Hand Out Gloves Net Worth 2024 Update (Before & After Shark Tank)

As of 2024, Hand Out Gloves continues to grow with an estimated $1 million in annual revenue.
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Hand Out Gloves, founded by Jake Sullivan and Don Wildman, appeared on Shark Tank in 2016, securing a deal with Barbara Corcoran for $300,000 and an additional $300,000 line of credit for 25% equity.

The gloves, featuring a unique waterproof zipper that allows users to free their fingers without removing the gloves, gained significant traction after the show.

The company saw rapid growth, expanding into retailers like REI and boosting online sales. As of 2024, Hand Out Gloves remains in business, continuously developing new products for outdoor enthusiasts.

Hand Out Gloves Net Worth

Estimated Net worth$1 million (2024)
Annual Sales Revenue$1 million (2024)
Lifetime salesNot publicly available
InvestorBarbara Corcoran
FounderJake Sullivan and Don Wildman
EmployeesNot publicly available

Hand Out Gloves Pitch on Shark Tank

Company nameHand Out Gloves
ProductMittens and gloves with strategically-placed waterproof zippers
EpisodeSeason 8 Episode 11
Founders Jake Sullivan and Don Wildman
Asked for$150,000 for 20% equity
Final deal$300,000 for 25% equity
Shark Barbara Corcoran
LocationSandy, Utah, USA

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Hand Out Gloves Founders

Hand Out Gloves was founded by Jake Sullivan and Don Wildman in 2013. He’s the founder of Bally’s Total Fitness and is the oldest Ironman triathlete competing today. Jake Sullivan is an avid skier and hiker, and has spent the entirety of his career within the outdoor industry as a result. He is currently the owner & founder of HandOut Gloves and DEATH GRIP GLOVE CO. Hand Out Gloves’s founders, Jake Sullivan and Don Wildman, have a net worth of $5.6 million as of 2024.

Key accomplishments

YearAccomplishment
2017Appeared on Shark Tank season 8 and Barbara Corcoran invested $300,000 for 25% equity.
2020Hand Out Gloves sees a surge in sales due to the COVID-19 pandemic.
2022Hand Out Gloves celebrates its 10th anniversary and continues to grow rapidly.

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 Hand Out Gloves and its continued success.

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