Founded by Trey Brown when he was only twelve years old, Spergo is a clothing brand that’s “made for the go-getters.” The company’s name is a combination of “sports” and “heroes.”
Spergo has a powerful message, which has attracted a lot of attention. In fact, the company has a very strong social media presence, with more than 100,000 followers on Instagram. A few months after its debut on Shark Tank, Spergo reached new milestones in the business. The company also received a $300,000 investment from fashion tycoon Daymond John. The investment gave John Brown 20 percent ownership of the company, which is a great deal for an entrepreneur.
Spergo’s founder, Trey Brown, said he launched the company to inspire his peers to avoid trouble. He had noticed a lot of violence and crime in his home neighborhood and wanted to do something to help. He also wanted to help his peers learn to earn money. His mother helped him get the money he needed to open a t-shirt business.
Spergo made its Shark Tank debut in November of 2021. At that time, the company’s value was $1.5 million. But by 2021, sales had increased to $2 million. Spergo also received a $300,000 investment from Daymond John, a former basketball star and the founder of contemporary sportswear company FUBU. The company has already reached new heights, with a strong social media presence and an increased net worth.
The company has also received a boost with the help of Sean “Diddy” Combs, who provided Spergo with a $25,000 grant to help it grow. The company also received its first-ever Black Excellence Entrepreneurial grant, which helped open its first brick-and-mortar store in Philadelphia.
Spergo also received a boost from Daymond John, who invested $300,000 for a 20% stake in the company. In exchange, Trey Brown was allowed to open a storefront and expand the business. Daymond John also agreed to help Spergo improve its digital marketing, and to help hire a new fashion designer.
The company has also received a huge boost in recognition, as several celebrities have been spotted wearing Spergo. It also appeared on a billboard in Times Square. In addition, it’s been featured in an Invesco advertising campaign on CNN.
Spergo also received an offer from sportswear tycoon Mark Cuban, who offered $300,000 for a 25% stake in the company. But Mark Cuban matched John’s offer. In addition, the company’s website revealed that Trey has sold more than $200,000 in t-shirts in a few months in a row.
Spergo has also received funding from the Philadelphia 76ers as part of the team’s “Buy Black” program. The 76ers have also endorsed the company, which has become a popular brand amongst celebrities. In the future, Spergo may have to be purchased out, but for now, it’s a flourishing business. The company’s net worth is expected to increase even further in the coming years. Currently, Spergo’s estimated net worth is $2 million.
Spergo’s success has also been attributed to the support of its mother, who is now the company’s full-time COO. The company also received a boost from Sean “Diddy” Combs, as he publicly endorsed Trey Peterson. Peterson is Spergo’s chief operating officer, and he said that the company’s profits were reinvested back into the business. The company plans to open several more storefronts and to expand internationally.