Blueland, founded by Sarah Paiji Yoo and Syed Naqvi in 2018, introduced eco-friendly cleaning products to reduce plastic waste. This appearance on Shark Tank led to increased visibility but did not result in a finalized deal with Kevin O’Leary.
However, the exposure helped them raise $35 million from investors like Prelude Ventures and Global Founders Capital. Therefore, by 2024, Blueland’s net worth reached $10 million, with products available in major retailers like Target and Costco.
This article explores Blueland’s journey, their growth, and future plans to continue their mission of sustainability and innovation
Blueland Net Worth
Estimated Net worth | $10 million (2024) |
Annual Sales Revenue | $10 million (2023) |
Profits | Not Publicly available |
Lifetime sales | Not Publicly available |
Investor | Kevin O’Leary |
Founder | Syed Naqvi and Sarah Paiji |
Employees | 56 employees |
Blueland Pitch on Shark Tank
Company name | Blueland |
Product | Revolutionizing conventional cleaning and personal care products |
Episode | Season 11 Episode 01 |
Founders | Syed Naqvi and Sarah Paiji |
Asked for | $270,000 For 2% equity |
Final deal | $270,000 For 3% equity |
Shark / Sharks | Kevin O’Leary |
Location | New York, New York, US |
Don’t miss these product from Season 11
Blueland Founders
Blueland was founded by Syed Naqvi and Sarah Paiji in 2018. Sarah Paiji is a serial entrepreneur and sustainability advocate. She has a background in marketing and product development, and has worked for companies such as Google and Procter & Gamble.
Syed Naqvi is a software engineer and entrepreneur. He has a background in computer science, and has worked for companies such as Microsoft and Amazon.
Blueland’s founders, Syed Naqvi and Sarah Paiji’s net worth is unavailable. However, according to the deal of the Shark Tank pitch, they had 97% equity in the company. Therefore Syed Naqvi and Sarah Paiji should have more than $9.7 Million net worth as of 2024..
Key accomplishments
Year | Accomplishment |
2019 | Appeared on Shark Tank season 13 and Kevin O’Leary invested $270,000 For 3% equity |
2020 | Became climate neutral certified |
2022 | Expanded into the personal care market |
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 Blueland and its continued success.