GloveStix Net Worth 2024 Update (Before & After Shark Tank)
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.
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GloveStix Net Worth
Net worth | $5 million (2024) |
Annual Sales Revenue | $3.7 million (2023) |
Profits | – |
Lifetime sales | – |
Investor | Lori Greiner & Alex Rodriguez |
Founder | Krista Woods |
Employees | 40 |
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 name | GloveStix |
Product | Deodorizer for gloves |
Episode | Season 09 Episode 09 |
Founder | Krista Woods |
Asked for | $150,000 for 10% Equity |
Final deal | $150,000 for 17.5% Equity |
Sharks | Lori Greiner & Alex Rodriguez |
Location | Ashburn, 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
Year | Accomplishment |
2017 | GloveStix appeared on Shark Tank season 9 |
2023 | Has 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.