Ride FRSH, a car air freshener company, secured a $200,000 investment from Barbara Corcoran on Shark Tank in 2022, valuing the company at $1 million.
The company has raised $575,000 in funding from investors including Barbara Corcoran, O’Reilly AlphaTech Ventures, Grid110, and PledgeLA. As of 2024, Ride FRSH’s net worth is estimated at around $1.3 million.
The company has partnered with NBA teams and Nickelodeon and is awaiting a distribution deal with AutoZone. Ride FRSH continues to grow, offering a subscription-based service with over 10,000 active subscribers.
Ride FRSH Net Worth
| Net worth | $1.3 million (2024) |
| Annual Sales Revenue | $750,000 (2024) |
| Lifetime sales | Not publicly available |
| Shark Tank Investor | Barbara Corcoran |
| Founder | Donovan Brown and Trey Brown |
| Employees | 50 employees |
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 |
| Shark | Barbara Corcoran |
| Location | South Gate, California |
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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 2024.
Key accomplishments
| Year | Accomplishment |
| 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. |
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 Ride FRSH and its continued success.