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)|
|Profits||Not publicly available|
|Lifetime sales||Not publicly available|
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
|Product||Beard-care styling products for men|
|Episode||Season 6 Episode 07|
|Asked for||$400,000 for 15% Equity|
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.
|2014||Appeared on Shark Tank season 06|
|2015||Featured in the New York Times article “The Beard Boom.”|
|2018||Ranked #1 in the “Men’s Grooming” category on Amazon.|
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.