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) |
Investor | Robert Herjavec |
Founders | Patrick 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 name | Supply |
Product | A company making modern razors and grooming kits |
Episode | Season 11 Episode 06 |
Founders | Patrick and Jennifer Coddou |
Asked for | $300,000 for 10% equity |
Final deal | $300,000 for 15% equity |
Shark | Robert Herjavec |
Location | Fort 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
Year | Accomplishment |
2015 | Supply raised $78,278 from their Kickstarter campaign. |
2019 | Supply 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.