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. Pearachute net worth was $3.3 Million in 2017 based on the Shark Tank deal of $500,000 for 15% equity. 

On November 5, 2017, they appeared on Season 9 of Shark Tank USA with the company’s valuation net worth of $8.3 Million.

The Pearachute went out of business in 2021. 

Pearachute Net Worth

Net worth$3.3 Million (2017)
Lifetime sales
InvestorMark Cuban
FounderDesiree Vargas Wrigley

Pearachute Net Worth Timeline

Net Worth 2023Out of business
Net Worth 2021$3.3 Million (Business valuation)
Net Worth 2020$2.5 Million
Net worth valuation in 2017 after appearing on Shark Tank  $3.3 Million (Business valuation)
Net worth valuation in 2017 before appearing on Shark Tank  $8.3 Million (Business valuation)

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

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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:

2021The company got recognition for its model to help small businesses grow.
2017Pearachute has been featured in Shark tank


Pearachute Some companies that appear on the show have not achieved great success, and Pearachute is one of them. Sometimes businesses don’t succeed for many reasons. Sometimes, the deal falls through after the founders say yes on camera. Or, as you’ll see, sometimes things happen to the founders themselves, and they choose to abandon the business. Anything is possible. However,  Pearachute went out of business in 2021. And the product is no longer available in the market.