Stryx was created by Jon Shanahan and Devir Kahan to fill the gap in men’s skincare and cosmetics. They pitched their idea on Shark Tank, securing a $600,000 deal with Robert Herjavec.
This appearance led to rapid growth, with Stryx now valued at $6 million and selling in over 2,000 stores like CVS and Target. Therefore, we wrote this article to explore how Stryx’s innovative products, such as pimple patches and concealers, are shaping the future of men’s grooming.
We’ll also discuss the brand’s expansion and what lies ahead
Stryx Net Worth
| Estimated Net worth | $6 million (2024) |
| Annual Sales Revenue | $6.4 million (2023) |
| Lifetime sales | $1.5 million (As of 2021) |
| Investor | Robert Herjavec |
| Founders | Devir Kahan and Jon Shanahan |
| Employees | 1-25 employees |
Stryx Pitch on Shark Tank
| Company name | Stryx |
| Product | Cosmetics and skincare for men |
| Episode | Season 13 Episode 23 |
| Founders | Devir Kahan and Jon Shanahan |
| Asked for | $600,000 for 5% equity |
| Final deal | $600,000 for 10% equity |
| Shark | Robert Herjavec |
| Location | New York Area, East Coast, Northeastern US |
Don’t miss these product from Season 12
Stryx Founders
Stryx was founded by Devir Kahan and Jon Shanahan in 2018. Devir is the founder, and Jon serves as the Chief Marketing Officer. Jon, with his excellent marketing knowledge, promoted the products on TikTok, making them an instant hit. Stryx’s founders, Devir Kahan and Jon Shanahan, have a net worth of 1.9 million USD as of 2024.
Key accomplishments
| Year | Accomplishment |
| 2021 | The company appeared on Shark Tank Season 13 and got the deal from Robert Herjavec. |
| 2020 | The company had a successful Kickstarter Campaign and raised $11,834 funding. |
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 Stryx and its continued success.
Also read:“TA3” Net worth Update (Before & After Shark Tank)