Goumi is a company making baby clothing essentials. This was started by Linsey Fuller and Lili Yeo in 2010. As of December 2023, Goumi’s net worth is $10 million. They’re pulling in a whopping $5.8 million in annual revenue.
In March 2020, they appeared on Season 11 of Shark Tank USA and made a deal with Kevin O’Leary for $1,000,000 as a line of credit at 9% and 10% equity. The final valuation was $10 million, down from the founder’s initial estimate of $12.5 million.
Goumi could expand its product line, and develop business after the show. Currently, Goumi offers a range of products, including mittens, caps, sleepers, gowns, and onesies for babies. You can buy their products from the company website, Amazon, and selected stores.
Goumi Net Worth
Net worth | $10 million (2023) |
Annual Sales Revenue | $5.8 million (2023) |
Profits | – |
Lifetime sales | – |
Investor | Kevin O’Leary |
Founders | Linsey Fuller and Lili Yeo |
Employees | 11-50 |
Goumi Net Worth Timeline
Net Worth 2023 | $10 million |
Net Worth 2022 | $5 million |
Net worth valuation in 2020 after appearing on Shark Tank | $10 million |
Net worth valuation in 2020 before appearing on Shark Tank | $12.5 million |
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 |
Don’t miss these products from Season 11
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 2023.
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.