Unshrinkit, a liquid product, was started by Nate Barbera and Desiree Davis Stolar in 2014. As of November 2023, Unshrinkit’s net worth is $2 million and they’re pulling in a whopping $1.5 million in annual revenue.
In November 2015, they appeared on Season 07 of Shark Tank USA and made a deal with Mark Cuban, $150,000 for 15% equity . The final valuation was $1 million, down from the founder’s initial estimate of $1.5 million.
The company was acquired by an “aggregator-operator group” in 2019 for an undisclosed amount. However, as of 2023 November, the company is still in business. You can purchase products on e-commerce channels such as their website and Amazon.
Unshrinkit Net Worth
| Net worth | $2 million |
| Annual Sales Revenue | $1.5 million |
| Profits | – |
| Lifetime sales | – |
| Investor | Mark Cuban |
| Founders | Nate Barbera and Desiree Davis Stolar |
| Employees | 25-100 employees |
Unshrinkit Net Worth Timeline
| Net Worth 2023 | $2 million |
| Net Worth 2022 | $2 million |
| Net Worth 2021 | $1.5 million |
| Net Worth 2020 | $1 million |
| Net worth valuation 2015 after appearing on Shark Tank | $1 million |
| Net worth valuation 2015 before appearing on Shark Tank | $1.5 million |
Unshrinkit Pitch on Shark Tank
| Company name | Unshrinkit |
| Product | Liquid solution that saves shrunken sweaters |
| Episode | Season 07 Episode 08 |
| Founders | Nate Barbera and Desiree Davis Stolar |
| Asked for | $150,000 for 10% equity |
| Final deal | $150,000 for 15% equity |
| Shark | Mark Cuban |
| Location | Cambridge, Massachusetts, USA |
Don’t miss these product from Season 07
Unshrinkit Founders
Unshrinkit was founded by Nate Barbera and Desiree Davis Stolar in 2014. Desiree Davis Stolar (Des) and Nate Barbera, both graduates of the University of Virginia and Harvard Business School in 2015, have spent most of their careers as research students. Unshrinkit’s founders, Nate Barbera and Desiree Davis Stolar, have a net worth of 1.8 million USD as of 2023.
Key accomplishments
| Year | Accomplishment |
| 2015 | The company appeared on Shark Tank Season 07 and got the deal from Mark Cuban |
| 2023 | As of November 2023, the company earned $2 million in annual revenue |
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 Unshrinkit and its continued success.
