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PittMoss Net worth Update (Before & After Shark Tank)

- Shark Tank US (Net worth Update)PittMoss

PittMoss, an eco-friendly peat moss substitute, was started by Mont Handley in 1994. As of September 2023, PittMoss’s net worth is $4.5 million, and they’re pulling in a whopping $3 million in annual revenue. 

In April 2015, they appeared on Season 6 of Shark Tank USA and made a deal with Kevin O’Leary, Mark Cuban, and Robert Herjavec, $600,000 for 35% of equity. The final valuation was $1.71 million, down from the founder’s initial estimate of $2.4 million.

As of 2023, PittMoss is still in business. You can purchase their products from their website and other e-commerce channels.

PittMoss Net Worth

Net worth$4.5 million
Annual Sales Revenue$3 million
Profits
Lifetime Sales$6 million
Shark Tank InvestorKevin O’Leary, Mark Cuban, and Robert Herjavec
FounderMont Handley
Employees28 employees

PittMoss Net Worth Timeline

Net Worth 2023$4.5 million
Net Worth 2022$4.5 million
Net Worth 2021$3 million
Net Worth 2020$3 million
Net worth valuation 2015 after appearing on Shark Tank  $1.71 million
Net worth valuation 2015 before appearing on Shark Tank  $2.4 million

PittMoss Pitch on Shark Tank

Company namePittMoss
ProductEco-friendly peat moss substitute
EpisodeSeason 06 Episode 25
Founder  Mont Handley
Asked for$600,000 For 25% Equity
Final deal$600,000 Million For 35% Equity
SharksKevin O’Leary, Mark Cuban and Robert Herjavec
LocationAmbridge, Pennsylvania

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 2.5 million USD as of 2023.

Key accomplishments

YearAccomplishment
2016Founder Mont Handley stepped down as CEO in 2016 and was replaced by Brian Scott.
2017The company secured $1.2 million in funding from Innovation Works, Blue Tree Allied Angels, and Idea Foundry.
2021Increased 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.

What do you think?

Written by GAG Team

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