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NicePipes Apparel Net Worth 2023 Update (Before & After Shark Tank)

NicePipes-Appare-Shark-Tank-US-Net-worth

NicePipes Apparel is a company manufacturing warmers for arms and legs. This was started by Lisa Binderow in 2014. As of December 2023, NicePipes Apparel’s net worth is $5 million. They’re pulling in a whopping $4 million in annual revenue. 

In 2017, they appeared on Season 08 of Shark Tank USA, seeking $100,000 for 10% of equity, valuing the company at $1 million. But the Sharks were not interested in investing in NicePipes Apparel.

After its appearance on Shark Tank, NicePipes Apparel witnessed significant growth in its sales. NicePipes Apparel’s social media handles have not been updated since 2018. However, the company website is still up and active. Furthermore, according to the owner’s LinkedIn account, NicePipes Apparel is running operations as of December 2023. You can make purchases through the company website.

NicePipes Apparel Net Worth

Net worth$5 million (2023)
Annual Sales Revenue$4 million (2023)
Profits
Lifetime sales
Investor
FounderLisa Binderow
Employees2-10

NicePipes Apparel Net Worth Timeline

Net Worth 2023$5 million
Net Worth 2022$5 million
Net worth valuation in 2017 before appearing on Shark Tank  $1 million (business valuation)

NicePipes Apparel Pitch on Shark Tank

Company nameNicePipes Apparel
ProductWarmers for arms and legs
EpisodeSeason 08 Episode 11
FounderLisa Binderow
Asked for$100,000 for 10% equity
Final dealNo deal 
Shark No shark
LocationNew York

Don’t miss these products from Season 8

NicePipes Apparel Founder

Lisa Binderow founded NicePipes Apparel in 2014. Lisa graduated from the University of Michigan with a bacelor’s of Science degree. Before starting her own business, Lisa followed other career ventures. She also was passionate about yoga and fitness. She worked for six years at Yoga Works as a Fitness Trainer and a Program Manager. This experience was one of the key factors that drove Lisa to start NicePipes Apparel. NicePipes Apparel’s founder, Lisa Binderow has a net worth of $1 million as of 2023.

Key accomplishments

YearAccomplishment
2017NicePipes Apparel was featured on Shark Tank.

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 NicePipes Apparel and its continued success.

What do you think?

Written by GAG Team

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