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| Name | BeerMKR |
|---|---|
| Net Worth | $25 Million |
| Year of Establishment | 2013 |
| Founders | Aaron Walls & Matt Goff |
| Residencial Country | America |
| Last Updated | 2024 |
Which Company is the BeerMKR & what is it known for?
BeerMKR is an American brewing company that gained prominence after appearing on Season 12 of the hit TV show Shark Tank. The program is a complete countertop craft brewing device that allows for simple home brewing.
The company is well-known for creating Immersion, a tool that enables brewers to manufacture large-style beers without the use of refrigeration.
The BeerMKR’s brewing system consists of three parts: the Brewtub, the Brewbag, and the Waste bag. These components serve several purposes within the BeerMKR. The system’s automatic heating and cooling can be controlled via a mobile device.
The famous brewing company BeerMKR Net Worth is Estimated to be $25 Million, according to Forbes Update.
BeerMKR Net Worth & Operations
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BeerKMR debuted on Shark Tank as a potential investor in Season 12 Episode 23. They pitched their business to the Sharks, hoping to receive $500,000 in exchange for a 2% ownership.
BeerKMR was started by Aaron Walls and Matt Golf, two Colorado locals and lifelong friends. The buzzing-sounding home brewing apparatus swiftly surged to notoriety in the beer business after being featured on the hit reality show Shark Tank in 2021.
BeerKMRR was established in January 2013 as a brewery and distributor. It resumed all of its normal commercial operations in 2014.
The BeerMKR’s brewing system consists of three parts: the Brewtub, the Brewbag, and the Waste bag. These components serve several purposes within the BeerMKR. The system’s automatic heating and cooling can be controlled via a mobile device.
BeerMKR Net Worth is Estimated to be $25 Million as of Recent Update.
BeerMKR Net Worth, Founders & Members
Aaron Walls and Matt Goff established the cutting-edge brewery. While attending Cornell University, the two buddies bonded over their shared interest in brewing and beer experimentation. The two eventually came up with a home brewing system they called BrewJacket (now called BeerMKR).
The Great American Beer Festival in Denver was the site of the product’s debut release. A successful Kickstarter campaign followed their efforts. Unexpectedly, the campaign was successful, raising approximately $400,000 from around 1000 backers.
The two firm founders claimed that their product was simpler, easier to understand, and more forgiving to amateur brewers. In addition, even novices may use the gadget successfully, while experts can make use of its extensive customization options.
The BeerMKR app, available for iOS and Android, notifies users when their brew is complete. The BeerMKR can brew about a 12-pack of beer in 3–7 days with minimal input from the human side of things.
BeerMKR also offers ready-to-drink MKRKITs, which come with everything you need to brew your beer. In the May 2021 episode of Shark Tank, the company’s creators pitched their product. The Sharks were offered a sampling of their homemade brews. They also provided the option to invest in the company’s future growth.
In the end, Kevin O’Leary offered the BeerMKR a deal in which he stipulated that he must receive a 9% percent on the money he invested.
BeerMKR, however, rejected the arrangement and fled without accepting any of the sharks’ investment offers. Co-founder Aaron Walls spoke on why they turned down O’Leary’s offer. He said it was unhealthy for a corporation of that scale to have such a large amount of debt on the balance sheet.
BeerMKR’s creators are currently on the lookout for a new round of financing opportunities after rejecting the initial offer. In May of 2021, BeerMKR reportedly sold 1,000 units and launched a crowdfunding campaign on Start Engine, raising over $300,000 at a $18 million valuation.
BeerMKR has been featured in numerous media sites, including Shark Tank, among others. The company’s product even took first place at the National Homebrew Competition. And at the competition, the company was called “the Olympics of home brewing.”
How much is BeerMKR Net Worth in 2024 by Forbes?
The successful and prominent American Brewing Company “BeerMKR,” which debuted its promotion on the Shark Tank Program, is valued at multi-million dollars as of the latest update.
According to Forbes, BeerMKR Net Worth in 2024 is estimated to be $25 Million.
When was BeerMKR Established?
According to our research at Networth202.com, The famous American Brewing Company was founded in the year 2013. It didn’t get much notice until it was promoted on the Shark Tank Show in 2021.
Watch BeerMKR Exclusive YouTube Interview
Summary
- It was established in 2013 by Aaron Walls & Matt Goff
- It is well-known for creating Immersion, a tool that enables brewers to manufacture large-style beers without the use of refrigeration.
- It gained prominence after appearing on Season 12 of the hit TV show Shark Tank
- Its net worth is estimated to be $25 Million as of the 2024 update.
- It also offers ready-to-drink MKRKITs, which come with everything you need to brew your beer
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