Umano, an apparel company, was started by Jonathan Torrey and Alex Torrey on Sep 7, 2012. Umano’s net worth was $750K in 2015 based on the Shark Tank deal.
In November 2015 they appeared on Season 07 of Shark Tank USA and made a deal with Lori Greiner and Mark Cuban, $150,000 for 20% equity .
In March 2017, they chose to close the brand. Nevertheless, you can still buy their products on their website.
Umano Net Worth
| Net worth | $750K (When appeared on Shark Tank Show) |
| Annual Sales Revenue | – |
| Profits | – |
| Lifetime sales | – |
| Investors | Lori Greiner and Mark Cuban |
| Founders | Jonathan Torrey and Alex Torrey |
| Employees | – |
Umano Net Worth Timeline
| Net Worth 2023 | Out of Business |
| Net worth valuation 2015 after appearing on Shark Tank | $750K |
| Net worth valuation 2015 before appearing on Shark Tank | $1 million |
Umano Pitch on Shark Tank
| Company name | Umano |
| Product | Apparel company featuring children’s artwork |
| Episode | Season 07 Episode 09 |
| Founders | Jonathan Torrey and Alex Torrey |
| Asked for | $150,000 for 15% Equity |
| Final deal | $150,000 for 20% Equity |
| Sharks | Lori Greiner and Mark Cuban |
| Location | San Francisco, USA |
Don’t miss these product from Season 07
Umano Founders
Umano was founded by Jonathan Torrey and Alex Torrey in 2012. Two brothers started the fashion brand Umano in Athens. Alex completed his studies at the University of Georgia, Terry College of Business. They are the social entrepreneurs behind Umano. Umano’s founders, Jonathan Torrey and Alex Torrey, have a net worth of unknown as of 2023.
Key accomplishments
| Year | Accomplishment |
| 2015 | The company appeared on Shark Tank Season 07 and got the deal from Lori Greiner and Mark Cuban |
| 2012 | They managed to collect more than $30,000 through their Kickstarter campaign |
Conclusion
Some companies that appear on the show have not achieved great success, and the Umano 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, Umano went out of business in 2017. And the product is no longer available in the market.