Outer, Outdoor Furniture Company, was started by Jiake Liu and Terry Lin in 2017. As of November 2023, Outer net worth is $100 million. And they’re pulling in a whopping $18.5 million in annual revenue. 

In November 2019, they appeared on season 11 of Shark Tank USA and made a deal with Lori Greiner, for $300,000 for 22.5% of equity. The final valuation was $1.3 million, down from the founder’s initial estimate of $18.75 million.

Outer is still in business. The company was founded in 2017 and has since become one of the leading outdoor furniture brands in the United States. Outer is known for its high-quality, durable furniture that is designed to withstand the elements. Visit their official website for more details. 

Outer Net Worth

Net worth$100 million (2023)
Annual Sales Revenue$18.5 million (2023)
ProfitsNot publicly available
Lifetime salesNot publicly available
InvestorLori Greiner
FounderJiake Liu and Terry Lin
EmployeesNot publicly available

Outer Net Worth Timeline

Net Worth 2023$100 million
Net Worth 2022$24.6 million
Net worth valuation 2019 after appearing on Shark Tank  $1.3 million
Net worth valuation 2019 before appearing on Shark Tank  $18.75 million

Outer Pitch on Shark Tank

Company nameOuter
ProductOutdoor Furniture Company
EpisodeSeason 11 Episode 08
Founders Jiake Liu and Terry Lin
Asked for$750,000 for 4% equity
Final deal$300,000 for 22.5% equity
Shark Lori Greiner
LocationSanta Monica, California, US

Don’t miss these product from Season 11

Outer Founders

Outer was founded by Jiake Liu and Terry Lin in 2017. Jiake Liu serves as the Co-Founder and CEO of Outer. Terry Lin serves as the Co-Founder and Chief Design Officer of Outer.  Outer’s founders, Jiake Liu and Terry Lin, have a net worth of $23 million as of 2023.

Key accomplishments

2019Appeared on Shark Tank season 11 and Lori Greiner invested $300,000 for 22.5% equity
2020Received positive reviews from customers and critics alike.
2021Expanded its distribution network to include major retailers such as West Elm and Pottery Barn.


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 Outer and its continued success.

Similar Posts