Spergo Shark Tank Update

Spergo Shark Tank Pitch

Trey Brown and Sherell Peterson appeared on Shark Tank Season 13, Episode 5, which aired on November 5, 2021, with Inspirational clothing line.

Spergo is listed in the Clothing Fashion category. In plain terms, the business is described as Inspirational clothing line.

Spergo asked the Sharks for $300,000 for 10%, implying a valuation of about $3 million.

On the show, Spergo made a listed deal with Daymond John for $300,000 for 20%.

If treated as straight equity, the listed deal works out to about $1.5 million implied valuation, down from the original $3 million implied valuation.

This pitch is included as context for the more important question: what happened after Shark Tank.

Spergo After Shark Tank

Spergo closed its deal with Daymond John, giving Trey Brown more than just a televised handshake for the Philadelphia streetwear brand. (SPERGO Shark Tank Update

In the five days after the episode aired, Spergo processed more than 1,000 online orders, turning the airing into immediate ecommerce demand. (SPERGO Shark Tank Update

Spergo remains active through its own storefront, where the brand continues selling apparel built around its luxury streetwear positioning. (SPERGO Shark Tank Update

Sources

Sources used for this page: Shark Tank API pitches