Kinfield, a skincare product brand, was started by Nichole Powell in 2018. As of October 2023, Kinfield’s net worth is $4 million and they’re pulling in a whopping $2.5 million in annual revenue.
In January 2023, they appeared on Season 14 of Shark Tank USA and made a deal with Tony Xu and Barbara Corcoran, $250,000 for 10% equity. The final valuation was $2.5 million, down from the founder’s initial estimate of $5 million.
As of 2023 November, the company is still in business. You can purchase products on e-commerce channels such as their website and Amazon.
Kinfield Net Worth
Net worth | $4 million |
Annual Sales Revenue | $2.5 million |
Profits | $1.5 million |
Lifetime sales | $4.5 million (As of 2022) |
Investors | Tony Xu and Barbara Corcoran |
Founder | Nichole Powell |
Employees | 1-25 employees |
Kinfield Net Worth Timeline
Net Worth 2023 | $4 million |
Net worth valuation 2023 after appearing on Shark Tank | $2.5 million |
Net worth valuation 2023 before appearing on Shark Tank | $5 million |
Kinfield Pitch on Shark Tank
Company name | Kinfield |
Product | Plants base outdoor skincare product brand |
Episode | Season 14 Episode 11 |
Founder | Nichole Powell |
Asked for | $250,000 for 5% equity |
Final deal | $250,000 for 10% equity |
Sharks | Tony Xu and Barbara Corcoran |
Location | Brooklyn, California, USA |
Don’t miss these product from Season 14
Kinfield Founder
Kinfield was founded by Nichole Powell in 2018. he has experience working in various roles within both well-established and emerging companies. Previously, she played a key role in driving growth for Modern Citizen, a direct-to-consumer fashion brand recognized by Forbes, Glamour, and VOGUE as a promising brand. Before that, she worked in marketing at Intuit, where she had responsibilities in marketing analytics for TurboTax and online marketing for QuickBooks.com. Kinfield’s founder, Nichole Powell, has a net worth of 2.25 million USD as of 2023.
Key accomplishments
Year | Accomplishment |
2018 | Started the brand in 2018 |
2023 | The company appeared on Shark Tank Season 14 and got the deal from Tony Xu and Barbara Corcoran |
Conclusion
From their beginnings on Shark Tank to their current status as a thriving business, they have proven that with the right idea and execution, anything is possible. We can’t wait to see the future for Kinfield and its continued success.