Ride FRSH Net Worth 2023 Update (Before & After Shark Tank)
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 |
Employees | 50 employees |
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 |
Shark | Barbara Corcoran |
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.
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.