Pandaloon, a pet costume, was started by Eugenia Chen in 2015. As of September 2023, Pandaloon’s net worth is $2.4 million, and they’re pulling in a whopping $2 million in annual revenue.
On January 21, 2018, they appeared on Season 09 of Shark Tank USA and made a deal with Daymond John, $60,000 for 35% equity. The final valuation was $170K, down from the founder’s initial estimate of $300K.
Pandaloon is still in business. The company has experienced significant success since its appearance on Shark Tank. Their pet costumes are going viral and being featured in various media outlets. Pandaloon products are available on its website.
Pandaloon Net Worth
Net worth | $2.4 million (2023) |
Annual Sales Revenue | $2 million (2023) |
Profits | – |
Lifetime sales | – |
Shark Tank Investor | Daymond John |
Founder | Eugenia Chen |
Employees | 26 employees |
Pandaloon Net Worth Timeline
Net Worth 2023 | $2.4 Million | ||
Net Worth 2022 | $2 Million | ||
Net Worth 2021 | $1.5 Million | ||
Net Worth 2020 | $1 Million | ||
Net worth valuation 2018 before appearing on Shark Tank | $300k | ||
Net worth valuation 2018 after appearing on Shark Tank | $170K |
Pandaloon Pitch on Shark Tank
Company name | Pandaloon |
Product | Pet Costumes |
Episode | Season 09 Episode 17 |
Founder | Eugenia Chen |
Asked for | $60,000 for 20% equity |
Final deal | $60,000 for 35% equity |
Shark | Daymond John |
Location | Ramona, California |
Pandaloon Founder
Pandaloon was founded by Eugenia Chen in 2015. She is a video content creator, entrepreneur, and former math professor. Chen’s passion for pandas and her love for pets inspired her to create Pandaloon. Which has gained significant attention and success since its appearance on Shark Tank. Pandaloon’s founder, Eugenia Chen, has a net worth of 2.4 Million USD as of 2023.
Key accomplishments
Year | Accomplishment |
2023 | Viral Success: Pandaloon’s pet costumes have gone viral, with videos and photos of pets wearing their costumes being shared widely on social media |
2022 | Expansion of Product Offerings: Pandaloon has expanded its product offerings to include clothing for humans, in addition to its popular pet costumes and accessories |
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 Spretz and its continued success.