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Beardbrand Net Worth 2023 Update (Before & After Shark Tank)

Shark-Tank-US-Net-worth-UpdateBeardbrand

Beardbrand, a beard-care styling product, was started by Eric Bandholz in 2012. As of September 2023, Beardbrand net worth is $52 million. And they’re pulling in a whopping $10 million in annual revenue. 

In 2014 they appeared on season 6 of Shark Tank USA. Seeking $400,000 for 15% of equity valuing the company at $2.66 million. But the Sharks were not interested in investing in Beardbrand. Some of the sharks, including Lorie, were not that beard fans. And due to the lack of interest in the concept of Beardbrand, all sharks dropped it. 

However, in September 2023, Beardbrand still survived in the business world while generating millions of revenues. If you are a beard guy or a beard fan you better, try their products. To purchase them online visit their official website

Beardbrand Net Worth

Net worth$52 million (2023)
Annual Sales Revenue$10 million (2021)
ProfitsNot publicly available 
Lifetime salesNot publicly available 
InvestorNone
FounderEric Bandholz
Employees60 employees

Beardbrand Net Worth Timeline

Net Worth 2023$52 million
Net Worth 2022$48 million
Net worth valuation 2014 after appearing on Shark Tank  N/A
Net worth valuation [Shark Tank appeared Year] before appearing on Shark Tank  $2.66 million

Beardbrand Pitch on Shark Tank

Company nameBeardbrand
ProductBeard-care styling products for men
EpisodeSeason 6 Episode 07
Founder Eric Bandholz
Asked for$400,000 for 15% Equity
Final dealNone
Shark None 
LocationAustin, Texas

Beardbrand Founder

Beardbrand was founded by Eric Bandholz in 2012. Eric Bandholz is a strong advocate for the beard community.He has been featured in publications such as The New York Times, The Wall Street Journal, and Forbes. He is also a regular speaker at industry events. Beardbrand’s founder, Eric Bandholz, has a net worth of $5 million as of 2023.

Key accomplishments

YearAccomplishment
2014Appeared on Shark Tank season 06
2015Featured in the New York Times article “The Beard Boom.”
2018Ranked #1 in the “Men’s Grooming” category on Amazon.

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 Beardbrand and its continued success.

What do you think?

Written by GAG Team

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