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 Name | Matador Meggings | |
Founder | Valentine Aseyov | |
Founded | 2019 | |
Product | Collection of leggings for men | |
Asked For | $250k for 10% equity | |
Final Deal | No Deals | |
Shark | No Sharks | |
Episode (Shark Tank USA) | S15 E2 | |
Air Date | Oct 6, 2023 | |
Business Status | In Business | |
Website | Visit Website | |
Headquarters | Miami, Florida, USA | |
Lifetime Worth (Sales) | $2.4M *estimated | |
Buy and Watch | Buy Now | Amazon 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.
Years | Annual Revenue |
2023 | $650k *estimated |
2022 | $620k *estimated |
2021 | $800k *estimated |
2020 | $365k *estimated |
Funding Reports to Date!
Years | Funding Amount | Investor |
N/A | N/A | N/A |
The retail apparel and fashion company is based in Miami, Florida, United States, with a staff of 2-10 employees.