Lord von Schmitt Shark Tank Net Worth 2023 | What Happened to Lord von Schmitt after Shark Tank?
Lord Von Schmitt Shark Tank Update
Lord von Schmitt is an innovative fashion company that specializes in high-end crochet clothing. They have reinvented the crochet technique by incorporating psychedelic 1970s motifs into their designs.
The company offers a variety of ready-made items ranging from umbrellas to underwear, jeans, blankets, socks, and baby clothing. Alternatively, customers can request bespoke designs to suit their specific needs.
It is a company that repurposes handmade afghans to make interesting new clothing, which is popular with the LGBTQIA+ and festival communities.
Schuyler Ellers, the founder of Lord Von Schmitt, appeared on Shark Tank in Season 11 Episode 22, seeking $100,000 for 10% of his handmade crochet fashions.
During the pitch, the sharks tried on the crocheted fashions and strutted around in an impromptu fashion show. Although the sharks seemed to enjoy the fashions, none of them made a deal with Ellers.
Since appearing on Shark Tank, Lord Von Schmitt has continued to operate and sell its products. The company has a custom product, but Ellers may want a Shark to help make his clothing more mainstream.
In an interview with The Cinemaholic, Ellers expressed confidence that the appearance on Shark Tank would increase his exposure and help improve online sales. Lord Von Schmitt’s products are available on the company’s website and on Amazon.
There is no recent update on Lord Von Schmitt’s progress since appearing on Shark Tank. However, we do provides updates and follow-ups about entrepreneurs who have appeared on the show, so there may be an update in the future
What Is Lord Von Schmitt’s Current Net Worth in 2023?
Lord Von Schmitt’s net worth as of 2022 is estimated to be around $1 million, according to multiple sources. The company has made an annual revenue of $4 million as of March 2022
What is Lord von Schmitt?
Lord von Schmitt is an innovative fashion company that specializes in high-end crochet clothing. They have reinvented the crochet technique by incorporating psychedelic 1970s motifs into their designs.
The company offers a variety of ready-made items ranging from umbrellas to underwear, jeans, blankets, socks, and baby clothing. Alternatively, customers can request bespoke designs to suit their specific needs.
The founder, CEO, and designer of Lord von Schmitt is Schuyler Ellers. Ellers developed a passion for costume design while studying at Columbia University. After graduating, he moved to Barcelona, where he worked as a costume designer for low-budget films, using items he found in charity shops.
Ellers quickly picked up knitting and sewing skills from his housemates, but he soon realized that these methods were not efficient for producing clothing. During his secondhand store visits, he discovered vibrant Afghan blankets with intricate designs that he saw as folk art created by past artists.
He transformed these blankets into “wearable sculptures,” leading to the establishment of Lord von Schmitt in 2010. The company’s name is a play on Ellers’ undergraduate nickname.
In 2010, Ellers presented his designs at a Los Angeles fashion event, but he did not make any sales. Undeterred, he opened an Etsy shop under the name Lord Von Schmitt, and in 2015, the E! Television network featured his crocheted shorts, resulting in an influx of 60 orders within a few days. Since then, the company has sold nearly 2000 items on its website.
Ellers currently resides in Nevada City, where he sells his range of trousers, shorts, jackets, and other apparel. While some items are quite expensive, such as a one-of-a-kind tailcoat priced at $2499.00, most pieces fall between $100 and $300.
Lord von Schmitt’s Etsy Shop and Amazon store offer a broad selection of their designs for customers to choose from.
What Happened to Lord von Schmitt At and After Shark Tank Pitch?
During Shark Tank episode 1123, Schuyler Ellers brought his company, Lord Von Schmitt, to the show to present his unique clothing made from recycled Afghans. He was looking for a Shark to help him take his business to the next level and was seeking a $100,000 investment for a 10% stake in his firm, which had a $1 million valuation.
Schuyler shared the story behind his vibrant and imaginative clothing and allowed the Sharks to try on some of his creations. The Sharks were impressed by his handmade and eco-friendly products, which cost $30 to make and sold for $128 on his website. Robert asked about the cost of specific items, such as shorts ($58) and full outfits ($300).
When asked about his sales, Schuyler revealed that he had generated $198,000 in revenue over four years, with $37,000 in revenue in 2020. Lori asked if this was his full-time job, to which he confirmed. Kevin suggested that investing $100,000 in Schuyler’s business would be like making a ten-year sale. Schuyler shared that he had sold ten units.
Mark was the first Shark to leave, followed by Robert, Lori, and Daymond. Kevin seemed interested and gave Schuyler hope, but ultimately decided not to invest. Despite not securing a deal, Lord Von Schmitt is still in business as of February 2022.
Schuyler continues to work from home in Nevada City, developing and selling his products through his website and online shops such as Etsy and Amazon.
Net Worth of Lord von Schmitt
The company valuation was $1 million during and after the pitch. Since the company is still operating and hence the company net worth might had be more than that of the pitch.
Lord von Schmitt Summary
| Topic | Details |
| Company Name | Lord Von Schmitt |
| Products/Services Offered | High-end crochet clothing made from repurposed vintage Afghans with psychedelic 1970s motifs. Ready-made items include umbrellas, underwear, jeans, blankets, socks, and baby clothing. Bespoke designs also available. |
| Founder/CEO/Designer | Schuyler Ellers |
| Company History | Ellers developed a passion for costume design while studying at Columbia University. After graduation, he moved to Barcelona and worked as a costume designer for low-budget films. Ellers picked up knitting and sewing skills from his housemates but soon discovered that these methods were not efficient for producing clothing. During his visits to secondhand stores, he found Afghan blankets with intricate designs and turned them into “wearable sculptures,” leading to the establishment of Lord von Schmitt in 2010. The company’s name is a play on Ellers’ undergraduate nickname. |
| Sales/Revenue | Lord Von Schmitt had generated $198,000 in revenue over four years, with $37,000 in revenue in 2020. As of March 2022, the company has made an annual revenue of $4 million. |
| Appearance on Shark Tank | Season 11, Episode 22. Ellers sought $100,000 for 10% of his handmade crochet fashions. None of the sharks made a deal with Ellers, but the appearance on the show increased his exposure and helped improve online sales. |
| Net Worth (2022/2023) | Lord Von Schmitt’s net worth as of 2022 is estimated to be around $1 million, according to multiple sources. |
| Availability | Lord Von Schmitt’s products are available on the company’s website and Amazon. |
Lord von Schmitt FAQs
What is Lord von Schmitt?
Lord von Schmitt is a humanoid crocheted clad in a colorful outfit that creates popular crochet designs from repurposed vintage Afghans.
Who is the founder of Lord von Schmitt?
Lord Von Schmitt’s founder, CEO, and designer are Schuyler Ellers. He resides in Nevada City and has launched a variety of items from reusable clothing to knitted shorts via his website, Etsy Shop, and Amazon store.
What Is Lord Von Schmitt’s Business About?
Lord Von Schmitt is a high fashion brand that creates crocheted clothing made from repurposed afghans. The company was founded by Schuyler Ellers, who incorporates the mind-melting patterns and vibrant colors of 1970s-era crochet blankets into fun and comfortable fashion designs.
Lord Von Schmitt’s clothing is known for its retro vibe that evokes nostalgia for Woodstock, Newport, and the Isle of Wight. The company’s designs are popular with the LGBTQIA+ and festival communities, and their clothing can be worn anywhere, from exclusive music festivals to brunch.
Lord Von Schmitt’s clothing items are handmade, affordable, environmentally conscious, and made using repurposed materials. The company offers a broad selection of clothing items, including umbrellas, underwear, pants, blankets, socks, and baby apparel.
What Was Lord Von Schmitt’s Valuation Before Appearing On Shark Tank?
Lord Von Schmitt’s valuation before appearing on Shark Tank was $1 million. During his appearance on the show, he was seeking a $100,000 investment for a 10% stake in his firm, which had the same valuation.
Since then, his net worth has been estimated to be around $1 million, indicating that the company’s valuation has remained the same. Lord Von Schmitt’s business is known for its colorful, exotic, and handmade crochet, and it is popular with the LGBTQIA+ and festival communities.
What Inspired Lord Von Schmitt To Start His Business
Lord Von Schmitt’s business is about creating high-fashion, fun knitwear using crochet techniques. The company’s founder, Schuyler Ellers, started the brand to bring vivid colors together with textured fabric like crochet and to make crochet cool again.
He incorporates the mind-melting patterns and vibrant colors of 1970s era crochet blankets into fun and comfortable fashion designs. Lord Von Schmitt’s clothing is known for its retro vibe that evokes nostalgia for Woodstock, Newport, and the Isle of Wight.
The company’s designs are popular with the LGBTQIA+ and festival communities, and their clothing can be worn anywhere, from exclusive music festivals to brunch. Lord Von Schmitt’s clothing items are handmade, affordable, environmentally conscious, and made using repurposed materials.
The company offers a broad selection of clothing items, including umbrellas, underwear, pants, blankets, socks, and baby apparel.
Did Lord Von Schmitt Get A Deal On Shark Tank
No, Lord Von Schmitt did not get a deal on Shark Tank. He appeared on Season 11 of the show and asked for $100,000 for 10% equity in his business of crocheted clothing made from repurposed afghans. However, none of the sharks made an offer, and he left the show without a deal
How Has Lord Von Schmitt’s Business Progressed Since Appearing On Shark Tank?
Lord von Schmitt appeared on Shark Tank in season 11, where Schuyler Ellers, the founder and head of the company, pitched his crocheted fashions to the sharks. The sharks tried on the products and seemed to enjoy them, which is a trend among customers of Lord von Schmit.
Over the last four years, the company had $188,000 in sales. However, the sharks did not make a deal with Ellers.
Since appearing on Shark Tank, Lord von Schmitt has continued to sell its products on its website and in an Etsy shop. The shop currently has about 3,000 sales. The company has taken Mark Cuban’s advice, and its prices are higher than they were during filming.
According to a several sources, Lord von Schmitt made an annual revenue of $4 million as of March 2022. The company has increased the kind of products they deal with since they first appeared on Shark Tank.
What Is Lord Von Schmitt’s Net Worth After Shark Tank
Lord Von Schmitt is a company that repurposes handmade afghans to make interesting new clothing. The founder and head of the company, Schuyler Eller, pitched the company on Shark Tank seeking a $100,000 investment for a 10% stake in his firm, which had a $1 million valuation.
Unfortunately, none of the sharks made an offer, and Lord Von Schmitt walked out of the tank without a deal.
As of 2022, Lord Von Schmitt’s net worth is estimated to be around $1 million, which is the company’s valuation. Lord Von Schmitt’s net worth before appearing on Shark Tank was also $1 million. Since the company is still operating and growing, its net worth is likely to have increased since then.
Lord Von Schmitt’s colorful, exotic, and handmade crochet designs are popular with the LGBTQIA+ and festival communities. The company’s Etsy shop and Amazon store offer a broad selection of their designs for customers to choose from.
Despite not receiving an investment from the sharks, Lord Von Schmitt is still a small but successful business with a net worth of $1 million as of 2022.
How much was seeking on Shark Tank?
Schuyler was seeking for $100,000 in exchange for 10% equity in his company and valued the company at $1 million.
Is Lord von Schmitt still in business?
Yes, the company is still operating and the founder appears to be happy and enjoying his current working conditions.
Where is Lord von Schmitt located?
The company is located in Nevada City, CA.
How does Lord von Schmitt earn money?
Schuyler earns money by selling his items online via his website and stores like Etsy and Amazon.
What items does Lord von Schmitt offer?
Lord Von Schmitt offers a wide range of products, including clothes such as shorts, sweaters, jackets, skirts, and more. It also sells gloves, hats, scarves, and accessories.
What is Lord von Schmitt’s website?
The link to the official site is http://lordvonschmitt.com/. It allows users to buy clothing and accessories such as jackets, hats, shawls, sweaters, skirts, dresses, and more.
What type of clothing does Lord von Schmitt sell?
It sells clothes ranging from $99 to $300 for their fur products.
Is Lord von Schmitt shipping?
Yes, it offers free shipping on all US orders above $50.
How long does it take to ship?
It takes at least two weeks for the items to be delivered.
Where does Lord von Schmitt ship from?
It ships from North America via the United States Postal Service.
Does Lord von Schmitt accept returns?
Yes, it accepts returns within 14 days of delivery. The cost of return shipping will be at the expense of the buyer.
How do I pay for Lord von Schmitt?
The company accepts payment via PayPal, credit/debit card, and bank transfer.
Is Lord von Schmitt having affiliate program?
No, it does not have an affiliate program.
What is the net worth of Schuyler Ellers?
The net worth of Schuyler Ellers is $13 Million.
