Stealth Bros And Co Net Worth 2022 – Shark Tank Update

Stealth Bros creates high-end Dopp kits that conceal needles and other medical supplies in plain sight without sacrificing style.

For a more in-depth overview of their appearance on the show, what they secured, and where they are now, continue reading.

What Is Stealth Bros And Co?

Stealth Bros. & Co.’s visionary, Braxton Fleming, graduated from Kean University’s Licensed Practical Nursing program in Adult Health in 2008.

Stealth Bros. & Co.’s founder, who uses hormone therapy, was motivated to create the company by his experience trying to conceal and transport injection needles.

As a result, Braxton’s product is catered toward those who need to transport medical supplies, such as injections, and he boasts that his background in the health field was invaluable in developing and marketing the product.

In the episode, Braxton revealed that he is transgender and therefore needs to inject himself at regular intervals every day. But it was difficult for him to transport his syringes, and he had no idea how to dispose of his old needles properly or where to keep his medication.

He also tried using numerous techniques, such as different bags, to transport the items, but they were either too bulky or got in the way of his stylish attire.

As a bonus, Braxton understood that those who enjoy traveling and have busy lifestyles would not benefit from carrying a backpack.

Because of this gap in the market, Braxton founded Stealth Bros & Co., where he now designs and sells high-end Dopp kits with a focus on medical supplies.

Stealth Bros & Co. carries a variety of stylish and high-end Dopp kits. Even though the leather pouches are the brand’s signature products, they are designed with unique storage areas for old syringes and pharmaceuticals.

Since the company’s image rests on its products’ quality, it is no surprise that Braxton will not skimp on standards as his market wares in the high fashion and luxury sectors.

But there are more; the product catalog is seemingly quite versatile. The founder acknowledges that his pouches can be used by those with medical needs, ordinary people, tattoo artists, and barbers.

Stealth Bros And Co Net Worth and Overview

Company Name	Stealth Bros And Co
Owners	Braxton Fleming
Shark	Barbara Corcoran Mark Cuban
Equity	15%
Investment	$200,000
Networth	Unknown

Shark Tank appearance: Did it go through?

Braxton appeared on Shark Tank seeking $200,000 for 15% equity.

He began his presentation by discussing his profound personal transformation since coming to terms with his transgender identity six years earlier and starting extensive hormone replacement therapy via injections.

When Kevin O’Leary, Robert Herjavec, and Lori Greiner were approached about investing, they declined due to a few factors, including the company’s size. However, Barbara was immediately drawn into the pitch’s backstory, but so was Mark!

Ultimately, Braxton agreed to the terms presented by Barbara and Mark, who would invest $200,000 in exchange for 20% equity and provide $100,000 in cash and a $100,000 line of credit.

Where are Stealth Bros And Co company today?

When Stealth Bros & Co. first opened in December 2017, it was warmly welcomed by its core customer base. Due to the lack of competition, Braxton expanded his business rapidly, and his products immediately became best-sellers.

Braxton’s initial sales were so successful that it inspired him to branch out and include more styles in his collection.

There are now two sizes of Dopp Kits available from Steal Bros & Co., the Junior and the Original. While these styles come in various colors and prints, the company also offers sleek shuttles and containers for $4 and $10, respectively.

Prospective buyers need to know that the entry-level model costs $36, and the premium model sells for $32.

Conclusion

Braxton’s achievements up to this point are truly remarkable, and we do not doubt that the company will go on to even greater heights in the not-too-distant future.