RomperJack Shark Tank Update (Season 13)

RomperJack is a men’s romper company that specializes in designing jumpsuits for men at an affordable price range. The company utilizes high-quality fabrics and premium materials to create its rompers and jumpsuits.

In addition to rompers, RomperJack also sells swimwear and hats. The original rompers are made from 98% cotton and 2% spandex, while the printed rompers consist of 100% polyester. The Hawaiian rompers are crafted from the same blend of 98% cotton and 2% spandex.

The brand ships its products within the United States and to 20 countries internationally. Rompers are priced between $60 and $70, while jumpsuits range from $80 to $100.

Company NameRomperJack
FounderJustin Clark, Wyatt Thompson and one more
Founded2017
ProductAffordable men’s Romper company
Asked For$200k for 5% Equity
Final DealNo Deal
SharkNo Shark
Episode (Shark Tank USA)S13 E11
Air DateJan 14, 2022
Business StatusIn Business
WebsiteVisit Website
HeadquartersLos Angeles, California, United States
Lifetime Worth (Sales)$4.3M *estimated
Go To AmazonBuy Now
Watch OnAmazon Prime

 Another Shark Tank Pitch

Who Is The Founder Of RomperJack?

RomperJack was co-founded by Justin Clark, Wyatt Thompson, and another partner in 2017.

Justin Clark

Justin is a co-founder of several companies, including UVO Health, RomperJack, Whiz Tutor, Iuvo Technologies LLC, and Xirsys.

He began his entrepreneurial journey in 2015 by developing the Whiz Tutor platform, an application that allows students and parents to search for nearby tutors. Justin holds a Bachelor of Science degree in Public Health Education and Promotion from California State University, Northridge.

Wyatt Thompson

Wyatt Thompson is also a co-founder of RomperJack. He studied Entrepreneurship and Sociology at the University of California, Los Angeles.

Wyatt has extensive experience as a product manager, having worked at companies such as Dollar Shave Club and Tesla. In January 2022, he joined Nectar Allergy.

How Was The Shark Tank Pitch Of RomperJack?

Justin and Wyatt entered Shark Tank seeking $200,000 for 5% equity in their RomperJack brand. They uniquely presented their company to the sharks.

Daymond John expressed concerns about the $4 million valuation, noting that Justin reported sales of $3.7 million over the last four years, with $1.1 million generated in the past 12 months.

All sales have been made online through their website, primarily targeting LGBTQ consumers aged 25 to 45. Justin mentioned that multiple companies have recently entered this market category.

The customer return rate is estimated at 9%. Their navy-colored romper is priced at $79, while the floral design retails for $69.

Since launching in 2017, the business generated $200,000 in its first year, followed by $580,000 in 2018, $980,000 in 2019, and $1.1 million during the COVID-19 pandemic in 2020.

In 2021, they reached an estimated $1.5 million in sales year-to-date, and their cash flow is positive. Their profit in 2020 was $150,000, with an estimated profit of $350,000 for 2021.

Mark Cuban stated that clothing is not his area of interest, so he is out. Daymond John mentioned he wouldn’t be able to connect with their community, leading him to exit as well. Peter Jones indicated that the business needs more funding to grow, so he is out.

Lori Greiner expressed that this business isn’t right for her and opted out. Kevin O’Leary said he liked the product but didn’t love it, resulting in his exit.

Finalize: RomperJack didn’t get the deal on Shark Tank.

RomperJack Shark Tank Update

RomperJack did not secure a deal in Shark Tank; Peter Jones remarked that the business requires significant investment to grow into a major brand.

Currently, many brands are designing romper-style clothing, including Zara, Mr. Porter, Stella McCartney, MatchesFashion, J.Crew, and others. Additionally, the company has launched a new brand, JclarkDesigned, which sells felt stylist carrying cases and aprons.

The Shark Tank episode featuring RomperJack aired on January 14, 2022, resulting in a surge of website traffic from thousands of visitors after the episode aired.

As of mid-2021, the company had reported total sales of $3.7 million. However, as of January 2023, there has been no accurate information available regarding the company’s current status.

We will continue to follow Justin Clark and Wyatt Thompson for further updates on their company.

What Is RomperJack Net Worth?

RomperJack was valued at $4 million during its Shark Tank appearance. Currently, numerous brands are launching romper-style clothing for both men and women.

The company has also been featured in various media publications, including GQ, Esquire, and others.

Yes, RomperJack is still in business as of April 2024.

Leave a Reply

Your email address will not be published. Required fields are marked *