Rounderbum Net Worth

Rounder Bum is a premium line of underwear for men that enhances their special attributes. The company was founded by Jonathan Diersing in 2015 and has made over $1 million in sales from May 2015 to the time of recording, with $700,000 in the preceding year.

Rounder Bum’s estimated net worth was $1.5 million during its pitch on Shark Tank, but it increased to $3 million by the end of the show. As of 2022, RounderBum’s founders Jonathan Diersing have a net worth of 2.25 Million USD and the company’s current net worth is $3 million.

Rounder Bum offers underwear for men that make their bottom rounder using numerous technologies. The company’s main product is men’s padded underpants which are designed to enhance your figure and shape your buttocks in a very comfortable and natural way.

After appearing on Shark Tank, Rounder Bum’s sales skyrocketed to more than $2.5 million in annual revenue and earned a placement in the Top 5 on Amazon’s underwear list.

What is Rounderbum and How does it work?

Rounderbum is a brand that has developed a line of men’s underwear specifically designed for men who want to enhance their physical appearance.

The founder, Andrew Diersing, appeared on the TV show “Shark Tank” and requested a $150,000 investment in exchange for a 10% stake in the company.

He showcased the latest and most advanced technology in men’s shapewear, which includes cushioning, seamless and fusing production, and concealed bands of technology and compression that subtly enhance and define the muscles.

The main goal of Rounderbum is to help men feel and appear more confident and masculine. Andrew Diersing expected the company to generate $1 million in sales in 2018, and the company has already made over $1 million in sales since its launch in May 2015.

Their products are sold exclusively online, with a pair of briefs costing between $20 and $29, and a padded muscle shirt costing $49.

One of Rounderbum’s unique features is its Padded Technology, which uses concealed padding made of flexible polyurethane that adjusts to the wearer’s body shape. This padding is unnoticeable beneath clothing and gives the appearance of a more muscular and toned physique.

The company also employs compression and concealed bands of technology to elevate and define muscles in a subtle and undetectable way.

Overall, Rounderbum is a brand that offers innovative solutions for men who are looking to enhance their physical appearance, with cutting-edge technology and a meticulous manufacturing process that ensures their products are comfortable, durable, and effective.

Rounderbum after Shark Tank

After appearing on Shark Tank, Diersing presented his business idea of Rounderbum and was looking for an investment of $150,000 in return for a 10% stake in the company.

During the show, Robert Herjavec initially offered to invest the desired amount, but Kevin O’Leary criticized his offer as “greedy and vicious.”

O’Leary then presented his own proposal, offering to invest $150,000 in exchange for a 5% share in the company, along with $300,000 in royalty payments at a rate of $2 per unit sold. Diersing ultimately accepted O’Leary’s offer.

Rounderbum Net Worth

Jonathan pitched Rounderbum on Shark Tank Show while seeking a $150,000 investment in exchange for 10% of his company.

That means the company had an estimated valuation of 1.5 million net worth.

The company has since grown and expanded. As of 2021, the net worth of the Rounderbum business should be in tens of millions of dollar valuation.

Rounderbum FAQS

What exactly is Rounderbum?

Rounderbum is an underwear brand known for its men’s range, which is designed for guys who wish to seem more athletic and handsome.

They have men’s range of padded underwear and shapewear.  The cushioning is made to be seamless and to feel natural to the touch.

What exactly is proportional padding?

Proportional padding provides a natural boost to the glutes in all the right areas.

What was the deal?

Jonathan Diersing of Hollywood, California, the inventor of RounderBum, pitched his successful retail firm on Shark Tank in January 2018.

Diersing received two offers: one from Robert Herjavec ($150k for 20%) and another from Kevin O’Leary ($150k for 5% + $2 each unit sold until they reached $300,000).

He accepted Kevin’s offer.

What is Jonathan’s elevator pitch?

He goes on to say that it’s a body sculpting technology that’s “redefining the underwear business.

He explained that they provide several underwear technologies, all of which let the wearer “feel beautiful before going out the front door.

He said that, in addition to typical compression shapewear, they go one step further to enhance the shape of your body from head to toe in places that you desire the most.

Where can you buy Rounderbum?

The product can be bought at Amazon and the company website.

What are people saying about it?

The padded trunks now have a four-star rating on Amazon, with over a dozen reviews.

When was RounderBum featured on the shark tank?

In Shark Tank episode 917, Jonathan Diersing seeks an investor for RounderBum, a line of underwear designed to “improve male attributes.”

How much does a pair of underpants cost?

A pair of underpants will set you back $25.

What was the deal with Rounderbum?

And although the sharks were first skeptical of Rounderbum’s concept, they were eventually persuaded by the company’s good 2017 sales statistics of about $1 million and equally solid profit margins of about 30 percent.

He accepted Kevin’s offers of $150,000 with a $2 royalty until $300,000 is recouped in exchange for a 5% stake in the company.

What are Rounderbum’s products?

Rounderbum’s main product is men’s padded underpants. It is a brand of men’s muscle shirts and padded underwear.

What was the effect of Rounderbum appearing on Shark Tank?

Many brands often fface significant a “Shark Tank” effect, which is an increase in sales as a result of Shark Tank’s inherent marketing, and Rounderbum does too – after appearing on Shark Tank, Rounderbum’s Amazon sales surged by 1000 percent.

Where is Rounderbum located?

Rounderbum was in the process of building a new flagship shop in West Hollywood, as Diersing revealed on the episode.