Beard Head, founded by David Stankunas, gained attention for its quirky bearded hats after its appearance on Shark Tank in 2014. Despite not securing a deal, the company saw a significant boost in sales due to the exposure.
Beard Head has since expanded its product line, catering to a wide range of customers. As of 2024, the business is still privately owned, with an estimated annual revenue of $4 million.
The company continues to thrive, largely through online sales, and has maintained a strong presence in the novelty apparel market.
Beard Head Net Worth
| Estimated Net worth | Not publicly available |
| Annual Sales Revenue | $4 million (2024) |
| Lifetime sales | Not available |
| Investor | None |
| Founder | David Stankunas |
| Employees | 62 employees |
Beard Head Pitch on Shark Tank
| Company name | Beard Head |
| Product | Knitted beard hats |
| Episode | Season 07 Episode 13 |
| Founder | David Stankunas |
| Asked for | $250,000 for 25% equity |
| Final deal | None |
| Shark | No shark |
| Location | Somerville, Massachusetts, USA |
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Beard Head Founder
Beard Head was founded by David Stankunas in 2008. For over a decade, David has been a full-time entrepreneur, starting multiple businesses and brands in the consumer products sector. Presently, his primary ventures include Beard Head, the first knit beanie with a detachable beard face mask, and more recently, Zoo Snoods, a collection of animal-themed knit hoods for dogs and cats. Beard Head’s founder, David Stankunas’ net worth is unknown as of 2024. However based on business valuation, he should have an approximate net worth of $1 million.
Key accomplishments
| Year | Accomplishment |
| 2015 | The company appeared on Shark Tank Show. |
| 2016 | Beardhead has over 200 designs as of 2016. |
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 Beard Head and its continued success.