ProntoBev Net Worth After Shark Tank Deal with Mark Cuban

The story of a product invention can be very captivating. If you have ever heard about the invention of ProntoBev, you must be fascinated. Nevertheless, people might be more curious about the ProntoBev net worth especially since this product got a big investment from Shark Tank.

Let’s find out further about this product.

What is ProntoBev?

Before you go further to the ProntoBev shark tank story, you need to know about what ProntoBev is. It is more than just an invention.

This product has been patented, after all. The main purpose of this product is to chill a bottle of wine quickly.

It takes only 30 seconds to chill a bottle of wine with this product while you usually need about 20 minutes to do so in a freezer.

More importantly, this product cannot only be used for chilling wine. It can also be used to chill other beverages including water, juice, tea, coffee, and vodka.

Imagine, you can drop the bottle temperature to 11ºC in just 30 seconds with this product.

The temperature can be controlled accurately to meet the necessity of the beverage.

How to Use ProntoBev

You might not have any imagination about the way this product works just like about the ProntoBev net worth.

Nevertheless, you might not need to know that deep about the engineering behind the product.

The most important thing is that you know the way to use this product. First of all, you need to store the ProntoBev in the freezer.

Anytime you want to chill your beverage quickly, you only need to pour it in your ProntoBev. After 30 seconds, you can pour it back to the bottle in chilled condition.

Shark Tank Business Pitch

This product was invented by Alexander Simone. To fund his business producing this product, he pitched his business on Shark Tank in 2017.

He was looking for a $100.000 investment with a five percent equity exchange.

The product has impressed Kevin O’Leary who is a wine connoisseur since it does not dilute the beverage.

An offer has made by O’Leary but he wanted to have half of the company in exchange. Simone finally accepted the offer from Mark Cuban that gave $100,000 for 25 percent equity in exchange.

After the deal, you might want to know more about the ProntoBev shark tank update.

ProntoConcepts

The ProntoBev is only a product. The ProntoBev net worth went further since it is produced by ProntoConcepts. After the Shark Tank deal with Mark Cuban, the company offers additional shares for more potential investors.

The price for potential customers has been cut off to 30 percent. The initial price was $139 but it was offered at $97.

A much lower price can be found for the Chiller Pronto All in One Pourer at Amazon.

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ProntoBev is not the only product offered by ProntoConcept, after all. There is also the ProntoAer product that is considered the faster aerator in the world.

This product can fit over any kind of glasses. There is no need for large decanters with this product. The wine aroma can be improved with this product as well.