Supply-Shark-Tank-US-Net-worth-Update

Supply is a company making modern razors and grooming kits. This was started by Patrick and Jennifer Coddou in 2015. As of December 2023, Supply’s net worth is $20 million. They’re pulling in a whopping $12 million in annual revenue. 

In November 2019, they appeared on Season 11 of Shark Tank USA and made a deal with  Robert Herjavec for $300,000 for 15% of equity. The final valuation was $2 million, down from the founder’s initial estimate of $3 million.

Even though Supply came into a deal, it did not close after the show. Nevertheless, Supply had a significant growth in sales over the years. In 2022, Foundry Brands acquired Supply for an undisclosed amount. As of December 2023, Supply is available on the market under the acquired company. You can purchase the products via the company website, Amazon, and selected stores. 

Supply Net Worth

Net worth$20 million (2023)
Annual Sales Revenue$12 million (2023)
Profits
Lifetime sales$50 million *estimated (2023)
InvestorRobert Herjavec
FoundersPatrick and Jennifer Coddou
Employees<10

Supply Net Worth Timeline

Net Worth 2023$20 million
Net Worth 2022$12 million
Net worth valuation in 2019 after appearing on Shark Tank  $2 million
Net worth valuation in 2019 before appearing on Shark Tank  $3 million

Supply Pitch on Shark Tank

Company nameSupply
ProductA company making modern razors and grooming kits
EpisodeSeason 11 Episode 06
FoundersPatrick and Jennifer Coddou
Asked for$300,000 for 10% equity
Final deal$300,000 for 15% equity
SharkRobert Herjavec
LocationFort Worth, Texas

Don’t miss these products from Season 11

Supply Founders

Patrick and Jennifer Coddou founded Supply in 2015. Patrick holds a bachelor’s degree in Mechanical Engineering and a master’s in Business Administration. Jeniffer is a Sports Management graduate with previous experience as a teacher. Supply’s founders, Patrick and Jennifer Coddou have a net worth of 10 million USD as of 2023.

Key accomplishments

YearAccomplishment
2015Supply raised $78,278 from their Kickstarter campaign.
2019Supply 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 Supply and its continued success.

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