FlexScreen, founded by Joe Altieri in 2013, is known for its innovative flexible window screens. These screens are designed to keep dirt and insects out while offering sun and UV protection. The product is easy to install and remove due to its flexibility.
Altieri appeared on Shark Tank Season 11, Episode 10, seeking $800,000 for a 6% equity stake at a $13.3 million valuation. FlexScreen offers various options, with the standard screen priced at $64.95 and the FlexView Solar at $84.95.
After developing several prototypes, Altieri successfully launched the product and began selling directly to consumers through digital marketing, significantly increasing sales.
| Company Name | FlexScreen | |
| Founder | Joe Altieri | |
| Founded | 2013 | |
| Product | World’s first and only flexible window screen | |
| Asked For | $800k for 6% equity | |
| Final Deal | $400k for 50% of retail business + $400k line of credit | |
| Shark |  Lori Greiner | |
| Episode (Shark Tank USA) | S11 E10 | |
| Air Date | Jan 5, 2020 | |
| Business Status | In Business | |
| Website | Visit Website | |
| Headquarters | Export, Pennsylvania, US | |
| Lifetime Worth (Sales) | $108M *estimated | |
| Buy and Watch | Buy Now | Amazon Prime |
Another Shark Tank Pitch
How Was The Shark Tank Pitch Of FlexScreen?
Joe Altieri entered Shark Tank seeking $800,000 for a 6% equity stake in FlexScreen. He shared impressive growth figures, with annual sales reaching $400,000 in 2015, $2 million in the second year, $3.5 million in the third year, and $5.1 million by 2018. The gross margin for the last year was $700,000, as the product cost $10 and sold for $11.50.
Barbara Corcoran offered $400,000 plus $400,000 as a line of credit for a 50% stake in the retail business only.
Kevin O’Leary proposed $500,000 for a 20% equity stake, contingent on securing a deal with a major window manufacturer. Lori Greiner matched Barbara’s offer. Altieri ultimately accepted Lori’s offer.
FlexScreen Shark Tank Update
FlexScreen’s appearance on Shark Tank significantly boosted its growth. Before the show, the company had lifetime sales of $11 million. After the episode aired, sales surged to $15 million within a year.
By 2021, FlexScreen’s products were available at major retailers like Home Depot, Lowe’s, and Menards. The company’s annual revenue reached $20 million, and it expanded its workforce to over 150 employees. In 2022, revenue grew to $25 million following a partnership with Harvey Windows.
As of August 2023, FlexScreen’s annual revenue stands at $30 million, with projections aiming for $100 million in sales by 2024. The company’s progress was featured in Shark Tank Season 12, Episode 12, highlighting its growth from $5.1 million in sales before the show to $15 million within a year after.
During the COVID-19 pandemic, demand for flexible screens increased, leading Altieri to run full capacity at four U.S. manufacturing plants and open the company’s first international plant in Canada. Additionally, Lori Greiner facilitated a deal with Saint-Gobain, the world’s largest window and screen manufacturer, to further expand FlexScreen’s reach.
What Is the Net Worth of FlexScreen?
FlexScreen is estimated to be worth $60 million. The company’s valuation was $13.3 million during its Shark Tank appearance but has increased up to five times since then. The founder is partnering with major window and screen manufacturers to expand the business.
Annual Revenue by Years
Note: This report is based on our research and data so far. In this, we are only estimating the annual revenue.
| Years | Annual Revenue |
| 2023 | $30M *estimated |
| 2022 | $25M *estimated |
| 2021 | $20M *estimated |
| 2020 | $15M *estimated |
| 2019 | $7M *estimated |
| 2018 | $5.1M *estimated |
| 2017 | $3.5 *estimated |
| 2016 | $2M *estimated |
| 2015 | $400k *estimated |
Funding Reports to Date!
| Years | Funding Amount | Investor |
| 2019 | $800k | Lori Greiner |
As a successful Shark Tank company, FlexScreen has benefited significantly from Lori Greiner’s investment. In addition to focusing on FlexScreen, founder Joe Altieri is also managing his digital marketing company.
The company’s headquarters is located in Export, Pennsylvania, United States, and it employs between 100 and 200 people.
Yes, FlexScreen is still in business as of August 2024.
