AquaVault

They focus on creating durable, convenient products designed to protect your valuables and stay connected while on the go. Their mission is to enhance the travel experience by providing peace of mind through high-quality security accessories.

AquaVault at Shark Tank:

AquaVault came to Shark Tank asking for $75,000 in return for a 12% equity stake, which suggested their company was worth $625,000. They ended up making a deal to receive the $75,000 they wanted, but they had to give away a 25% stake in their company, meaning the new valuation was set at $300,000.

AquaVault after Shark Tank:

After appearing on Shark Tank and partnering with Daymond John, AquaVault has expanded its product line and increased its revenue significantly. They’ve developed new security products for travelers and outdoor enthusiasts, including portable safes and waterproof phone cases.

Their business model successfully combines direct sales with a rental program through hotels and resorts, broadening their customer base. AquaVault’s growth is evident in their rising annual revenues, marking them as a thriving company in the travel security sector.