The Mission Belt, an easily adjustable notchless belt, was started by Nate Holzapfel in 2011. As of October 2023, The Mission Belt net worth is $7 million. And they’re pulling in a whopping $5.4 million in annual revenue.
In April 2013, they appeared on season 4 of Shark Tank USA and made a deal with Daymond John, for $50,000 for 38% of equity. The final valuation was $131,579 down from the founder’s initial estimate of $250,000.
Mission Belt is still in business as of November 2023. The company has a website and social media presence, and its products are available for purchase on Amazon and other online retailers.
The Mission Belt Net Worth
| Net worth | $7 million (2023) |
| Annual Sales Revenue | $5.4 million (2023) |
| Profits | Not publicly available |
| Lifetime sales | Not publicly available |
| Investor | Daymond John |
| Founder | Nate Holzapfel |
| Employees | Not publicly available |
The Mission Belt Net Worth Timeline
| Net Worth 2023 | $7 million |
| Net Worth 2022 | $7 million |
| Net worth valuation 2013 after appearing on Shark Tank | $131,579 |
| Net worth valuation 2013 before appearing on Shark Tank | $250,000 |
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 |
Don’t miss these product from Season 04
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 $4.3 million as of 2023.
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.
