Dapper Boi Shark Tank Net Worth

Dapper Boi is a clothing brand that appeared on episode 20 of season 14 of Shark Tank. It was founded by Vicky and Charisse Pasche, a married couple who identified a gap in the market for fashion items that fit curvy body types while maintaining a casual, masculine edge.

The brand focuses on gender-neutral clothing and offers a range of products, including jeans, jackets, button-up shirts, tops, and accessories like hats and socks.

Dapper Boi aims to provide clothing for everybody, regardless of their size, body type, gender, age, or any other factor that currently dictates fashion norms. Their jeans, for example, are available in sizes 26 to 52, which translates to a double zero to a size 26 in traditional women’s sizing.

This size range is uncommon among most brands, making Dapper Boi a standout choice for individuals who struggle to find clothing that fits their body type.

Dapper Boi operates primarily through its website, where customers can purchase their products directly. They previously used a pre-order strategy, allowing buyers to pre-order items at a lower price. However, to better meet demand, they have ceased this system.

The brand also offers a rewards program called The Boi’s Club, which allows customers to earn points and other prizes, fostering customer loyalty.

Dapper Boi’s success can be attributed to its focus on inclusivity, customer loyalty, and unique product offerings. By providing gender-neutral clothing and a wide range of sizes, the brand caters to a diverse customer base.

Their emphasis on building customer loyalty through rewards programs and their active online presence on platforms like Instagram and TikTok further contributes to their success.

Dapper Boi stands out as a good choice for individuals seeking gender-neutral, inclusive clothing options that fit a variety of body types.

Company NameDapper Boi
FounderCharisse Pasche and Vicky Pasche
ProductAn everyday clothing line for androgynous men and women that is gender-neutral
Investment Seeking$250,000 for 5% equity
Final Deal AcceptedNo Deals
Shark NameNo Sharks
EpisodeSeason 14, Episode 20
Business StatusIn Business
WebsiteVisit Website
Net Worth$5 million

What Is Dapper Boi?

Dapper Boi is a body-inclusive apparel line that aims to transform the fashion industry by offering a wide range of sizes and styles that cater to diverse body shapes and preferences. Dapper Boi breaks away from traditional fashion norms and focuses on providing gender-neutral, size-inclusive clothing.

The mission of Dapper Boi is to provide everyone with access to affordable, stylish clothes that fit their body and personality. The founders believe that changing clothes can change lives and aim to make a positive impact on the world by promoting identity and a sense of belonging.

Dapper Boi has faced various challenges along the way, such as downsizing their living space and dealing with skeptical manufacturers. However, they persevered and developed a unique business model that sets them apart from competitors.

Dapper Boi Shark Tank Net Worth

Dapper Boi employs a three-stage business model. It starts with Introduction Pricing, where new products are launched at significantly discounted prices. Then, during the In-Production stage, customers can still pre-order these items at retail prices.

Finally, the products become available for purchase at regular retail prices and are ready to ship immediately. This approach allows Dapper Boi to continuously offer new products while making premium clothing accessible to a wider audience.

The birth of Dapper Boi Jeans started with thorough research into the best features of both men’s and women’s jeans. With the help of a manufacturer who believed in their concept, they created a sample that catered to both men and women. In early 2015, Dapper Boi was launched through a successful Kickstarter campaign that raised over $26,000.

Dapper Boi’s jeans are designed to bridge the gap between men’s and women’s styles. The brand focuses on incorporating functional and fashionable features such as deep pockets and fabrics that complement curves. They understand that both men and women can have curves and strive to offer flattering, trendy options for all body types.

Overall, Dapper Boi is redefining the fashion industry with its body-inclusive, gender-neutral apparel line. By offering high-quality, affordable clothing that caters to diverse body shapes and styles, the brand empowers individuals to express their true selves through fashion.

Who Is The Founder Of Dapper Boi?

The founders of Dapper Boi are Charisse Pasche and Vicky Pasche. Vicky, who identifies as a girl, always struggled to find clothes in the men’s section that fit her frame. Frustrated by the lack of gender-neutral clothing options, the couple decided to create their brand.

Before appearing on Shark Tank, Dapper Boi started with a Kickstarter campaign, which raised $26,364. They also raised $282,414 on the StartEngine platform, attracting a total of 564 investors. The company experienced rapid growth, surpassing $1 million in sales with profit margins of 75-85%.

However, when they appeared on Shark Tank, they faced financial difficulties, with only $100 in their account and high shipping costs. Despite their impressive sales and customer retention rate of 51%, none of the Sharks were willing to invest in the company.

Although they didn’t secure a deal on the show, Dapper Boi received a free promotion on national television, leading to a surge in business. The founders also launched a shopping app just before their episode aired, which further boosted their profits.

Since their Shark Tank appearance, Dapper Boi has gained popularity and has been featured in various podcasts. They announced that Kelly Ann Winget became an investor in their venture, and they plan to share their investment journey on their official YouTube channel.

Dapper Boi continues to thrive as a gender-neutral clothing line, catering to people of all body shapes and sizes, regardless of gender.

While they still have a long way to go in the $3.2 billion US clothing industry, the company’s estimated net worth is around $5 million.

How Was The Shark Tank Pitch Of Dapper Boi?

During their Shark Tank pitch, Charisse Pasche and Vicky Pasche presented their gender-neutral clothing line, Dapper Boi, and sought a $250,000 investment in exchange for a 5% equity stake in their business.

They shared that Dapper Boi had experienced losses of over $400,000 in the past two years, despite generating over $7 million in sales over seven years.

Dapper Boi Shark Tank Net Worth

The entrepreneurs explained that while their profit margins were reasonable, high shipping costs had contributed to their financial struggles.

They also mentioned that they had raised nearly $300,000 through a successful Kickstarter campaign and had a decent-sized following.

However, the Sharks expressed concerns about the company’s significant losses and financial situation. Mark Cuban, Daymond John, and Lori Greiner all decided not to invest in Dapper Boi.

Barbara Corcoran also dropped out due to the negative financial outlook. Kevin O’Leary was the last remaining Shark, but he couldn’t find a way to invest the substantial losses.

As a result, Dapper Boi left Shark Tank Season 14 without a deal. The table below summarizes the Sharks’ offers, counter offers by the founders, and the final deal:

SharkInvestment OfferedCounter Offer by FoundersFinal Deal
Mark Cuban
Daymond John
Lori Greiner
Barbara Corcoran
Kevin O’Leary

Despite not securing an investment, appearing on Shark Tank is expected to boost Dapper Boi’s sales temporarily.

Did Dapper Boi Get a Deal on Shark Tank?

Dapper Boi, a gender-neutral clothing line brand, appeared on Shark Tank Season 14 Episode 20 seeking a $250,000 investment for 5% equity at a $5 million valuation. However, they did not secure a deal with any of the sharks.

Despite this, the exposure on national television provided valuable promotion for the business. Following the episode, Dapper Boi launched their shopping app and engaged in various media interviews and podcasts.

They also announced that Kelly Ann Winget became an investor in the company. Dapper Boi is still in business as of May 2023 and is headquartered in San Diego, California.

The brand aims to provide affordable and stylish clothing options for individuals of all body shapes and sizes. While they did not secure funding for Shark Tank, Dapper Boi continues to operate and expand in the gender-neutral clothing market, which is projected to reach USD 3.2 billion by 2028.

Also read, Play Maysie Shark Tank Net Worth

What Happened To Dapper Boi After Shark Tank?

After appearing on Shark Tank, Dapper Boi did not secure an investment from the Sharks. However, they later announced that they had found an investor, Kelly Ann Winget from Alternative Wealth Partners, who believed in their mission. Despite the setback, Dapper Boi remained committed to its goal of inclusivity in fashion.

The COVID-19 pandemic significantly impacted their manufacturing process, causing delays in delivering pre-ordered products. This, along with allocating a large portion of their budget to marketing, left the company with financial challenges.

Despite these difficulties, Dapper Boi continued to focus on direct-to-consumer sales and building a strong community of repeat buyers.

Since their appearance on Shark Tank, Dapper Boi has experienced growth and success. They have reached $4 million in sales and have a diverse customer base of over 30,000 people.

Dapper Boi Shark Tank Net Worth

Dapper Boi is still in business and has maintained its seven-figure status, offering a range of clothing items and accessories. Dapper Boi’s success is attributed to its focus on building customer loyalty through a rewards program and its inclusive attitude, standing out against its competitors.

The brand is highly regarded, being in the top 0.5% of Shopify stores. They have expanded their reach through the Dapper Boi app, available on Google Play and the Apple App Store, and are planning to launch an augmented reality shopping experience.

The founders, Vicky and Charisse Pasche, are determined to challenge traditional gender norms in fashion and create a brand that caters to all body types and gender identities. They have been featured in documentaries and joined events to promote their mission and build a supportive community.

Despite the initial rejection of Shark Tank, Dapper Boi remains focused on their vision and is continuing to write their story of inclusivity in fashion.

Also read, Tia Lupita Foods Shark Tank Net Worth

Dapper Boi Shark Tank Update

After appearing on Shark Tank, Dapper Boi did not secure funding from the sharks. However, the brand received valuable exposure and promotion on national television. Despite not securing a deal, Dapper Boi continued to thrive and grow its business.

Following their Shark Tank appearance, Dapper Boi launched a shopping app just days before the episode aired. The founders also actively engaged in podcasts and media interviews to further promote their brand.

In an exciting development, Dapper Boi announced on April 15, 2023, via their Instagram account, that they had gained an investor named Kelly Ann Winget. This investment is expected to contribute to the company’s growth and expansion.

Additionally, Dapper Boi will be featured in a new documentary series called “She Angels Series” on their YouTube channel. This series will showcase their funding journey, providing further exposure and awareness for the brand.

Despite not securing funding for Shark Tank, Dapper Boi has continued to operate and expand. The company has been featured in various media publications, including Forbes, Nymag, and Entrepreneur, further boosting its visibility.

Dapper Boi is still in business and actively working towards expanding its presence in the United States. With the gender-neutral clothing industry projected to reach USD 3.2 billion by 2028, Dapper Boi has a significant opportunity for growth within this market.

What Is the Net Worth Of Dapper Boi?

According to our research, the net worth of Dapper Boi is estimated to be $5 million after appearing on season 14 of Shark Tank.

Also read, Honey Bunchies Shark Tank Net Worth