The Sleep Styler, Plush rollers for straightening and curling hair, was started by Tara Brown in December 2016. The actual net worth of the company is unknown. But The Sleep Styler’s net worth should be over $130 million as of 2023. The company’s lifetime revenue was $150 Million in June 2021. And they are pulling in a whopping $25-$30 Million in annual revenue.
In March 2017, they appeared on season 8th of Shark Tank USA. And made a deal with Lori Greiner, for $75,000 for 25% of equity. The final valuation was $300,000, down from the founder’s initial estimate of $375,000.
The Sleep Styler Net Worth
|Net worth||> $130 million|
|Annual Sales Revenue||$25-$30 Million|
|Lifetime sales||$150 million (June 2021)|
|Shark Tank Investor||Lori Greiner|
|Employees||< 25 employees|
The Sleep Styler Net Worth Timeline
|Net Worth 2023||> $130 million|
|Net Worth 2022||$130 million|
|Net worth valuation 2017 after appearing on Shark Tank||$300,000|
|Net worth valuation 2017 before appearing on Shark Tank||$375,000|
The Sleep Styler Pitch on Shark Tank
|Company name||The Sleep Styler|
|Product||Plush rollers for straightening and curling hair|
|Episode||Season 8 Episode 19|
|Asked for||$75,000 for 20% equity|
|Final deal||$75,000 for 25% equity|
|Shark / Sharks||Lori Greiner|
The Sleep Styler Founder
The Sleep Styler was founded by Tara Brown in 2016. Tara Brown is a mother of two. And she got this innovative idea when she braided her daughter’s wet hair before bed and found that it had beautiful waves in the morning. The Sleep Styler’s founder, Tara Brown, has a net worth of $80 Million USD as of 2023.
|2017||Appeared on Shark Tank season 8 and Lori Greiner invested $75,000 for 25% equity.|
|2020||Launched a line of hair care products.|
|2022||Partnered with walmart|
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 Sleep Styler and its continued success.