Taaluma Totes, a tote sized back pack, was started by Jack DuFour and Alley Heffren on Oct 27, 2012. Taaluma Totes’s net worth was $733K at the time of their pitch in 2015 based on the $110,000 for 15% Equity of the company.
They appeared on Season 06 of Shark Tank USA in 2015. But the Sharks were not interested in investing in Taaluma Totes. The sharks had various reasons to decline. Robert thought it was too early, Mark felt they weren’t a full company yet, Lori had similar concerns, Daymond was impressed but not by their profits, and Kevin had valuation issues, so they all declined to invest.
As of October 2023, the company is still in business. You can purchase products on e-commerce channels such as their website and Amazon.
Taaluma Totes Net Worth
| Net worth | $15 million (2022) |
| Annual Sales Revenue | $3 million (2022) |
| Profits | – |
| Lifetime sales | – |
| Investor | None |
| Founders | Jack DuFour and Alley Heffren |
| Employees | 1-25 employees |
Taaluma Totes Net Worth Timeline
| Net Worth 2023 | Not Disclosed |
| Net Worth 2022 | $15 million |
| Net Worth 2021 | $14.5 million |
| Net Worth 2020 | $13 million |
| Net worth valuation 2013 before appearing on Shark Tank | $733K |
Taaluma Totes Pitch on Shark Tank
| Company name | Taaluma Totes |
| Product | Backpacks made from traditional fabrics and made by adults with disabilities |
| Episode | Season 06 Episode 20 |
| Founders | Jack DuFour and Alley Heffren |
| Asked for | $110,000 for 15% Equity |
| Final deal | No Deal |
| Shark | None |
| Location | Blacksburg, Virginia, United States |
Don’t miss these product from Season 06
Taaluma Totes Founders
Taaluma Totes was founded by Jack DuFour and Alley Heffren in 2012. During a service project in Uganda, they noticed vibrant clothing. This sparked the idea to connect these fabrics from worldwide to people in the US, leading to the creation of the Taaluma Tote. Taaluma Totes’s founders, Jack DuFour and Alley Heffren, have a net worth of 15 million USD as of 2023.
Key accomplishments
| Year | Accomplishment |
| 2015 | The company appeared on Shark Tank Season 06 |
| 2022 | Moving to November 2022, they’re still operating and making $3 million in yearly revenue |
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 Taaluma Totes and its continued success.