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Umano Net Worth 2023 Update (Before & After Shark Tank)

Shark-Tank-US-Net-worth-UpdateUmano

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
InvestorsLori Greiner and Mark Cuban
FoundersJonathan Torrey and Alex Torrey
Employees

Umano Net Worth Timeline

Net Worth 2023Out 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 nameUmano
ProductApparel company featuring children’s artwork
EpisodeSeason 07 Episode 09
Founders Jonathan Torrey and Alex Torrey
Asked for$150,000 for 15% Equity
Final deal$150,000 for 20% Equity 
SharksLori Greiner and Mark Cuban
LocationSan 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

YearAccomplishment
2015The company appeared on Shark Tank Season 07 and got the deal from Lori Greiner and Mark Cuban
2012They 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.

What do you think?

Written by GAG Team

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