Holiball Net worth 2022, It is a Houston, Texas, United States-based manufacturing inflatable Christmas ornaments products. The company was founded in 2019 to manufacture “Texas-Sized” Christmas ornaments. It is a kind of product used for both indoor and outdoor decoration.
Holiball, an inflatable, deflectable, and reusable device, may be inflated using any household electric air pump. This Holiball can be attached to the top once it has been filled using a hanger plug.
Holliball has excellent stability, is UV resistant, and was expressly built to tolerate equine conditions. The Holiball First Flow Inflator will inflate it in just 30 seconds.
On the Holiball website, Holliball claims that they first offered their goods at the Chi Omega Christmas Market in Dallas, Texas, before expanding to the Home & Gift Buyer Market in the Market Center of Dallas.
In addition to accepting orders on its website, Holiball is offered in more than 29 US states. This item, which is available in two sizes of 18 and 30 inches, is also available on the reputable online retailer Amazon.
What Is Holiball Net Worth 2022?
As per Shark Tank, Holiball’s estimated net worth for 2022 is approximately $3.5 million. The net worth of Holiball might vary depending on the sources.
Holiball’s valuation was $1.5 million before the Shark Tank deal, with Holiball getting a $600k valuation. Holiball had also generated sales of $4.4 million by the end of 2021. The current net worth of Holiball is estimated at approximately $3.5 million.
At the time of writing, the Holiball was available in over 20 different colors and two different sizes. Each ball is available in two sizes: 18 inches and 30 inches.
The entire collection is available online as well as through select Houston merchants. Holiball’s rates range between $40 and $60. For $35, you can get an air pump, and there’s even a Whataburger collection.
Shark Tank Update On Holiball
The Holiball, which appeared in Shark Tank Season 12 Episode 7, is an inflatable Christmas ornament. Holiball inventors Kristy Moore, Jennifer Couch, and Amberly Hall sought $150,000 in exchange for 10% stock in Shark Tank.
Later, the deal was accepted by Mark Cuban and Barbara Corcoran for $150000 with 25% stock in exchange. Barbara Corcoran thinks that the producers are out of line with their valuation and makes them a conservative offer which Mark Cuban joined.
Its founders are Houston-born cousins Amberly Hall, Kristy Moore, and Jennifer Couch. They discussed launching their own business and decided to create a cheap inflatable Christmas decoration.
This company made $171,000 in sales on November 1st, 2019. By 2020, the founder expected to make $650,000 in sales. As a result, her profit from sales will increase to $300,000.
Holiball had generated sales of $ 115,000 in January of 2020, which were sales following Christmas. Before the Pandemic, this firm was entirely wholesale, with 70% of its income coming from wholesale. When the Pandemic struck, Holiball turned digital and created an SEO-optimized website.
Who Is Kristy Moore? Founders of Holiball Explored
Kristy Moore is the CEO and one of the entrepreneurs of Holiball. According to the company website, Kristy Moore and her two cousins, Jennifer Couch and Amberly Hall, came up with the idea of Holiball while on a road trip.
Kristy, a stay-at-home mom, understands she excels at paying close attention to detail. “Kristy enjoys all elements of her business, including creating, planning, and implementing, but her favorite part is witnessing her thoughts come to life,” according to the official website of Holliball.
According to All Shark Tank Products, Amberly has worked as a teacher and real estate agent previously, but now she stays at home with her three energetic redhead children.
Amberly also has a worldwide viewpoint because she has lived and traveled overseas. Her worldwide outlook was a perfect match for Kristy’s imaginative vision.
Kristy drew her sister Jennifer into the concept and used her business instincts. “Jennifer, one of the founders of Holiball, is a serial entrepreneur,” according to the site. She began a career in commercial real estate development before being forced to downsize.
Entrepreneurship had always piqued her interest and now was her time. In only two years, she and a friend developed an architectural signage company that was named one of “Houston’s 100 Fastest-Growing Businesses.”
She tried her hand at various enterprises, some of which were successful. She does, however, respect the lessons she learned from her failures. Jennifer has always had a passion for and skill for drawing interior ideas.”
