The eco-friendly laundry sheets, “Sheets Laundry Club”, was started by Chris Videau and Chris Campbell in January 2020. As of March 2024, Sheets Laundry Club’s net worth is $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 is still in business. You can buy their products on the company website and Amazon.
Sheets Laundry Club Net Worth
Net worth | $5 Million (2024) |
Annual Sales Revenue | $2.5-$3 million (2023) |
Profits | – |
Lifetime sales | $7 million |
Investor | Daniel Lubetzky |
Founder | Chris Videau & Chris Campbell |
Employees | 11 to 50 |
Sheets Laundry Club Net Worth Timeline
Net Worth 2024 | $5 Million |
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 |
Shark | Daniel Lubetzky |
Location | Mooresville, North Carolina, United States |
Don’t miss these product from Season 13
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 net worth is unavailable. However, according to the deal for the Shark Tank pitch, they had 95% equity in the company. Therefore Chris Videau and Chris Campbell should have more than $5.93 Million net worth as of 2024.
Key accomplishments
Year | Accomplishment |
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 |
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 Sheets Laundry Club and its continued success.