Sneakerasers Net Worth 2023 Update (Before & After Shark Tank)
Sneakerasers, a clean-tech erasers that clean your shoes, was started by Chris Pavlica and Kevin Consolo in 2016. As of September 2023, Sneakerasers net worth is $5 million and they’re pulling in a whopping $2 million in annual revenue.
In May 2021, they appeared on season 12 of Shark Tank USA and made a deal with Lori Greiner and Alex Rodriguez, for $200,000 for 8% of equity. The final valuation was $1 million, down from the founder’s initial estimate of $2.5 million.
In 2023, Sneakerasers will still appear in the business world. Do you want to clean your sneakers easily? Then you should try Sneakeraser’s products. Now you can purchase them online from their official website or on Amazon.
Sneakerasers Net Worth
Net worth | $5 million (2023) |
Annual Sales Revenue | $2 million (2022) |
Profits | Not publicly available |
Lifetime sales | $5 million (2022) |
Investor | Lori Greiner and Alex Rodriguez |
Founder | Chris Pavlica and Kevin Consolo |
Employees | Not publicly available |
Sneakerasers Net Worth Timeline
Net Worth 2023 | $5 million |
Net Worth 2022 | 5 million |
Net worth valuation 2021 after appearing on Shark Tank | $1 million |
Net worth valuation 2021 before appearing on Shark Tank | $2.5 million |
Sneakerasers Pitch on Shark Tank
Company name | Sneakerasers |
Product | Clean-tech erasers that clean your shoes |
Episode | Season 12 Episode 23 |
Founder / Founders | Chris Pavlica and Kevin Consolo |
Asked for | $200,000 for 8% equity |
Final deal | $200,000 for 20% equity |
Shark / Sharks | Lori Greiner and Alex Rodriguez |
Location | Upper Arlington, Ohio, US |
Sneakerasers Founders
Sneakerasers was founded by Chris Pavlica and Kevin Consolo in 2016. Chris Pavlica is a graduate of Ohio University. He has a degree in business administration. Prior to starting SneakErasers, Pavlica worked as a marketing manager for a software company. Kevin Consolo, the other co-founder, is a graduate of the University of Akron. He has a degree in mechanical engineering. Prior to starting SneakErasers, Consolo worked as a product designer for a toy company. Sneakerasers’s founders, Chris Pavlica and Kevin Consolo, have a net worth of $1.2 million as of 2023.
Key accomplishments
Year | Accomplishment |
2021 | Appeared on Shark Tank season 12 and Lori Greiner and Alex Rodriguez invested $200,000 for 8% equity. |
2022 | Launched a line of sustainable shoe care products. |
2023 | Made partnership with a major shoe retailer to offer SneakErasers in all of its stores |
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 Sneakerasers and its continued success.