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Pursecase Net Worth 2023 Update (Before & After Shark Tank)

Pursecase

Pursecase, a Phone case with a built-in purse, was started by Kelly Coughlan, and Jenn Deese. The company launch date is unknown. Pursecase net worth was $458,333 in 2013 based on the Shark Tank deal of $55,000 for 12% equity. 

On November 22, 2013, they appeared on Season 5 of Shark Tank USA and made a deal with Lori Greiner, $55,000 for 15% of equity.

Pursecase company went out of business. Their products are not available in the market.

Pursecase Net Worth

Net worthOut of business
Lifetime sales
InvestorLori Greiner
FoundersKelly Coughlan, Jenn Deese

Pursecase Net Worth Timeline

Net Worth 2023Out of business
Net worth valuation in 2013 after appearing on Shark Tank  $366,666
Net worth valuation in 2013 before appearing on Shark Tank  $458,333

Pursecase Pitch on Shark Tank

Company namePursecase
ProductPhone case with a built-in purse
EpisodeSeason 05 Episode 10
Founders Kelly Coughlan, Jenn Deese
Asked for$55,000 in exchange for 12% equity
Final deal$55,000 in exchange for 15% equity
SharkLori Greiner
Location710 WILSHIRE BLVD

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Pursecase Founders

Pursecase was founded by Kelly Coughlan and Jenn Deese. The company launch date is unknown. Jenn has a background in marketing. Kelley’s background in former public relations. Pursecase’s founders, Kelly Coughlan, and Jenn Deese, have a net worth of USD 458,333 as of 2023.

Key accomplishments

YearAccomplishment
2013Pursecase company appeared in Shark Tank

Conclusion

Some companies that appear on the show have not achieved great success, and the Pursecase was 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,  Pursecase went out of business in 2018. And the product is no longer available in the market.

What do you think?

Written by GAG Team

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