Paskho is an eco-friendly lifestyle travel apparel brand based in New York, dedicated to creating sustainable clothing with unique designs tailored for travelers.
The company prioritizes sustainability by using 43% reclaimed fabrics and 57% bluesign fabrics in its high-performance apparel. Additionally, Paskho donates 1% of its sales to environmental causes and another 1% to the planet.
Eighty-five percent of the brand’s garments are vegan, avoiding all animal-related products and 900 toxic chemicals. To further protect the environment, Paskho utilizes recycled paper for shipping instead of plastic polybags.
| Company Name | Paskho |
| Founder | Patrick Robinson |
| Founded | 2015 |
| Product | eco-friendly lifestyle travel apparel |
| Asked For | $500,000 for 2.5% equity |
| Final Deal | No Deals |
| Shark | No Sharks |
| Episode (Shark Tank USA) | S14 E1 |
| Air Date | Oct 8, 2021 |
| Business Status | In Business |
| Website | Visit Website |
| Headquarters | New York, New York, United States |
| Lifetime Worth (Sales) | $15M *estimated |
| Go To Amazon | Buy Now |
| Watch On | Amazon Prime |
Another Shark Tank Pitch
Who Is The Founder Of The Paskho?
The founder and CEO of Paskho is Patrick Robinson, a talented designer who started the company in 2015 with the aim of providing high-performance, eco-friendly apparel.
Robinson studied at the Parsons School of Design and has served as the Head Designer for renowned brands such as Giorgio Armani, Target, The Gap, Paco Rabanne, and Perry Ellis.
Since founding Paskho, Robinson has dedicated his efforts to growing the company and promoting sustainable fashion.
How Was The Shark Tank Pitch Of Paskho?
Robinson entered Shark Tank seeking $500,000 for a 2.5% equity stake in his fashion company, which he valued at $20 million. He impressed the Sharks with his community-made concept.
In 2019, the company reported sales of $6.7 million, with a pair of pants costing $44 to make and retailing for $110. However, the customer acquisition cost is $95, meaning the company is not yet profitable.
As of this year, Robinson’s projected revenue is $4.5 million. Despite his compelling pitch, Kevin, Emma, Barbara, Lori, and Mark chose not to invest in the business.
Finalize: Paskho did not get a deal on Shark Tank.
Paskho Shark Tank Update
Although this lifestyle fashion company did not secure a deal on Shark Tank, viewers resonated with Robinson’s business purpose, leading to a significant increase in product orders. The company focuses on empowering communities and providing jobs, which has attracted many customers who support this mission.
Kevin O’Leary, also known as Mr. Wonderful, praised Robinson’s design skills but suggested he hire a more experienced CEO to manage the business.
The company ships its high-performance, eco-friendly travel apparel globally, though import duties and taxes apply. It has garnered attention from major media outlets, including Forbes, The New York Times, Travel + Leisure, Vogue, GQ, and Men’s Health.
In 2021, the company generated approximately $5 million in revenue and has launched various collections for both men and women. Notable releases include the Rejuvenate Pant for women and the Euphoric Cozy Hooded Cocoon Jacket in black, introduced in January 2023.
In February 2023, Robinson expanded the business by establishing a new 6,000-square-foot office in New York. Investor Jane Piggott has also joined the company as an investor.
Following the airing of the Shark Tank episode, sales of the company’s eco-friendly travel apparel experienced a spike, resulting in thousands of dollars in sales shortly afterward.
We are currently tracking updates from Robinson’s company and their social media channels for the latest information.
What Is Paskho Net Worth?
The sharks were initially surprised by the company’s high valuation when it entered Shark Tank. According to its founder, Paskho has received funding in the past and is valued at $20 million. However, we believe Paskho’s actual worth is closer to $10 million.
