Mont Handley created PittMoss to replace traditional peat moss with an eco-friendly soil made from recycled paper. He pitched the idea on Shark Tank in 2015 and secured a $600,000 investment from Mark Cuban, Kevin O’Leary, and Robert Herjavec.
This exposure helped PittMoss expand its products and grow its market presence. By 2022, the company had raised over $7.7 million in funding.
As of 2025, PittMoss is valued at $4.5 million, generates around $3 million in annual revenue, and was recognized as one of Pepperdine University’s Most Fundable Companies, highlighting its role in sustainable agriculture.
PittMoss Net Worth
Net worth | $4.5 million (2025) |
Annual Sales Revenue | $3 million |
Lifetime Sales | $6 million |
Shark Tank Investor | Kevin O’Leary, Mark Cuban, and Robert Herjavec |
Founder | Mont Handley |
Employees | 28 employees |
PittMoss Pitch on Shark Tank
Company name | PittMoss |
Product | Eco-friendly peat moss substitute |
Episode | Season 06 Episode 25 |
Founder | Mont Handley |
Asked for | $600,000 For 25% Equity |
Final deal | $600,000 Million For 35% Equity |
Sharks | Kevin O’Leary, Mark Cuban and Robert Herjavec |
Location | Ambridge, Pennsylvania |
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PittMoss Founder
Mont Handley founded PittMos in 1994. PitMoss was his lifelong business, but in 2016 he stepped down from being the company’s CEO. PittMoss’s founder, Mont Handley, has a net worth of 4.5 million USD as of 2025.
Key accomplishments
Year | Accomplishment |
2016 | Founder Mont Handley stepped down as CEO in 2016 and was replaced by Brian Scott. |
2017 | The company secured $1.2 million in funding from Innovation Works, Blue Tree Allied Angels, and Idea Foundry. |
2021 | Increased net worth by $500,000 from crowdfunding |
Conclusion
From their beginnings on Shark Tank to their current status as a thriving business. And they have proven that with the right idea and execution, anything is possible. We can’t wait to see the future for PittMoss and its continued success.