Ride FRSH, a car air freshener, was started by Donovan Brown and Trey Brown in September 2018. As of September 2023, Ride FRSH’s net worth is $1 million. And they’re pulling in a whopping $2.2 million in annual revenue.
In November 2022, they appeared on season 14 of Shark Tank USA. And made a deal with Barbara Corcoran, $200,000 for 20% of equity. The final valuation was $1 million, down from the founder’s initial estimate of $4 million.
In 2023, Ride FRSH still appears to be gaining millions of revenues. If you want to inhale a pleasant smell inside your vehicle, buy their products. Now, you can purchase them from their official website.
Ride FRSH Net Worth
|Net worth||$1 million|
|Annual Sales Revenue||$2.2 million|
|Profits||Not publicly available|
|Lifetime sales||Not publicly available|
|Shark Tank Investor||Barbara Corcoran|
|Founder||Donovan Brown and Trey Brown|
Ride FRSH Net Worth Timeline
|Net Worth 2023||$1 million|
|Net Worth 2022||$1 million|
|Net worth valuation 2022 after appearing on Shark Tank||$1 million|
|Net worth valuation 2022 before appearing on Shark Tank||$4 million|
Ride FRSH Pitch on Shark Tank
|Company name||Ride FRSH|
|Product||Car air freshener|
|Episode||Season 14 Episode 07|
|Founders||Donovan Brown and Trey Brown|
|Asked for||$200,000 for a 5% Equity|
|Final deal||$200,000 for a 20% Equity|
|Location||South Gate, California|
Ride FRSH Founders
Ride FRSH was founded by Donovan Brown and Trey Brown in 2018. Donovan Brown is the Co-Founder and Marketing Director of Ride FRSH. He has studied marketing, finance, hospitality, and management at Distributive Education Clubs of America. Trey Brown is the Co-Founder and Director of Partnerships of Ride FRSH. Ride FRSH’s founders, Donovan Brown and Trey Brown, have a net worth of $800,000 USD as of 2023.
|2019||Became a certified B Corporation, a designation that means the company meets high standards of social and environmental performance, accountability, and transparency|
|2020||Launched a new line of car air fresheners made with all-natural ingredients|
|2022||Appeared on Shark Tank season 14 and Barbara Corcoran invested $200,000 for a 20% Equity|
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 Ride FRSH and its continued success.