The Swag, a fridge bag that holds moisture to prevent fruit and vegetables from going off, was started by Peita Pini in 2016. In 2019, The Swag net worth was more than $5 million and their annual revenue is not disclosed.
In July 2018, they appeared on season 4 of Shark Tank Australia and made a deal with Glen Richards, for $150,000 for 25% of equity. The final valuation was $600K, down from the founder’s initial estimate of $3 million.
As of 2024 January, the company is still in business. You can purchase products through e-commerce channels such as their website and Amazon.
The Swag Net Worth
|More than $5 million (In 2019)
|Annual Sales Revenue
The Swag Net Worth Timeline
|Net Worth 2024
|Net Worth 2023
|Net Worth 2022
|Net Worth 2021
|Net worth valuation 2018 after appearing on Shark Tank
|Net worth valuation 2018 before appearing on Shark Tank
The Swag Pitch on Shark Tank
|A fridge bag that holds moisture to prevent fruit and vegetables from going off
|Season 04 Episode 09
|$300,000 for 10% Stake
|$150,000 for 25% Stake
|Chatswood, New South Wales, Australia
Don’t miss these product from Season 04
The Swag Founder
The Swag was founded by Peita Pini in 2016. She was raised on a large piece of land north of Sydney, Australia, surrounded by nature. Her family mostly relied on the land, so she adopted a strong commitment to sustainability and minimizing food waste from a young age. The Swag’s founder, Peita Pini’s net worth unknown as of 2024.
|The company appeared on Shark Tank Australia Season 04 and got the deal from Glen Richards.
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 Swag and its continued success.