Shefit, an adjustable, customizable sports bra line, founded by Sara Moylan was featured on Shark Tank in 2016. Sara secured a $250,000 investment from Daymond John for 25% equity in her business.
Shefit has driven its success, with the company expanding its product line to include various workout gear. Despite facing some legal challenges, Shefit remains a strong player in the market, with an estimated net worth of $7 million.
The company takes continuous actions to leverage direct-to-consumer sales and a robust online presence.
Shefit Net Worth
| Net worth | $7 million |
| Annual Sales Revenue | $7 million (2023) |
| Lifetime sales | Not available |
| Investor | Daymond John |
| Founder | Sarah Moylan |
| Employees | 25 |
Shefit Pitch on Shark Tank
| Company name | Shefit |
| Product | A customizable, adjustable zip-up sports bra |
| Episode | Season 07 Episode 15 |
| Founder | Sarah Moylan |
| Asked for | $250,000 for 20% equity |
| Final deal | $250,000 for 33.3% equity |
| Shark | Daymond John |
| Location | Grand Rapids, Michigan |
Don’t miss these products from Season 7
Shefit Founder
Sarah Moylan founded Shefit in 2010. Crowned as Miss Michigan in 2008, Sarah is an outgoing, determined character. She is a fitness enthusiast; her passion as well as dedication for fitness paved the way for the creation of Shefit. Shefit’s founder, Sarah Moylan, has a net worth of over 7 Million USD as of 2024.
Key accomplishments
| Year | Accomplishment |
| 2016 | Shefit was featured on Shark Tank and secured a deal. |
| 2018 | Shefit received the Healthy Fitness Award by SELF for the Best High Impact Sports Bra. She fit got featured on the Entrepreneur 360 list. |
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 Shefit and its continued success.