“RootSuit” got featured on Shark Tank America in May 2013. The current net worth of RootSuit is unknown, as the business is not in operation since 2016. And the product is no longer available in the market. According to our online research, RootSuit went out of business in 2016.
RootSuit’s Net worth before appearing on Shark Tank | 660,000 USD (business valuation) |
RootSuit’s Current Net worth (2023) | Out of Business |
Episode | Season 04 Episode 22 |
Company name | RootSuit |
Product | Skin-tight full-body neon suits |
Founder | Colin Grussing |
Asked for | $100,000 for 15% Equity |
Final deal | No deal |
Shark | No Shark |
Business status | Out of Business |
Location | USA |
RootSuit’s founder, Colin Grussing, net worth is unknown as of 2023.
Conclusion:
Some companies that appear on the show have not achieved great success, and RootSuit was one of them. Sometimes businesses don’t succeed because of many reasons. Sometimes, the deal falls through after the founders say yes on camera. Or, as you’ll see, sometimes things happen to the founders themselves, and they choose to abandon the business. Anything is possible. However, RootSuit went out of business in 2016. And the product is no longer available in the market.