Matador Meggings Shark Tank Update (Season 15)

Matador Meggings is a brand that specializes in men’s leggings, offering a range of products including leggings, shorts, biking gear, and tops. These leggings are not only comfortable but also ideal for various activities like cycling, biking, and hiking.

Each pair comes with features such as a modesty panel, phone pocket, t-shirt loop, zipper pocket, and inner drawstring, providing an all-in-one solution for active men. The average price for a pair of meggings is $90, and they are available for purchase on the official website.

Company NameMatador Meggings
FounderValentine Aseyov
Founded2019
ProductCollection of leggings for men
Asked For$250k for 10% equity
Final DealNo Deals
SharkNo Sharks
Episode (Shark Tank USA)S15 E2
Air DateOct 6, 2023
Business StatusIn Business
WebsiteVisit Website
HeadquartersMiami, Florida, USA
Lifetime Worth (Sales)$2.4M *estimated
Buy and WatchBuy NowAmazon Prime

Another Shark Tank Pitch

Who Is The Founder Of Matador Meggings?

Valentine Aseyov is the founder and CEO of Matador Meggings Company, which he established in 2019.

Having studied management at Boston University, Aseyov gained seven years of experience working in the marketing department at Facebook. Following his tenure there, he launched Matador Meggings after operating Valentine Aseyo Consultancy for several years.

How Was The Shark Tank Pitch Of Matador Meggings?

After entering the Shark Tank, Valentine Aseyov asked the sharks for $250k in exchange for a 10% equity stake. Valentine delivered a captivating presentation. As of May 2023, the company has generated total sales of $2 million.

The business achieved sales of $365,000 in its first year and $800,000 in the second year. Sales for 2022 amounted to $620,000, with projections indicating that this year’s sales will reach $1 million. The cost of producing meggings is $18, while the retail price is $92.

As of now, Matador Meggings has generated $200k in sales for 2023, with 97% of total sales coming directly from consumers. Despite this success, all the Sharks declined to invest in Matador Meggings.

Matador Meggings Shark Tank Update

Recently, the brand introduced a new style of reverse blue camo meggings, priced at $91.90.

Matador Meggings didn’t secure a deal on Shark Tank. Currently, there isn’t much information available about the brand. If any updates become available, we’ll post them here.

What Is Matador Meggings Net Worth?

Matador Meggings is estimated to be worth $5 million based on the company’s lifetime sales and valuation.

Annual Revenue by Years

Note: This report is based on our research and data so far. In this, we are only estimating the annual revenue.

YearsAnnual Revenue
2023$650k *estimated
2022$620k *estimated
2021$800k *estimated
2020$365k *estimated

Funding Reports to Date!

YearsFunding AmountInvestor
N/AN/AN/A

The retail apparel and fashion company is based in Miami, Florida, United States, with a staff of 2-10 employees.

Subscribe
Notify of
guest
0 Comments
Inline Feedbacks
View all comments
0
Would love your thoughts, please comment.x
()
x