Following his appearance on Shark Tank with his agency, Phoozy, American stock vehicle racing driver Kevin Conway garnered multiple headlines.
Following his appearance on ABC Shar Tank, an American business reality television series, the former NASCAR driver turned entrepreneur has become a hot topic.
PHOOZY is a first-of-its-kind thermal capsule developed with NASA expertise that protects phones from overheating in the sun and prevents them from freezing in the cold.
What Is Phoozy?
Phoozy is a phone case created from NASA space suit material. The thermal material shields your phone from harmful UV rays as well as harsh cold and heat.
It keeps your phone cool in the sun and keeps it warm when the temperature drops below freezing.
Additionally, Phoozy offers drop protection. The case also incorporates float protection, so if you drop your phone in water, it will float.
Covers for different Android and Apple cellphones are available from the company.
What It’s Net Worth, Revenue & Breakdown:
Phoozy’s net worth is expected to be $1.3 million in 2021, according to Trend Net Worth.
The cost of phone covers is determined by the type of phone you own. The Phoozy cellphone covers a range in price from $20 to $99.
According to Kevin Conway, Phoozy made $1.9 million in its first 36 months of sales.
In 2019, the company produced $700,000 in revenue and estimated that it will make $1.5 million by 2020.
Was their prognosis accurate? According to the latest data, the company has generated an estimated $4 million in sales since its debut in 2017. That’s quite an accomplishment!
Who Is the Owner – What’s Their Net Worth?
Kevin Conway is the owner of Phooey. With a net worth of $1.9 million, he is a well-known NASCAR driver.
He was also named Rookie of the Year in the 2010 NASCAR Cup Series and now works as a Lamborghini factory instructor.
Josh, on the other hand, is a digital marketing professional who co-founded Phoozy and works for The Home Depot as an eCommerce specialist.
Why Is Phoozy so Popular?
Phooey is a popular product since it allows you to take your electronic devices on outdoor trips with you.
When going on an outdoor vacation, most people leave their cellphones or tablets at home for fear of them being harmed by the environment.
However, using Phoozy, you can keep your gadget from scorching in the sun or freezing in the cold.
Different colors, such as gold, silver, and black, have recently been added to the smartphone cover. For further protection, the newest shells contain more cushioning.
Shark Tank Appearance – Did It Go Through?
Kevin and Josh made an appearance on Shark Tank’s 12th season. The two founders took the stage to ask for $500,000 in exchange for a 10% interest in the company.
The sale went through, thanks to Robert Herjavec and Lori Greiner, who offered the team a $500,000 investment with 8% equity and $1.5 per case.