Hand Out Gloves, Mittens and gloves, was started by Jake Sullivan and Don Wildman in 2013. As of September 2023, Hand Out Gloves net worth is $6 million. And they’re pulling in a whopping $1 million in annual revenue.
In January 2017, they appeared on season 8 of Shark Tank USA. And made a deal with Barbara Corcoran, for $300,000 for 25% of equity. The final valuation was $1.2 million, up from the founder’s initial estimate of $750,000.
Hand Out Gloves is still in business in 2023. Hand Out Gloves sells gloves and mittens with strategically placed waterproof zippers that allow users to quickly and easily access their gear without having to remove their gloves. If you want to buy their products, visit their official website.
Hand Out Gloves Net Worth
|Net worth||$6 million (2023)|
|Annual Sales Revenue||$1 million (2022)|
|Profits||Not publicly available|
|Lifetime sales||Not publicly available|
|Founder||Jake Sullivan and Don Wildman|
|Employees||Not publicly available|
Hand Out Gloves Net Worth Timeline
|Net Worth 2023||$6 million|
|Net Worth 2022||$6 million|
|Net worth valuation 2017 after appearing on Shark Tank||$1.2 million|
|Net worth valuation 2017 before appearing on Shark Tank||$750,000|
Hand Out Gloves Pitch on Shark Tank
|Company name||Hand Out Gloves|
|Product||Mittens and gloves with strategically-placed waterproof zippers|
|Episode||Season 8 Episode 11|
|Founders||Jake Sullivan and Don Wildman|
|Asked for||$150,000 for 20% equity|
|Final deal||$300,000 for 25% equity|
|Location||Sandy, 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 2023.
|2017||Appeared on Shark Tank season 8 and Barbara Corcoran invested $300,000 for 25% equity|
|2020||Hand Out Gloves sees a surge in sales due to the COVID-19 pandemic.|
|2022||Hand Out Gloves celebrates its 10th anniversary and continues to grow rapidly.|
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.