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

Shark-Tank-US-Net-worth-UpdateUnshrinkit

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
InvestorMark Cuban
FoundersNate Barbera and Desiree Davis Stolar
Employees25-100 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 nameUnshrinkit
ProductLiquid solution that saves shrunken sweaters
EpisodeSeason 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 
LocationCambridge, 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

YearAccomplishment
2015The company appeared on Shark Tank Season 07 and got the deal from Mark Cuban
2023As 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.