Trunkster is a company which has been built to be making suitcases. Trunkster is just more than a suitcase. It is part of luggage which features a self-contained handle that comes with a digital scale, GPS, charging station and a roll-top design. The company usually has two design from which clients can choose. These two designs are usually carry on Trunkster and also Checked Trunkster.
The two have different uses as one is meant for boarding a plane while the other is meant for checking in at the counter. These suitcases are string enough such that they can withstand hard blows even when one is traveling. Keep on reading to learn more on the net worth of Trunkster in 2020.
Trunkster was started by Gaston and Jesse who hails from Argentina and New York Respectively. The two have been best of friends for a long time now. The company began its operations, but at some time, they felt they were not exploring beyond their limits as a result of lack of finance. This is what drove them to pitch their business to Shark Tank with the main aim of getting funding.
Even before they pitched their idea to the Shark Tank, the business was doing well. After campaigns came to an end, they opened their doors to Indiegogo. In 2015, they were declared the winners of the Shopify Build business competition. After they pitched their idea to Shark Tank, the company received funding totaling 1.5 million dollars, and the first shipment that they did was in 2016.
After they left shark Tank, there is minimal information that is available regarding their whereabouts. Information which is there is via their website which has created with innovation in mind. In the website, they have included designs of different designs. In the website, it had continued to remain unclear when their first shipment took place.
When you compare the designs of 2015 and 2016, it is clear that huge improvements on the designs have been made as they have used aluminum jigs which are meant to ensure that the suitcase will serve the customer for a while. Any purchase that is required to be made can be made through the website.
Trunkster has in a great way revolutionized how luggage looks. Carry on Trunkster normally weighs less as it is eight pounds with a capacity of 43L while Checked Trunkster weighs ten pounds with a capacity of 86L. The checked Trunkster don’t have role top and the charging cables.
Net Worth & Earnings
The net worth of Trunkster is over $10 million. The wealth has been created from the sale and design of suitcases. These suitcases are usually purchased through the official company website. The fact that they have been innovative each year makes them stand out, and this has helped to increase their funding.
There is no doubt that Trunkster has achieved a lot of success after they pitched their ideas to the Shark Tank team. The people who believed in the business and went on to invest their money were Mark and Lori. Combined, they invested $1.4 million with a stake of 5%.