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Teespring

Full company profile

uuid0006yhf

Namestring
Teespring
Legal namestring
Amaze Commerce
Websiteurl
teespring.com
Company typeenum
Private
Founded yearint
2014
Descriptiontext

Teespring operates as a creator commerce marketplace that enables content creators, influencers, and community builders to design, launch, and sell custom-branded products—including apparel, accessories, plushies, and collectibles—directly to their audiences without holding inventory, paying upfront costs, or managing fulfillment logistics. The platform was originally founded as a print-on-demand service (circa 2011–2014), was acquired by Spring around 2021 (which subsequently rebranded to Amaze, NYSE American: AMZE), and was relaunched in March 2025 under the Amaze Commerce parent with an AI-driven marketplace experience.

The underlying technology centers on an AI-driven curation and audience insight engine that ingests engagement signals (comments, catchphrases, inside jokes, top-performing content) and converts them into product concepts and recommendations. The platform combines recommendation-engine and generative-AI modalities, with multimodal and image-based AI supporting product customization and discovery. Distribution is handled through strategically placed fulfillment centers in North America and Europe, enabling global shipping from a creator-self-serve storefront model.

Teespring monetizes via a transaction-based model: creators retain 100% of listed profits while the platform captures margin on production, fulfillment, and shipping. The go-to-market is product-led and community-led, leveraging the Creator Spotlight feature to drive organic marketplace discovery, with primary customer segments being independent content creators/influencers, community builders, and direct-to-consumer fashion brands. Specific commission rates and pricing tiers are not publicly disclosed.

Short descriptiontext

Teespring is an AI-driven creator commerce marketplace, operated by Amaze (NYSE: AMZE), that enables content creators and influencers to design and sell custom-branded merchandise globally without inventory or upfront costs.

Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
251–500
akta.pro rankint
HeadquartersSan Francisco, United States
HQ citystring
San Francisco
HQ countrystring
United States
HQ regionstring
North America
Markets served

Serves global market

Offices2 records

Each record includes

City, Country, Type, Description, Source

Keyword5 values
creator commerce platform, print-on-demand merchandise, custom apparel marketplace, creator monetization tools, social commerce platform
Industry2 codes
1Creator Merchandise & Print-on-Demand Platforms
CodeMPACAFAEPrimaryYes
2Creator Commerce & Merch Platforms (Shops, Drops, Print-on-Demand)
CodeMPACABAGPrimaryNo
NAICS code1 code
  • Broadcasting and Content Providers516
SIC code2 codes
  • Retail-Apparel & Accessory Stores5600
  • Wholesale-Apparel, Piece Goods & Notions5130
Product category
Creator Commerce Marketplace
Social media profiles1 record
GTM motion3 records

Each record includes

Type, Description, Source

Revenue model2 records
1Print-on-Demand Product Sales
TypeTransaction Fee
Description

Teespring generates revenue through the sale of custom print-on-demand products including apparel, accessories, and merchandise. Creators retain 100% of their profits while Teespring presumably earns a margin on production and fulfillment costs. The marketplace takes a transaction-based approach with no upfront fees for creators.

ecommercefastlane.com
2Marketplace Commission
TypeMarketplace Commission
Description

Operating as a marketplace platform, Teespring facilitates transactions between creators and consumers. While creators retain 100% of profits, the platform benefits from the overall transaction volume and may earn margins on production, shipping, and fulfillment services.

ecommercefastlane.com
Marketing channels3 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels3 records

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components6 values
Operations, Technology or R&D, Infrastructure, Marketing or Sales, Personnel, Supply Chain
Pricing details2 tiers
1Creator-tier: Free access with 100% profit retention
ModelTransaction based/ take rateBilling cadencePay-as-you-go
Notes

Creators can start selling for free and retain all profits from their product sales. No subscription or listing fees are mentioned. The platform covers production costs and generates revenue through the margin built into product pricing and fulfillment.

ecommercefastlane.com
2Free account with no upfront costs
ModelFreemiumBilling cadencePay-as-you-go
Notes

Creators can create a free account with no inventory requirements, no bulk orders, no storage fees, and no upfront costs. The platform enables creators to launch products and start selling without financial barriers.

amazecommerce.com
GTM typeB2B
B2B
Offering typeDigital Commerce or Conte…
Digital Commerce or Content
Core offering1 text field

Teespring operates an AI-driven creator commerce marketplace that enables content creators, influencers, and community builders to design, launch, and sell custom-branded merchandise, including apparel, accessories, plushies, and collectibles, to their audiences without upfront costs or inventory. The platform provides audience insight tools that transform engagement signals (comments, catchphrases, inside jokes, top-performing content) into product concepts, while global fulfillment is handled through distribution centers in North America and Europe. Creators retain 100% of their profits, and Teespring monetizes through margins on production and fulfillment.

Differentiator
Functional benefit
Problem solved
Quantifiable outcome1 of 2 values shown
  • 100% profit retention for creators
+1 more record
Product overview1 text field

Teespring operates as a creator-powered commerce platform under the Amaze Commerce parent company (NYSE American: AMZE). The core offering is the AI-driven Teespring Marketplace, which enables creators to design, launch, and sell custom-branded products with 100% profit retention. The platform includes the Creator Spotlight feature for creator visibility and an Audience Insights Engine that transforms engagement signals into product concepts. The platform has expanded beyond print-on-demand into broader custom creator merchandise with distribution centers across North America and Europe.

Product and service2 records
1Teespring Marketplace
CategoryCreator Commerce Marketplace
Description

AI-driven creator commerce marketplace that enables content creators and influencers to design, launch, and sell custom-branded products including apparel, accessories, plushies, and collectibles to their fans. Creators retain 100% of their profits, with no inventory, no upfront costs, and no design experience required. Global fulfillment is handled through distribution centers in North America and Europe.

2Amaze Commerce
CategoryCreator Monetization Platform
Description

Creator monetization platform that helps creators turn audience engagement into products, revenue, and long-term brand growth. Provides audience insights from comments, catchphrases, inside jokes, and top-performing content; generates tailored product and design concepts; and publishes products to the creator storefront with no inventory or design experience required.

Scale indicator6 records

Each record includes

Type, Value, Description, Source

Recent move6 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight5 records

Each record includes

Type, Description

Peers10 records
TypeDirect peer
Description

Online marketplace for custom products (apparel, invitations, home goods) where designers and creators sell to consumers. Direct competitor to Teespring Marketplace with a broader custom product catalog.

TypeEmerging player
Description

Emerging creator commerce platform offering storefronts, memberships, and merchandise fulfillment specifically for YouTubers, streamers, and content creators. Targets the same primary customer segment as Teespring with a modern creator-first feature set.

TypeDirect peer
Description

Large custom apparel and merchandise retailer serving groups, businesses, and individuals. Listed alongside Teespring as a major player in the global custom T-shirt printing market and competes for the same creator/small-batch custom merchandise demand.

TypeDirect peer
Description

Print-on-demand and fulfillment platform enabling creators and brands to design and sell custom apparel, accessories, and merchandise. Directly competes with Teespring in POD for creators, with a similar transaction-based revenue model and global fulfillment footprint.

TypeDirect peer
Description

Creator marketplace for graphic tees and apparel where independent designers sell their work. Direct competitor in the creator-driven print-on-demand apparel space, sharing the same target creators and shopper base as Teespring.

TypeDirect peer
Description

Global online marketplace where independent artists sell prints, apparel, and lifestyle products featuring their designs. Directly comparable to Teespring Marketplace as a creator-driven merchandise marketplace with POD fulfillment.

TypeDirect peer
Description

European-headquartered print-on-demand platform offering custom apparel and merchandise to creators and businesses. Comparable to Teespring with similar POD business model, creator tools, and marketplace functionality.

TypeBroad incumbent
Description

Mass custom printing and marketing services platform serving SMBs and consumers with custom apparel, signage, and print products. Competes with Teespring in custom merchandise at scale with significantly broader product breadth and enterprise distribution.

9Spring (Amaze legacy)
TypeOthers
Description

The historical Teespring operator platform that rebranded to Amaze before relaunching Teespring Marketplace in 2025. Not a true external peer but represents the parent platform's prior creator commerce positioning that Teespring now supersedes.

TypeBroad incumbent
Description

Leading e-commerce platform with a vast app ecosystem including print-on-demand apps (Printful, Printify). Many creators use Shopify+POD apps as an alternative to Teespring Marketplace for selling custom merchandise.

Market position
Strengths4 records

Each record includes

Headline, Details, Source

Weaknesses4 records

Each record includes

Headline, Details, Source

Competitive moat5 records

Each record includes

Type, Details

Key risks5 records

Each record includes

Headline, Details, Source

Key highlights6 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Segment3 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile3 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
Yes
API detail
Has APIbool
No

Docs URL, Description

AI capability4 records

Each record includes

Type, Description, Source

AI maturity
App detail

Has app

Feature3 records

Each record includes

Title, Differentiator, Description, Source

Core technology
Revenue estimate
Valuation estimate
Number of profiles
No data
No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds9 records

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors10 records

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A1 record

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Teespring

Creator Commerce Marketplaceteespring.com

Teespring is an AI-driven creator commerce marketplace, operated by Amaze (NYSE: AMZE), that enables content creators and influencers to design and sell custom-branded merchandise globally without inventory or upfront costs.

What Teespring does

Teespring operates as a creator commerce marketplace that enables content creators, influencers, and community builders to design, launch, and sell custom-branded products—including apparel, accessories, plushies, and collectibles—directly to their audiences without holding inventory, paying upfront costs, or managing fulfillment logistics. The platform was originally founded as a print-on-demand service (circa 2011–2014), was acquired by Spring around 2021 (which subsequently rebranded to Amaze, NYSE American: AMZE), and was relaunched in March 2025 under the Amaze Commerce parent with an AI-driven marketplace experience.

The underlying technology centers on an AI-driven curation and audience insight engine that ingests engagement signals (comments, catchphrases, inside jokes, top-performing content) and converts them into product concepts and recommendations. The platform combines recommendation-engine and generative-AI modalities, with multimodal and image-based AI supporting product customization and discovery. Distribution is handled through strategically placed fulfillment centers in North America and Europe, enabling global shipping from a creator-self-serve storefront model.

Teespring monetizes via a transaction-based model: creators retain 100% of listed profits while the platform captures margin on production, fulfillment, and shipping. The go-to-market is product-led and community-led, leveraging the Creator Spotlight feature to drive organic marketplace discovery, with primary customer segments being independent content creators/influencers, community builders, and direct-to-consumer fashion brands. Specific commission rates and pricing tiers are not publicly disclosed.

Teespring firmographics

Firmographics
Name
Teespring
Legal name
Amaze Commerce
Website
https://teespring.com
Company type
Private
Founded year
2014
Operating status
Operating
Headcount range
251–500 employees
Short description
Teespring is an AI-driven creator commerce marketplace, operated by Amaze (NYSE: AMZE), that enables content creators and influencers to design and sell custom-branded merchandise globally without inventory or upfront costs.
Ownership category
akta.pro rank

Teespring industry classification

Industry
Product category
Creator Commerce Marketplace
NAICS
Broadcasting and Content Providers (516)
SIC
Retail-Apparel & Accessory Stores (5600), Wholesale-Apparel, Piece Goods & Notions (5130)
akta.pro primary industry
Creator Merchandise & Print-on-Demand Platforms (MPACAFAE)
akta.pro secondary industry
Creator Commerce & Merch Platforms (Shops, Drops, Print-on-Demand) (MPACABAG)

Keywords

  • Creator commerce platform
  • Print-on-demand merchandise
  • Custom apparel marketplace
  • Creator monetization tools
  • Social commerce platform

Where Teespring is headquartered

Location

Headquarters

HQ city
San Francisco
HQ country
United States
HQ region
North America

Offices2 records

Markets served

Teespring business model

Business model
GTM type
B2B
Offering type
Digital Commerce or Content
Cost components
Operations, Technology or R&D, Infrastructure, Marketing or Sales, Personnel, Supply Chain

Revenue model

  1. Print-on-Demand Product Sales: Teespring generates revenue through the sale of custom print-on-demand products including apparel, accessories, and merchandise. Creators retain 100% of their profits while Teespring presumably earns a margin on production and fulfillment costs. The marketplace takes a transaction-based approach with no upfront fees for creators.
  2. Marketplace Commission: Operating as a marketplace platform, Teespring facilitates transactions between creators and consumers. While creators retain 100% of profits, the platform benefits from the overall transaction volume and may earn margins on production, shipping, and fulfillment services.

Pricing tiers

ModelBillingPrice
Transaction based/ take ratePay-as-you-goCreator-tier: Free access with 100% profit retention
FreemiumPay-as-you-goFree account with no upfront costs

Go-to-market motion3 records

Distribution channels3 records

Marketing channels3 records

Teespring product offering

Product offering

Core offering

Teespring operates an AI-driven creator commerce marketplace that enables content creators, influencers, and community builders to design, launch, and sell custom-branded merchandise, including apparel, accessories, plushies, and collectibles, to their audiences without upfront costs or inventory. The platform provides audience insight tools that transform engagement signals (comments, catchphrases, inside jokes, top-performing content) into product concepts, while global fulfillment is handled through distribution centers in North America and Europe. Creators retain 100% of their profits, and Teespring monetizes through margins on production and fulfillment.

Product overview

Teespring operates as a creator-powered commerce platform under the Amaze Commerce parent company (NYSE American: AMZE). The core offering is the AI-driven Teespring Marketplace, which enables creators to design, launch, and sell custom-branded products with 100% profit retention. The platform includes the Creator Spotlight feature for creator visibility and an Audience Insights Engine that transforms engagement signals into product concepts. The platform has expanded beyond print-on-demand into broader custom creator merchandise with distribution centers across North America and Europe.

Differentiator

Problem solved

Functional benefit

Products and services

  • Teespring Marketplace AI-driven creator commerce marketplace that enables content creators and influencers to design, launch, and sell custom-branded products including apparel, accessories, plushies, and collectibles to their fans. Creators retain 100% of their profits, with no inventory, no upfront costs, and no design experience required. Global fulfillment is handled through distribution centers in North America and Europe.
  • Amaze Commerce Creator monetization platform that helps creators turn audience engagement into products, revenue, and long-term brand growth. Provides audience insights from comments, catchphrases, inside jokes, and top-performing content; generates tailored product and design concepts; and publishes products to the creator storefront with no inventory or design experience required.

Quantifiable outcome

  • 100% profit retention for creators
  • +1 more outcomes

Companies that use Teespring

Customer profile

Segments3 records

Ideal customer profiles3 records

Teespring technology and API

Technology

Technology focussed Yes

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

AI capability4 records

Feature3 records

Teespring partnerships and signals

Strategic signal

Scale indicators6 records

Recent moves6 records

Expansion highlights5 records

Teespring competitors and assessment

Company assessment

Direct peers

  • Zazzle: Online marketplace for custom products (apparel, invitations, home goods) where designers and creators sell to consumers. Direct competitor to Teespring Marketplace with a broader custom product catalog.
  • Custom Ink: Large custom apparel and merchandise retailer serving groups, businesses, and individuals. Listed alongside Teespring as a major player in the global custom T-shirt printing market and competes for the same creator/small-batch custom merchandise demand.
  • Printful: Print-on-demand and fulfillment platform enabling creators and brands to design and sell custom apparel, accessories, and merchandise. Directly competes with Teespring in POD for creators, with a similar transaction-based revenue model and global fulfillment footprint.
  • TeePublic: Creator marketplace for graphic tees and apparel where independent designers sell their work. Direct competitor in the creator-driven print-on-demand apparel space, sharing the same target creators and shopper base as Teespring.
  • Redbubble: Global online marketplace where independent artists sell prints, apparel, and lifestyle products featuring their designs. Directly comparable to Teespring Marketplace as a creator-driven merchandise marketplace with POD fulfillment.
  • Spreadshirt: European-headquartered print-on-demand platform offering custom apparel and merchandise to creators and businesses. Comparable to Teespring with similar POD business model, creator tools, and marketplace functionality.

Emerging players

  • Fourthwall: Emerging creator commerce platform offering storefronts, memberships, and merchandise fulfillment specifically for YouTubers, streamers, and content creators. Targets the same primary customer segment as Teespring with a modern creator-first feature set.

Broad incumbents

  • Vistaprint (Cimpress): Mass custom printing and marketing services platform serving SMBs and consumers with custom apparel, signage, and print products. Competes with Teespring in custom merchandise at scale with significantly broader product breadth and enterprise distribution.
  • Shopify: Leading e-commerce platform with a vast app ecosystem including print-on-demand apps (Printful, Printify). Many creators use Shopify+POD apps as an alternative to Teespring Marketplace for selling custom merchandise.

Others

  • Spring (Amaze legacy): The historical Teespring operator platform that rebranded to Amaze before relaunching Teespring Marketplace in 2025. Not a true external peer but represents the parent platform's prior creator commerce positioning that Teespring now supersedes.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

Teespring social profiles

Digital presence

Teespring financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Teespring leadership team

Management profile

Number of profiles

Teespring funding detail

Funding detail

Funding overview

Funding rounds9 records

Investors10 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

Teespring M&A and investment

M&A and investment

M&A1 record

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Teespring

What does Teespring do?

Teespring operates an AI-driven creator commerce marketplace that enables content creators, influencers, and community builders to design, launch, and sell custom-branded merchandise, including apparel, accessories, plushies, and collectibles, to their audiences without upfront costs or inventory. The platform provides audience insight tools that transform engagement signals (comments, catchphrases, inside jokes, top-performing content) into product concepts, while global fulfillment is handled through distribution centers in North America and Europe. Creators retain 100% of their profits, and Teespring monetizes through margins on production and fulfillment.

Is Teespring a public or private company?

Teespring is a private company. It is classified as corporate owned and is currently operating.

When was Teespring founded?

Teespring was founded in 2014. It employs 251 to 500 people.

Where is Teespring based?

Teespring is headquartered in San Francisco, United States, in the North America region.

How does Teespring make money?

Two revenue lines are on record. Print-on-Demand Product Sales are the primary driver. The others are marketplace Commission.

Who are Teespring's main competitors?

Direct peers on record are Zazzle, Custom Ink, Printful, TeePublic, Redbubble and Spreadshirt. Fourthwall is listed as an emerging player. Broad incumbents are Vistaprint (Cimpress) and Shopify. Spring (Amaze legacy) is listed as an others.

Does Teespring have an API?

No public API is recorded for Teespring.

What industry is Teespring in?

Teespring's product category is Creator Commerce Marketplace. Its primary akta.pro industry code is MPACAFAE, Creator Merchandise & Print-on-Demand Platforms, with a secondary code of MPACABAG, Creator Commerce & Merch Platforms (Shops, Drops, Print-on-Demand). Its NAICS code is 516 and its SIC code is 5600.

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Live signals
eCommerce FastlaneTeespring Marketplace Relaunches: Pioneering AI-Driven Shopping Experiences In The Expanding $250 Billion Creator EconomyAmaze (NYSE American: AMZE) has relaunched the Teespring Marketplace with AI-driven curation, a creator-first model allowing 100% profit retention, and a Creator Spotlight feature to showcase top and emerging creators. The revamped marketplace operates across strategically placed distribution centers in North America and Europe, positioning itself within a creator economy valued at $250 billion and projected to reach $480 billion by 2027. The relaunch represents a strategic expansion beyond print-on-demand into a broader range of custom creator-branded products including potential future offerings sourced through supply chain partnerships.AmazeTeespring Marketplace Relaunches: Pioneering AI-Driven Shopping Experiences in the Expanding $250 Billion Creator EconomyAmaze (NYSE American:AMZE), a creator-powered commerce platform, has relaunched the Teespring Marketplace with AI-driven curation, expanded product catalog, and a creator-first model that allows creators to retain 100% of their profits. The relaunch aligns with the creator economy valued at $250 billion and projected to reach $480 billion by 2027, with enhanced global fulfillment capabilities across North America and Europe. The marketplace introduces features like Creator Spotlight to showcase both top and emerging creators, and plans future expansion into plushies, collectibles, and third-party products through supply chain partnerships.Point72 VenturesThe Expert EconomyPoint72 analysts Gaelen Hendrickson, Avi Gandhi, and Ishan Sinha published a thought leadership piece tracing the evolution of the Creator Economy, driven by content production democratization, distribution platforms like YouTube and TikTok, and monetization tools such as Patreon and Teespring. The piece projects that the Creator Economy will reach $480 billion by 2027 and argues that a new "Expert Economy" is emerging as consumers increasingly seek trusted, niche-specific thought leaders over mainstream channels or AI-generated content. The authors pose forward-looking questions about how generative AI, community-building, and event monetization will shape the next generation of expert-driven businesses.Business InsiderCreator merch company Spring has been hit with 7 lawsuits this yearSpring, the creator merch company, has been sued by seven vendors and partners this year, including DHL, seeking over $1.5 million. The suits allege unpaid fees and breach of contract, with former execs and Amaze also named. Spring says it lacks assets to pay the judgments.IscriptsAmaze acquires Spring (Rebranded TeeSpring)- Story Till NowAmaze Software Inc. has officially acquired Spring, the creator merchandise marketplace formerly known as TeeSpring, in an undisclosed transaction aimed at accelerating Amaze's capabilities in enabling creator success. Following the acquisition, leadership roles were restructured with Spring CEO Chris Lamontagne becoming President of Amaze and other executives assuming key positions within the larger entity. Both companies will continue to operate as separate entities while integrating their leadership teams to promote authentic, shoppable experiences for customers.Business InsiderVendors for a creator merch startup say the company has owed them money for months: 'Is anyone going to get paid?'Three vendors of Spring, the creator merch startup, say the company owes them payments after Amaze acquired Spring's assets. The vendors, who supplied fabric and apparel, say Spring owes over $10,000 each, and Amaze told them it is not responsible for pre-acquisition debts. The vendors are left uncertain whether they will be paid.Business InsiderCreator merch company Spring has laid off staffers and closed its Kentucky production facilitySpring, the creator merch company formerly Teespring, closed its Kentucky production facility and laid off warehouse staffers, as announced on December 30, 2022. The company said no buyer emerged for the facility, and staffers lost benefits. The company did not respond to requests for comment.Business InsiderFormer employees at merch startup Spring say it turned a blind eye to creators who spread misinformation, hate speech, and QAnon conspiracy theories: 'These people make them money'Former Spring employees told Insider that the company allowed creators spreading QAnon conspiracy theories and hate speech to earn revenue, citing Philip Godlewski and the far-right blog We Are Change. Staff said leadership prioritized profits over content moderation, and the company has since removed the flagged products and Godlewski's storefront.Business InsiderCreator merch company Spring has laid off staffers across growth, marketing, and more teamsSpring, the creator merch company formerly Teespring, laid off staffers across growth, marketing, and other teams, including some high-level executives. The company confirmed the layoffs but did not disclose the number affected. CEO Chris Lamontagne said the company is focusing on its creator-facing product.Business InsiderHow much 2 influencers earned last year selling bucket hats, hoodies, and other merch — including $40,000 in a single dayMatt Meagher and Connor DeWolfe earned $253,000 and $81,000 respectively in 2021 from selling merch via Spring, with Meagher making $40,000 in a single day. Meagher's profit came from selling about 10,800 units, while DeWolfe's merch accounts for 85% of his income.