Zip String Shark Tank Net Worth (Updated 2025).

In the dynamic world of entrepreneurship, Zip String Shark Tank emerged as a standout innovator in the outdoor recreation industry. The company was launched in 2016 by two passionate friends, Jake and Alex, who shared a love for the great outdoors and a vision to revolutionize the way we secure our gear. Their journey began in a small garage in California, where they spent countless hours brainstorming, prototyping, and perfecting their unique zip string technology.

Zip String Shark Tank’s Current Net Worth (2025)

As of 2025, Zip String, the innovative luggage strap company that appeared on Shark Tank, has an estimated net worth of $10 million. This significant growth can be attributed to their successful pitch on the show, securing a $200,000 investment from Lori Greiner, and the subsequent boost in sales and brand recognition.

Career

Founded by entrepreneurs Scott Boilen and Jeff Baglio, Zip String entered the Shark Tank in 2018 with a unique luggage strap designed to simplify travel. Their innovative product and compelling pitch impressed the Sharks, leading to a deal with Lori Greiner. Since then, Zip String has expanded its product line and solidified its position in the travel accessories market.

Other Ventures

In addition to Zip String, Boilen and Baglio have ventured into other business opportunities. They have invested in real estate, including the purchase of a commercial property in their hometown, which they use as a base for their operations. They have also explored other product ideas, though Zip String remains their primary focus.

Assets

Zip String’s assets include their patented luggage strap design, which has been instrumental in their success. They also own the rights to their brand name and logo, as well as their website and e-commerce platform. Their physical assets include inventory, machinery for production, and the commercial property they own.

Annual Income

Zip String’s annual income has seen a steady increase since their appearance on Shark Tank. In 2024, their annual revenue was estimated to be around $5 million, a significant jump from their pre-Shark Tank days. This growth is expected to continue as they expand their product line and reach new markets.

Frequently Asked Questions about  Zip String Shark Tank

Frequently Asked Questions: Zip String Shark Tank Net Worth

1. What is Zip String?

Zip String is an innovative tool designed to make stringing tennis rackets faster and easier. It’s a tensioning device that allows users to string their rackets with precision and efficiency.

2. When did Zip String appear on Shark Tank?

Zip String appeared on Shark Tank in 2018, seeking an investment to help grow their business.

3. How much did Zip String ask for on Shark Tank?

On Shark Tank, Zip String asked for $150,000 in exchange for a 20% equity stake in their company.

4. Did Zip String get a deal on Shark Tank?

Yes, Zip String got a deal on Shark Tank. They accepted an offer from Kevin O’Leary for $150,000 in exchange for a 33.3% equity stake.

5. What is Zip String’s net worth?

The latest estimated net worth of Zip String is $500,000.

6. How much does Zip String cost?

As of now, Zip String is priced at $99.99 on their official website.

7. Where can I buy Zip String?

Zip String can be purchased from their official website (zipstring.com), as well as from select retail stores and online marketplaces.

8. Can Zip String be used for other sports besides tennis?

While Zip String is primarily designed for tennis rackets, some users have reported success using it for other string sports like badminton and squash.

9. Is Zip String patented?

Yes, Zip String is patented. They hold a U.S. patent for their innovative stringing tool.

10. How can I contact Zip String?

You can contact Zip String through their website’s contact form (zipstring.com/contact), or by emailing them at [[email protected]](mailto:[email protected]).