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) |
Investor | Daymond John |
Founder | Trey 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 name | Spergo |
Product | A unisex luxury designerwear line |
Episode | Season 13 Episode 05 |
Founder | Trey Brown |
Asked for | $300,000 for 10% equity |
Final deal | $300,000 for 20% equity |
Shark | Daymond John |
Location | Philadelphia, 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
Year | Accomplishment |
2020 | Spergo received a $25,000 grant and the physical store of Spergo was opened by that money. |
2021 | Spergo 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.