Zapper.Co.Uk Net Worth 2022 – What Happened After Dragons’ Den?
No one could imagine how much online services would skyrocket back in 2009, especially ones that put money in your pocket.
But the founder of Zapper, Ben Hardyment did and so he pitched his idea to the Dragons’ Den panel in 2012. According to Real Business he asked for £250,000 in return for a 7.5% stake and since then has grown the company from strength to strength, build a net worth of over $3 million in the process.
How did it go? Did Ben get his investment and what became of Zapper after the show?
That’s what you can find out in today’s article.
What is Zapper.Co.Uk?
Zapper is a unique trade-in platform that provides cash valuations on your unwanted items.
What sets Zapper apart from the rest of its competitors is that they don’t reject items that don’t have a resale value.
So if your items have no value, Zapper will either refurbish or recycle them.
How It Works Is:
-
You download the Zapper app onto your SmartPhone
-
Use it to scan the barcodes of your books, CDs, DVDs and more
-
The site will then give you the value of the item
-
You can sell your items on the site and get cash for them
Who Are The Owners Of Zapper.Co.Uk?
Ben Hardyment and Mat White founded Zapper in 2009. In 2012 Mat and Ben wanted to take their technology company to the next level.
They had a vision and wanted to improve their online retail store and that’s when they decided to pitch their idea to the Dragons’ Den.
When Did Zapper.co.uk Make an Appearance on Dragons’ Den?
The Dragons’ Den show that Ben featured in was filmed in May 2012 and the footage aired on BBC in October 2012.
When Ben pitched his idea he stated that he had accumulated over 5000 customers and the company reached monthly revenues of £150,000.
The dragons on the panel were apprehensive about making an investment. There were plenty of questions and an intense dual with the dragons.
Dragons’ Den Investment – Did It Go Through?
On the show, all but one of the dragons on the panel felt insulted by Ben’s pitch because they said his valuation of the company was incorrect.
But Theo Paphitis who is a retail expert saw potential in Zapper. Ben suggested there would be a 10-fold return of investment in three years.
Find Any Answer states that Theo made Ben an offer for the full £250,000 but for 30% of the profit. Ben accepted the offer and now it’s one of the biggest online trade-in sites in the UK.
Is Zapper.co.uk Still in Business?
Zapper is still in business today. If you check on Owler the company has estimated revenue of $2 million annually.
The company is located in Hampstead West 224, Unit 9, London where you can drop off the items you’d like to sell. Visit the company website to see how to trade in your old items.
Conclusion
So if you want to know what your items are worth, simply use Zapper to scan barcodes. You never know, you might have a valuable item lying around your house.
Zapper has plenty of positive reviews on Trustpilot so you’re guaranteed a service that will put money in your pocket for items you don’t want anymore.
