SilkRoll, founded by Janet Wu and Erin Wold in 2016, is an online platform where women can trade high-end fashion items using a unique points system.
In March 2019, they appeared on Shark Tank seeking a $250,000 investment for 3% equity but did not secure a deal.
Despite this, SilkRoll has experienced significant growth, achieving approximately $1 million in annual revenue and a net worth of $4 million as of 2025.
The platform has processed over $20 million in lifetime sales, reflecting its expanding user base and commitment to sustainable fashion.
SilkRoll Net Worth
Net worth | $4 millon (2025) |
Annual Sales Revenue | $1 million (2025) |
Profits | Not available |
Lifetime Sales | $20 million |
Shark Tank Investor | N/A |
Founders | Janet Wu and Erin Wold-Fettner |
Employees | 9 employees |
SilkRoll Pitch on Shark Tank
Company name | SilkRoll |
Product | Fashion and Clothing |
Episode | Season 10 Episode 17 |
Founders | Janet Wu and Erin Wold-Fettner |
Asked for | $250,000 for 3% equity |
Final deal | No Deal |
Shark | N/A |
Location | California, USA |
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SilkRoll Founders
SilkRoll was founded by Janet Wu and Erin Wold-Fettner in 2016. Janet Wu, who worked as an investment banker in different places for a decade, founded SilkRoll. She then told Erin Wold about her idea. Erin had always wanted to own fashionable clothes like these. SilkRoll’s founders, Janet Wu and Erin Wold-Fettner, have a net worth of 3 Million USD as of 2025.
Key accomplishments
Year | Accomplishment |
2018 | In 2018, the two women launched their business with $104,773 they received from people who supported their idea on the crowdfunding website Republic. |
2019 | SilkRoll appeared Shark Tank Season 10. |
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 SilkRoll and its continued success.