If you’re a fan of Shark Tank, then you know that the show can be pretty unpredictable. Some startups make it big after appearing on the show, while others crash and burn. So what happened to XTorch after their appearance on Shark Tank? Well, let’s just say that things went pretty well for them!
What Is XTorch?
XTorch is a battery-operated, handheld fire starter that was featured on Shark Tank in 2016. After appearing on the show, XTorch received a lot of attention from both potential customers and investors. [1]
Since XTorch’s appearance on Shark Tank, sales have increased significantly. In addition, the company has been featured in several major publications, including Time Magazine and Forbes. XTorch has also been featured on popular TV shows like The Today Show and Good Morning America.
The increased exposure from appearing on Shark Tank has helped XTorch reach a wider audience and grow its customer base. If you’re looking for a reliable and easy-to-use fire starter, XTorch is a great option.
Who Founded XTorch?
Shark Tank Appearance
In the months after our appearance on Shark Tank, sales of XTorch increased significantly. They were also able to secure additional funding from investors, which helped them scale their operations. Additionally, the team received a lot of media attention, both positive and negative. Overall, appearing on Shark Tank was a great experience for the company. It helped them gain exposure and grow their business.
What Happened After Shark Tank?
Since appearing on Shark Tank, the XTorch team has seen an uptick in sales and media attention. The show gave them a chance to showcase their product to a wider audience and helped them gain some valuable exposure. In the months since their appearance, they’ve been working hard to keep up with the demand for their product.
They’ve also been using the platform to raise awareness for their cause. The XTorch is more than just a flashlight; it’s also a symbol of hope for those who are affected by natural disasters. In the aftermath of Hurricane Harvey, the team distributed hundreds of torches to families in need. They’re continuing to work with relief organizations to get torches into the hands of people who need them most. [3]
Is XTorch Profitable?
Yes, XTorch is profitable. The company was able to increase sales and media attention after appearing on Shark Tank. While the company has not yet achieved mass market success, they are seeing steady growth in its customer base.
The biggest challenge for XTorch is scaling its product. The current version of the product is not well suited for mass production. This means that the company will need to make some changes to its manufacturing process before it can expand its business significantly.
Despite these challenges, XTorch is still a promising startup. They have a strong team with a lot of experience in the industry. If they can overcome their manufacturing issues, they could become a major player in the flashlight market.
Is XTorch Still In Business?
Yes, XTorch is still in business and continues to sell its product. After appearing on Shark Tank, they experienced a surge in sales and media attention. In the years since they have continued to grow their business and develop new products. [4]
What Products Does XTorch Offer?
Why Is XTorch So Special?
While there are many different types of torches on the market, XTorch is unique in its design and functionality. The torch is handheld and can be used for a variety of purposes, including camping, hiking, and even emergency situations.
XTorch was created by a married couple, Gene and Keidy Palusky, who was inspired to create the product after they went on a camping trip and realized that there was no good way to light a fire.
The couple appeared on Shark Tank in 2016, where they received an offer from Mark Cuban for $ 200,000 for 20% equity in the company.
Since appearing on Shark Tank, XTorch has seen a significant increase in sales and media attention. The torch has been featured in major publications such as Time Magazine, Forbes, and Mashable. [5]
FAQ
How is XTorch doing after Shark Tank?
Sales for XTorch have increased significantly since their appearance on Shark Tank. In addition, they have received a lot of media attention and are working on expanding their product line.
How much did XTorch get from the Sharks?
The Sharks invested $ 200,000 in XTorch for a 20% stake in the company.
Who owns XTorch?
The company is currently owned by Gene and Keidy Palusky.
How does XTorch work?
The flashlight is powered by batteries, which can be charged via USB. The light can be used in both emergency and non-emergency situations. It has three different modes: high, low, and strobe.
Did XTorch get the deal on Shark Tank?
Yes, XTorch did get the deal on Shark Tank. After their appearance on the show, they saw a huge increase in sales and media attention. The company was able to secure a deal with one of the sharks, Barbara Corcoran, for $ 200,000 in exchange for 20% equity. This deal helped them take their business to the next level and expand their product line.
Since appearing on Shark Tank, XTorch has continued to grow and succeed. Their products are now available in over 500 stores nationwide and they have plans to launch an international expansion in the near future.
The company has also been featured in numerous publications, including Forbes, Entrepreneur, and Inc. They have truly become a success story after appearing on Shark Tank. If you’re looking to start your own business or grow your existing one, don’t miss out on the valuable lessons that XTorch has to offer.
Who is the wealthiest shark on Shark Tank?
There are a few different ways to answer this question.
First, we can look at the net worths of the sharks themselves. Second, we can look at the value of the companies that they have invested in on Shark Tank. When it comes to net worth, Mark Cuban is the clear winner. His net worth is estimated to be $ 4 billion dollars. Robert Herjavec comes in second with a net worth of $ 200 million dollars, and Kevin O’Leary rounds out the top three with a net worth of $ 140 million dollars.
When it comes to the value of their investments, however, it is a bit harder to determine who is the wealthiest shark. This is because the value of private companies can be difficult to ascertain. Nevertheless, we can make some estimates based on the few companies that have gone public or been sold. Based on these estimates, it appears that Mark Cuban is once again the wealthiest shark.
What is the largest deal in Shark Tank history?
How to get on Shark Tank?
It’s not an easy feat to get on Shark Tank. In fact, it’s one of the most difficult things a startup can do. But once you’re on, it’s a whole new world. After appearing on Shark Tank, XTorch saw a massive increase in sales and media attention. The show gave them the exposure they needed to take their business to the next level.
If you’re thinking about appearing on Shark Tank, there are a few things you need to keep in mind:
- First and foremost, make sure your business is ready for the spotlight. You’ll need to have a solid plan and be able to articulate your vision clearly. Secondly, don’t go into the tank expecting to get an investment from the sharks. They’re there to grill you and see if you’re worth their time and money. Be prepared for tough questions and be ready to fight for your business;
- Lastly, remember that appearing on Shark Tank is a huge opportunity. It’s not only a chance to get exposure for your business, but also a chance to learn from some of the most successful entrepreneurs in the world. If you can make it through the tank, you’ll come out stronger and more prepared to take on whatever challenges come your way;
Why did Barbara leave Shark Tank?
It’s been rumored that Barbara Corcoran left Shark Tank because she was offered a role on another television show. While this has not been confirmed, it would make sense given her recent success on Dancing with the Stars. Whatever the reason, her departure leaves a big hole in the show. Barbara was one of the original Sharks on Shark Tank first aired in 2009. She quickly became a fan favorite with her no-nonsense attitude and willingness to invest in unique businesses.
Over the course of nine seasons, she made some great deals and helped grow many businesses. In 2016, she invested in XTorch, a company that makes portable lights for photography and videography. The product was popular with customers and Barbara saw the potential for it to be a big success. After appearing on Shark Tank, sales of XTorch increased dramatically.
Useful Video: XTorch Review: Putting this Shark Tank flashlight to the test!
Conclusion
It’s clear that appearing on Shark Tank can be a major boost for a business. For XTorch, it led to increased sales and media attention. If you’re thinking of applying to be on the show, keep in mind that it could have a big impact on your business.
Do your homework and be prepared to face the sharks. It might just be worth it in the end.
Have you ever watched Shark Tank? What did you think of it? Let us know in the comments below!
If you’re thinking of applying to Shark Tank, we’ve got some advice for you. Check out our blog post on how to prepare for your appearance on the show. Good luck!
References:
- https://xtorch.org/
- https://emrotary.org/speakers/691dc4df-4fcb-42c2-974f-5fe24d40e0d5
- https://bizzbucket.co/xtorch-shark-tank-update/
- https://www.startribune.com/owners-of-minneapolis-s-xtorch-turn-down-chance-to-sell-business-on-shark-tank/600050644/
- https://www.startribune.com/edina-couple-s-solar-powered-xtorch-lights-the-way-for-low-income-people-around-the-globe/569170332/
