The Swilt, a snuggie-like fleece sweater and quilt hoodie, was started by Ivori Tennelle in 2005. The Swilt net worth was $85,714 at the time of their pitch in 2012 based on the $30,000 offer for an 35%of equity of the company.
They appeared on season 03 of Shark Tank USA in 2012. But the Sharks were not interested in investing in The Swilt. Ivori had only sold 100 Swilts at local flea markets. The sharks wanted to see more sales before they were willing to invest.
The Swilt is not in business as of 2023.
The Swilt Net Worth
| Net worth | $85,714 (2012) |
| Annual Sales Revenue | – |
| Profits | – |
| Lifetime sales | – |
| Investor | None |
| Founder | Ivori Tennelle |
| Employees | – |
The Swilt Net Worth Timeline
| Net Worth 2023 | – |
| Net Worth 2022 | – |
| Net worth valuation 2012 after appearing on Shark Tank | $85,714 |
| Net worth valuation 2012 before appearing on Shark Tank | $85,714 |
The Swilt Pitch on Shark Tank
| Product | Snuggi-like fleece sweater and quilt hoodie |
| Episode | Season 03 Episode 04 |
| Founder | Ivori Tennelle |
| Asked for | $30,000 for 35% Equity |
| Company name | The Swilt |
| Final deal | None |
| Shark | None |
| Location | USA |
Don’t miss these product from Season 03
The Swilt Founder
The Swilt was founded by Ivori Tennelle in 2005. The networth of The Swilt’s founder, Ivori Tennelle, is unknown as of 2023.
Key accomplishments
| Year | Accomplishment |
| 2012 | Appeared on Shark Tank Season 03 |
Conclusion
Some companies that appear on the show have not achieved great success, and The Swilt was one of them. Sometimes businesses don’t succeed because of many reasons. Sometimes, the deal falls through after the founders say yes on camera. Or, as you’ll see, sometimes things happen to the founders themselves, and they choose to abandon the business. Anything is possible. However, The Swilt went out of business in 2021. And the product is no longer available in the market.
