Linsey Fuller and Lili Yeo founded Goumi in 2010 to create eco-friendly baby clothes that stay on snugly. They pitched their business on Shark Tank in 2020 and secured a $1 million line of credit from Kevin O’Leary, which fueled Goumi’s growth.
By 2023, the company expanded into adult apparel and resale programs, generating $2.1 million in annual revenue. However, a recall in April 2023 over children’s robes not meeting flammability standards briefly disrupted their progress.
Despite this, Goumi remains a leader in sustainable family clothing, inspiring this article to explore their journey and future innovations.
Goumi Net Worth
Net worth | $10 million |
Investor | Kevin O’Leary |
Founders | Linsey Fuller and Lili Yeo |
Employees | 11-50 |
Goumi Pitch on Shark Tank
Company name | Goumi |
Product | A company making baby clothing essentials |
Episode | Season 11 Episode 17 |
Founders | Linsey Fuller and Lili Yeo |
Asked for | $1 million for 8% equity |
Final deal | $1million as a line of credit at 9% and 10% equity |
Shark | Kevin O’Leary |
Location | Beaverton, Oregon |
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Goumi Founders
Linsey Fuller and Lili Yeo founded Goumi in 2010. Linsey graduated from Westmont College and worked as an Accounts Executive and Marketing Consultant.
Lili completed her bachelor’s degree from the University of Washington. Later on, she gained her MBA. Lili has previous experience working as a Marketing Specialist in renowned companies, including Ziba Design, Hewlett Packard, Adidas, and Mercy Corps.
Goumi’s founders, Linsey Fuller and Lili Yeo’s net worths are unknown as of 2025.
Key accomplishments
Year | Accomplishment |
2020 | Goumi was featured on Shark Tank and secured a deal. |
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 Goumi and its continued success.