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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
InvestorMark Cuban
FoundersDesiree Vargas Wrigley
Employees10 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 namePearachute
ProductBooking service for children’s classes
EpisodeSeason 09 Episode 07
Founder Desiree Vargas Wrigley
Asked for$500,000 for 6% equity
Final deal$500,000 for 15% equity
SharkMark Cuban
LocationN 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:

YearAccomplishment
2021The company got recognition for its model to help small businesses grow.
2017Pearachute 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.

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