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ReTold Recycling Net Worth 2024 Update (Before & After Shark Tank)

"ReTold Recycling" Net Worth 2023 Update 

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
InvestorMark Cuban
FoundersAlan Yeoh and Amelia Trumble
Employees2-10 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 nameReTold Recycling
ProductSubscription based recycling process for clothes 
EpisodeSeason 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
LocationCalifornia, 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

YearAccomplishment
2023The 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.

What do you think?

Written by GAG Team

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