SignalVault Update | Shark Tank Season 7
SignalVault became a household name after appearing on Shark Tank Season 7, where founder Chris Gilpin pitched his innovative RFID-blocking solution to protect consumers from credit card fraud.
His pitch impressed the Sharks and secured a lucrative deal that catapulted his business to new heights.
You’re in the right place if you’re looking for a SignalVault Shark Tank update.
In this post, we’ll recap the company’s Shark Tank journey, highlight post-show growth, and examine key factors behind its success.
SignalVault’s Shark Tank Pitch
The Founder & Business Idea
Chris Gilpin developed SignalVault after realizing how easily criminals could steal credit card information using RFID scanners.
His solution? A slim, battery-free card that blocks unauthorized scans when placed inside a wallet.
Shark Tank Pitch Details
- Entrepreneur: Chris Gilpin
- Business: RFID-blocking card to prevent digital theft
- Ask: $200,000 for 12.5% equity
- Final Deal: $200,000 for 25% equity
- Sharks: Robert Herjavec & Lori Greiner
Shark Reactions & Deal Outcome
| Shark | Offer | Decision |
| Kevin O’Leary | $200,000 for 20% equity | Interested but lost out to Robert & Lori |
| Lori Greiner | Initially $200,000 for 18% equity, later partnered with Robert | Partnered with Robert for $200,000 for 25% equity |
| Robert Herjavec | $200,000 for 15% equity, later teamed up with Lori | Partnered with Lori for $200,000 for 25% equity |
| Ashton Kutcher | No offer | Concerned about competition |
| Mark Cuban | No offer | Believed Kevin’s deal was the best |
Chris ultimately accepted a joint offer from Robert Herjavec and Lori Greiner, giving up 25% equity for the $200,000 investment.
SignalVault Post-Shark Tank Success
SignalVault’s appearance on Shark Tank had an immediate impact, leading to skyrocketing sales and expansion into major retail channels.
Here’s how the company has grown since its TV debut.
Sales & Revenue Growth
| Period | Revenue Milestone |
| Before Shark Tank | $300,000 (45,000 units sold) |
| Few months post-show | $2 million |
| Annual revenue (current) | $5+ million |
One of the biggest boosts came when Lori Greiner helped Chris launch SignalVault on QVC, where they sold out 4,800 units in just eight minutes.
Retail Expansion & Distribution Deals
| Retailer/Platform | Availability |
| QVC | Sold out within minutes |
| Amazon | Still available |
| SignalVault Website | Direct-to-consumer sales |
Robert Herjavec also played a critical role in improving the company’s online presence, redesigning the website, and optimizing its SEO to handle the surge in demand.
New Product Launches & Strategic Partnerships
While SignalVault started with its original RFID-blocking card, the company has since expanded its product line.
Some newer offerings include:
- SignalVault 2.0 – An improved version with enhanced RFID-blocking technology.
- Cybersecurity Awareness Campaigns – Partnerships with financial institutions to educate consumers on digital security threats.
Key Factors Behind SignalVault’s Success
Perfect Timing
The business launched when consumer awareness of credit card fraud and data breaches was at an all-time high.
Shark Tank Exposure
Appearing on Shark Tank provided credibility and immediate visibility, leading to a sales explosion.
Strong Retail & Online Strategy
With Lori’s expertise in QVC sales and Robert’s knowledge in e-commerce, SignalVault scaled quickly across multiple channels.
Product Simplicity & Effectiveness
Unlike competitors requiring batteries or frequent replacements, SignalVault’s simple, no-maintenance design made it highly appealing to customers.
Final Thoughts | SignalVault’s Journey & Lessons Learned
SignalVault’s success story perfectly exemplifies how the right mix of innovation, timing, and strategic partnerships can turn a small idea into a multi-million-dollar business.
From securing a deal on Shark Tank to expanding into mainstream retail, Chris Gilpin’s journey highlights the power of persistence and intelligent business scaling.
With continuous product improvements and a strong brand presence, SignalVault remains a trusted name in digital security.
As cybersecurity concerns continue to grow, the company is well-positioned to expand further.
Want to stay updated on SignalVault and other Shark Tank businesses? Keep checking back for the latest updates!
What do you think about SignalVault’s journey? Drop a comment below!
