Wispots is an interactive telehealth device designed to keep patients entertained and engaged during visits to the doctor’s office.
The device offers a range of activities such as playing games, reading emails, and more, to prevent patient boredom while waiting. However, each device costs $9,000, which makes it quite expensive.
| Company Name | Wispots | |
| Founder | Kevin Flannery | |
| Founded | 2008 | |
| Product | Interactive Tele-Health Patient Center | |
| Asked For | $1.2M for 10% equity | |
| Final Deal | No Deals | |
| Shark | No Sharks | |
| Episode (Shark Tank USA) | S1 E1 | |
| Air Date | Aug 9th, 2009 | |
| Business Status | Out of Business | |
| Website | Visit Website | |
| Headquarters | Myrtle Beach, South Carolina, USA | |
| Lifetime Worth (Sales) | $500k *estimated | |
| Buy and Watch | Buy Now | Amazon Prime |
Another Shark Tank Pitch
Who Is The Founder Of Wispots?
The founder and CEO of Wispots is Kevin Flannery. He studied electrical engineering at the College of Engineering, UMass Amherst, before working at a large company. In 1999, Flannery started his own business, Wireless Management Solutions.
How Was The Shark Tank Pitch Of Wispots?
Kevin Flannery appeared on Shark Tank seeking $1.2 million for a 10% equity stake in Wispots. He had already invested $550,000 of his own money into the business since its inception in 2002.
Despite the potential of the device, all the sharks decided to pass on the investment. They felt that the business was not scalable.
| Sharks | Offers |
|---|---|
 Barbara Corcoran | No Offers |
 Kevin O’Leary | No Offers |
 Robert Herjavec | No Offers |
 Daymond John | No Offers |
 Kevin Harrington | No Offers |
| Founder’s (Countered) | No Counter |
| Final Deals | No Offers |
Wispots Shark Tank Update
Although Wispots did not secure a deal on Shark Tank, the product generated interest from distribution companies after the episode aired.
A few years later, Wispots merged with Worthington Healthcare Corporation, which led to the creation of a new company called Wificiency, focused on healthcare-oriented software solutions.
As of 2012, Kevin Flannery is no longer associated with Wispots. He is currently working with TelSmart EV, a business specializing in electric vehicle charging solutions.
Although Wispots did not receive investment, its appearance on Shark Tank led to significant interest from distributors and generated sales, though it seems the business eventually ceased operations.
What Is Wispots Net Worth?
Wispots’ current net worth is estimated at $0 million. Since the business is no longer active, it’s impossible to provide an accurate valuation. While many businesses seek investment on Shark Tank, only a few manage to achieve lasting success.
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 | $0M *estimated |
Funding Reports to Date!
| Years | Funding Amount | Investor |
| N/A | N/A | N/A |
No, Wispots is Out of Business.
frequently asked questions
Who founded Wispots?
Wispots was founded by Darren Johnson.
Did Wispots get a deal on Shark Tank?
No, Wispots did not get the deal in Shark Tank.
