Drive Suits, a Drivable costume, was started by Drew Beaumier in 2009. As of September 2023, Drive Suits’ net worth is $750,000 and they’re pulling in a whopping $700,000 in annual revenue.
On November 9, 2012, they appeared on Season 4 of Shark Tank USA and made a deal with Kevin O’Leary, for $150,000 for 30% equity. The final valuation was $500,000, down from the founder’s initial estimate of $750,000.
Drive Suits company is still in business. But has rebranded itself to Robots and Cars Entertainment, Inc., And their products are available on the website.
Drive Suits Net Worth
| Net worth | $750,000 |
| Annual Sales Revenue | $700,000 |
| Profits | – |
| Lifetime sales | – |
| Investor | Kevin O’Leary |
| Founders | Drew Beaumier |
| Employees | – |
Drive Suits Net Worth Timeline
| Net Worth 2023 | $750,000 |
| Net Worth 2022 | $700,000 |
| Net Worth 2021 | $650,000 |
| Net Worth 2020 | $600,000 |
| Net worth valuation in 2012 after appearing on Shark Tank | $500,000 |
| Net worth valuation in 2012 before appearing on Shark Tank | $750,000 |
Drive Suits Pitch on Shark Tank
| Company name | Drive Suits |
| Product | Drivable costume |
| Episode | Season 04 Episode 09 |
| Founder | Drew Beaumier |
| Asked for | $150,000 for 20% equity |
| Final deal | $150,000 for 30% equity |
| Shark | Kevin O’Leary |
| Location | Indianapolis, IN |
Don’t miss these products from Season 4
Drive Suits Founder
Drive Suits was founded by Drew Beaumier in 2012. He is an inventor. He wants to make his dreams come true. Drive Suits’s founder, Drew Beaumier, has a net worth of USD 750,000 as of 2023.
Key accomplishments
| Year | Accomplishment |
| 2022 | Drive Suits is now known as Robots and Cars Entertainment, Inc. |
| 2012 | Drive Suits appeared on Shark Tank |
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 Spretz and its continued success.
