Sock Drawer Heroes Net Worth 2024 Update (Before & After Shark Tank)

Sock Drawer Heroes’ net worth was $750,000 in 2023 based on the Shark Tank deal. Sock Drawer Heroes is a gender-affirming product line. Erin Spencer and Bec Cerio founded this in 2018.
In 2023, they appeared on Season 5 of Shark Tank Australia and made a deal with Catriona Wallace and Jane Lu, $120,000 for 16% equity.
As the first trans-own company to appear on Shark Tank Australia, the company had a notable growth following the show. The company currently works with over 10 brands. You can purchase their products via the company website.
Sock Drawer Heroes Net Worth
Net worth | $750,000 (2023) |
Annual Sales Revenue | $610,000 (2022) |
Profits | $13,200 |
Lifetime sales | Not available |
Investor | Catriona Wallace and Jane Lu |
Investment | $120,000 for 16% equity |
Founders | Erin Spencer and Bec Cerio |
Employees | <10 |
Sock Drawer Heroes Net Worth Timeline
Net Worth 2024 | Not available |
Net worth valuation in 2023 after appearing on Shark Tank | $750,000 |
Net worth valuation in 2023 before appearing on Shark Tank | $1.6 million |
Sock Drawer Heroes Pitch on Shark Tank
Product | A gender-affirming product line |
Episode | Season 05 Episode 08 |
Founders | Erin Spencer and Bec Cerio |
Asked for | $120,000 for 7.5% equity |
Company name | Sock Drawer Heroes |
Final deal | $120,000 for 16% equity |
Sharks | Catriona Wallace and Jane Lu |
Location | Sydney |
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Sock Drawer Heroes Founders
Erin Spencer and Bec Cerio founded Sock Drawer Heroes in 2018. Erin has work experience as a senior mechanic and a salesperson. Bec is a graduate of the University of New South Wales, an entrepreneur as well as a project officer at the Cancer Institute of New South Wales. Sock Drawer Heroes’ founders Erin Spencer and Bec Cerio’s net worth is unknown as of 2024. However, based on the Shark Tank deal, they should have an approximate net worth of $630,000.
Key accomplishments
Year | Accomplishment |
2023 | The company was featured on Shark Tank Australia and secured a deal. Finalist of Online Retail Industry Awards. Winner of Adult Citizen of the Year. |
2024 | Finalist of Inner West Local Business Awards. The company has been featured in several media platforms including, Xero, Pink News, Smart Company, and LGBTQ Nation. |
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 Sock Drawer Heroes and its continued success.
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