One Sole, founded by Dominique Barteet, appeared on Shark Tank with its interchangeable shoe concept. Barbara Corcoran and Daymond John invested $500,000 for a 35% stake, propelling the brand’s growth.
Despite initial success, the business faced challenges and eventually scaled back operations. As of 2024, One Sole’s estimated net worth is around $3 million. The company did not pursue significant crowdfunding and remains privately held.
While it no longer has a prominent retail presence, One Sole continues to operate online, focusing on niche markets and loyal customers. No recent major milestones or acquisitions have been reported.
One Sole Net Worth
Estimated Net worth | $3 million (2024) |
Annual Sales Revenue | $6 million (2024) |
Lifetime Sales | $1 million |
Shark Tank Investor | Daymond John |
Founder | Dominique Mc Clain Barteet |
Employees | Not available |
One Sole Pitch on Shark Tank
Company name | One Sole |
Product | Interchangeable shoe |
Episode | Season 02 Episode 09 |
Founder | Dominique McClain Barteet |
Asked for | $500,000 for 20% Equity |
Final deal | $500,000 for 35% Equity |
Shark | Daymond John |
Location | West Palm beach, Florida, United State. |
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One Sole Founder
Dominique Mc Clain Barteet founded One Sole in 2002. Dominique Barteet developed this idea while she was working in the pharmacy. Without any prior experience in shoe design or business sector she won her target. One Sole’s founder, Dominique Mc Clain Barteet’s net worth is unknown as of 2024. However based on the deal, it should be approximately $900,000.
Key accomplishments
Year | Accomplishment |
2011 | Appeared on Shark Tank season 02 episode 09. |
2013 | Being awarded the Footwear News Innovation Award. |
2014 | Reached 1 million sales. Being named one of the “Top 100 Most Innovative Companies” by Fast Company. |
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 One Sole and its continued success.