Suds2go Net Worth 2024 Update [Before & After Shark Tank]

Cindy and Gabe Trevizo founded Suds2Go in December 2018, introducing a revolutionary portable handwashing device that enables individuals to cleanse their hands anywhere, anytime.

Suds2Go Net Worth:

As of September 2023, Suds2Go’s net worth stands at $1.5 million, with an impressive annual revenue of $200,000.

Their pivotal moment came on April 16, 2021, when they struck a deal with Robert Herjavec on season 12 of Shark Tank USA. The agreement secured $200,000 in exchange for 15% ownership of the company. Despite a lower valuation of $1.3 million compared to the founders’ initial estimate of $2 million, the deal marked a significant milestone in Suds2Go’s journey.

Introducing Suds2Go

Suds2Go lives up to its name as a hygiene-centric company producing a portable handwashing solution featuring integrated water and foam soap dispensers. Founded in response to the 2018 Pandemic Beginning Stage, the company emerged in Gilbert, Arizona, to address the pressing need for accessible hand hygiene solutions.

The product’s innovation lies in its ability to swiftly cleanse hands of any harmful bacteria without excessive water usage, making it a must-have for on-the-go sanitation.

Suds2Go offers two primary products: the Hero Pack and caps. The stainless steel bottle allows users to dispense 2-3 pumps of foam soap for thorough handwashing, ensuring hygiene wherever they go. With each container containing 30 pump soaps, the product is not only effective but also disposable, catering to the needs of modern-day consumers.

Meet the Founders of Suds2Go

Cindy Trevizo spearheads Suds2Go, supported by her husband and co-founder, Gabe Trevizo. Both entrepreneurs are deeply committed to their venture, leveraging their self-employment status to drive business growth.

Their journey began amidst financial challenges within their families, motivating them to embark on the Suds2Go venture. Despite facing setbacks, including Gabe’s job loss in August 2021, the duo persevered, with Cindy juggling multiple roles to supplement their income.

Gabe’s unwavering dedication led him to pursue various odd jobs, including car valeting and landscaping, to support their entrepreneurial aspirations. His emotional recounting of these experiences on Shark Tank resonated with audiences, highlighting the sacrifices made to build Suds2Go into a thriving business.

Presently, Gabe serves as the principal manager at Firebird Appliances & Consulting, in addition to his role as Suds2Go LLC’s founder.

Suds2Go Pre-Shark Tank

Before establishing Suds2Go, Cindy and Gabe undertook several small jobs to sustain their household finances. Gabe seized every opportunity to contribute to their financial stability, dedicating his free time to bolstering their resources.

Inspired by his daily struggles, Gabe conceptualized Suds2Go, pooling approximately $80,000 in capital to kickstart the venture. A Kickstarter campaign supplemented their funds, raising $12,000 to support product development and marketing efforts.

Further financial backing came from personal loans, with Gabe securing $150,000 to fuel Suds2Go’s expansion plans. Combined with their initial investment, totaling $242,500, the duo committed wholeheartedly to Suds2Go’s success.

Notably, Suds2Go witnessed rapid sales growth post-launch, with Cindy and Gabe selling out their initial stock of 4,000 bottles within six weeks. By April 16, 2021, their sales had soared to $392,000, cementing Suds2Go’s position as a market disruptor.

Suds2Go on Shark Tank

Cindy and Gabe’s appearance on Shark Tank garnered widespread attention, showcasing their resilience and entrepreneurial spirit. Despite facing rejection from some sharks, they secured a deal with Robert Herjavec, who recognized Suds2Go’s potential for success.

Post-Shark Tank Success

Shark Tank catapulted Suds2Go into the spotlight, generating increased sales and brand recognition. Robert’s investment and mentorship proved invaluable, propelling Suds2Go’s growth trajectory.

Today, Suds2Go continues to thrive, with its products garnering acclaim from media outlets like GMA, Better Homes & Gardens, and Gearhungry. The brand’s commitment to innovation and hygiene has solidified its position as a market leader.

FAQ:

How has Suds2Go fared post-Shark Tank?

Suds2Go’s appearance on Shark Tank propelled its popularity and sales, resulting in a significant valuation increase. Since launching its website, Cindy and Gabe have achieved sales of $392,000 within a short timeframe, signaling Suds2Go’s upward trajectory.

Is Suds2Go a successful venture?

Undoubtedly, Suds2Go has emerged as a successful enterprise, with its valuation and sales soaring post-Shark Tank. The product’s innovative design and growing demand for portable hygiene solutions have contributed to its success in the market.

How does Suds2Go function?

Suds2Go combines a water bottle with a foaming soap dispenser, allowing users to access both essentials in a single product. The integrated dispenser, located in the bottle’s lid, dispenses foaming soap with a simple pump

Suds2go Net Worth
Suds2go Net Worth

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Suds2go Net Worth
Suds2go Net Worth

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