Paskho Shark Tank Update (Season 14)

Paskho is an eco-friendly lifestyle travel apparel brand that creates more sustainable clothes with unique designs keeping in mind the traveller. This company focuses on creating clothes as well as giving jobs to Americans.

Based in New York, the company uses 43% reclaimed fabrics and 57% bluesign fabrics to create high-performance, eco-friendly apparel. It donates 1% of its sales to environmental causes and another 1% to the planet.

85% of this brand’s Garments are vegan, no animal-related products are used and 900 Toxic Chemicals are Avoided. Apart from this, it uses recycled paper for shipping instead of plastic polybags to protect the environment.

Paskho Shark Tank Update
Credit: Paskho
Company NamePaskho
FounderPatrick Robinson
Producteco-friendly lifestyle travel apparel
Asked For$500,000 for 2.5% equity
Final DealNo Deals
SharkNo Sharks
Episode (Shark Tank USA)S14 E1
Air DateOct 8, 2021
Business StatusIn Business
WebsiteVisit Website
HeadquartersNew York, New York, United States
Lifetime Worth (Sales)$15M *estimated
Go To AmazonBuy Now
Watch OnAmazon Prime

Another Shark Tank Pitch

Who Is The Founder Of The Paskho?

The founder and CEO of this company is Patrick Robinson who is a designer. He started this company in 2015 to provide high-performance, eco-friendly apparel to the people.

Robinson Studied at the Parsons School of Design. He has served as the Head Designer at Giorgio Armani, Target, The Gap, Paco Rabanne, and Perry Ellis for many years.

Since 2015, Robinson has been focusing on growing his company.

Paskho Before Shark Tank

The company was created keeping one objective in mind that it can provide high-performance, eco-friendly lifestyle apparel products. Founder Robinson believes that he will create new jobs for Americans through his company.

An important part of the mission of Robinson is sustainability. He says that the fashion industry accounts for 8% of global greenhouse gas emissions, higher than the airline industry.

In terms of creating pollution, clothing is second only to agriculture because a lot of chemicals are used to finish a fabric.

Robinson launched a successful Kickstarter campaign in 2015 with a goal of $50,000 but raised an amount of $68,770 from 367 backers.

Robinson named his company Paskho because it reflects the Greek word for “passion”.

As of March 2021, the non-profit organization Souls Grown Deep has invested $600,000 in the sustainable fashion brand.

Robinson decided to take investments from sharks in Shark Tank to further his thinking and grow his company.

How Was The Shark Tank Pitch Of Paskho?

Robinson entered Shark Tank with his fashion company and asked Shark for $500k for a 2.5% equity at a $20 million valuation. This is a fashion company with very high valuations.

He told the shark about his community-made concept and he was able to impress the shark. In 2019, this company had sales of $6.7 million. Its pair of pants costs $44 to make and is sold for $110.

In this, their customer execution cost is $95. It is not profitable yet. This year his running track is $4.5 million. Kevin, Emma, Barbara, Lori, and Mark did not invest in this business.

Finalize: Paskho did not get a deal on Shark Tank.

Paskho Shark Tank Update

This lifestyle fashion company did not get a deal in Shark Tank, but Viewers liked Robinson’s business purpose. Due to this, there has been a huge increase in the order of this product.

This company mainly works on growing those communities and providing jobs for the people which is a very good thing. Many people are buying the clothes products of this company for this purpose.

According to Mr. Wonderful, Robinson is a very good designer but he is not a good CEO so he should hire someone else as CEO.

This company is shipping its high-performance, eco-friendly travel apparel completely globally but import DS and taxes are levied on it.

Many big media publications have featured this company, including Forbes, The New York Times, Travel + Leisure, Vogue, GQ & Men’s Health.

In 2021, the revenue for the firm was approximately $5 million. This company has launched various collections for men and women.

They have launched Rejuvenate Pant for Women’s. In January 2023, they launched a new cool product Euphoric Cozy Hooded Cocoon Jacket in black colour.

Robinson built a new work office in February 2023 of 6,000 sqft in New York so that the business could be expanded.

Investor Jane Piggott has joined the company as an Investor.

When this Shark Tank episode aired, sales of the company’s eco-friendly travel apparel also skyrocketed for a while. After a few days, this company has made sales of almost thousands of dollars for its product.

In 2021, the revenue for the firm was approximately $5 million.

Right now, we are following Robinson’s company and their social media handles to update new information.

What Is Paskho Net Worth?

For a time, the sharks were surprised to hear this company had entered Shark Tank with a high valuation. This company has received funding in the past and it is worth $ 20 million according to the company’s valuation founder. We think Paskho’s worth will be around $10 million.

The founder of this company, Patrick Robinson, tries to give a better life to the talented people in this business.

The company had a very good sales rate in 2019 and in 2020 it was running on a track of $4.5 million, by the end of the year it would have made $5 million in revenue.

It is a global brand that sells through its online e-commerce website, apart from this it is also available on Amazon.

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