SpiritHoods

SpiritHoods, an animal inspired faux-fur hoodie, was started by Ashley Haber, Chase Hamilton, Marley Marotta and Alexander Mendeluk in 2013 . As of October 2023, SpiritHoods net worth is $5 million and they’re pulling in a whopping $3 million in annual revenue. 

In 2013 they appeared on season 5 of Shark Tank USA seeking $450,000 for 15% of equity valuing the company at $3 million. But the Sharks were not interested in investing in SpiritHoods. The product was too expensive and Some of the sharks felt that SpiritHoods products were not necessary and that they would not be popular with consumers.

SpiritHoods is still in business. It is a growing company with a strong brand presence. The company’s products are popular with people of all ages, and they are sold in a variety of retail stores and online. Now you can visit their official website for more details. 

SpiritHoods Net Worth

Net worth$5 million (2023)
Annual Sales Revenue$3 million (2023)
ProfitsNot publicly available
Lifetime salesNot publicly available
InvestorNone
FounderAshley Haber, Chase Hamilton, Marley Marotta and Alexander Mendeluk
Employees11 employees

SpiritHoods Net Worth Timeline

Net Worth 2023$5 million
Net Worth 2022$5 million
Net worth valuation 2013 after appearing on Shark Tank  $3 million
Net worth valuation 2013 before appearing on Shark Tank  $3 million

SpiritHoods Pitch on Shark Tank

Company nameSpiritHoods
ProductAnimal inspired faux-fur hoodies
EpisodeSeason 05 Episode 11
Founders Ashley Haber, Chase Hamilton, Marley Marotta and Alexander Mendeluk
Asked for$450,000 for 15% Equity
Final dealNone
Shark None
LocationLos Angeles, California

Don’t miss these product from Season 05

SpiritHoods Founders

Ashley Haber, Chase Hamilton, Marley Marotta and Alexander Mendeluk found SpiritHoods in 2013. Alexander Mendeluk is the Creative Director and Co-Founder of SpiritHoods. He has a background in fashion and design. And he is responsible for the overall look and feel of SpiritHoods products. Latif Hamilton is the CEO and Co-Founder of SpiritHoods. He has a background in business and marketing, and he is responsible for the company’s overall strategy and growth. SpiritHoods’s founders, have a net worth of $5 million as of 2023.

Key accomplishments

YearAccomplishment
2013Appeared on Shark Tank season 5
2016SpiritHoods launched its e-commerce website.
2020SpiritHoods launched its international distribution.

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 SpiritHoods and its continued success.

ABOUT KESARA BANDARAGODA
Kesara Bandaragoda is a Sri Lankan-born media entrepreneur currently based in Dubai, with a lifelong passion for storytelling, innovation, and all things screen-worthy. Whether it's a mind-bending sci-fi epic or the latest startup pitch on Shark Tank, Kesara is all in. In fact, he was one of the earliest content creators to cover Shark Tank Australia online and has been tracking its businesses, products, and founders since 2019 — long before it was cool.

Kesara is the visionary CEO behind BrandFactory, a digital media company powering multiple content platforms that reach millions. When he’s not leading a team of creatives, he’s often geeking out over Marvel and DC universes, decoding Spielberg's directorial magic, or revisiting classics like The Shawshank Redemption, Interstellar, and Pirates of the Caribbean (yes, he's a Johnny Depp loyalist).

INDUSTRY FOCUS
Kesara’s writing and content leadership often focus on the intersection of entrepreneurship, entertainment, and emerging digital cultures. He’s particularly passionate about telling stories that celebrate founders, dissect business blueprints from media narratives, and spark curiosity in audiences across the globe.

FAVORITE MEDIA
A sci-fi enthusiast with a taste for high-stakes storytelling, Kesara’s favorite titles range from cerebral time-space odysseys to charismatic pirate adventures. He thrives in content that mixes real-world business insight with the spectacle of entertainment — think Shark Tank meets Black Mirror, with a touch of Marvel heroics.

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