AfreSHEET, a disposable seven layers sheet, was started by Maxwell Cohen on May 1, 2014. AfreSHEET’s net worth was $500K at the time of their pitch in 2015 based on $100,000 offer for 20% of equity of the company.
They appeared on Season 07 of Shark Tank USA in November 2015. But the Sharks were not interested in investing in AfreSHEET because they didn’t feel it was a great fit.
As of 2023 November, the company is alive and well and doing better than ever, and you can buy their products on online platforms like Amazon.
AfreSHEET Net Worth
|Net worth||$500K (When appeared on Shark Tank Show)|
|Annual Sales Revenue||$1 million|
AfreSHEET Net Worth Timeline
|Net Worth 2023||Not Disclosed|
|Net worth valuation 2015 before appearing on Shark Tank||$500K|
AfreSHEET Pitch on Shark Tank
|Product||Disposable layered bed sheets|
|Episode||Season 07 Episode 08|
|Asked for||$100,000 for 20% equity|
|Final deal||No Deal|
|Location||Greater New York Area, East Coast, Northeastern US|
Don’t miss these product from Season 07
AfreSHEET was founded by Maxwell Cohen in 2014. Cohen aimed to address the challenge faced by many university students living in dorms. These students, often far from home and with limited time, struggle to find time to wash their bedsheets. Afresheet was designed to cater to this underserved market, offering a convenient solution to simplify their lives. AfreSHEET’s founder, Maxwell Cohen, has a net worth of unknown as of 2023.
|2015||The company appeared on Shark Tank Season 07|
|2017||In 2017, following the initial broadcast, he rebranded the business as Peel Aways and expanded the product line to include sheets for cribs up to king-sized mattresses|
|2019||In 2019, the company raised $1.3 million in seed funding|
From their beginnings on Shark Tank to their current status as a thriving business, they have proven that with the right idea and execution, anything is possible. We can’t wait to see the future for AfreSHEET and its continued success.