Technology Enabled Clothing (TEC), now known as SCOTTeVEST was founded by Scott Jordan to integrate wearable technology with clothing. After appearing on Shark Tank, the company gained significant attention, but Scott rejected a deal.
Despite this, TEC leveraged the publicity to drive sales and innovation. TEC products allow to carry and protect gadgets, providing a niche for tech-savvy consumers. As of 2024, TEC’s estimated net worth is $3 million.
While it hasn’t been acquired or crowdfunded, the business remains operational and continues to expand its product line, including partnerships with major brands like Scottevest, enhancing its market presence.
Technology Enabled Clothing Net Worth
| Net worth | $3 million (2024) |
| Annual Sales Revenue | $3 million (2024) |
| Profits | Not available |
| Lifetime sales | $12 million (2012) |
| Investor | None |
| Investment | None |
| Founder | Scott Jordan |
| Employees | 11-50 |
Technology Enabled Clothing Pitch on Shark Tank
| Product | A clothing brand designed to carry portable electronics |
| Episode | Season 03 Episode 07 |
| Company name | Technology Enabled Clothing (TEC) |
| Founder | Scott Jordan |
| Asked for | $500,000 for 15% equity |
| Final deal | No deal |
| Shark / Sharks | No shark |
| Location | Ketchum, Idaho |
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Technology Enabled Clothing Founder
Scott Jordan founded Technology Enabled Clothing in 2012. Scott has an educational background in business as well as law. He is a talented and well-experienced entrepreneur. He is also the CEO of the children’s book series, YAY Margaux! Technology Enabled Clothing’s founder Scott Jordan has a net worth of $65 million as of 2024.
Key accomplishments
| Year | Accomplishment |
| 2012 | The company was featured in Shark Tank USA. |
| 2012-2024 | The company was featured on several media platforms, including Forbes, Yahoo, the New York Times, The Washington Post, and Business Insider. The company now offers a wide range of products including vests, jackets, hoodies, shorts, and pants. |
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 Technology Enabled Clothing (TEC) and its continued success.