Brandscent Net Worth 2024 Update (Before & After Shark Tank)
Brandscent’s net worth was $700,000 in 2023 based on the Shark Tank deal. Brandscent, a custom-branded fragrance product line, was started by Suji and Jeeva Sanjeev in 2019.
In 2023, they appeared on Season 5 of Shark Tank Australia and made a deal with Robert Herjavec, $175,000 for 25% equity.
After three sharks attempted to make a deal with the company, the owners ultimately decided to close the deal with Robert. The show gave significant exposure to this business, and as of 2024, it is active in the market. You can get their services via the company website.
Brandscent Net Worth
Net worth | $700,000 (2023) |
Annual Sales Revenue | $500,000 (2023) |
Profits | Not available |
Lifetime sales | Not available |
Investor | Robert Herjavec |
Investment | $175,000 for 25% equity |
Founders | Suji and Jeeva Sanjeevan |
Employees | <10 |
Brandscent Net Worth Timeline
Net Worth 2024 | Not available |
Net worth valuation in 2023 after appearing on Shark Tank | $700,000 |
Net worth valuation in 2023 before appearing on Shark Tank | $1.5 million |
Brandscent Pitch on Shark Tank
Product | A custom-branded fragrance product line |
Episode | Season 05 Episode 08 |
Founders | Suji and Jeeva Sanjeevan |
Asked for | $150,000 for 10% equity |
Company name | Brandscent |
Final deal | $175,000 for 25% equity |
Shark | Robert Herjavec |
Location | Melbourne |
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Brandscent Founders
Suji and Jeeva Sanjeevan founded Brandscent in 2019. Both Suji and his husband Jeeva are not only entrepreneurs but also medical professionals. Sujee is a senior clinical research scientist and an alchemist. Jeeva is a medical doctor and a clinical researcher with over a decade of experience. Brandscent’s founders Sujee and Jeeva Sanjeevan’s net worth is unknown as of 2024. However, based on the deal, they should have a combined net worth of $525,000.
Key accomplishments
Year | Accomplishment |
2022 | Finalist of Wyndham Business Awards. |
2023 | The company was featured on Shark Tank Australia and secured a deal. |
2024 | Currently, the company is working for major brands such as American Express, Arnott’s, and Mimosa Homes. |
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 Brandscent and its continued success.
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