HyConn Net Worth Shark Tank Update 2025

Firefighter Jeff Stroope had a problem. Connecting hoses to fire hydrants took too long. This wasted precious seconds during fires. To solve this, Jeff created HyConn. HyConn is a special tool. It helps firefighters connect hoses to hydrants very fast. Jeff believed his invention could save lives. He wanted to share it with the world. So he went on the TV show Shark Tank. He hoped to find a partner to help him.

On the show, Jeff showed how HyConn worked. He asked for money to grow his business. Will the entrepreneur get a deal on Shark Tank? Check out the HyConn update to find out!

HyConn Net Worth Shark Tank Update 2025

Jeff Stroope went on Shark Tank asking for $500,000 for 40% of his company. This meant he thought his business was worth $1,250,000. He made a deal with Mark Cuban for $1,250,000 for 100% ownership plus royalties, valuing it at $1.25 million. The episode was aired on May 20, 2011. The deal later fell through, and the business became inactive. The current net worth of HyConn is $0 in 2025.

After the show, Jeff and Mark Cuban talked more. They tried to finalize their deal. But they had different ideas. Mark wanted to license the product. Jeff did not agree with this plan. So the deal did not happen. Without Mark’s help, Jeff faced challenges. He needed money to make HyConn devices. He looked for other investors. It took several years. He found a company called 101 Ventures.

They planned to make HyConn devices in 2011. But this did not happen. As of 2025, HyConn’s website is still online. But you cannot buy the product. The website’s shop is unavailable. Their social media pages have not been updated for years. It seems HyConn is not active now.

On Shark Tank, Jeff asked for $500,000. He offered 40% of his company. Mark Cuban liked HyConn. He made a big offer. He offered $1.25 million. He wanted 100% of the company. He also offered Jeff a job for three years. Jeff would earn $100,000 each year. Plus, Jeff would get 7.5% of future profits. Jeff accepted Mark’s offer. But later, they could not agree on some details. So the deal did not happen.

Shark(s) Name	Offer & Demand	Counter Offer	Accepted?
Daymond John	Out	N/A	N/A
Robert Herjavec	Out	N/A	N/A
Kevin O’Leary	$500,000 for 100% equity	N/A	N/A
Barbara Corcoran	Out	N/A	N/A
Mark Cuban	$1.25 million for 100% equity	N/A	Yes

HyConn Shark Tank pitch

Jeff Stroope served as a firefighter. He understood that each moment is crucial during a fire. He noticed that linking hoses to hydrants required too much time. This hold-up might be hazardous. Jeff aimed to resolve this issue. He considered it a fresh instrument. This device would enable firefighters to quickly connect hoses. He named it HyConn. Establishing HyConn was quite challenging.

Jeff encountered numerous difficulties. He required funds to create the tool. He required others to have faith in his concept. Certain individuals did not believe it was achievable. However, Jeff persevered. He put in a lot of effort. He was convinced that HyConn had the potential to save lives. He aimed to provide it for every firefighter.         

On Shark Tank, Jeff wore his firefighter gear. He brought two firefighter friends with him. They showed how HyConn worked. They compared it to the standard method. HyConn was much faster. The sharks were impressed. Jeff asked for $500,000. He offered 40% of his company. He explained how HyConn could help firefighters. He also talked about a version for garden hoses.

This could be sold to homeowners. The sharks listened carefully. They had many questions. They wanted to know more about the business.

The sharks had many questions. Robert Herjavec and Barbara Corcoran were worried. They thought fire departments might not have the money to buy HyConn. Jeff said he had talked to some departments. Four were ready to buy. Six were preparing paperwork. Robert asked about the price. Jeff said the smaller ones cost $215. The larger ones cost $385. Kevin O’Leary was concerned.

He noted that the government was the main buyer. He asked if Jeff had talked to distributors. Jeff said yes. But the distributors wanted him to have $500,000 in capital. Daymond John thought this was a bad sign. He believed the distributors did not fully trust the product. So he decided not to invest. Barbara also decided not to invest. She thought departments could not afford it. Robert asked why Jeff was not making connectors for garden hoses. Jeff showed a prototype. He said he was focusing on fire departments first.              

Mark Cuban liked the garden hose idea. He made a big offer. He offered $1.25 million for 100% of the company. He also offered Jeff a three-year job at $100,000 per year. Plus, Jeff would get 7.5% of future profits. Kevin O’Leary made a different offer. He offered $500,000 for 100% of the garden hose product. He also offered a 5% royalty on sales. Robert asked Jeff what he thought of Mark’s offer.

Jeff said he preferred a 7.5% royalty. Robert thought this was too generous. So he decided not to invest. Kevin did not change his offer. Mark agreed to the 7.5% royalty. Jeff accepted Mark’s offer. But later, they could not agree on some details. So the deal did not happen.

What Went Wrong With HyConn On Shark Tank?

Some sharks did not invest. They had reasons. Daymond John thought distributors did not trust the product. Barbara Corcoran believed departments could not afford it. Robert Herjavec was interested in the garden hose idea. But he thought Mark’s offer was too generous. So he did not invest. Kevin O’Leary made an offer. But it was only for the garden hose product. Jeff wanted to focus on helping firefighters.

So he did not accept Kevin’s offer. In the end, Jeff accepted Mark Cuban’s offer. But later, they had disagreements. Mark wanted to license the product. Jeff did not agree. So the deal did not happen.

Product Availability

HyConn is a special tool. It helps firefighters connect hoses to hydrants quickly. This saves valuable time during fires. There is also a version for garden hoses. This makes it easy for homeowners to connect and disconnect hoses. As of 2025, HyConn’s website is still online. But you cannot buy the product. The shop is unavailable. The “Become a Reseller” link does not work. Their social media pages have not been updated for years. It seems HyConn is not active now.

Conclusion

Jeff Stroope created HyConn to help firefighters. He presented it on Shark Tank. He made a deal with Mark Cuban. But later, the deal did not happen. Jeff faced many challenges. He worked hard to keep HyConn going. But as of 2025, it seems HyConn is not active.