Pearachute Net Worth 2023 Update (Before & After Shark Tank)
Pearachute, a Booking service for children’s classes, was started by Desiree Vargas Wrigley in 2015. As of October 2023, Pearachute net worth is $2 Million and they’re pulling in a whopping $1.4 M in annual revenue.
On November 5, 2017, they appeared on Season 9 of Shark Tank USA and made a deal with Mark Cuban, for $500,000 for 15% equity. The final valuation was $3.3 Million, down from the founder’s initial estimate of $8.3 Million.
The Pearachute is still in business. But their website is not active. The Facebook account has not updated scenes 2021.
Pearachute Net Worth
| Net worth | $2 Million (2023) |
| Annual Sales Revenue | $1.4 Million |
| Profits | – |
| Lifetime sales | – |
| Investor | Mark Cuban |
| Founders | Desiree Vargas Wrigley |
| Employees | 10 to 20 |
Pearachute Net Worth Timeline
| Net Worth 2023 | $2 Million |
| Net Worth 2022 | $1.8 Million |
| Net Worth 2021 | $1.6 Million |
| Net Worth 2020 | $1.4 Million |
| Net worth valuation in 2017 after appearing on Shark Tank | $3.3 Million |
| Net worth valuation in 2017 before appearing on Shark Tank | $8.3 Million |
Pearachute Pitch on Shark Tank
| Company name | Pearachute |
| Product | Booking service for children’s classes |
| Episode | Season 09 Episode 07 |
| Founder | Desiree Vargas Wrigley |
| Asked for | $500,000 for 6% equity |
| Final deal | $500,000 for 15% equity |
| Shark | Mark Cuban |
| Location | N Southport Ave, Chicago, IL |
Don’t miss these products from Season 9
Pearachute Founder
Pearachute was founded by Desiree Vargas Wrigley in 2015. She has a degree in economics. She also started the world’s first crowdfunding platform. Pearachute’s founder, Desiree Vargas Wrigley, has a net worth of USD 3.3 Million as of 2023.
Key accomplishments:
| Year | Accomplishment |
| 2021 | The company got recognition for its model to help small businesses grow. |
| 2017 | Pearachute has been featured in 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 Spretz and its continued success.
