Squid Socks is a baby socks brand for infants founded by Gabe Miller and Jessica Miller in 2015. As of September 2023, Squid Socks’s net worth is $3 million. The company is also pulling in a whopping $3 million in annual revenue.
In 2019, they appeared on Season 11 of Shark Tank USA. Squid Socks made a deal with Daymond John for $125,000 for 33%of equity. The final valuation was $3.78 million, down from the founder’s initial estimate of $6.25 million.
As of September 2023, Squid Socks is actively running its operations. You can purchase their products via the company website, Amazon, and several stores across the US.
Squid Socks Net Worth
| Net worth | $3 million 2023 |
| Annual Sales Revenue | $3 million estimated* (2023) |
| Profits | – |
| Lifetime sales | – |
| Investor | Daymond John |
| Founder | Gabe Miller and Jessica Miller |
| Employees | 10 – 25 |
Squid Socks Net Worth Timeline
| Net Worth 2023 | $3 million |
| Net Worth 2022 | $3 million |
| Net Worth 2021 | – |
| Net Worth 2020 | – |
| Net worth valuation 2019 after appearing on Shark Tank | $3.78 million |
| Net worth valuation 2019 before appearing on Shark Tank | $6.25 million |
Squid Socks Pitch on Shark Tank
| Company name | Squid Socks |
| Product | Baby socks for infants |
| Episode | Season 11 Episode 03 |
| Founders | Gabe Miller and Jessica Miller |
| Asked for | $125,000 for 20% Equity |
| Final deal | $125,000 for 33% Equity |
| Shark | Daymond John |
| Location | Everett, Washington |
Don’t miss these product from Season 11
Squid Socks Founders
Squid Socks was founded by Gabe Miller and Jessica Miller in 2015. Gabe got the initial idea for the product while on a trip to London. Gabe is an engineer by profession, and his wife Jessica is a business operations manager. Squid Socks’s founders, Gabe and Jessica Miller, have/ a net worth of 3 million USD as of 2023.
Key accomplishments:
| Year | Accomplishment |
| 2019 | Squid Socks appeared on Shark Tank |
| 2021 | Company achieved total sales of $40,000 over 16 months of business |
| 2023 | Company has 4.5 stars reviews on Amazon |
Conclusion
From their beginnings on Shark Tank to their current status as a thriving business, Squid Socks have proven that with the right idea and execution, anything is possible. We can’t wait to see the future for Squid Socks and its continued success.