Vanta Underwear’s net worth was $10 million at the time of their pitch in 2023 based on the $500,000 offer for a 5% equity of the company. Vanta Underwear is an underwear brand made with advanced Kanga Pouch Technology. Patrick Williams founded this in 2019.
They appeared on Season 5 of Shark Tank Australia in 2023. Jane Lu offered $500,000 for 20% equity, and once she gets her investment back, she will drop it to 10% equity. Robert Herjavec offered $500,000 for 15% equity. However, Patrick turned down both offers and left the show without a deal.
Despite not securing a deal, Shark Tank gave great exposure to Patrick’s company. As of March 2024, it is actively running business. Their products have positive customer reviews, and the company expanded the product line over time. While male underwear made with advanced Kanga Pouch Technology is their main product, they also now offer high-quality and comfortable female undergarments. Products are available for purchase on the company website.
Vanta Underwear Net Worth
| Net worth | $10 million (2023) |
| Annual Sales Revenue | $2.5 million (2022) |
| Profits | $300,000 |
| Lifetime sales | $18 million (2023) |
| Investor | None |
| Investment | None |
| Founder | Patrick Williams |
| Employees | – |
Vanta Underwear Net Worth Timeline
| Net Worth 2024 | Not available |
| Net worth valuation in 2023 before appearing on Shark Tank | $10 million (business valuation) |
Vanta Underwear Pitch on Shark Tank
| Product | An underwear brand made with advanced Kanga Pouch Technology |
| Episode | Season 5 Episode 01 |
| Founder | Patrick Williams |
| Asked for | $500,000 offer for a 5% equity |
| Company name | Vanta Underwear |
| Final deal | No deal |
| Shark | No shark |
| Location | Sydney |
Don’t miss these products from Season 5
Vanta Underwear Founder
Patrick Williams founded Vanta Underwear in 2019. Patrick is an ambitious and dedicated young entrepreneur. Before embarking on his entrepreneurial journey, Patrick worked as a delivery rider at Deliveroo. Vanta Underwear’s founder, Patrick Williams’s net worth is unknown as of 2024.
Key accomplishments
| Year | Accomplishment |
| 2023 | The company was featured on Shark Tank and made a deal. |
| 2024 | The product has 8000+ 5-star reviews. The product is available outside Australia, including New Zealand and Germany. |
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 Vanta Underwear and its continued success.
