The Titin Weighted Shirt net worth is gaining attention for its cool features and how it helps people get fitter and stronger. It’s not just popular with regular folks but also with investors, especially after it appeared on Shark Tank.
Knowing how much it’s worth gives us a good idea of how well it’s doing and where it might go in the future.
Let’s discover Titin Weighted Shirt net worth in the article below;
Titin Weighted Shirt Net Worth
Titin Weighted Shirt’s net worth was $10 million during the Shark Tank pitch. This amount increased to $25 million after Daymond’s investment. Initially his net worth was valued at $10 million, but the company encountered a setback in 2023, experiencing a decrease of $2.5 million.
However, the current net worth is unknown since Titin ceased its operation
However, Titin rebounded with vigor, securing a pivotal deal on Shark Tank with investor Daymond John, who injected $500,000 into the company for a 20% equity stake.
This strategic partnership not only bolstered Titin’s financial standing but also affirmed its potential in the competitive fitness market.
As a result, Titin’s net worth, post-deal, stands at $8 million, showcasing its resilience and capacity for growth amidst challenges and triumphs alike.
Titin Weighted Shirt Overview in Shark Tank
Company Name | Titin Weighted Shirt |
Website | Currently offline. |
Episode | Season 6 Episode 7 |
Product Offering | Compression shirt with gel-filled weight |
Founded | 2010 |
Founder | Patrick Whaley |
Required Investment | $500,000 For a 5% stake in Titin: Weighted Shirt |
Closing Deal | $500,000 For 20% stake |
Shark | Daymond John |
Current Business Status | Out of Business |
How much does Titin’s product cost?
The cost of the Titin compression weight system is $250.
Who is the owner of Titin’s weighted shirt?
The owner of Titin Weighted Shirt is Patrick Whaley, Founder & CEO of TITIN.
Who can benefit from Titin products?
Titin’s offerings are tailored to a broad spectrum within the fitness community, targeting individuals dedicated to elevating their training regimes. While initially aimed at professional athletes, Titin’s appeal extends to enthusiasts with a fervent commitment to enhancing their physical well-being.
These compression garments cater to both men and women, providing an avenue for individuals to surpass their boundaries by leveraging compression technology to optimize the outcomes of strength and resistance training.
Whether amateur or seasoned professionals across various sporting disciplines, Titin’s products offer tangible advantages in their training regimens, generating significant anticipation surrounding the official launch.
As for alternatives, while numerous compression apparel options exist in the market, Titin distinguishes itself with its incorporation of weights. Yet, for those reluctant to invest in specialized gear, utilizing a weighted backpack during extended walks or hikes presents a cost-effective means to challenge personal limits.
Is Titin: Weighted Shirt Still In Business?
Titin relocated its customer support and marketing operations to the Empire State Building, and it persisted in its business activities.
However, a legal dispute arose when an individual sued the company, alleging fraud and theft of technology, though the case did not succeed.
Despite these efforts, Titin is no longer operational following a request from Mark to Daymond to cease using the term “Houston Mavericks” on their website.
Presently, the Titin Tech website is offline, and their social media accounts are inactive. Nevertheless, their products remain accessible for purchase on Amazon.