ReTold Recycling Net Worth 2024 Update (Before & After Shark Tank)
ReTold Recycling, a California-based subscription service, was started by Alan Yeoh and Amelia Trumble in 2020. As of January 2024, ReTold Recycling net worth is $1.4 million and they were $500K annual revenue in 2022.
In February 2023, they appeared on season 14 of Shark Tank USA and made a deal with Mark Cuban, $300,000 for 25% equity. The final valuation was $1.2 million, down from the founder’s initial estimate of $2 million.
As of 2024 January, the company is still in business. You can purchase products through e-commerce channels such as their website and Amazon.
ReTold Recycling Net Worth
| Net worth | $1.4 million |
| Annual Sales Revenue | $500K (As of 2022) |
| Profits | $215K (As of 2022) |
| Lifetime sales | – |
| Investor | Mark Cuban |
| Founders | Alan Yeoh and Amelia Trumble |
| Employees | 2-10 employees |
ReTold Recycling Net Worth Timeline
| Net Worth 2024 | $1.4 million |
| Net worth valuation 2023 after appearing on Shark Tank | $1.2 million |
| Net worth valuation 2023 before appearing on Shark Tank | $2 million |
ReTold Recycling Pitch on Shark Tank
| Company name | ReTold Recycling |
| Product | Subscription based recycling process for clothes |
| Episode | Season 14 Episode 14 |
| Founders | Amelia Trumble and Alan Yeoh |
| Asked for | $300,000 for 15% equity |
| Final deal | $300,000 for 25% equity |
| Shark | Mark Cuban |
| Location | California, USA |
Don’t miss these product from Season 14
ReTold Recycling Founders
ReTold Recycling was founded by Amelia Trumble and Alan Yeoh in 2020. Amelia, who studied marketing at RMIT University, served as a marketing manager in several firms like Fairfax Digital and The Estée Lauder Companies. Another co-founder, Alan, with an MBA from The Wharton School, held various roles at companies like The Vitamin Shoppe, Uber, and Airbnb. ReTold Recycling’s founders, Amelia Trumble and Alan Yeoh, have a net worth of 900K USD as of 2024.
Key accomplishments
| Year | Accomplishment |
| 2023 | The company appeared on Shark Tank Season 14 and got the deal from Mark Cuban. In June 2023, they recycled 80 tons of textiles. |
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 ReTold Recycling and its continued success.
