SPERGO Shark Tank Update | SPERGO Net Worth

SPERGO, featured in episode 05 of Season 13 on Shark Tank, is a brand of athletic wear founded by Trey Brown, a young entrepreneur with a remarkable story.

The brand offers a wide range of high-quality clothing items, including socks, t-shirts, sweatshirts, hoodies, sweatpants, and shorts, all designed to be stylish and comfortable for kids and teenagers.

SPERGO’s trendsetting designs and inspiring story are what set it apart from the competition. Trey started the brand at the age of 9 to provide a positive alternative to his community and has since grown it into a mini-empire with endorsements from celebrities and athletes.

The brand’s success on Shark Tank, securing a deal with Daymond John, catapulted its popularity and sales, reaching an impressive $3 million in 2022.

With affordable pricing and a commitment to quality, SPERGO continues to resonate with consumers looking for fashionable athletic wear with a meaningful backstory.

SPERGO remains a shining example of how determination and vision can propel a small business into a multi-million dollar success.

What Is SPERGO?

SPERGO is a clothing brand founded by Spergo, a young entrepreneur named Trey Brown. The brand offers a range of stylish and high-quality clothing items such as sweatsuits, hoodies, t-shirts, and accessories.

SPERGO has gained recognition for its unique designs and has attracted a growing following, especially among young people looking for trendy apparel.

SPERGO focuses on creating stylish and comfortable athletic wear for kids and teenagers. Trey started the brand at a young age with a vision to inspire positivity and provide an alternative to violence in his community.

Over the years, SPERGO has expanded its product line to include various clothing items such as socks, t-shirts, sweatshirts, hoodies, sweatpants, and shorts.

The brand has gained recognition through endorsements from celebrities and athletes and participation in grant programs supporting black-owned businesses.

Who Is The Founder Of SPERGO?

Trey Brown is the founder of SPERGO, a luxury-urban clothing line for adults and children. Trey, a young entrepreneur from Philadelphia, was inspired to create SPERGO after witnessing the high crime rate among teenagers in his community. He wanted to provide an alternative to violence and showcase that there are positive paths to success.

Trey Brown, at the age of 12, started his entrepreneurial journey with a vision to make a difference. Using his birthday money, he began by selling T-shirts with his logo, gradually expanding his product line to include hoodies, sweatshirts, pants, and more.

Trey’s dedication to promoting positivity and empowerment through his brand led to the establishment of SPERGO, symbolizing Sports – Heroes – Go. The lion logo of SPERGO represents his values of power, strength, and courage.

Before its appearance on Shark Tank, SPERGO had already gained international success due to Trey’s exceptional marketing skills.

Trey, a social media influencer with 30,000 followers, utilized his platform to promote his brand through videos, affirmations, and motivational speeches.

The brand had also received recognition from notable figures such as NBA players and renowned artists, further solidifying SPERGO’s reputation in the fashion industry.

Additionally, SPERGO had established brick-and-mortar stores in Philadelphia and Washington, DC, with plans for global expansion.

How Was The Shark Tank Pitch Of SPERGO?

Spergo, a luxury clothing brand, was founded in 2018 by Trey Brown, a 15-year-old entrepreneur, with his mother, Sherell Brown, as a supportive figure in the business.

Tery was seeking a $300,000 investment for a 10% equity, Trey and Sherell appeared on Shark Tank to showcase their brand.

The sharks were captivated by the high-quality clothing items and Trey’s compelling story of wanting to make a positive impact on children facing challenges like violence and lack of role models.

However, not all sharks saw the potential for investment. Lori Greiner and Kevin O’Leary opted out, while Robert Herjavec felt Spergo’s heavy reliance on physical stores didn’t align with his investment history.

Mark Cuban offered $300,000 for a 25% equity, recognizing Trey’s potential as a standout entrepreneur. Daymond John, after some consideration, matched Mark’s offer.

In response to this, Trey proposed a counteroffer of $300,000 for a 20% equity to Daymond John, emphasizing his plans to use the investment for website development, new designers, online sales, and brand expansion.

Daymond appreciated Trey’s vision and accepted the counteroffer, finalizing the deal at $300,000 for a 20% equity in Spergo.

Sharks’ Views about SPERGO:

• Lori Greiner: Not the best investor for Spergo.
• Kevin O’Leary: Inspired by Trey’s story but doesn’t usually invest in clothing brands.
• Robert Herjavec: Invested in online clothing brands, whereas Spergo was mostly in physical stores.
• Mark Cuban: Saw Trey as a superstar and offered $300,000 for a 25% equity.
• Daymond John: Initially declined but later matched Mark’s offer and accepted Trey’s counter offer of $300,000 for a 20% equity.

Shark Investment Table:

Did SPERGO Get a Deal On Shark Tank?

Yes, SPERGO did get a deal on Shark Tank. Trey Brown and his mother, Sherell Peterson, pitched their inspirational clothing brand on Shark Tank Season 13 and secured a deal with Daymond John for $300,000 in exchange for 20% equity in the company.

This deal helped SPERGO expand its retail locations and gain recognition from big-name celebrities, leading to continued growth and success for the brand.

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What Happened To SPERGO After Shark Tank?

After Trey Brown and Sherell Peterson’s impressive appearance on Shark Tank, SPERGO experienced a significant boost in popularity and sales.

The Shark Tank Effect was real for SPERGO, as they received a massive influx of orders following the episode’s airing. Their story caught the attention of various news outlets, and they saw an increase in orders of over 2,000%.

Daymond John, the shark who invested in SPERGO on the show, played a crucial role in their post-Tank success.

While there is no official public record of whether the deal with John immediately closed after the show, his support and belief in SPERGO’s potential were evident.

The positive exposure from Shark Tank and the backing of a well-known investor like John helped propel SPERGO to new heights.

However, the current status of SPERGO’s partnership with Daymond John is unclear. While some sources claim that the deal formally closed, there is no mention of John or SPERGO’s appearance on Shark Tank on the company’s website.

This lack of visibility of celebrity involvement could raise questions about the ongoing collaboration between SPERGO and John.

As of now, SPERGO is still in business, with new designs being unveiled regularly. The company continues to operate, but there are some concerns regarding its online presence and customer feedback.

SPERGO’s social media engagement appears to be lukewarm, with mixed reviews on platforms like Facebook and Google.

Some customers have reported issues with customer service and delayed deliveries, indicating potential operational challenges that SPERGO needs to address.

In terms of net worth, SPERGO’s valuation was $1.5 million during their Shark Tank pitch, where they offered 10% of the company for a $300,000 investment.

While specific financial details post-Shark Tank are not publicly available, SPERGO’s success on the show and the subsequent surge in orders suggest that their valuation and revenue have likely increased since then.

Moving forward, SPERGO faces the challenge of scaling up its operations to support its growing brand and maintain high-quality customer service standards.

Additionally, with Trey Brown approaching college age, the company may need to navigate potential changes in leadership or strategic direction.

As SPERGO continues to pursue its ambitious growth goals, it will be essential for it to address operational issues, strengthen its online presence, and uphold its commitment to delivering quality products and services to customers.

SPERGO experienced substantial growth after its appearance on Shark Tank, marking a milestone in its history and setting the stage for continued success.

This was a testament to Trey’s vision, dedication, and the social mission of the business to uplift and empower young people in his community.

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SPERGO Shark Tank Update

After appearing on Shark Tank, SPERGO, the high-end athleisure brand founded by young entrepreneur Trey Brown, experienced a significant boost in its business.

The exposure on the show led to a spike in sales, with Trey Brown mentioning that his sales were “going crazy” shortly after the episode aired.

Prior to his appearance on Shark Tank, SPERGO had already achieved impressive sales of $1.8 million.

SPERGO’s journey began when Sean “Diddy” Combs posted about the brand on his Instagram after a chance encounter at a barber shop facilitated by Brown.

This exposure resulted in SPERGO receiving its first wholesale order and marked the beginning of a series of successful collaborations and partnerships for the brand.

Following his appearance on Shark Tank, Trey Brown continued to leverage his brand’s success through collaborations with notable figures and organizations. Sean “Diddy” Combs further supported Brown by giving him $25,000 on The Ellen Show.

Additionally, the Philadelphia 76ers collaborated with SPERGO, offering Brown a grant to establish a brick-and-mortar store and wear his merchandise.

These collaborations not only boosted SPERGO’s visibility but also contributed to its continued growth and success.

SPERGO is still in business and thriving. Trey Brown actively promotes the brand through his personal Instagram account, showcasing new products and engaging with his audience.

SPERGO’s online presence, including its website and social media accounts, reflects a commitment to expanding its product range and reaching a wider customer base.

While there have been some questions regarding the status of the deal with Daymond John after Shark Tank, reports indicate that the partnership did go through.

Despite the absence of explicit references to the show on SPERGO’s official website, the brand’s ongoing success and strong online presence demonstrate its sustained relevance in the market.

SPERGO’s post-Shark Tank journey exemplifies a remarkable success story driven by Trey Brown’s entrepreneurial spirit and strategic collaborations.

With a thriving business, continued growth, and a dedicated following, SPERGO remains a prominent player in the athleisure industry, poised for further success in the future.

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What Is the Net Worth Of SPERGO?

According to our research, SPERGO’s net worth is estimated to be $3 million. The valuation of SPERGO was $1.5 million after securing an investment from Daymond John on season 13 of Shark Tank.