RootSuit, a skin-tight full-body neon suit, was started by Colin Grussing in 2012. RootSuit net worth was $660,000 at the time of their pitch in 2013 based on the $100,000 offer for an 15% of equity of the company.
They appeared on season 4 of Shark Tank USA in 2013. But the Sharks didn’t pay interest to investing in RootSuit. The sharks were confused about how RootSuit worked. And what made it different from other swimsuits.
RootSuit is not in business anymore. See also: Similar products on Amazon.
RootSuit Net Worth
| Net worth | $660,000 (2013) |
| Annual Sales Revenue | – |
| Profits | – |
| Lifetime sales | – |
| Investor | None |
| Founder | Colin Grussing |
| Employees | – |
RootSuit Net Worth Timeline
| Net Worth 2023 | – |
| Net Worth 2022 | – |
| Net worth valuation 2013 after appearing on Shark Tank | N/E |
| Net worth valuation 2013 before appearing on Shark Tank | $660,000 |
RootSuit Pitch on Shark Tank
| Product | Skin-tight full-body neon suits |
| Episode | Season 04 Episode 22 |
| Founder | Colin Grussing |
| Asked for | $100,000 for 15% Equity |
| Company name | RootSuit |
| Final deal | None |
| Shark | None |
| Location | USA |
Don’t miss these product from Season 04
RootSuit Founder
Colin Grussing found RootSuit in 2012. Colin Grussing, a mechanical engineer and athlete. Grussing was inspired to create RootSuit after experiencing the discomfort of drag while swimming. The networth of RootSuit’s founder, Colin Grussing, is unknown as of 2023.
Key accomplishments
| Year | Accomplishment |
| 2013 | Appeared on Shark Tank season 04 |
| 2015 | RootSuit is awarded the “Best New Product” award at the Outdoor Retailer Summer Market. |
| 2016 | RootSuit is worn by Katie Ledecky at the Olympic Games in Rio de Janeiro. |
Conclusion
Some companies that appear on the show have not achieved great success, and the 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.
