Kent Net Worth 2023 Update (Before & After Shark Tank)

Shark-Tank-US-Net-worth-Update-Kent

Kent, an apparel product, was started by Stacy and Jeff Grace in 2016. As of December 2023, Kent’s net worth is $2 million and they’re pulling in a whopping $500K in annual revenue. 

In September 2022, they appeared on season 05 of Shark Tank USA and made a deal with Daymond, $200,000 For 15% equity. The final valuation was $1.3 million, down from the founder’s initial estimate of $4 million.

As of 2023 December, the company is still in business. You can purchase products through e-commerce channels such as their website and Amazon.

Kent Net Worth

Net worth$2 million
Annual Sales Revenue$500K
Profits
Lifetime sales
InvestorDaymond
FoundersStacy and Jeff Grace
Employees1-20 employees

Kent Net Worth Timeline

Net Worth 2023$2 million
Net worth valuation 2022 after appearing on Shark Tank  $1.3 million
Net worth valuation 2022 before appearing on Shark Tank  $4 million

Kent Pitch on Shark Tank

Company nameKent
ProductComposted briefs are made from 100% GOTS certified organic Pima cotton
EpisodeSeason 14 Episode 01
Founders Stacy and Jeff Grace
Asked for$200,000 For 5% equity
Final deal$200,000 For 15% equity 
Shark Daymond
LocationLos Angeles, USA

Don’t miss these product from Season 14

Kent Founders

Kent was founded by Stacy and Jeff Grace in 2016. Stacy and Jeff Grace are a married couple with connections in the entertainment industry in Los Angeles. Stacy holds a master’s degree in strategic fashion marketing, while her husband has a bachelor’s degree in political economics. Stacy currently works as an Accounts Manager & Brand Partnerships at Liberty Ltd. Jeff is an instructor at FIDM/Fashion Institute of Design & Merchandising. Kent’s founders, Stacy and Jeff Grace, have a net worth of 2 million USD as of 2023.

Key accomplishments

YearAccomplishment
2017In the initial year, Kent achieved $30,000 in sales, and the next year, he increased it to $120,000.
2022The company appeared on Shark Tank Season 14 and got the deal from Daymond.

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 Kent and its continued success.

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