, Kevin and Josh took the leap and launched Phoozy. They invested $85,000 of their own money to get the startup off the ground. From the beginning, Phoozy’s mission was clear: to provide reliable and effective protection for mobile devices in outdoor environments.

Their dedication and hard work paid off as Phoozy quickly gained traction in the market. The unique features and benefits of their phone cases resonated with consumers who were looking for a solution to protect their devices from the elements. Phoozy’s commitment to quality and innovation resulted in a loyal customer base and positive reviews.

Phoozy’s success caught the attention of the popular television show Shark Tank, where Kevin and Josh had the opportunity to pitch their product to a panel of investors. Their professional presentation, coupled with impressive lifetime sales and promising future projections, secured a deal with renowned investors Lori Greiner and Robert Herjavec.

Since then, Phoozy has continued to thrive, expanding its product range to include can coolers and a bag to carry tech gadgets. Their commitment to providing reliable protection and their dedication to customer satisfaction have solidified Phoozy’s position as a trusted brand in the market. With an estimated annual revenue of $4 to $5 million and a valuation of $6 million, Phoozy is poised for continued growth and success in the years to come.

Shark Tank Appearance

The Pitch

Appearing on the renowned television show Shark Tank, Kevin Conway and Josh Inglis had the opportunity to showcase their innovative product, Phoozy, to a panel of seasoned investors. With their eyes set on securing a deal that would propel their business to new heights, the founders delivered a pitch that was both professional and compelling.

Unlike some other founders who rely on over-the-top smiles and cringeworthy lines, Kevin and Josh presented their product with confidence and authenticity. They highlighted the unique features and benefits of Phoozy’s phone cases, emphasizing the importance of protecting mobile devices in outdoor environments. To demonstrate the effectiveness of their product, they invited Daymond John to participate in several simulations, showcasing how Phoozy’s cases could withstand extreme temperatures, water submersion, and impact.

The Deal

The Sharks were impressed not only by the founders’ pitch but also by the impressive sales figures and projections presented by Kevin and Josh. With lifetime sales of $1.9 million and a forecasted sales target of $4.5 million for 2020, the potential for growth was evident.

See more : Michael Cooper Net Worth in 2023 How Rich is He Now?

Kevin O’Leary was the first Shark to make an offer, setting the structure of the deal. However, it was Lori Greiner and Robert Herjavec who ultimately joined forces and modified the numbers. They offered $500,000 for 8% equity in the company, along with a $1.50 royalty per unit until they recouped their investment.

While the deal with Lori and Robert has yet to be finalized, the exposure from their Shark Tank appearance proved to be a game-changer for Phoozy. The episode generated a significant increase in sales, with a reported 400% surge in orders. This surge in demand is a testament to the show’s ability to attract millions of viewers and create a buzz around featured products.

Despite the potential setback with the deal, Kevin and Josh remain focused on the growth and expansion of Phoozy. Their appearance on Shark Tank served as a catalyst for their success, opening doors to new opportunities and solidifying Phoozy’s position as a trusted brand in the market.

After Shark Tank

Increase in Sales

Following their appearance on Shark Tank, Phoozy experienced a significant boost in sales and brand recognition. The exposure from the show, which attracts millions of viewers, proved to be a game-changer for the company. According to reports, Phoozy saw a staggering 400% increase in sales after their episode aired. This surge in demand is a testament to the show’s ability to captivate audiences and generate excitement around featured products.

The increased sales not only validated the effectiveness of Phoozy’s phone cases but also provided the founders with the resources to further grow and expand their business. The influx of new customers and positive reviews solidified Phoozy’s position as a trusted brand in the market.

Expansion and Product Range

Building on their initial success, Kevin and Josh seized the opportunity to expand Phoozy’s product range. In addition to their flagship phone cases, the company introduced can coolers and a bag designed to carry tech gadgets. This expansion allowed Phoozy to cater to a wider audience and offer comprehensive protection for various devices.

By diversifying their product line, Phoozy demonstrated their commitment to meeting the evolving needs of their customers. The can coolers provided a practical solution for keeping beverages cold in outdoor settings, while the tech gadget bag offered a convenient and secure way to transport and organize electronic devices.

Phoozy’s expansion into new product categories not only broadened their market reach but also showcased their ability to innovate and adapt to changing consumer demands.

Current Sales and Valuation

Phoozy’s success and continued growth have translated into impressive sales figures. With an estimated annual revenue ranging from $4 to $5 million, the company has established itself as a key player in the market for outdoor device protection.

Furthermore, Phoozy’s dedication to quality and customer satisfaction has earned them a strong reputation, reflected in their average rating of over 4 stars on Amazon. Positive reviews and word-of-mouth recommendations have contributed to the company’s sustained success and loyal customer base.

As of now, Phoozy is valued at $6 million, a testament to the founders’ vision, hard work, and the market’s recognition of the value they provide. With their commitment to innovation and their ability to adapt to changing consumer needs, Phoozy is well-positioned for continued growth and success in the years to come.

Protect your phone from the elements with Phoozy’s innovative phone cases. Designed to prevent overheating, water damage, and breakage, these cases have gained recognition on Shark Tank, securing a deal with Lori Greiner and Robert Herjavec. Founded by Kevin Conway, a former professional car racer, and Josh Inglis, an executive at a home improvement retailer, Phoozy has experienced success since its launch in 2016. Despite the deal with the Sharks not yet closing, Phoozy has expanded its product range and continues to receive positive reviews and strong sales. With an estimated annual revenue of $4 to $5 million, Phoozy is currently valued at $6 million. Protect your phone today and join the Phoozy revolution!

Source: https://cupstograms.net
Category: Net worth

ncG1vNJzZmismJrBorjKrKuonJGue6S7zGinoaefr8ZuusStZLCnoqm1bsHPnZitnV2Xsqe70Z5kmp6kmr9uv8eaqaRlpJa7rHs%3D