Signal Vault Net Worth 2022 – What Happened After Shark Tank

Chris Gilpin is the founder of SignalVault. He appeared on Shark Tank in 2015 with the hope of impressing the Sharks and scoring an investment of $200, 000.

He started the company after winning the lottery, which is a fascinating story.

What does SignalVault do and did Chris Gilpin impress the sharks enough to scoop up an investment?

Quick Facts About The Signal Vault Shark Tank Company

Signal Vault Shark Tank Episode:

Season 7 Episode 1

Business Type:

Protects Your Credit And Debit Card Info From Being Stolen

Owners:

Chris Gilpin

Asked For On Shark Tank:

$200,000 For 12.5%

Offer Accepted On Shark Tank:

$200,000 For 25%

Shark:

Lori Greiner And Robert Herjavec

Status:

In Business

What Does Signal Vault Company Do?

SignalVault is a company that markets itself as a solution to safeguard your credit or debit card data from hackers.

They use RFID scanners to read data from RFID chips contained in the new generation of “smart cards.”  The Signal Vault product is a credit card-sized device used by people and companies.

How Was The Signal Vault Idea Born?

The SignalVault company was founded by Chris Gilpin in 2013 after he won the lottery.

Before SignalVault, he had a career as a Senior Consultant for the National Crime Stop Program.

So, when he won the lottery, he wanted to create something that will help keep people’s data safe. You can watch this video to learn a bit more about the company.

What Offer Did They Walk Away With After Their Shark Tank Episode?

Chris went on to the Shark tank show with big hopes and dreams to impress the sharks. Luckily, he managed to impress two of the Sharks, Lori Greiner, and Robert Herjavec.

They offered a combined investment of $200,000 For 25%. Chris was happy and took the deal!

Where Is The Signal Vault Company Today?

After SharkTank, Chris managed to increase his company’s workforce by hiring 12 new employees and expanding their office.

After SharkVault appeared on QVC, they sold more than 300,000 cards in less than eight minutes. 

Chris won the lottery and decided to create a company with the sole focus of keeping people’s data safe. After Shark Tank, he managed to build the company to even more success.

To purchase a SignalVault card, you can visit their official website!