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Spergo Net Worth 2023 Update (Before & After Shark Tank)

Spergo is a unisex luxury designerwear line. This was started by Trey Brown in 2018. As of December 2023, Spergo’s net worth is $2 million. They were pulling in a whopping $2.5 million in annual revenue by time of the pitch.

In October 2021, they appeared on season 13 of Shark Tank USA and made a deal with Daymond John for $300,000 for 20% of equity. The final valuation was $1.5 million, down from the founder’s initial estimate of $3 million.

The pitch on Shark Tank helped Spergo to boost its popularity as well as sales. As of December 2023, Spergo is actively running business. Spergo has its store located at the Pentagon City Mall in Arlington. Products are also available for purchase at Spergo’s website.

Spergo Net Worth

Net worth$2 million (2023)
Annual Sales Revenue$2.5 million (2021)
Profits
Lifetime sales$1.8 million (2021)
InvestorDaymond John
FounderTrey Brown
Employees<25

Spergo Net Worth Timeline

Net Worth 2023$2 million
Net Worth 2022$2 million
Net worth valuation in 2021 after appearing on Shark Tank  $1.5 million
Net worth valuation in 2021 before appearing on Shark Tank  $3 million

Spergo Pitch on Shark Tank

Company nameSpergo
ProductA unisex luxury designerwear line
EpisodeSeason 13 Episode 05
FounderTrey Brown
Asked for$300,000 for 10% equity
Final deal$300,000 for 20% equity
SharkDaymond John
LocationPhiladelphia, Pennsylvania

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Spergo Founder

Trey Brown founded Spergo in 2018. Trey was only 16 years old when he initially started his own clothing line. He had a born talent for designing and a great passion for serving his community as a person of color. Spergo is a result of Trey’s passion and dedication. Spergo’s founder Trey Brown has a net worth of 2 million as of 2023.

Key accomplishments

YearAccomplishment
2020Spergo received a $25,000 grant and the physical store of Spergo was opened by that money.
2021Spergo was featured on Shark Tank and secured a deal.

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 Spergo and its continued success.

What do you think?

Written by GAG Team

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