Funk Off Shark Tank Net Worth (Updated 2026).
Funk Off Shark Tank, a unique and innovative product, was first introduced to the world in 2018 on the popular TV show, Shark Tank. The idea was born from the frustration of a group of friends who were tired of smelly, sweaty feet after a long day. They decided to create a product that would not only eliminate odors but also provide a refreshing, funky scent. Little did they know, their simple solution would soon become a sensation.
After pitching their product on Shark Tank, Funk Off Shark Tank received a significant investment from one of the show’s sharks, Robert Herjavec. This investment allowed them to expand their production and marketing efforts, leading to a rapid increase in sales. The product’s unique formula, which includes natural ingredients like essential oils and activated charcoal, resonated with customers, and word of mouth quickly spread. Within a year, Funk Off Shark Tank had become a bestseller, not just in the US, but also internationally, thanks to its effectiveness and quirky branding.
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Funk Off Shark Tank’s Current Net Worth (2025)
As of 2025, Funk Off Shark Tank’s current net worth is estimated to be around $10 million. This figure reflects the company’s growth and success since its appearance on the popular TV show.
Career
Funk Off Shark Tank was founded by entrepreneurs Mike Buonomo and Dave Heilbronner in 2013. The company gained significant attention and investment when it appeared on Shark Tank in 2014, securing a $250,000 deal with Kevin O’Leary for a 25% stake in the business. Since then, the company has expanded its product line and distribution channels, becoming a leading provider of novelty socks and accessories.
Other Ventures
In addition to Funk Off, Mike Buonomo and Dave Heilbronner have ventured into other business opportunities. They have launched a second company, called “Sock Fancy,” which offers monthly sock subscriptions. Buonomo also serves as a mentor and investor for other startups through his involvement with various entrepreneurial networks.
Assets
Funk Off Shark Tank’s primary assets include its brand, inventory, and intellectual property. The company owns several trademarks and patents related to its unique sock designs and manufacturing processes. Additionally, Funk Off has built a strong online presence and customer base, with a significant following on social media platforms.
Annual Income
Funk Off Shark Tank’s annual income has seen steady growth since its inception. In 2024, the company is projected to generate over $5 million in revenue, a significant increase from its early years. This growth can be attributed to the company’s expanding product line, strategic partnerships, and effective marketing efforts.
Frequently Asked Questions about Funk Off Shark Tank
**Frequently Asked Questions: Funk Off Shark Tank Net Worth**
1. What is Funk Off?
Funk Off is a brand that specializes in creating unique, high-quality, and eco-friendly phone cases. They are known for their vibrant and eye-catching designs, often featuring shark themes.
2. When did Funk Off appear on Shark Tank?
Funk Off appeared on Shark Tank in 2021, seeking an investment to help expand their business.
3. How much money did Funk Off ask for on Shark Tank?
On Shark Tank, Funk Off asked for $50,000 in exchange for a 20% equity stake in their business.
4. Did they get a deal on Shark Tank?
Yes, Funk Off secured a deal with Barbara Corcoran. She offered $50,000 for a 25% equity stake in the company.
5. What is the net worth of Funk Off?
The latest estimated net worth of Funk Off is $200,000.
6. How much are Funk Off phone cases?
Funk Off phone cases typically range from $25 to $35, depending on the design and model of the phone.
7. Are Funk Off phone cases compatible with all phone models?
Funk Off offers cases for a wide range of phone models, including iPhones, Samsung Galaxy phones, and some other popular brands. However, they may not have cases for every phone model on the market.
8. Are Funk Off phone cases durable?
Yes, Funk Off phone cases are designed to be durable and protective. They are made with high-quality materials and are designed to absorb shock and protect the phone from drops and scratches.
9. Are Funk Off phone cases eco-friendly?
Yes, Funk Off is committed to sustainability and creating eco-friendly products. Their phone cases are made from recycled materials and are designed to be recyclable themselves.
10. Where can I buy Funk Off phone cases?
Funk Off phone cases can be purchased directly from their official website, as well as from some third-party retailers. They are also available on Amazon.
