Shredskinz Net Worth 2023 Update (Before & After Shark Tank)

ShredSkinz

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
ProfitsNot available
Lifetime SalesOver 100,000 suits
Shark Tank InvestorMark Cuban
FounderKalaii Griffin II
EmployeesNot 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 nameShredSkinz
ProductSingle-use recyclable Sauna Suit
EpisodeSeason 14 Episode 08
Founder Kalaii Griffin II
Asked for$60,000 for 20% equity
Final deal$60,000 for 20% equity
Shark Mark Cuban
LocationUnited 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:

YearAccomplishment
2022Appeared 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.