Monosuit Shark Tank Update (Season 15)

Monosuit is a fashion brand that designs stylish jumpsuits and other comfortable clothing lines. Three things are most important in Monosuit, the first is recycled yarn, circular design principles, and seamless look.

Their functional and futuristic design offers patented secret restroom-friendly zippers in the lower back that will make going to the bathroom easier.

This brand makes suits for men as well as women. Along with suits, dresses, tops, bottoms, and accessories are also available. This brand launches new designs every year. The price of a suit ranges from $290 to $600.

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Who Is The Founder Of Monosuit?

Maria Agapkina is the founder and Lead fashion designer of Monsuite Company. After working in law firm Ernst & Young for 15 years, he started her own company.

How Was The Shark Tank Pitch Of Monosuit?

After appearing on Shark Tank, Agapkina musically pitched her jumpsuit business and asked the sharks for $150,000 for 5% equity. The average retail cost of one suit is $290 and the making cost is approximately $60.

In 2022, sales of $245,000 were made without paid advertising. 70% of the sales of this company are of jumpsuits.

In the last few years, this company has raised $2 million in funding from angel investors and a $12 million valuation.

Monosuit Shark Tank Update

Monosuit didn’t get the deal on Shark Tank. All the sharks are out because they don’t think this business is right for them.

The jumpsuits of this company are much better than normal jumpsuits. To grow this business, the right business mentor along with a good marketing plan is required.

The world iconic design jumpsuits of this brand are specially made from Italy and many celebrities are wearing the products of this brand.

This company has not yet got funding in Shark Tank but because of Shark Tank, it has come to the notice of many people.

What Is Monosuit Net Worth?

Monosuit’s net worth is estimated at $1.5 million. Jumpsuits are a huge market, mostly worn by children, teenagers, and adults. At present, most of the jumpsuits available in the market are made from cotton, wool, silk, and modal. The United States, Canada, and Mexico are the biggest markets for jumpsuits.

Monsuite’s business is going very well right now, Agapkina needs a good partner who understands the business so that it can expand worldwide. Currently, this brand is shipping its clothing line in most of the countries.