Imagine if your home caught on fire, and the difference between making it to safety came down to mere seconds. Well, that’s often the case in these situations, which is why anything that speeds up the process of putting out the fire is worth taking seriously. So when start-up Hy-Conn came on the scene with quick-connect fire hose adapters, it got a lot of people talking.
Although the company had a rocky start, it started gaining some traction. At one point, the Hy-Conn LLC net worth was $5 million. However, even though the website is still active, the company is out of business, and its current net worth is estimated at $0. That’s a big difference.
Who is Hy-Conn?
Hy-Conn is a company that specializes in quick-connect fire hose adaptors for hydrants. The company appeared on season two of Shark Tank, showcasing how their products allowed firefighters to connect and disconnect hoses quickly and efficiently. (Watch Hy-Conn Group LLC’s inventor, Jeff Stroope, make his proposal to the sharks.)
The demonstration Stroope gave on the show was impressive. It featured two firefighters connecting and disconnecting hoses to a fire hydrant. One used the Hy-Conn quick-connect adapter, and the other, the standard hose connection that is used in most of the United States.
The time saved by the Hy-Conn connector was significant. Stroope expressed that when it comes to fires, every second counts, so this connector could potentially save many lives. The adapters are manufactured in the United States and are compatible with fire hoses currently found on fire trucks and with fire hydrants.
Hy-Conn Net Worth Update: How Much Is the Company Worth in 2025?
With all of this back-and-forth and conflicting information circling throughout the internet, how much is Hy-Conn worth today? Hy-Conn’s net worth is estimated at approximately $5 million.
Hy-Conn’s Revenue
Hy-Conn’s specific revenue is not readily available. However, the company can potentially bring in two revenue streams: a primary stream from sales of its quick-connect adapters and a secondary stream from licensing technology.
Hy-Conn’s Growth
Hy-Conn has experienced limited growth since its first introduction on Shark Tank. However, it has maintained a consistent presence and now does business in the US, Canada, and Costa Rica. It’s likely the company will see moderate growth due to increased safety regulations and the importance of having efficient solutions in emergency-response situations.
Hy-Conn’s Future Prospects
According to the Nerdwallet article about business deals that got their start on the popular television show Shark Tank, Hy-Conn’s agreement with Mark Cuban fell through almost as soon as the cameras stopped rolling. Primarily, the deal fizzled because of licensing disagreements.
However, the company continued to grow, albeit likely more slowly than if it had taken Cuban’s deal, and currently has plans to expand. Allegedly, a Houston-based buyer wants to jump on board and go global, increasing Hy-Conn’s marketing and production.
A Final Look at Where Hy-Conn is Headed
According to an article on MoneyDigest, despite rumors that Hy-Conn is no longer in business, Jeff Stroope is still making the rounds with his product, attending trade shows and making demonstrations. There is also footage of connectors being manufactured in Stroope’s hometown of Cabot, Arkansas, from late November 2024. If Stroope can secure the right investor, the future of Hy-Conn could be bright, but only time will tell.
