The TripleLight is a brand-new torch type. Everything around you is illuminated. It emits a broad 180-degree arc of light. Standard flashlights only illuminate in a straight line. It may be difficult to see everything because of this. This issue is resolved by TripleLight. It was designed to improve vision in low light. Nancy Pritchett and Ron Pritchett are the inventors. They hail from California’s San Diego.
After Ron had nearly fallen down some steps, they founded the business. Not everything could be illuminated by his torch. There must be a better way, he reasoned. TripleLight was created in this manner. Ron and Nancy sought assistance on Shark Tank. They were asking for $400,000 for ten percent of their business.
They demonstrated the flashlight’s operation to the Sharks. The Sharks were amazed. They asked many questions. Will the entrepreneur get a deal on Shark Tank? Check out the Triple Lite update to find out!
Triple Lite Net Worth Shark Tank Update 2025
Ron and Nancy Pritchett asked for a $400k investment in exchange for 10% equity in their company. This meant they valued their company at $4 million. They made a deal with Lori and Mark for $400k in exchange for 20% of their company. This new deal valued their company at $2 million. After the show aired, TripleLight saw a big increase in website traffic, sales, and social media exposure. With an estimated 10% yearly growth rate (typical business growth), the current net worth of TripleLight in 2025 is about $3.22 million.
In our Triple Lite Update update research, TripleLight continues to thrive today. People all throughout the world are benefiting from it. The torch is widely used. People adore how it illuminates their surroundings. It may be used for a variety of purposes, such as walking dogs when camping or even when there is no electricity. Ron and Nancy continue managing the business.
They are putting a lot of effort into expanding the company. There are several stores that sell flashlights. They are available for purchase in shops and online. The business has sold millions of dollars.TripleLight is protected by patents in several nations. This implies that their design cannot be copied by someone else. The business intends to grow even more with Lori and Mark’s assistance. They hope to expand the flashlight’s global distribution network.
In terms of a Triple Lite Update update, They did indeed. Ron and Nancy struck a deal with Mark Cuban and Lori Greiner. They made an offer of $400,000 for a quarter of the business. Nancy and Ron accepted the agreement. Mark and Lori pledged to support TripleLight’s expansion. They have several relationships with large retailers.
They wish to assist Ron and Nancy in entering these establishments with their torch. Mark and Lori also discussed product licensing. The business may make even more money as a result.
| Shark(s) name | Offer & Demand | Counteroffer | Accepted? |
| Daniel Lubetzky | $400,000 for 25% equity | $400,000 for 20% equity | N/A |
| Lori Greiner | $400,000 for 25% equity | $400,000 for 20% equity | Yes |
| Kevin O’Leary | $400,000 for 49% equity | $400,000 for 20% equity | N/A |
| Robert Herjavec | $400,000 for 20% equity(with Daniel) | N/A | N/A |
| Mark Cuban | $400,000 for 25% equity | $400,000 for 20% equity | Yes |
Triple Lite Shark Tank pitch
TripleLight was created by Ron and Nancy Pritchett. The torch was created in order to address an actual issue. Ron was descending some stairs one evening. He was holding a standard torch. He shifted the torch when he noticed something over to the side. The steps turned black as he did. He nearly fell. Ron paused to reflect. Why does he have to constantly switch the torch? He desired a torch that could illuminate everything simultaneously. The TripleLight torch was born out of this concept.
Neither Ron nor Nancy are professionals in the field of invention. Ron plays professional golf. Nancy was a mother who stayed at home. Nancy made the decision to assist Ron when he had the idea. She gained extensive knowledge in managing a firm. She handled patents, sales, and marketing. The couple has several obstacles to overcome. They struggled to secure funding to launch the company.
They took in an investor in 2016. However, the investor attempted to acquire the business. In order to regain their firm, Ron and Nancy had to struggle. They regained complete control by 2018. They persisted in spite of these difficulties. They put a lot of effort into making their product successful. Their torch is currently assisting people worldwide.
Ron and Nancy got off to a great start with their pitch. The studio’s lights were switched off. This cast a shadow over everything. After that, they demonstrated how a typical torch operates. It just shines directly in front of you. The TripleLight was then displayed by Nancy. The entire room was illuminated. The Sharks were in amazement. Ron and Nancy described the flashlight’s operation. Three LED bulbs are used. The arrangement of these lamps illuminates a 180-degree arc. A dark route or a whole room can be illuminated by the torch.
The pair requested $400,000 for 10 percent of their business. They clarified that the cost of manufacturing the torch is $6.50. The wholesale price is $15. The retail price is $29.95. Additionally, the creators disclosed their revenue figures. They made over $1 million last year. They anticipate earning $1.5 million this year. They also talked about how they resisted an investor’s attempt to take over their business. The Sharks were impressed by their courage.
The Sharks asked a lot of questions concerning the product. They were curious as to how it operated and what made it unique among flashlights. Ron and Nancy clarified that three LED bulbs were utilized in the TripleLight. The light was able to shine in a broad 180-degree arc thanks to these lights.
The success of the product intrigued the Sharks. They questioned why the technique had not been adopted by the major torch manufacturers. According to Nancy, their patents were in 27 different nations. They had not accepted any of the offers they had received from other businesses. The businesses merely wanted to pay nominal royalties. Ron and Nancy chose to maintain complete control over the business instead.
The price of the product also caught the Sharks’ attention. Nancy clarified that the cost of manufacturing the torch is $6.50. In-store prices were $29.95 and wholesale prices were $15. The Sharks found the product even more appealing because of the large profit margins.
The Sharks were also curious as to why the product took so long to succeed. Nancy clarified that they had certain difficulties with investors. They hired an investor in 2016 to provide funding and guidance. An attempt was made by the investor to take over the business. They retaliated and regained control in 2018.
The Sharks responded differently to the pitch. The initial offer was made by Kevin O’Leary. He requested $400,000 for 49% of the business. Nancy and Ron promptly turned down this offer. They were unwilling to cede so much authority over their business.
Next came an offer from Daniel Lubetzky. He was prepared to pay them $400,000 in exchange for a quarter of the business. He pledged to assist the Pritchetts in expanding their company. He believed the product may succeed in large retail establishments.
Then Lori Greiner joined forces with Mark Cuban. They offered something comparable. They sought $400,000 for a quarter of the business. They also pledged to assist with sales and marketing. Lori and Mark were well-connected in the retail industry.
They believed they could assist in getting TripleLight into Home Depot and other businesses. Nancy enquired as to whether anybody would reduce their offer to twenty percent. In exchange for Daniel joining him, Mark agreed to 20 percent. Daniel accepted this agreement as well. But Ron and Nancy chose to accompany Lori and Mark. Lori and Mark agreed to collaborate in order to support the expansion of the business.
They intended to get the product into retailers by using their contacts. They also considered granting other businesses licenses to use the product. Ron and Nancy were certain that Mark and Lori were a good match.
What Went Wrong With Triple Lite On Shark Tank?
Not every Shark was intrigued even with the excellent product and compelling pitch. The offer from Kevin O’Leary was for 49% of the business. Ron and Nancy didn’t want to disclose too much about their company. They desired to maintain control over their business and goods.
Some Sharks wanted to know why bigger corporations hadn’t accepted the product. They felt it was a brilliant concept but they didn’t know why there hadn’t been more interest. Nancy and Ron clarified that they held patents in several nations. A number of offers had been made to them but they had declined as they didn’t want to give up too much of their business.
The pair ultimately reached an agreement with Mark Cuban and Lori Greiner. They thought that TripleLight might expand even more quickly with their contacts and experience.
Product Availability
The torch TripleLight emits light in a broad 180-degree arc. This makes it ideal for both home safety and outdoor activities. It illuminates a wider area, which sets it apart from other flashlights. The torch uses three LED bulbs to illuminate the area. People may see more of their environment because of this.
You may purchase the torch online. It is available for purchase on the TripleLight website. Amazon and other online retailers sell it as well. $29.95 is the retail price. People who require a stronger light that shines in all directions will find the torch to be a superb offering. Eventually, Ron and Nancy want to open more businesses. They want to approach major businesses like Home Depot with Lori and Mark’s assistance. They also intend to grant other businesses licenses to use their goods.
Conclusion
TripleLight is a product that is revolutionary. It resolves an actual issue. There is nothing like the torch that Ron and Nancy made. They put a lot of effort into making the product successful. Their Shark Tank journey demonstrated their determination.
The business has expanded even further with Lori and Mark’s assistance. TripleLight appears to have a bright future. Expect even additional improvements for product fans. The business intends to grow and reach a wider global audience.
Hey, I’m Amna Habib an undergraduate student of Bachelors in Business Administration. Shark Tank is one of my favorite TV shows of all time. The show provides a fascinating insight into the world of entrepreneurship by presenting creative solutions to common problems, which strongly connects to my academic interests. I’m interested in learning more about the strategic thinking and creativity that lead these companies as each pitch provides insightful information. I’ve found that watching Shark Tank has inspired my enthusiasm for business and entrepreneurship and has been a very enlightening and motivating experience. Apart from business and writing, I love food, shopping, and hanging out with friends and family. Read more About me.
