Shower Toga Net Worth
Kressa Peterson, the founder of Shower Toga, has a net worth of $300,000 as of 2022. The company was valued at $242,424 during its appearance on Shark Tank and is currently worth $200,000.
Shower Toga’s lifetime sales equated to about $80,000 at the time of its appearance on Shark Tank.
What is Shower Toga and Who is the founder of Shower Toga?
Shower Toga is a unique device that allows individuals to maintain complete privacy while changing or showering in public. This makes it an ideal tool for those who enjoy outdoor activities such as runners, beachgoers, hikers, and cyclists.
Additionally, it can be used as a bag for dirty clothing or a wet suit. Simply wrap the Shower Toga around your waist or armpits, tighten the drawstring, and change or shower as needed.
Kressa Peterson is the founder of Shower Toga. Prior to launching Shower Toga, Kressa worked in direct mail advertising with her husband in the 1980s.
Later on, she utilized her knowledge to run Kressa Peterson International Sport Horses from 2010 to 2017, a company she was passionate about since she was a rider herself. Even now, Kressa is still the CEO of Shower Toga and oversees its daily operations.
Kressa came up with the idea for Shower Toga after being diagnosed with cancer and participating in Spartan races to keep herself distracted. She realized that there was no efficient way to clean herself after becoming really muddy from the races.
Thus, she created her first prototype out of diaper cover material and started wearing it after her races. The Shower Toga, which she designed, is made of water-wicking nylon fabric and is long enough to wrap around a person’s body.
It is constructed with locking cords for fastening and has compartments for soap and shampoo, as well as side access pockets for the showerhead.
Kressa successfully launched the company through a Kickstarter campaign that raised $14,735. In July 2017, she delivered the first batch of Shower Togas to her backers. The product gained popularity among people who love outdoor activities and is now widely available on Amazon for $35.
Shower Toga Shark Tank pitch
After a successful Kickstarter campaign, Shower Toga founder Peterson partnered with several organizations, including The Shark Bite Half Marathon, Savage Race, and The Mud Titan Run. She also pitched her product to Shark Tank investors, hoping to secure a partnership.
During the pitch, Peterson requested $80,000 for a 33% stake in her company, which was valued at $242,424. She explained that she had earned $80,000 in her first year of business, and the Sharks were impressed with her profit margins. She sold Shower Toga for $35 at retail, $16 at wholesale, and $2.85 at home.
Although Kevin suggested that a garbage bag could serve the same purpose, Peterson was unconvinced. She became emotional as she described her battle with cancer and shared her vision for Shower Toga to be used by FEMA in the aftermath of natural disasters.
Ultimately, Mark and Alli teamed up to offer $80,000 for a 40% stake in the company at a valuation of $200,000, which Peterson accepted. Following the successful pitch, Shower Toga continued to sell on its website and on Amazon.
During the 2020 Covid-19 pandemic, Shower Toga offered front-line employees and first responders half-priced items so that they could shower before returning home and reducing the risk of spreading the virus to their families.
As of 2021, the company is still in operation and has not undergone a rebranding. Additionally, it has experienced revenue growth.
Table Summary:Shower Toga Shark Tank
| INFORMATION | VALUE |
| Founder of Shower Toga | Kressa Peterson |
| Shower Toga’s Product | A device that allows individuals to maintain complete privacy while changing or showering in public |
| Net Worth of Kressa Peterson | $300,000 as of 2022 |
| Lifetime sales of Shower Toga | $80,000 at the time of its appearance on Shark Tank |
| Valuation of Shower Toga | $242,424 during its appearance on Shark Tank<br>$200,000 after the deal with Mark and Alli |
| Shark Tank pitch | Shower Toga requested $80,000 for a 33% stake<br>Mark and Alli offered $80,000 for a 40% stake |
| Competitor of Shower Toga | The Swim Outlet Company (a division of Herschel Supply Co.) |
| Revenue of Shower Toga (2022) | $2.5 to $5 million |
| Annual Revenue of Shower Toga (2023) | $250,000-$500,000 |
Note: All information is based on the provided context and is subject to change.
Competitors of Shower Toga
Shower Toga’s competitor is; The Swim Outlet Company (a division of Herschel Supply Co.)
Net Worth of Shower Toga
During the pitch, the company was valued at $242,424 and after the transaction, with Mark and Alli the company valuation was $200,000 and they have had vigorous sales since then.
Shower Toga Shark Tank Updates
Shower Toga is a product designed for people who need to shower in public, such as those who camp outdoors, run Spartan races, or attend music festivals. The product is made from water-wicking nylon fabric and wraps around the body, cinching tight with locking cords.
It is long enough to cover a woman or man’s body and has pockets for soap and shampoo, as well as side access pockets that allow the user to shower sensitive areas. After the user has showered and changed into fresh clothes, they can transform Shower Toga into a duffel bag to carry their dirty clothes.
Shower Toga appeared on Shark Tank in episode 1016, where founder Kressa Peterson presented the product to the Sharks. The company started with a Kickstarter campaign that raised $14,735 and is now available for sale on Amazon.
As of August 2022, the company was generating a revenue of $2.5 to $5 million and had not changed its name.
During the 2020 Covid-19 pandemic, the company provided half-price products to frontline workers and first responders so they could shower up before entering their homes, lessening the chances of spreading the virus to their families.
As of March 2023, the company is still in business and has an annual revenue of $250,000-$500,000.
The founder of Shower Toga, has a net worth of $300,000 as of 2022. The company was valued at $242,424 during its appearance on Shark Tank and is currently worth $200,000.
Shower Toga FAQs
What Is Shower Toga Shark Tank?
Shower Toga is a product that allows outdoor adventurers to shower and change discreetly. It is a lightweight, machine-washable, unisex product that can be used for changing, showering, and redressing.
Shower Toga is made of nylon fabric that wicks water and has small pockets attached to the body’s “shower curtain” to keep soap and shampoo. There are also pockets to access and shower the private parts. The cloth clings to the body by locking it with cords.
Kressa Peterson, an active participant in outdoor races like the Mud Run, created Shower Toga because she wanted a way to shower off discreetly without bearing it all. Shower Toga was featured on Shark Tank in episode 1016, where Peterson presented her product to the Sharks.
The Sharks were skeptical about the product’s potential, but Peterson was able to secure a deal with guest shark Alli Webb of Drybar fame.
As of August 2022, Shower Toga is generating a revenue of $2.5 to $5 million and is available for sale on Amazon.
How Does Shower Toga Shark Tank Works?
Shower Toga is a product that allows outdoor adventurers to shower off discreetly without bearing it all. It is made from water-wicking nylon fabric and wraps around the body, cinching tight with locking cords. The product is long enough to cover a woman or man’s body and has pockets for soap and shampoo, as well as side access pockets that allow the shower head or hose to reach “sensitive areas”. Shower Toga is machine washable, lightweight, and easy to use.
Kressa Peterson, the entrepreneur behind Shower Toga, appeared on Shark Tank in season 10 and asked for $80,000 for 33% equity. Mark Cuban and Alli Webb made a deal with Peterson, offering $80,000 for 40% equity.
A single Shower Toga costs about $3 to make and can be sold for $35 per unit, providing impressive margins. Shower Toga has received preorders for 1,000 units from a company that manages large outdoor events.
After appearing on Shark Tank, Shower Toga continued to grow. The product is designed for awkward moments when outdoor adventurers want or need to rinse off in public, such as camping, music festivals, surfing, hiking, biking, and running.
Shower Toga is a practical solution for those who want to clean up discreetly after outdoor activities.
What Happened To Shower Toga After Shark Tank?
Shower Toga is a product designed for people who need to shower in public, such as those who camp outdoors, run Spartan races, or attend music festivals. The product is made of water-wicking nylon fabric and includes drawstrings and pockets to hold soap and shampoo.
It wraps around the waist for men and around the armpits for women, providing complete privacy while showering in public. After showering and changing into fresh clothes, the Shower Toga can be transformed into a duffel bag to carry dirty clothes and protect the vehicle from getting muddy.
Shower Toga appeared on Shark Tank in Season 10, where Kressa Peterson pitched the product and asked for $80,000 in exchange for 33% equity. Mark Cuban made a deal with Peterson, offering $80,000 for 40% equity.
The company has continued to grow since coming out of the COVID-19 pandemic, and revenue has slowly increased.
As of March 2023, the company is still in business and has not changed its name, with an annual revenue of $250,000-$500,000 per year. During the pandemic, Shower Toga sold its product to frontline workers at half price.
What Is The Current Valuation Of Shower Toga Shark Tank?
Shower Toga is a product that provides privacy for showering, changing, and redressing in public. It is made of nylon fabric that wicks water and has small pockets attached to the body’s ‘shower curtain’ to keep soap and shampoo. The product is available for sale on Amazon and costs $35.
Shower Toga appeared on Shark Tank in March 2019, where the founder, Kressa Peterson, asked for $80,000 for 33% equity.
The lifetime sales of Shower Toga at the time of its appearance on Shark Tank were about $80,000, and the company was valued at $242,424. The sharks Mark Cuban and Alli Webb invested $80,000 for 40% equity.
As of 2022, Kressa Peterson, the founder of Shower Toga, has a net worth of $300,000, and the company is currently worth $200,000. The company’s valuation asked on Shark Tank was $242,424, which was later updated to $200,000.
Is Shower Toga Shark Tank Still In Business?
Yes, Shower Toga from Shark Tank is still in business. The deal with Mark Cuban did close, and he has been more like a partner than an investor. The company is listed on Mark Cuban’s website and is still for sale on Amazon and the company website.
Shower Toga is doing well in the market and has a vision of showering anywhere and everywhere. The company has slowly grown its revenue since coming out of the COVID-19 pandemic, and Kressa Peterson, the founder of Shower Toga, has a net worth of $300,000 as of 2022.
Shower Toga is a product made from water-wicking nylon fabric that wraps around the body and cinches tight with locking cords.
It is long enough to cover a woman or man’s body, and there are pockets for soap and shampoo and side access pockets that let you get the shower head or hose into “sensitive areas”. The product started with a Kickstarter campaign that raised $14,735, and it costs $35.
Shower Toga has done amazing things, especially during the COVID-19 pandemic. The company was able to donate thousands of Shower Togas to help healthcare workers
What is Shower Toga?
Shower Toga is a device that allows individuals to change and shower in public while being completely private, making it ideal for runners, beachgoers, hikers, cyclists, and others.
It’s also useful as a bag for dirty clothing or a wet suit. Simply wrap the toga around the waist or armpits, tighten the drawstring, and change or shower as needed.
Who is the founder?
Kressa Peterson founded Shower Toga.
What is her offer on Shark Tank?
Peterson was seeking for $80,000 for a 33% stake in her company, valued at $242,424.
Did she get an offer?
Yes, she got an offer from Mark and Alli.
What is the price offered?
Mark and Alli offered $80,000 for 40% stake in her company at a valuation of $200,000. They closed the deal.
Is still in business?
Yes, she is still in business.
Are the Sharks interested in their product or service?
Yes, Mark and Alli were interested in their product.
Where can I buy Shower Toga?
Shower Toga is sold at Amazon as well as their online store.
How does it work?
To use the device, they simply wrap the toga around the waist or armpits, tighten the drawstring, and change or shower as needed. There are compartments for soap and shampoo, as well as side access pockets for removing the shower head (with a Snap-On liner).
What are the features of Shower Toga?
The Shower Toga is constructed of water-wicking nylon fabric.
It wraps around the body and fastens with locking cords. It’s long enough to wrap around a woman’s or man’s body.
What is the price range?
It’s priced at $35 on Amazon.
How is business model?
The company operates on an e-commerce model with sales to all 50 states in the U.S.
How are they planning to grow?
The firm has grown by partnering with other races and events that hold to the same philosophies.
Is safe to buy online?
Yes, it’s safe to buy online.
How are they planning to scale?
The founders are looking to expand their operations through partnerships with other races and events. They are currently selling Shower Toga at Amazon, where they have sold over 10,000 items in the past year.
What is their MVP (Minimum Viable Product)?
The company released its first product in May of 2016, and they sell it through Amazon at $35.
What are the strengths?
The founders are credited with being the first to enhance public sanitation by offering the Shower Toga.
What are their weaknesses?
The lack of a physical retail location is their greatest weakness. The firm is looking to partner with festival organizers and outdoor athletes, who would not have access to brick-and-mortar locations.
What are their future plans?
The founders plan on working with other races and events to promote safety in bathing areas through Shower Toga.
Is it legit?
Yes, 100% legit.
Where can I find out more?
Shower Toga’s official website is http://www.showertoga.com/.One can also find them on Facebook, Twitter, and Instagram where one can also see pictures of the creator of Shower Toga.
How did she become so successful?
She created Shower Toga after battling cancer.
Where does she live now?
Kressa is currently living in Tucson, Arizona with her husband and son. They are enjoying their new home in the mountains of Tucson.
What is the net worth of Kressa Peterson?
Kressa Peterson’s net worth is estimated at $500,000.
