The Lapel Project, stick on lapels, was started by Sebastian Garcia and Raul Bernal in 2014. As of August 2023, The Lapel Project net worth is $2 million and they’re pulling in a whopping $5 million in annual revenue. 

In October 2016, they appeared on season 8 of Shark Tank USA and made a deal withMark Cuban, for $150,000 for 30% of equity. The final valuation was $500,000, down from the founder’s initial estimate of $750,000.

In 2023, The Lapel Project still appeared in the business world. After their appearance on Shark Tank, the company’s sales increased significantly. They now offer a variety of lapels, including custom lapels, and they ship worldwide. You also can order their products online. For that visit their official website

The Lapel Project Net Worth

Net worth$2 million (2023)
Annual Sales Revenue$5 million (2023)
ProfitsNot publicly available
Lifetime salesNot publicly available
InvestorMark Cuban
FounderSebastian Garcia and Raul Bernal
Employees25 employees

The Lapel Project Net Worth Timeline

Net Worth 2023$2 million
Net Worth 2022$2 million
Net worth valuation [Shark Tank appeared Year] after appearing on Shark Tank  $500,000
Net worth valuation [Shark Tank appeared Year] before appearing on Shark Tank  $750,000

The Lapel Project Pitch on Shark Tank

Company nameThe Lapel Project
ProductStick on lapels
EpisodeSeason 8 Episode 2
Founders Sebastian Garcia and Raul Bernal
Asked for$150,000 for 20% equity
Final deal$150,000 for 30% equity
Shark Mark Cuban 
LocationMiami, FL

The Lapel Project Founders

The Lapel Project was founded by Sebastian Garcia and Raul Bernal in 2014. Sebastian Garcia is the CEO and founder of The Lapel Project. He is a graduate of the University of Southern California and has a degree in business administration. Raul Bernal is the CTO and co-founder of The Lapel Project. He is a graduate of the Massachusetts Institute of Technology and has a degree in mechanical engineering. Sebastian Garcia and Raul Bernal’s founders, Sebastian Garcia and Raul Bernal, have a net worth of $1.4 million as of 2023.

Key accomplishments

2016 Appeared on Shark Tank season 8 and Mark Cuban invested $150,000 for 30% equity.
2017The Lapel Project was named one of the “Best New Products of the Year” by GQ magazine.
2021Expanded its operations to Europe and Asia.


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 The Lapel Project and its continued success.

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