SORSOAP Net Worth 2024 Update (Before & After Shark Tank)
SORSOAP’s net worth is $5 million as of May 2024. The company’s annual revenue has not been disclosed. By the time of the pitch, they had $125,000 in lifetime sales. SORSOAP, a muscle recovery soap, was created by David Restiano, and Dr. Dan Staats in 2019.
In April 2024, they appeared on season 15 of Shark Tank USA and made a deal with Mark Cuban, for $100,000 for 20% equity. The final valuation was $500,000, down from the founder’s initial estimate of $1 million.
With the airing of their episode company experienced a significant boost in sales. As of 2024, the company is actively running its business. You can purchase these muscle recovery soaps through the company website or Amazon.
SORSOAP Net Worth
Net worth | $5 million |
Annual Sales Revenue | Not available |
Profits | Not available |
Lifetime sales | $125,000 (2024) |
Investor | Mark Cuban |
Investment | $100,000 for 20% equity |
Founders | David Restiano, and Dr. Dan Staats |
Employees | <10 |
SORSOAP Net Worth Timeline
Net Worth 2024 | $5 million |
Net worth valuation in 2024 after appearing on Shark Tank | $500,000 |
Net worth valuation in 2024 before appearing on Shark Tank | $1 million |
SORSOAP Pitch on Shark Tank
Product | A muscle recovery soap |
Episode | Season 15 Episode 20 |
Company name | SORSOAP |
Founders | David Restiano, and Dr. Dan Staats |
Asked for | $100,000 for 10% equity |
Final deal | $100,000 for 20% equity |
Shark | Mark Cuban |
Location | Mantoloking, New Jersey |
Don’t miss these products from Season 15
SORSOAP Founders
David Restiano and Dr. Dan Staats founded SORSOAP in 2019. Dan is a Doctor of Physical Therapy, and David is his friend and business partner. The duo wanted to merge their professional expertise with their passion for fitness and start their own business. SORSOAP’s founders David Restiano and Dr. Dan Staats’ net worth is unknown as of 2024. However, based on the deal, they should have an approximate net worth of $400,000.
Key accomplishments
Year | Accomplishment |
2024 | The company was featured on Shark Tank USA and secured a deal. The company currently offers a wide range of products. |
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 SORSOAP and its continued success.
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