ShredSkinz, Single-use recyclable Sauna Suit, was started by Kalaii Griffin II in October, 2020. As of August 2023, Shredskinz net worth is $500K and they’re pulling in a whopping $23K in annual revenue.
In December, 2022, they appeared on Season 14th of Shark Tank USA and made a deal with Mark Cuban, for $60,000 for 20% equity. The final valuation was $300K and it was the same as the founder’s initial estimate of $300K.
In August 2023, Shredskinz is still in business. You can purchase their products on the company website and e-commerce channels.
Shredskinz Net Worth
Net worth | $500K Million |
Annual Sales Revenue | $23K |
Profits | Not available |
Lifetime Sales | Over 100,000 suits |
Shark Tank Investor | Mark Cuban |
Founder | Kalaii Griffin II |
Employees | Not available |
Shredskinz Net Worth Timeline
Net Worth 2023 | $500K |
Net worth valuation 2022 after appearing on Shark Tank | $300K |
Net worth valuation 2022 before appearing on Shark Tank | $300K |
Shredskinz Pitch on Shark Tank
Company name | ShredSkinz |
Product | Single-use recyclable Sauna Suit |
Episode | Season 14 Episode 08 |
Founder | Kalaii Griffin II |
Asked for | $60,000 for 20% equity |
Final deal | $60,000 for 20% equity |
Shark | Mark Cuban |
Location | United State |
Shredskinz Founder
Shredskinz was founded by Kalaii Griffin II in 2020. Kalaii Griffin II has created the world’s first-ever sauna suit. It can used for a single time and can recycled. ShredSkinz’s founder, Kalaii Griffin II, has a net worth of 1.65 Million USD as of 2023.
Key accomplishments:
Year | Accomplishment |
2022 | Appeared in shark tank season 14 and was able to make a deal with Mark Cuban. |
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 Shredskinz and its continued success.