Round21 Shark Tank Net Worth – What Happen To Round21 After The Shark Tank?
What is Round21 Shark Tank Net Worth?
Round21, a company that merges artists and athletes to create unique sports products and apparel, appeared on Shark Tank in 2021. At the time of their appearance, the business valuation was estimated to be around $2.5 million.
This is a lower valuation compared to what the Founder Jasmine Maietta estimated when she sought $250,000 from Shark in exchange for 3% equity of the company (estimated $8.33 million valuation).
Since then, Round21 has seen an increase in orders and is now selling its products on its own website Art as Sport – round21, Amazon, and multiple retail sports stores.
The founder, Jasmine Maietta, appeared on season 13 of Shark Tank and got a deal with Kevin O’Leary. However, the deal with Kevin O’Leary has not yet been closed.
As of 2023, Round 21’s net worth is estimated to be around $2.5 million. After appearing on Shark Tank, Round21 partnered with established sports firms like Fanatics, Dick’s Sporting Goods, and NBALAB.
The company has its own website Art as Sport – round21 and is in multiple retail sports stores. Jasmine Maietta’s net worth is estimated to be between $50,000 and $100,000.
Round21 Shark Tank Updates
Round21 is a company that sells artist sports gear and NFTs through collaborations that benefit artists and athletes. The company was pitched on Shark Tank and received an investment of $250,000 for 10% equity and 1.5% of NFT sales from Kevin O’Leary.
During the pitch, Jasmine Maietta, the entrepreneur behind Round21, revealed that the company was projected to do $510,000 by the end of the year.
Since appearing on Shark Tank, Round21 has partnered with several sports-related companies, including NBALAB, Budweiser, and Dick’s Sporting Goods. The company’s products are sold on Amazon and their own website, with limited-edition drops announced ahead of time.
Round21’s catalog includes customized T-shirts, sports bags, basketball hoops, backboards, and more. The costs of Round21’s products are pocket-friendly, with each basketball and soccer ball priced at $59.
On January 5, 2022, Round21 tweeted that the season starts on January 29 at New Heights Gym in Brooklyn. However, there is no further information on what this season refers to or what events will take place.
Overall, Round21 seems to be expanding its customer base and partnerships while continuing to offer unique and artistic sports gear and NFTs.
Round21 Shark Tank Table Summary:
| CATEGORY | DETAILS |
| Company Name | Round21 |
| Founded | 2020 |
| Founder | Jasmine Maietta |
| Business | Lifestyle brand that merges art and sports |
| Valuation | $2.5 million |
| Shark Tank | Investment of $250,000 for 10% equity by Kevin O’Leary |
| Partnerships | Fanatics, Dick’s Sporting Goods, NBALAB, Budweiser |
| Products | Artistic sports gear, NFTs |
| Notable Athlete Collaborations | Tom Brady, Derrick Henry, Russell Wilson |
| Net Worth | $2.5 million for the company, $50,000 to $100,000 for the founder |
What Is Round21? Who Is The Founder Of Round21?
Round21 is a lifestyle brand that blends creativity with sports culture. It was founded in 2021 by Jasmine Maietta, a former pro athlete who left the corporate world to celebrate the originality within each player through art and bring people together through play.
Round21 partners with a talented group of creators, athletes, and artists to unlock sports as a canvas. The company provides artistic and unique designs to the sports products used for NBA, NFL, etc., which attract and redirect the sports fans to her products.
Round21’s products include artistic ping pong paddles, soccer balls, basketballs, and footballs. The company’s goal is to honor the unique identities of sports fans everywhere by bringing art to the unexpected canvas of sports.
Round21 partners with influential brands ranging from emerging to established ones. The company has its own website and sells its products on Amazon and multiple retail sports stores.
In addition to selling physical products, Round21 also sells NFTs that acts as a social brand and give customers access to early product drops or physical events that they launch.
The company is expanding its network of artists, partners, and athletes. Some notable athletes who have collaborated with Round21 include Tom Brady, Derrick Henry, and Russell Wilson.
What Happened To Round21 At The Shark Tank?
Round21 is a company that connects sports fans, athletes, artists, and entrepreneurs by creating digital artwork and sports equipment. The company was founded in 2020 by Jasmine Maietta after she spent decades with athletes, entrepreneurs, artists, and entertainers who love sports.
Founder Jasmine Maietta sought $250,000 for 3% equity in the company, which had an estimated valuation of $8.33 million at the time.
The good news is that the aspiring entrepreneur managed to explain the basics of NFTs to the Sharks without much difficulty.
However, it took them some time to fully grasp her intricate business model. Lori was impressed with Jasmine but didn’t feel like she was the right fit, so she decided to back out. Robert also didn’t see this as a good fit for him and declined to invest.
Daymond felt it was too early to invest and also opted out. Mark was interested but wanted to know why the sales weren’t higher.
Jasmine informed him that she had purchase orders with major sports retailers, but Mark was already doing something similar with the Mavs, so he declined to invest.
Kevin, on the other hand, expressed interest and even mentioned that he owned the URL NFT.com and was already heavily involved in that space. However, he offered only $250,000 for 15% equity, which Jasmine thought was too steep.
After a commercial break, Kevin proposed a revised deal of $250,000 for 11% equity plus 2% of all NFT sales. Jasmine countered $250,000 for 5% equity, an advisory share, and 10% of all NFTs sold.
Kevin made another counteroffer, this time offering $250,000 for 10% equity and 1.5% of NFT sales. Jasmine eventually accepted the offer, and Kevin promised to develop a strategy to help grow the business.
What Happened To Round21 After The Shark Tank?
Round 21, a company that creates digital artwork and sports equipment as a platform for professional athletes to promote their message, appeared on season 13 of Shark Tank in 2020.
After appearing on Shark Tank, Round 21 received a deal with Kevin O’Leary and orders for their products skyrocketed.
The company has since partnered with established sports firms like Fanatics, Dick’s Sporting Goods, and NBALAB, and is estimated to be worth $2 million as of 2023.
How Does Round21 Works?
Round21 is a lifestyle brand that combines art and sports to create unique and personalized sporting goods. The company was founded in 2020 by Jasmine Maietta, a former pro athlete and assistant team coach.
Round21 partners with emerging and established brands to create artistically decorated athletic equipment, such as basketball hoops, backboards, T-shirts, sports bags, and more. The company also sells NFTs through collaborations that benefit artists and athletes.
Round21 uses the drop method of sales, where most collections are produced in limited quantities and made available for purchase at a specific date and time.
The limited-edition drops are announced ahead of time, while a few products are made available throughout the year. Round21 products are sold on Amazon as well as their own website.
Jasmine Maietta created Round21 to give athletes a way to express their identity with what they play with. The company collaborates with multicultural creative artists, some of whom have been professional athletes themselves, to create unique and personalized sporting goods.
Round21’s mission is to bring art to the unexpected canvas of sport and to honor the unique identities of sports fans everywhere.
What Is The Current Valuation Of Round21?
Round21’s current net worth as of 2022 is $750,000 USD. However, another source states that the valuation of the company is $2,500,000 USD. It is unclear which source is more accurate, but it is possible that the company’s net worth has decreased since its appearance on Shark Tank in March 2022.
Round21 is a sports accessibility brand that designs physical and digital products for sports fans. The company was founded in 2020 by Jasmine Maietta and raised $1.39 million through a simple agreement for future equity.
In 2022, Round21 appeared on Shark Tank seeking $250,000 for 3% equity, but the deal did not go through.
Round21’s revenue was about $510,000 in 2022, but the company was not yet profitable and was burning about $10,000 in cash every month. The company has since expanded into the NFT market and has teamed up with Bored Ape Yacht Club and Coinbase for its blockchain operations.
Round21’s NFTs are listed on multiple platforms, including RareRooms and OpenSea. The company is also selling physical products such as soccer balls and basketballs.
Is Round21 Still In Business?
Round 21 is still in business. The company was featured on Shark Tank in 2021 and managed to strike a deal with Kevin O’Leary. Since then, the company has grown to have a net worth of approximately $2,500,000.
Round 21 partners with talented creators, athletes, and artists to unlock sports as a canvas and provide unique designs for sports products used for NBA, NFL, etc. The products are stylish and the variety of designs matches the customer’s personal style.
However, the products are expensive. Round 21 is for sports fans who want an authentic platform to support their favorite athletes and artists and buy unique designs and sports products.
