GloveStix-Shark-Tank-US-Net-worth-Update

GloveStix is a deodorizer for gloves started by Krista Woods in 2015. As of March 2024, GloveStix’s net worth is $5 million. GloveStix is pulling in a whopping  $3.7 million (estimated) in annual revenue. 

In 2017, they appeared on Season 9 of Shark Tank USA and made a deal with Lori Greiner & Alex Rodriguez, for $150,000 for 17.5% of equity. The final valuation was $857,100, down from the founder’s initial estimate of $1.5 million.

GloveStix is stil doing well in business. You can purchase GloveStix from the company Website, and Amazon. Moreover, the product is available in selected retailers. 

GloveStix Net Worth

Net worth$5 million (2024)
Annual Sales Revenue$3.7 million (2023)
Profits
Lifetime sales
InvestorLori Greiner & Alex Rodriguez
FounderKrista Woods
Employees40

GloveStix Net Worth Timeline

Net Worth 2024$5 million 
Net Worth 2023$4.5 million 
Net Worth 2022$4.5 million
Net worth valuation in 2017 after appearing on Shark Tank  $857,100
Net worth valuation in 2017 before appearing on Shark Tank  $1.5 million

GloveStix Pitch on Shark Tank

Company nameGloveStix
ProductDeodorizer for gloves
EpisodeSeason 09 Episode 09
FounderKrista Woods
Asked for$150,000 for 10% Equity
Final deal$150,000 for 17.5% Equity
SharksLori Greiner & Alex Rodriguez
LocationAshburn, Virginia,

Don’t miss these product from Season 9

GloveStix Founder

GloveStix was founded by Krista Woods in 2015. Krista’s years of experience in Sales/ Customer service allowed her to become a successful entrepreneur. GloveStix’s founder, Krista Woods, net worth is unavailable. However, according to the deal of the Shark Tank pitch, she had 82.5% equity in the company, Therefore, Krista Woods should have more than $412,500 net worth as of 2024.

Key accomplishments

YearAccomplishment
2017GloveStix appeared on Shark Tank season 9
2023Has become a well-known and respected brand in the sports equipment industry

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 GloveStix and its continued success.

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