Sheets Laundry Club, a Shark Tank business known for its eco-friendly laundry products, has seen impressive growth since its pitch on the show. As of the latest reports, the company’s net worth stands at $6.5 million.
With investments from Shark Tank investors and a strong crowdfunding campaign, the business has expanded its product line to include additional sustainable household items. The brand continues to grow its market presence with new partnerships and retail expansions. Significant milestones include surpassing sales projections and gaining a dedicated customer base.
Sheets Laundry Club Net Worth
Estimated Net worth | $6.25 million (2024) |
Annual Sales Revenue | $2.5-$3 million (2023) |
Lifetime sales | $7 million |
Investor | Daniel Lubetzky |
Founders | Chris Videau & Chris Campbell |
Employees | 11 to 50 |
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 |
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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 $6 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.