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

"CoatChex" Net Worth 2023 Update

CoatChex, a Ticketless coat check, was started by Derek Pacqué in 2010. As of September 2023, CoatChex’s net worth is $7 Million and they’re pulling in a whopping $3.5 Million in annual revenue. 

On September 14, 2012, they appeared on Season 4 of Shark Tank USA seeking $200,000 for 10% equity valuing the company at $2 Million. However, the Sharks were not interested in investing in CoatChex. Sharks made 3 offers but the founder declined and gave counter-offers to sharks sharks didn’t impress so the founder had to walk empty-handed.

CoatChex company is still in business. Their products are available on the website.

CoatChex Net Worth

Net worth$7 Million (2023)
Annual Sales Revenue$3.5 Million (2022)
Lifetime sales
FounderDerek Pacqué

CoatChex Net Worth Timeline

Net Worth 2023$7 Million
Net Worth 2022$6 Million
Net Worth 2021$5 Million
Net Worth 2020$4.5 Million
Net worth valuation in 2012 before appearing on Shark Tank  $2 Million

CoatChex Pitch on Shark Tank

Company nameCoatChex
ProductTicketless coat check
EpisodeSeason 04 Episode 01
FounderDerek Pacqué
Asked for$200,000 for 10% equity
Final dealNo deal
LocationNew York, United States

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CoatChex Founder

CoatChex was founded by Derek Pacqué in 2010. Pacqué is a graduate of the Kelley School of Business. He has a degree in Management. CoatChex’s founder, Derek Pacqué, has a net worth of USD 7 Million as of 2023.

Key accomplishments

2023CoatChex company expanded its services to coat-checking to include bag-checking, and also ticketing.
2013He was named to Forbes’ 30 Under 30 list


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 CoatChex and its continued success.