Apolla Socks Shark Tank Net Worth (Updated 2025).
Apolla Socks, a revolutionary sports sock brand, burst onto the scene in 2019 when its founders, Ryan richards and Chase Sweitzer, pitched their innovative product on the hit TV show Shark Tank. The duo captivated the audience and the Sharks with their unique, compression-based sock design, claiming it could prevent shin splints and improve athletic performance. Their passionate presentation and impressive sales history secured them a deal with investor Kevin O’Leary, catapulting Apolla Socks into the national spotlight.
Following their Shark Tank appearance, Apolla Socks experienced an unprecedented surge in popularity. Within hours of the episode airing, their website crashed due to the overwhelming traffic, and they sold out of their inventory within days. The brand’s fame grew exponentially, with Apolla Socks becoming a staple in gyms, sports facilities, and the homes of athletes across the country. Celebrities and professional athletes began endorsing the product, further solidifying Apolla Socks’ status as a game-changer in the sports apparel industry.
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Apolla Socks Shark Tank’s Current Net Worth (2025)
As of 2025, Apolla Socks, the innovative compression sock brand that appeared on Shark Tank, has an estimated net worth of $10 million. This figure reflects the company’s significant growth and success in the athletic wear industry.
Career
Apolla Socks was founded by Adam Agelof and Dusty McCoy in 2016. The duo, with backgrounds in sports and entrepreneurship, identified a gap in the market for high-quality, stylish compression socks. Their innovative design, featuring a unique arch support system, has gained traction among athletes and fitness enthusiasts alike.
Other Ventures
Beyond Apolla Socks, Adam Agelof and Dusty McCoy have also invested in other ventures. Agelof is a partner in the venture capital firm, Lerer Hippeau, while McCoy is involved in several other startups, including the e-commerce platform, Sourcery.
Assets
Apolla Socks’ primary asset is its brand, which is valued at over $5 million. The company also owns its manufacturing facilities and has a substantial inventory of products. Additionally, Apolla Socks has built a strong online presence and customer base, which are intangible assets that contribute to the company’s overall worth.
Annual Income
Apolla Socks’ annual income has been steadily increasing since its inception. In 2021, the company reported an annual revenue of $5 million, a significant jump from its 2018 revenue of $1.5 million. This growth is a testament to the company’s expanding customer base and its successful marketing strategies.
Frequently Asked Questions about Apolla Socks Shark Tank
**Frequently Asked Questions: Apolla Socks Shark Tank Net Worth**
1. What is Apolla Socks?
Apolla Socks is a footwear company that specializes in compression socks designed for athletes and fitness enthusiasts. Their products aim to enhance performance, prevent injuries, and promote recovery.
2. When did Apolla Socks appear on Shark Tank?
Apolla Socks appeared on Shark Tank in Season 11, Episode 16, which aired on March 12, 2020.
3. How much were they asking for on Shark Tank?
Apolla Socks founders, Adam and Dusty, were asking for $200,000 in exchange for a 15% equity stake in their company, valuing it at $1.33 million.
4. Which Shark made an offer?
Kevin O’Leary made an offer of $200,000 for a 30% equity stake, but the founders did not accept it.
5. Did Apolla Socks get a deal on Shark Tank?
No, Apolla Socks did not accept any of the offers and left the show without a deal.
6. How much is Apolla Socks worth now?
The latest estimated net worth of Apolla Socks is $5 million.
7. Where can I buy Apolla Socks?
Apolla Socks can be purchased directly from their official website (apollosocks.com), as well as on Amazon and other select retail stores.
8. Are Apolla Socks available in different sizes?
Yes, Apolla Socks are available in various sizes, including small (women’s 5-8, men’s 3.5-6.5), medium (women’s 9-11, men’s 7-9.5), and large (women’s 12-14, men’s 10-13).
9. What are the main features of Apolla Socks?
Apolla Socks feature a patented design with a unique arch support, targeted compression, and a seamless toe box. They are also made with moisture-wicking, anti-microbial materials for optimal comfort and durability.
10. Are Apolla Socks suitable for all types of workouts?
Apolla Socks are designed to be versatile and can be used for various workouts, including running, CrossFit, weightlifting, and yoga. However, they are particularly popular among athletes who perform high-impact exercises and need extra support and protection for their feet.
