Sonnet James, a women’s clothing company, was started by Whitney Lundeen in August 2013. As of September 2023, Sonnet James net worth is $4.5 million. And they’re pulling in a whopping $6 million in annual revenue.
In January 2019, they appeared on season 10 of Shark Tank USA. And made a deal with Sara Blakely, for $350,000 for 25% of equity. The final valuation was $1.4 million, same as the founder’s initial estimate of $1.4 million.
Sonnet James is still in business in 2023. They sell machine-washable dresses that are designed to be comfortable and stylish for women of all ages. Select your dress from their official website.
Sonnet James Net Worth
Net worth | $4.5 million (2023) |
Annual Sales Revenue | $6 million (2022) |
Profits | Not publicly available |
Lifetime sales | Not publicly available |
Investor | Sara Blakely |
Founder | Whitney Lundeen |
Employees | 10 employees |
Sonnet James Net Worth Timeline
Net Worth 2023 | $4.5 million |
Net Worth 2022 | $4.5 million |
Net worth valuation 2019 after appearing on Shark Tank | $1.4 million |
Net worth valuation 2019 before appearing on Shark Tank | $1.4 million |
Sonnet James Pitch on Shark Tank
Company name | Sonnet James |
Product | Women’s Clothing |
Episode | Season 10 Episode 11 |
Founder | Whitney Lundeen |
Asked for | $350,000 for 25% equity |
Final deal | $350,000 for 25% equity |
Shark | Sara Blakely |
Location | California, USA |
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Sonnet James Founder
Whitney Lundeen found Sonnet James in 2013. Whitney Lundeen is the founder and CEO of Sonnet James, a clothing company that sells machine-washable dresses. Those are designed to be comfortable and stylish for women of all ages. Sonnet James’s founder, Whitney Lundeen, has a net worth of $4.5 million as of 2023.
Key accomplishments:
Year | Accomplishment |
2019 | Appeared on Shark Tank season 10 and Sara Blakely invested $350,000 for 25% equity |
2021 | Continued to grow and expand its product line. |
2023 | Celebrated its 10-year anniversary and continues to be a popular choice for women who are looking for stylish and practical clothing. |
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 Sonnet James and its continued success.