Mission Belt, founded by Nate Holzapfel, gained attention on Shark Tank in 2013, securing a $50,000 investment from Daymond John for 37.5% equity.
Known for its no-hole belts and focus on fighting poverty through microloans, the company has grown steadily since. As of 2024, Mission Belt is valued at approximately $25 million.
The business has expanded its product line and continues to thrive without any major acquisitions. The company’s success highlights its commitment to both fashion and philanthropy.
The Mission Belt Net Worth
| Estimated Net worth | $25 million (2024) |
| Annual Sales Revenue | $5 million (2024) |
| Lifetime sales | Not publicly available |
| Investor | Daymond John |
| Founder | Nate Holzapfel |
| Employees | Not publicly available |
The Mission Belt Pitch on Shark Tank
| Company name | The Mission Belt |
| Product | Easily adjustable notchless belt |
| Episode | Season 04 Episode 22 |
| Founder | Nate Holzapfel |
| Asked for | $50,000 for 20% Equity |
| Final deal | $50,000 for 38% Equity |
| Shark | Daymond John |
| Location | Orem, Utah |
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The Mission Belt Founder
The Mission Belt was founded by Nate Holzapfel in 2011. Nate Holzapfel was the CEO of the company and appeared on ABC’s Shark Tank in 2012 to pitch the business. He was able to negotiate a deal with fashion brand icon Daymond John. The Mission Belt’s founder, Nate Holzapfel, has a net worth of $25 million as of 2024.
Key accomplishments
| Year | Accomplishment |
| 2013 | Appeared on Shark Tank season 04 and Daymond John invested $50,000 for 38% equity. |
| 2014 | Mission Belt expands its distribution to include major retailers such as Nordstrom and Macy’s. |
| 2021 | Mission Belt announces that it has sold over 1 million belts. |
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 The Mission Belt and its continued success.
