Your Closet Net Worth 2024 Update (Before & After Shark Tank)

Your Closet, a smart fashion app, was started by Briella Brown on Jan 1, 2015. As of January 2024, Your Closet net worth is $2 million and they’re pulling in a whopping $420K in annual revenue.

In 2016 May, they appeared on season 02 of Shark Tank USA and made a deal with Naomi Simson and Janine Allis, $80,000 for 40% of equity. The final valuation was $200K, down from the founder’s initial estimate of $400K.

As of January 2024, the company continues to operate successfully. Their app is available on both the Google Play Store and Apple Store.

Your Closet Net Worth

Net worth$2 million
Annual Sales Revenue$420K
Profits
Lifetime sales
InvestorsNaomi Simson and Janine Allis
FounderBriella Brown
Employees1-25 employees

Your Closet Net Worth Timeline

Net Worth 2024$2 million
Net Worth 2023$2 million
Net Worth 2022$1.5 million
Net worth valuation 2016 after appearing on Shark Tank  $200K
Net worth valuation 2016 before appearing on Shark Tank  $400K

Your Closet Pitch on Shark Tank

Company nameYour Closet
ProductYour Closet is a feature packed Closet Organizer & Smart Fashion App for Android
EpisodeSeason 02 Episode 07
FounderBriella Brown
Asked for$80,000 for 20% of equity
Final deal$80,000 for 40% of equity
SharksNaomi Simson and Janine Allis
LocationNew South Wales, Australia

Don’t miss these product from Season 02

Your Closet Founder

Your Closet was founded by Briella Brown in 2015. Briella Brown, a young entrepreneur from Sydney, Australia, holds a Media degree from the University of New South Wales. During her college years, she contributed to fashion at Dalliance Magazine and UNSW Blitz Magazine, gaining valuable experience in fashion and marketing early in her career, which later proved beneficial. Your Closet’s founder Briella Brown has a net worth of 2 Million USD as of 2024.

Key accomplishments

YearAccomplishment
2016The company appeared on Shark Tank Season 02 and got the deal from Naomi Simson and Janine Allis.

The company was making $35,000 in revenue every month when she went on Shark Tank.
2017
By June 2017, they had loaned out dresses valued at $8 million, bringing in approximately $420K in 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 Your Closet and its continued success.

Also if you want to read further details about Your Closet, Read here : Briella Brown & Your Closet what happened after Shark Tank?