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R. Riveter Net Worth 2023 Update (Before & After Shark Tank)

Shark-Tank-US-Net-worth-UpdateR.-Riveter

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)
InvestorMark Cuban
FoundersCameron Cruse and Lisa Bradley
Employees11-50

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 nameR. Riveter
ProductA handbag brand crafted by military spouses.
EpisodeSeason 07 Episode 16
Founders Cameron Cruse and Lisa Bradley
Asked for$100,000 for 20% equity
Final deal$100,000 for 20% equity
SharkMark Cuban
LocationWashington 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

YearAccomplishment
2016R. Riveter got featured on Shark Tank and secured a deal
2023Currently, 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.

What do you think?

Written by GAG Team

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