Wise Socks Net Worth During Season 11 of Shark Tank

Among the most successful products on the market is Wise Socks. Founded in 2001, this company is based in Los Angeles and has a net worth of over $2 million. Its products have been sold on Shark Tank and SockGuy.

Sofia Overton

During the 11th season of Shark Tank, a young entrepreneur by the name of Sofia Overton pitched her idea for Wise Pocket Products. She needed funds to boost production. In the end, she walked away with a deal worth $35,000.

Sofia Overton is a 13-year-old entrepreneur who started Wise Pocket Products. She was inspired to create this pocket-holding sock after her cousin put her phone in the boot of her pants. She realized that kids didn’t have pockets for their valuables, and she wanted to find a solution to the problem.

She self-funded the company with $5,000, a sum she earned from business contests. She then began working with a patent attorney and local Chamber of Commerce. She also received support from her parents and Start-Up Junkie. She plans to branch out into leggings with pockets, and she’ll donate a pair of socks to homeless shelters for every pair sold.

Sofia Overton appeared on Shark Tank in January 2020, in which she pitched her company to sharks. She was seeking $30,000 for 15% ownership of her business. She was countered with $35,000 for 25% of her business. She walked away with a deal worth $35,000.

Her company has a target market of kids and adults, and it’s the most obvious answer to the “socks in your boot” problem. It also has a clever marketing campaign, and a strong production team. It’s been featured on numerous television shows, digital marketing blogs, and is even being sold on QVC UK.

Sofia Overton is a socially conscious entrepreneur, and she donates a pair of socks to homeless shelters in exchange for every pair of socks sold. She hopes that the Sharks will invest in her WisePocket socks to help her business grow.

Lori Greiner

Known as the QVC Queen, Lori Greiner is an American entrepreneur. She has sold over two million products on QVC. She is currently a Shark Tank judge. She has invested in Bantam Bagels, Paint Brush Cover, Squatty Potty, and Drop-Stop. She has also patented over 100 consumer products.

Greiner first got her start as an inventor by making earring organizers. Her first product was a plastic organizer that could hold up to 100 pairs of earrings. The organizer was a hit. In the first year, she sold over one million of them. In 18 months, the product paid for her student loan.

After appearing on the show Home Shopping, Greiner launched her own line of products. In the next three years, her line of products generated $10 million in sales. Her products were regularly featured in O The Oprah Magazine and Family Circle. She has also appeared in Parade and the Financial Times.

Greiner has a successful social media presence. Her Twitter and Instagram followers number over 1.7 million. She also has over four million Facebook followers. She has a home in suburban Philadelphia near the QVC headquarters.

Greiner’s most successful investments include Scrub Daddy, which is a line of kitchen sponges that change their texture. Her investment in the company was one of the biggest success stories of Shark Tank. She also invested in Bantam Bagels and Readerest.

In 2014, Lori sold over two million products on QVC. Her products are a range of items from $16 for a small anti-tarnish jewelry box to $299 for a spinning mirror jewelry cabinet. She also markets cosmetics earning millions. She has a 90% success rate.

Lori Greiner’s net worth is estimated to be $150 million in 2022. She is a successful entrepreneur who has worked as an inventor, jewelry designer, and television personality. She has also earned speaking engagements and royalties.

Shark Tank

During a recent episode of Shark Tank, a 13-year-old girl was able to snag a deal for her company, Wise Pocket Products. The company is a line of socks with pockets, and the founder, Sofia Overton, is a budding young entrepreneur.

Sofia Overton was inspired to create a line of socks with pockets after seeing her older cousin put her phone into her boot when she wasn’t looking. She wanted to find a way to solve the problem, and her idea of using pockets in socks became the basis for Wise Pocket Products.

Sofia sprang into action, self-funding her business with $5,000 of her own money and $5,000 from business contests. The 13-year-old is now selling WisePocket socks for $15 a pair, and her product is available in black and white. She also hopes to sell pocketed leggings in the future.

Sofia Overton is also a student, pursuing secondary education in Bentonville, Arkansas. She earned $16,000 in sales before she appeared on Shark Tank. She has since shipped socks to 25 homeless children’s shelters. She has also won several business competitions.

Sofia’s company, Wise Pocket Products, started in 2017. The company sells three types of socks: the Wise Pocket socks, the splatter socks, and the Hawaiian-themed socks. The company sells socks wholesale at $15 a pair. Wise Pocket also donates one pair of socks to a homeless child for every pair of Wise Pocket socks that is sold.

Before the show, Wise Pocket Products had been raising money for several rounds. Their business model was shaky, and they needed a manufacturer. They were confident they could raise $30k. However, they were not sure if they wanted to give away so much of their company.

About the founder

During Season 11 of Shark Tank, the founder of Wise Pocket Socks, Sofia Overton, pitched her business. She is a fourteen year old kidtrepreneur from Bentonville, Arkansas, and has been watching the show since she was six years old. She has a heart for homeless children and is trying to make their lives better.

Wise Pocket Products was founded by Sofia Overton when she was twelve years old. She created the concept of socks with pockets for active kids. She plans on expanding her business to include leggings with pockets. She wants to donate one pair of socks to a homeless child for every pair sold.

Sofia Overton first came up with the idea of a sock with a pocket when she was very young. She was outside with her older cousin and noticed that he was putting his cell phone into his boots. She thought it was a good idea. But she was worried that the phone would slip down her ankle. She realized that she did not have a pocket on her sock and decided to design one.

Sofi Overton’s idea was a success. In just one month, she had raised $10,000, and Sofia pitched her business on Shark Tank. She was selected to appear on the show, and earned $16,000 in sales before appearing. She received help from the Bentonville Chamber of Commerce and Startup Junkie. She also applied for a patent, and received help from the local chamber.

She then launched a crowd funding campaign to raise additional money. She sold two, three, and four-packs of socks for $15, $27, and $42, and also sold T-shirts with her company’s logo for $20.

WisePocket Products is still active, and has donated socks to homeless children’s shelters all over the country. The company’s official motto is Warm Feet = Warm Heart.