Paskho Net Worth 2024 Shark Tank Update 

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Paskho Net Worth 2024 Shark Tank Update 

Paskho’s net worth is $10 million as of February 2024. The company generates over $5 million in annual sales. In February 2021, they appeared on Season 13 of Shark Tank USA, seeking $500,000 for 2.5% of equity, valuing the company at $20 million. 

Sharks liked the idea behind Paskho. However, they had concerns with regard to business operations and finances. Therefore, they decided not to invest. Regardless of not winning a deal, the company witnessed significant growth following their appearance on the show. Shark Tank gave more exposure to Paskho. Since Shark Tank, the company has kept expanding its business. You can buy their products through the company website and Amazon.

Read what happened to Paskho worth and net worth update in brief here. 

Paskho Net Worth 

Net worth$10 million (2024)
Annual Sales Revenue$5 million (2024)
ProfitsNot disclosed
Lifetime sales$15 million
InvestorsNone
FounderPatrick Robinson
Employees11-50

As of February 2024, Paskho’s net worth is $10 million.

Paskho sales and revenue 

Paskho had a notable boost in its sales after Shark Tank.  Currently, the company generates above $5 million in annual revenue. In 2019, the company had sales of $6.7 million; in 2024, they project $15 million in lifetime sales. After the show, the company came into a partnership with the Souls Grown Deep Foundation to promote ethical fashion brands. Paskho is now recognized as a sustainable brand in the fashion industry. 

Net worth timeline

Net Worth 2024$10 million
Net Worth 2023$7 million
Net worth valuation in 2021 before appearing on Shark Tank$20 million (Business valuation)

Competitors of the Paskho

Paskho is growing in the market as an ethical and sustainable apparel brand, and the company has several competitors. Some of the top competitors of the company are Clothes for Giants, Susuo Home, Fabletics, and Lululemon US. 

Don’t miss these product from Season 13

Paskho Shark Tank Update

Company namePaskho
ProductAn eco-friendly, sustainable clothing brand
EpisodeSeason 13 Episode 01
FounderPatrick Robinson
Asked for$500,000 for 2.5%  equity
Final dealNo deal
SharkNo shark
LocationNew York

Following the pitch, Paskho worked on expanding their market and enhancing business operations. Through building partnerships, they could reach a wider customer base. The company works closely with communities, providing employment opportunities. Thus, it keeps growing as a business with a good purpose.  

About Paskho 

Paskho is a unique apparel brand. This company is dedicated to making clothes that are eco-friendly and sustainable. However, they design clothes focusing on the impacts of racial and social inequality in the United States. The company works closely with underserved communities providing them a chance to become employed. Paskho keeps growing its business, advocating to diminish racial inequality and promoting sustainable fashion. As mentioned in the company’s Instagram profile, “Clothes Made Like They Matter.”

Paskho Founder 

Patrick Robinson, the founder of Paskho, always had a keen passion for designing and the textile industry. He enrolled at Parsons School of Design to professionally develop his interests. After finishing his academics, Patrick worked in several companies as a designer as well as a creative Director. He has worked with a number of popular fashion designers, such as  Giorgio Armani, Anne Klein, Perry Ellis, and Paco Rabanne. Patrick, today, is a celebrated fashion designer with experience in the industry for over two decades. 

FAQs

What is the annual revenue of the company? 

The company generates over $5 million in annual revenue. 

What is the net worth of the company?

As of 2024, the company’s net worth is $10 million.

How were the after shark tank sales of the company?

In 2019, the company had sales of $6.7 million; in 2024, they project $15 million in lifetime sales.

Did the company win a deal from Shark Tank?

No, the company did not win a deal.

Is Paskho still in business?

Yes, it is active in business.