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
|Annual Sales Revenue||$700,000|
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|
|Episode||Season 04 Episode 09|
|Asked for||$150,000 for 20% equity|
|Final deal||$150,000 for 30% equity|
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.
|2022||Drive Suits is now known as Robots and Cars Entertainment, Inc.|
|2012||Drive Suits appeared on Shark Tank|
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.