R. Riveter is a handbag brand crafted by military spouses. This was started by Cameron Cruse and Lisa Bradley in 2011. As of November 2023, R. Riveter’s net worth is $2 million. They’re pulling in a whopping $2 million in annual revenue.
In February 2016, they appeared on Season 07 of Shark Tank USA and made a deal with Mark Cuban for $100,000 for 20% of equity plus a line of credit. The final valuation was $500,000, the same as the founder’s initial estimate of $500,000.
Cameron and Lisa’s ambitious pitch for R.Riveter impressed the Sharks. Thus, their company could secure a deal. After the show, R.Riveter had a notable growth in sales. As of November 2023, the company is successfully running its business. You can make purchases through their website. They also have a Flagship Store at Southern Pines, North Carolina.
R. Riveter Net Worth
| Net worth | $2 million (2023) |
| Annual Sales Revenue | $2 million (2023) |
| Profits | – |
| Lifetime sales | $320,000 (2015) |
| Investor | Mark Cuban |
| Founders | Cameron Cruse and Lisa Bradley |
| Employees | 11-50 |
R. Riveter Net Worth Timeline
| Net Worth 2023 | $2 million |
| Net Worth 2022 | $2 million |
| Net worth valuation in 2016 after appearing on Shark Tank | $500,000 |
| Net worth valuation in 2016 before appearing on Shark Tank | $500,000 |
R. Riveter Pitch on Shark Tank
| Company name | R. Riveter |
| Product | A handbag brand crafted by military spouses. |
| Episode | Season 07 Episode 16 |
| Founders | Cameron Cruse and Lisa Bradley |
| Asked for | $100,000 for 20% equity |
| Final deal | $100,000 for 20% equity |
| Shark | Mark Cuban |
| Location | Washington DC |
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R. Riveter Founders
R. Riveter was founded by Cameron Cruse and Lisa Bradley in 2011. Cameron and Lisa are military wives, and they wanted to start a business that encourages military spouses to have a stable income source to support their families. R. Riveter is a result of their passion and entrepreneurial skills. R. Riveter’s founders, Cameron Cruse and Lisa Bradley have a net worth of 2 Million USD as of 2023.
Key accomplishments
| Year | Accomplishment |
| 2016 | R. Riveter got featured on Shark Tank and secured a deal |
| 2023 | Currently, R. Riveter has 21 retail locations |
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 R. Riveter and its continued success.