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) |
| Profits | – |
| Lifetime sales | – |
| Investor | – |
| Founder | Derek Pacqué |
| Employees | 52 |
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 name | CoatChex |
| Product | Ticketless coat check |
| Episode | Season 04 Episode 01 |
| Founder | Derek Pacqué |
| Asked for | $200,000 for 10% equity |
| Final deal | No deal |
| Shark | None |
| Location | New York, United States |
Don’t miss these products from Season 4
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
| Year | Accomplishment |
| 2023 | CoatChex company expanded its services to coat-checking to include bag-checking, and also ticketing. |
| 2013 | He was named to Forbes’ 30 Under 30 list |
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 CoatChex and its continued success.