LARQ Net Worth Shark Tank Update 2025

We rely on reusable water bottles every day. But they can get very dirty. Studies show they may have more bacteria than a toilet seat. They can smell like old gym socks. Most people avoid cleaning them because it takes time. As a result, many use single-use plastic bottles instead. That hurts our health and the planet.

Justin Wang wanted a cleaner solution. He invented the LARQ bottle, the first self-cleaning water bottle. It uses UV light to purify water and clean the bottle’s interior. Just tap a button, and it sanitizes itself in about a minute. No soap. No scrubbing. Only clean water on the go.

He brought his invention to Shark Tank Season 12 seeking help. The LARQ bottle promised safer, fresher water for people everywhere. The Sharks responded with a historic offer. This article explores their pitch, deal, and where the company is now.

LARQ Net Worth Shark Tank Update 2025

Justin was looking for an investment of $500k in exchange for 1% equity in the company. At the time of the episode, he valued his company at $50 million. Justin successfully secured a deal with Kevin and Lori for an investment of $1 million for 4% equity in the company. The investment adjusted the company’s net worth to around $25 million. After the show was aired, the company experienced a good boost in exposure. As per my rough estimate, the current net worth of LARQ is around $100 million.

Shark(s) name	Offer & Demand	Counteroffer	Accepted?
Daymond John	Out	N/A	N/A
Lori Greiner, robert, Kevin	$500,000 for 5% equity$1.5M for 6% equity	$1.5M for 4.5% equity + 1% advisory$1.5M for 4.5% equity + 1.5% advisory	No
Kevin O’Leary and Lori	$500,000 for 4% equity$1,000,000 for 4% equity	$1M for 3% equity + 1% advisory	Yes
Robert Herjavec	$500,000 for 3% equity + 2% advisory	N/A	No
Mark Cuban	Out	N/A	N/A

Justin Wang Backstory + Their Initial Pitch

Justin Wang launched LARQ in 2018. He combined smart UV-C tech with stainless steel bottles. He also built a planned pitcher version using the same purification tech. By 2021, he had strong sales, $6.5 million in the bank, and growing interest in sustainable products.

On Shark Tank, Justin outlined the problem clearly. Dirty bottles. Unpleasant smells. Harmful germs. His solution: a bottle that cleans itself at the touch of a button. He demonstrated the UV light system and described both clean modes. He shared financials: $95 retail price, $40 cost, a growing product line. He asked for $500,000 in exchange for 1% of the company, valuing it at $50 million.

Queries + Shark’s Responses, and Final Deal

Daymond John spoke first. He acknowledged the bottle’s success but said Justin didn’t need help, given the $6.5 million in savings. He declined.

Mark Cuban agreed. He saw no need for investment, given the existing funds and company momentum. He also exited.

Kevin O’Leary was the first to make an offer. He offered $500,000 for 4% of LARQ. He believed in the tech and saw room for margin growth.

Lori Greiner immediately matched Kevin’s offer for the same amount, but asked for 5% equity.

Robert Herjavec got up off the couch with $500,000 for just 3% equity and an added 2% in advisory shares.

At that point, three offers were on the table.

Justin then made a bold move. He asked the Sharks if they would combine their offers. He wanted $1.5 million for 4.5% equity and 1% advisory shares.

Robert walked away. But Kevin and Lori agreed to his terms—investing $1 million for 4% of the company. Justin accepted the deal on air.

Product Availability

LARQ bottles are available worldwide. They sell on the official website and on Amazon. They are also stocked in major retailers such as Best Buy, Bloomingdale’s, Williams‑Sonoma, and others. Best Buy lists them with 24-hour cold performance, self-cleaning modes, and UV-C tech.

The lineup includes multiple sizes and colors: PureVis insulated bottles, single-wall bottles, and the new pitcher. Bottles range in price from $95 for standard sizes and up to $148 for pitchers.

They offer accessories such as replacement caps, filters, chargers, and sleeves. LARQ pumps 1% of revenue into clean water charities, and its products come with a one-year warranty.

What Happened To The LARQ After Shark Tank?

Weeks after filming, LARQ closed a $10 million funding round. In September 2020, they raised $11 million in Series A to launch the pitcher and expand manufacturing. They pre-sold 20,000 pitchers successfully.

By November 2021, they reported $20 million in annual sales. They projected $30 million in revenue for 2022. As of early 2023, they hit that goal, and LARQ continues to generate double-digit million-dollar revenue annually.

LARQ expanded its retail reach by partnering with Vision USA for promotional channels. In early 2024, the company was acquired by Brita GmbH, the European arm of Brita. Despite the acquisition, LARQ continues to operate independently under Justin’s leadership. Sales expand now into European markets, building on its UV-C platform.

Conclusion

Justin Wang saw a real everyday problem: reusable bottles get dirty. He solved it with a smart bottle that cleans itself using UV light. On Shark Tank, he wowed the panel and landed a record-breaking offer of $1 million for 4% equity from Lori and Kevin. Though the deal didn’t close, LARQ thrived.

With over $10 million raised outside the Tank, LARQ launched pitchers, expanded into major stores, and raised $20–30 million in revenue per year. Their UV-C tech proved scalable and appealing. A 2024 acquisition by Brita GmbH gives them even greater reach in Europe, while Justin remains at the helm.

LARQ shows how solving a real problem with smart tech can launch big growth, dealing or no deal on national television. This bottle is no longer just a gadget. It’s part of a movement toward cleaner water, healthier habits, and sustainable consumer design. LARQ’s journey is proof that innovation and grit can turn a simple idea into a billion-dollar reality.