Burleigh Wagon Net Worth 2024 Update (Before & After Shark Tank)
Burleigh Wagon’s net worth was $1.8 million in 2023 based on the Shark Tank deal. Burleigh Wagon, an easy-to-maneuver family-friendly wagon. Regan and Nathan Merka founded this in 2018.
In 2023, they appeared on Season 5 of Shark Tank Australia and made a deal with Davie Fogarty, $450,000 for 25% of equity + 10% royalty till the money is paid back.
With their appearance on Shark Tank, the company gained more visibility on the market. As of 2024, it is actively functioning. You can make purchases through their company website.
Burleigh Wagon Net Worth
Net worth | $1.8 million (2023) |
Annual Sales Revenue | Not available |
Profits | Not available |
Lifetime sales | Not available |
Investor | Davie Fogarty |
Investment | $450,000 for 25% of equity + 10% royalty till the money is paid back |
Founder | Regan and Nathan Merka |
Employees | <10 |
Burleigh Wagon Net Worth Timeline
Net Worth 2024 | Not available |
Net worth valuation in 2023 after appearing on Shark Tank | $4.5 million |
Net worth valuation in 2023 before appearing on Shark Tank | $1.8 million |
Burleigh Wagon Pitch on Shark Tank
Product | An easy-to-maneuver family-friendly wagon |
Episode | Season 05 Episode 07 |
Founders | Regan and Nathan Merka |
Asked for | $450,000 for 10% equity |
Company name | Burleigh Wagon |
Final deal | $450,000 for 25% of equity + 10% royalty till the money is paid back |
Shark | Davie Fogarty |
Location | Queensland |
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Burleigh Wagon Founders
Regan and Nathan Merka founded Burleigh Wagon in 2018. This entrepreneur duo is originally from Southern California. After moving to Australia, Regan wanted to enjoy the outdoors with her kids. She wanted to replace the traditional pram with more easy and effective equipment. This paved the way for the creation of their own business. Burleigh Wagon’s founders Regan and Nathan Merka’s net worth is unknown in 2024. However, based on the deal, they have 75% ownership of the company, therefore they should have an approximate net worth of $1.35 million.
Key accomplishments
Year | Accomplishment |
2023 | The company appeared on Shark Tank Australia and secured a deal. |
2024 | Their products are now available in the US. |
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 Burleigh Wagon and its continued success.
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