Beard Head Net Worth 2023 Update (Before & After Shark Tank)

Shark-Tank-US-Net-worth-UpdateBeard-Head

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
InvestorNone
FounderDavid Stankunas
Employees62 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 nameBeard Head
ProductKnitted beard hats
EpisodeSeason 07 Episode 13
Founder David Stankunas
Asked for$250,000 for 25% equity
Final dealNone
Shark No shark
LocationSomerville, 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

YearAccomplishment
2015The company appeared on Shark Tank Show.
2016Beardhead 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.