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“FashionTap” Net Worth 2023 Update (Before & After Shark Tank)

Shark-Tank-US-Net-worth-Update-FashionTap

FashionTap, a Fashion app for social media influencers, was started by Amy Roiland in January 2014. FashionTap net worth was $1 Million at the time of their pitch in 2016 based on the $100,000 offer for 10% of the equity of the company. 

They appeared on Season 7 of Shark Tank USA in 2016. However, the Sharks were not interested in investing in FashionTap.

The FashionTap company shut down its operations in 2018. 

FashionTap Net Worth

Net worth$1 Million (Business valuation)
Shark Tank InvestorNo deal
FounderAmy Roiland

FashionTap Net Worth Timeline

Net Worth 2023Out Of Business
Net worth valuation in 2016 before appearing on Shark Tank  $1 million

FashionTap Pitch on Shark Tank

Company nameFashionTap
ProductFashion app for social media influencers
EpisodeSeason 07 Episode 26
Founder Amy Roiland
Asked for$100,000 for 10% equity
Final dealNo deal
Shark
LocationUSA

FashionTap Founder

FashionTap was founded by Amy Roiland in 2014. She is a former model. Her experience in the fashion industry made her well-equipped to develop this app. FashionTap’s founder, Amy Roiland, has a net worth of USD 1 million as of 2023.

Key accomplishments:

YearAccomplishment
2016FashionTap app was the first company to offer rent designer clothing services.
2017Featured in The New York Times and in The Wall Street Journal
2018FashionTap was out of business.

Conclusion: 

Some companies that appear on the show have not achieved great success, and the FashionTap is one of them. Sometimes businesses don’t succeed for many reasons. Sometimes, the deal falls through after the founders say yes on camera. Or, as you’ll see, sometimes things happen to the founders themselves, and they choose to abandon the business. Anything is possible. However,  FashionTap went out of business in 2018. And the product is no longer available in the market.

Don’t miss these Shark Tank product of Season 07. Fruityfaces , Brellabox

What do you think?

Written by GAG Team

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