Beard Head, a knitted beard hat, was started by David Stankunas in 2008. As of November 2023, Beard Head’s net worth is $7 million and they’re pulling in a whopping $3.8 million in annual revenue.
In December 2015 they appeared on Season 07 of Shark Tank USA seeking $250,000 for 25% equity valuing the company at $1 million. But the Sharks were not interested in investing in Beard Head. The Sharks concern about the stagnant sales, questioning whether David is moving quickly enough hence, the Sharks went out without any deal.
As of 2023 November, the company is still in business. You can purchase products through e-commerce channels such as their website and Amazon.
Beard Head Net Worth
| Net worth | $7 million |
| Annual Sales Revenue | $3.8 million |
| Profits | – |
| Lifetime sales | – |
| Investor | None |
| Founder | David Stankunas |
| Employees | 62 employees |
Beard Head Net Worth Timeline
| Net Worth 2023 | $7 million |
| Net Worth 2022 | $6.8 million |
| Net Worth 2021 | $6.5 million |
| Net Worth 2020 | $6 million |
| Net worth valuation 2015 before appearing on Shark Tank | $1 million |
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 |
Don’t miss these product from Season 07
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, has a net worth of 7 million USD as of 2023.
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.
