Maxwell Cohen introduced AfreSHeet, a line of disposable, peel-away bed sheets, on Shark Tank Season 7 but did not secure a deal.
Despite initial interest, the company ceased operations shortly after the episode aired. In 2017, Cohen rebranded the product as Peel Aways, expanding the line to include various sizes and targeting markets like healthcare facilities.
By 2019, Peel Aways secured $1.3 million in seed funding. As of 2024, the company reports annual revenues between $500,000 and $1 million, indicating steady growth in the bedding industry.
AfreSHEET Net Worth
Net worth | $500K (2015) Business Valuation |
Annual Sales Revenue | $500k-$1 million |
Lifetime sales | Not available |
Investor | None |
Founder | Maxwell Cohen |
Employees | 1-20 employees |
AfreSHEET Pitch on Shark Tank
Company name | AfreSHEET |
Product | Disposable layered bed sheets |
Episode | Season 07 Episode 08 |
Founder | Maxwell Cohen |
Asked for | $100,000 for 20% equity |
Final deal | No Deal |
Shark | No shark |
Location | Greater New York Area, East Coast, Northeastern US |
Don’t miss these products from Season 07
AfreSHEET Founder
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’s net worth is unknown as of 2024. However, based on valuation it should be around $500,000.
Key accomplishments
Year | Accomplishment |
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 |
Conclusion
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.