FlyWithWine offers a luggage-designed safety carrier specifically for transporting wine, beer, and spirits. The company also sells a variety of wine-related accessories, including suitcases, backpacks, glasses, and wine storage solutions.
These products are available on Amazon and at various wine shops across the United States. The luggage, which can hold between 5 to 12 bottles, is priced between $289.95 and $379.95.
| Company Name | FlyWithWine | |
| Founder | Ron Scharman and Ryan Neergard | |
| Founded | 2016 | |
| Product | Safety Wine Transport Luggage | |
| Asked For | $500,000 for 8% equity | |
| Final Deal | No Deals | |
| Shark | No Sharks | |
| Episode (Shark Tank USA) | S15 E9 | |
| Air Date | Dec 15, 2023 | |
| Business Status | In Business | |
| Website | Visit Website | |
| Headquarters | Napa, California, USA | |
| Lifetime Worth (Sales) | $19M *estimated | |
| Buy and Watch | Buy Now | Amazon Prime |
Another Shark Tank Pitch
Who Is The Founder Of FlyWithWine?
Ron Scharman and Ryan Neergard are the co-founders of FlyWithWine, which they established in 2016. Ron has 20 years of experience in the wine industry and possesses extensive knowledge about the field.
Before founding FlyWithWine, Ron served as the Chief Executive Officer of the digital marketing agency Astra Digital. Ryan Neergard also worked at Astra Digital, where he held the position of Director of Business Development and Social Media.
How Was The Shark Tank Pitch Of FlyWithWine?
Ryan and Ron entered Shark Tank seeking $500,000 for 8% equity, valuing their company at $6.25 million. They presented their wine transport luggage effectively.
To date, they have generated total sales of $19 million, with 50,000 customers purchasing their suitcase. In 2022, they achieved sales of $5.6 million but faced a net loss of $47 million. So far in 2023, they have reported $2.3 million in sales and an approximate loss of $100,000.
In 2022, their advertising expenses totaled $400,000. To expand the business, they invested in trade shows and hired additional employees, which contributed to their financial losses.
Their profit margins range from 60% to 62% for most products, with backpacks achieving a margin of 71%. They generated $3.4 million in sales within 12 months by testing products on Amazon.
| Sharks | Offers |
|---|---|
 Robert Herjavec | No Offer |
 Kevin O’Leary | No Offer |
 Mark Cuban | No Offer |
 Emma Grede | No Offer |
 Lori Greiner | No Offer |
| Founder’s (Countered) | No Counter |
| Final Deals | No Deals |
What Happened To FlyWithWine After Shark Tank?
FlyWithWine did not secure a deal in Shark Tank and declined investments from all the sharks. Despite this setback, the company continues to receive strong orders from Amazon but will need to devise a new strategy to scale its product effectively.
Currently, there is limited information available regarding the business’s progress since the show. We are actively following the company and its founders, Ron Scharman and Ryan Neergard, for further updates.
After their appearance, the founders shared insights about their journey and business development, highlighting their previous roles at the same digital marketing firm.
What Is FlyWithWine Net Worth?
FlyWithWine is estimated to have a net worth of $5 million. The company is headquartered in Napa, California, and employs between 2 to 10 people.
The North American and European markets are the largest consumers of wine, contributing to a significant market size estimated at USD 489.3 billion in 2021, with projections reaching USD 825 billion by 2023.
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 | $2.3M *estimated |
| 2022 | $5.6M *estimated |
Funding Reports to Date!
| Years | Funding Amount | Investor |
| N/A | N/A | N/A |
Yes, FlyWithWine is still in business as of December 2023.
