Bambooee is a reusable paper towel-making company. This was started by Noam Krasniansky and Irene Krasniansky in 2009. As of November 2023, Bambooee’s net worth is $5 million. They’re pulling in a whopping $5 million in annual revenue.
In 2014, they appeared on Season 5 of Shark Tank USA and made a deal with Lori Greiner for $200,000 for 10% of equity. The final valuation was $2 million, as same as the founder’s initial estimate.
This cause-based business has been functioning for nearly 15 years. The Shark Tank pitch gave more visibility to the business, and as of November 2023, Bambooee is still actively running operations. You can purchase their products through the company website, Amazon and Walmart.
Bambooee Net Worth
Net worth | $5 million (2023) |
Annual Sales Revenue | $5 million (2023) |
Profits | $900,000 |
Lifetime sales | – |
Investor | Lori Greiner |
Founder | Noam Krasniansky and Irene Krasniansky |
Employees | <25 |
Bambooee Net Worth Timeline
Net Worth 2023 | $5 million |
Net Worth 2022 | $5 million |
Net Worth 2021 | – |
Net Worth 2020 | – |
Net worth valuation in 2014 after appearing on Shark Tank | $2 million |
Net worth valuation in 2014 before appearing on Shark Tank | $2 million |
Bambooee Pitch on Shark Tank
Company name | Bambooee |
Product | Reusable paper towels |
Episode | Season 05, Episode 18 |
Founders | Noam Krasniansky and Irene Krasniansky |
Asked for | $200,000 for 10% equity |
Final deal | $200,000 for 10% equity |
Shark | Lori Greiner |
Location | Los Angeles, California |
Don’t miss these products from Season 5
Bambooee Founders
Noam Krasniansky and Irene Krasniansky founded Bambooee in 2009. Irene has professional experience in the business sector, particularly in business development and operations. Her husband, Noam, is an experienced architect. He is also a promising entrepreneur with a special focus on sustainable entrepreneurship. He is the Co-Founder of Bambooee and CM National Inc. Bambooee’s founders, Noam Krasniansky and Irene Krasniansky, have a net worth of 4.5 Million USD as of 2023.
Key accomplishments
Year | Accomplishment |
2014 | Bambooee got featured on Shark Tank and secured a deal |
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 Bambooee and its continued success.