The Swag Net Worth 2024 Update (Before & After Shark Tank)

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

Net worthMore than $5 million (In 2019)
Annual Sales RevenueNot Disclosed
Profits
Lifetime sales
InvestorGlen Richards
FounderPeita Pini
Employees1-20 employees

The Swag Net Worth Timeline

Net Worth 2024Not Disclosed
Net Worth 2023Not Disclosed
Net Worth 2022Not Disclosed
Net Worth 2021Not Disclosed
Net worth valuation 2018 after appearing on Shark Tank  $600K
Net worth valuation 2018 before appearing on Shark Tank  $3 million

The Swag Pitch on Shark Tank

Company nameThe Swag
ProductA fridge bag that holds moisture to prevent fruit and vegetables from going off
EpisodeSeason 04 Episode 09
Founder Peita Pini
Asked for$300,000 for 10% Stake
Final deal$150,000 for 25% Stake
SharkGlen Richards
LocationChatswood, 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.

Key accomplishments

YearAccomplishment
2018The company appeared on Shark Tank Australia Season 04 and got the deal from Glen Richards.

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 Swag and its continued success.

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