What Happened To SquareKeg After Shark Tank?
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Wildwonder After Shark Tank Update: SquareKeg is a company, whose product SquareOne Mini Keg fits easily in any fridge and cooler and keeps beer and beverages fresh for a long time. It works like a small refrigerator although it is not a refrigerator.
SquareOne has the reputation of keeping a wide variety of beverage products fresh, this includes wine, kombucha, cold brew, cocktails, and many more. You can put any beverage in this mini keg and drink it in the same test for a long time.
The SquareOne Mini Keg is a unique product that works to solve a major problem. Many people do parties and long trips, they carry different types of beverages and drinks with them in large quantities.
What Is SquareKeg (SquareOne Mini Keg)?
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SquareKeg is a company that has developed a Portable Stainless Steel SquareOne Mini Keg for long-term storage of beverages.
This mini keg has a capacity of 128 Oz and we can put any type of drink as Craft Beer, Batched Cocktails, Kombucha, Mocktails, Red or White Wine, and many more. It uses 16-gram CO2 Cartridges and nitrogen to keep the drink fresh in any situation for a long time.
Due to this keg being portable, it can be taken with you anywhere like At a Party, Boating, Camping, RV-ING, Tailgating, Golfing, and many more.
The two editions of the SquareOne are Mini and Nitro. Its price is $249 and $399. This product is available on the company’s website along with Amazon.
Who Is The Founder Of SquareKeg?
Tim Louck is the president of SquareKeg Company. Tim is a Sales & Accountant Person from Profession. After completing his BA, in Business, Communications, and Life Sciences from Eastern Washington University, he was an account manager for 1 year at Burkhart Dental.
He also worked as Enterprise Sales Director at Spoke for 2 years. For 9 years, he worked as a sales representative at Stryker, a medical devices and equipment manufacturing company.
SquareKeg Shark Tank Update
Company Name | SquareKeg | |
Founder | Tim Louks | |
Founded | 2017 | |
Product | beverage containment solutions for craft beer | |
Asked For | $300K for a 10% equity | |
Final Deal | $300K for a 20% equity | |
Shark | Kevin O’Leary | |
Episode (Shark Tank USA) | S14 E6 | |
Air Date | Nov 11, 2022 | |
Business Status | In Business | |
SquareKeg Net Worth | $2M *estimated | |
Headquarters | Spokane, Washington, United States | |
SquareKeg Instagram | View Profile | |
GO TO AMAZON | Buy Now |
Also Read This: What Happened To Plop Star After Shark Tank?
SquareKeg on Shark Tank Pitch
Tim Louks entered Shark Tank with its product SquareOne and asked Shark for $300k for a 10% equity. About this product, Louks explained the shark completely and what purpose this product is made for.
Daymond John did not like this product so much so he is out. Lori Greiner, Peter Jones, and Mark Cuban walked out of the deal citing their reasons.
Kevin O’Leary made an offer of $300K for a 20% equity. The entrepreneur countered Kevin’s offer of 15% equity but Kevin said no. The entrepreneur finally agreed to Kevin’s 20% equity offer.
SquareKeg Net Worth
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The SquareOne Mini Keg is an expansive container that serves to keep the beverages fresh but not everyone can afford it. Due to the product being expensive, its sales are also not getting very good. At present, SquareKeg’s net worth is approximately $2 Million.
Is SquareKeg Still In Business?
Yes, SquareKeg is still in business as of February 2024.
This product is available on Amazon with a rating of 4.6 but very few people have reviewed this product on Amazon. A reviewer says this product is not working on all beverages.
This company is headquartered in Spokane, Washington, United States and the founder is currently self-employed.
FAQs
SquareKeg was founded by Tim Louck.
SquareKeg has an estimated worth of $2 million.
Yes, SquareKeg is still in business as of February 2024.
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