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Shefit Net Worth 2024 Update (Before & After Shark Tank)

Shark-Tank-US-Net-worth-UpdateShefit.

Shefit is a customizable, adjustable zip-up sports bra. Sarah Moylan founded this in 2010. As of March 2024, Shefit’s net worth is $7.1 million. They’re pulling in a whopping $7 million in annual revenue. 

In January 2016, they appeared on Season 07 of Shark Tank USA and made a deal with Daymond John, for $250,000 for 33.3% of equity. The final valuation was $750,750 down from the founder’s initial estimate of $1.25 million.

After its appearance on the Shark Tank, Shefit witnessed significant growth in sales. The company received exposure through the show and expanded its products over time. Shefit is still active in business. You can purchase their products via the company website, Amazon, and selected stores.

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Shefit Net Worth

Net worth$7.1 million (2024)
Annual Sales Revenue$7 million (2023)
Profits
Lifetime sales
InvestorDaymond John
FounderSarah Moylan
Employees<25

Shefit Net Worth Timeline

Net Worth 2024$7.1 million
Net Worth 2023$7 million
Net Worth 2022$7 million
Net worth valuation in 2016 after appearing on Shark Tank  $750,750
Net worth valuation in 2016 before appearing on Shark Tank  $1.25 million

Shefit Pitch on Shark Tank

Company nameShefit
ProductA customizable, adjustable zip-up sports bra
EpisodeSeason 07 Episode 15
Founder Sarah Moylan
Asked for$250,000 for 20% equity
Final deal$250,000 for 33.3% equity
SharkDaymond John
LocationGrand 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, and her passion 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

YearAccomplishment
2016Shefit was featured on Shark Tank and secured a deal
2018Shefit 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.

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Written by GAG Team

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