Your Closet Shark Tank Season 2

As of the beginning of 2024, Your Closet’s net worth is $ 2 million. Also, the company has approximately $ 420,000 in annual revenue. In June 2016, Your Closet Appeared on Shark Tank Season 02, episode 07 of Shark Tank Australia and made a deal with Naomi Simson and Janine Allis for $80,000 for 40% of equity. So, Mark Cuban has made over $ 800,000 through Your Closet for an investment of $80,000. Also, the company will still be in business in January 2024. Let’s find out how it has reached this success over the years.

Your Closet Net Worth 2024

Net worth$2 million
Annual Sales Revenue$420 000
Lifetime Sales
InvestorsNaomi Simson and Janine Allis
FoundersBriella Brown
Employees1-25 employees

Your Closet is a business that gave Australian Shark Tank viewers goosebumps in 2014 with a $ 400,000 net worth. Briella Brown, being a teenager back then, makes Sharks envious of her with her business model in Your Closet.

As of 2024, the estimated worth of “Your Closet” is $2 million.

Your Closet Sales And Revenue

Briella started her business with a $ 82,000 personal loan in 2014. The company was valued at $ 400,000 before appearing on Shark Tank. She appeared in The Shark Tank in 2016 and got a $ 80,000 deal for 40% of the company’s equity.

Its revenue was $35000 -$37000 when it appeared on the show. The company rented dresses worth $8 million and generated approximately $1.6 million in revenue by 2017.

Following that, it will have around $2 million net worth with $420,000 annual revenue by 2024.

Net Worth Timeline

Net Worth 2024$2 million
Net Worth 2023$2 million
Net Worth 2022$1.5 million
Net worth valuation in 2016 after appearing on Shark Tank  $200 000
Net worth valuation 2016 before appearing on Shark Tank  $400 000

How Much Did Naomi Simson And Janine Allis Make From Your Closet?

Naomi Simson and Janine Allis invested $ 80,000 for 40% of the equity of Your Closet. The company will be worth $2 million at the beginning of 2024. As for the share value, the investors must have earned over $ 800,000.

However, the company or the investors have not disclosed the exact figures yet.

Competitors Of Your Closet

A few companies with similar services, Rent The Run Way, Style Theory and Rent My Wardarb in the USA.

Don’t miss these products from Season 02

Your Closet Shark Tank Update

Company NameYour Closet
Product Rent out high-end fashion designs for affordable prices
EpisodeSeason 02 Episode 07
FounderBriella Brown
Asked For$80,000 for 20% of equity
Final Deal$80,000 for 40% of equity
SharksNaomi Simson and Janine Allis
LocationNew South Wales, Australia

Briella Brown accepted a deal from Naomi Simson and Janine Allis on the Australian Shark Tank in 2014, giving them 40% of the company in exchange for an investment of $80,000.

The website traffic of Your Closet reached 80,000 visitors on the night the show aired, causing the website to crash! During the first three years, the company experienced a growth rate of 100% annually.

By June 2017, the company had rented out dresses worth $8 million and generated approximately $1.6 million in revenue.

“Your Closet” has received a 3.9-star rating from 187 Trustpilot reviews. It is still performing well despite no recent sales figures being made public. But The pandemic had a significant impact on “Your Closet.”

In 2020, Briella and a close friend co-founded Avant Studio, an eCommerce platform that offers customized jewelry. She currently serves as the Marketing Director at the company.

Briella Brown still owns Your Closet. She remains in control of the business and continues to lead the growth and success of Your Closet.

Your Closet now has over 2000 designer dresses for you to choose from & is functional throughout Australia. Expanding its territories, Your Closet now provides In-store makeup services & Bridal Dressing. Also the brand is rebranded as Glam Corner in the official site.

What is Your Closet?

Your Closet is a business that helps women to rent out high-end fashion designs for affordable prices.

It allows people to rent high-end fashion from Australia’s leading fashion designers, such as Camila Marth and Nicolas & Josh. This online-based business enables users to wear costly designer wear for a fraction of the purchase price.

During the Shark Tank Pitch, Briella Brown interprets to the Sharks the reason why she chose to work through this model of business.

Your Closet Founder

Briella Brown, a successful entrepreneur and a former professional swimmer, owns Your Closet, an online dress rental service. She established the business at the age of 17.

Briella Brown is currently the Founder and Managing Director of Your Closet, based in Sydney, Australia. Brown has a piece of advice to offer to other entrepreneurs.

“If I didn’t pursue this like I did I would have really regretted it.”
“Just throw yourself in there and see what happens.”

Briella Brown


Is Your Closet Still In Business?

Yes, Your Closet is still in business.

What Is Your Closet Net Worth In 2024?

Your Closet’s net worth in 2024 is $2 million

What Is Your Closet Yearly Revenue?

According to available data your closet has $420,000 in annual revenue. However, exact figures have not yet been revealed to the media.

Who Invested In Your Closet?

Naomi Simson and Janine Allis invested in Your Closet.

What Is Your Closet Sales?

Your closet rented around $8 million worth dresses.

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