Dapper Boi is a gender-neutral clothing line brand that creates clothing for every body shape. This brand claims that people become confident about their personality with this product.
Vicky and Charisse Pasche, the founders of this company, are both a couple. Vicky likes clothes from the men’s section and tried to buy clothes for her body shape, but could not find clothes of her size.
Vicky and Charisse did a lot of research on gender-neutral clothes but didn’t get much results, so in 2015 Dapper Boi was born.
They started this company with a Kickstarter campaign and raised $26,364 from 223 backers.
Following the success of their Kickstarter campaign, they raised $282,414 on April 30, 2020 from the StartEngine platform at a $6 million valuation. Total 564 investors had invested in this company on this platform.
The co-founder and COO of this company is Charisse Pasche, who used to be an adjunct instructor at Ashford University.
Vicky Pasche is the co-founder and CEO of this company, she is the president of a marketing company named Pasche Management.
The brand crossed $1 million in sales in 2019 and has a retail profit margin of around 75%-85%.
Both these couples appeared in Shark Tank Season 14 Episode 20 and asked the sharks for $250,000 for 5% equity at $5 Million Valuation. This startup started its journey with equity crowdfunding, selling Androgynous jeans.
What Is Dapper Boi?
Dapper Boi San Diego Base is a gender-neutral clothing line company that aims to make people feel comfortable and confident with their clothes.
This company has told on its website that their products are affordable as well as stylish and gives a better outlook to any person.
This brand makes and sells jeans, joggers, T-shirts, jackets etc. in all sizes. A jean is available in sizes 26-52 and a jacket is available up to 4XL.
The average cost of of jeans is $119 and a jacket is $95. The products of these clothing lines can be purchased from the official website.
|Charisse Pasche and Vicky Pasche
|gender-neutral, everyday clothing line for androgynous
|$250k for 5% equity
|Episode (Shark Tank USA)
|April 14, 2023
|San Diego, California, United States
|Lifetime Worth (Sales)
|Go To Amazon
Another Shark Tank Pitch
How Was The Shark Tank Pitch Of Dapper Boi?
After both Charisse and Vicky enter Shark Tank, they ask the sharks for $250k for 5% equity. They did a very good presentation. Both of them told Shark the reason why they had started this business.
This brand sells clothes in the direct to customer method, using social media platforms and influencer marketing to attract customers.
Lifetime sales so far in the last 7 years is $3.5 million, the brand is bootstrapped now and last year was $1.2 million. The return customer of this brand is 51% in the present time.
They currently have $100 cash in the bank, which is too little to run a business. Vicky said that they have sold their house at this point. This year they have lost an amount of $150,000.
Lori Greiner said that she does not know how she can add value to this business. All the sharks refused by giving the reason of not investing in this business.
Finalize: Dapper Boi didn’t get the deal in Shark Tank.
What Happened To Dapper Boi After Shark Tank?
Dapper Boi did not get funding in Shark Tank, but got a benefit, this business was promoted for free on National Television.
A few days before this episode of Shark Tank aired, they launched their shopping app. They have also done many podcasts and media interviews, this information was shared by the founder on @dapperboi Instagram account.
What’s new on Dapper Boi!
Charisse and Vicky announced on Instagram on April 15, 2023, after Shark Tank, that Kelly Ann Winget has become an investor in Dapper Boi.
A new documentary series is coming on YouTube channel “She Angels Series“, in this series their funding journey will be featured.
Dapper Boi Shark Tank Update
After entering the shark tank, co-founders Charisse and Vicky explained their business idea to the sharks. Many things were discussed between the CO-founder and the shark, such as about revenue, scope etc.
We’re following Charisse Pasche and Vicky Pasche along with their company for further updates.
What is The Net Worth of Dapper Boi?
The current worth of Dapper Boi is estimated at $5 million. This company was launched in 2015 to solve the gender-neutral clothing line problem. The gender-neutral clothing industry is huge, with some media websites estimating that the industry will reach USD 3.2 billion by 2028.
There is a huge opportunity for this brand to expand its business in the United States. However, there are also many brands that are making unisex cloth lines.
Is Dapper Boi Still In Business?
This company has been running since 2015, the co-founder is trying to expand this company in the United States.
The brand has been featured in several media publications including Forbes, Nymag, Entrepreneur and many more.
The current headquarter of this company is in San Diego, California, United States and it employs 5-10 people according to LinkedIn.
Yes, Dapper Boi is still in business as of May 2023.