Pitzstop is a disposable armpit guard. Michelle and Troy Tornabene created this in 2012. Pitzstop’s net worth was $200,000 at the time of their pitch in 2016 based on the $50,000 offer for 25% of the equity of the company.
They appeared in Season 02 of Shark Tank Australia in 2016. But, the Sharks were not interested in investing in Pitzstop.
Sharks had concerns regarding Pitzstop’s market, sales, and product value; thus, Michelle and Troy had to leave the show without a deal. After the show, Pitzstop unfortunately did not achieve much success. Pitzstop eventually went out of business. As of January 2024, it is no longer available in the market.
Pitzstop Net Worth
| Net worth | $200,000, business valuation (2016) |
| Annual Sales Revenue | $31,000 (2015) |
| Profits | – |
| Lifetime sales | – |
| Investor | – |
| Founders | Michelle and Troy Tornabene |
| Employees | – |
Pitzstop Net Worth Timeline
| Net Worth 2024 | Out of business |
| Net Worth 2023 | Out of business |
| Net Worth 2022 | Out of business |
| Net Worth 2021 | Out of business |
| Net worth valuation in 2016 before appearing on Shark Tank | $200,000 (business valuation) |
Pitzstop Pitch on Shark Tank
| Product | A disposable armpit guard |
| Episode | Season 02 Episode 05 |
| Founders | Michelle and Troy Tornabene |
| Asked for | $50,000 for 25% equity |
| Company name | Pitzstop |
| Final deal | No deal |
| Shark / Sharks | No Shark |
| Location | Greater Brisbane Area |
Don’t miss these products from Season 2
Pitzstop Founders
Michelle and Troy Tornabene founded Pitzstop in 2012. Michelle has experience working in the Health and Pharmaceutical industry. Michelle’s husband and business partner Troy is currently a Mission Leader at St. Vincent’s Care Services. Pitzstop’s founders Michelle and Troy Tornabene’s net worths are unknown as of 2024.
Key accomplishments
| Year | Accomplishment |
| 2016 | Pitzstop was featured on 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 Pitzstop and its continued success.
