Do you want to know what happened to Amber Charger after appearing on Shark Tank? This post talks about the present-day amber charger net worth and lots more.

Amber Charger Net Worth Overview

Amber Charger was a business enterprise whose proposal was seen on the 6^th Season of Shark Tank.

This company deals in the business of mobile phone charging stations. The ideology was to provide a safe and secure means for charging phones in public places.

Bill and Kyle came up with the proposal for an Amber Charger on Shark Tank. But none of the sharks offered any kind of deal. The reason was that they were skeptical about their idea.

Hence, Bill and Kyle didn’t get any support from the show. They asked for 200,000 dollars in place of 20% equity in Amber.

The company tried its best to survive. After a short time, in 2015, it went out of business. This happened because there was no potential demand for its products and services.

At one point in time, Amber Charger was a company whose valuation was 1 million dollars. But it completely went out of business after 2015. Hence, Amber Charger Net Worth at the present is 0 dollars.

The Idea Behind Amber Charger

This venture’s prototype was to provide safe mobile phone charging stations to the public.

The Amber Charger mechanism was simple. One needed to drop the phone into an empty compartment. Then the next step was locking the device with the fingerprint scan. The phone would instantly start charging after this. This facility was meant to provide a completely secure means of charging.

The entrepreneurs behind this brand were Kyle Byrd and Bill Shuey.

Bill has a degree in political science and Kyle has a degree in the field of industrial design. They spent 11,000 dollars from their own money to start Amber Charger.

Details about the Company

Name Of The Company	Amber
Category	Charging stations for mobile phones
Appeared On	Shark Tank Season 6 – Episode 1
Deal’s Details	The company didn’t secure a deal on Shark Tank
Asked For	The asking was for 200,000 dollars for a 20% stake in the company
Amber Charger Net Worth in 2024	0 dollars
Past Net Worth	1 million dollars
Status Of Business	Out of Business

Amber Charger Net Worth Summary

Amber Charger was a company that failed to secure a deal on Shark Tank Season 6. The idea of mobile phone charging stations was disapproved by the sharks. After 2015, the establishment went completely out of business. The main reason was very poor demand for its products and services. Amber Charger net worth is 0 dollars at the present moment. For more accurate finance-based information make sure to access Financereview.Org.