The eco-friendly laundry sheets, “Sheets Laundry Club”, was started by Chris Videau and Chris Campbell in January 2020. As of August 2023, Sheets Laundry Club’s net worth is $6.5 Million, and they’re pulling in a whopping $2.5 – $3 million in revenue every year to back it up. In November 2021, they appeared on the 13th Season of Shark Tank USA and made a deal with Daniel Lubetzky for $500,000 of 5% equity. The final valuation was $6.25 Million, down from the founder’s initial estimate of $10 Million.
Sheets Laundry Club Net Worth Timeline
|Net Worth 2023||$6.5 Million|
|Net Worth 2022||$6.25 Million|
|Net Worth 2021 after appearing on Shark Tank||$6.25 Million|
|Net worth 2021 before appearing on Shark Tank||$10 Million USD (business valuation)|
Sheets Laundry Club Pitch on Shark Tank
|Company name||Sheets Laundry Club|
|Product||Plastic-free dissolvable laundry detergent sheets|
|Episode||Season 13 Episode 07|
|Founders||Chris Videau and Chris Campbell|
|Asked for||$500,000 for 5% equity|
|Final deal||$500,000 for 8% equity and 2% advisory shares|
|Location||Mooresville, North Carolina, United States|
Sheets Laundry Club Founders
Chris Videau and Chris Campbell, co-founders of Sheets Laundry Club, noticed the plastic crisis during their military service. They began the company in a garage, now with 13 team members, aiming to fight plastic pollution. Sheets Laundry Club’s founders, Chris Videau and Chris Campbell, have a net worth of $5.85 Million as of 2023.
|2020||Founded by Chris Videau and Chris Campbell|
|2021||Featured on Shark Tank in Season 13|
|2023||Still in business, offering plastic-free and biodegradable laundry detergent sheets. Achieved over $2.5 million in sales and continues to grow rapidly|
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 Sheets Laundry Club and its continued success.