Bravo, a cashless transaction software, was started by Maria del Carmen Luna and Hector Rodriguez-Luna in 2014. As of August 2023, Bravo’s net worth is $20 million, and they’re pulling in a whopping $2 million in annual revenue.
In November 2017, they appeared on Season 9 of Shark Tank USA and made a deal with Mark Cuban and Lori Greiner, $150,000 for 10% equity + 4% advisory shares. The final valuation was $1.5 million, down from the founder’s initial estimate of $3 million.
You can still download the app, but it has changed its name to FAMIGO. Now, it focuses more on content creators and their followers. However, it still offers global payment and service options.
Bravo Net Worth
|Net worth||$20 million|
|Annual Sales Revenue||$2 million|
|Shark Tank Investor||Mark Cuban and Lori Greiner|
|Founder||Maria del Carmen Luna and Hector Rodriguez-Luna|
Bravo Net Worth Timeline
|Net Worth 2023||$20 million|
|Net Worth 2022||$20 million|
|Net Worth 2021||$19.5 million|
|Net Worth 2020||$19 million|
|Net worth valuation 2017 after appearing on Shark Tank||$1.5 million|
|Net worth valuation 2017 before appearing on Shark Tank||$3 million|
Bravo Pitch on Shark Tank
|Product||Blockchain Technology for Payments and Tips|
|Episode||Season 09 Episode 09|
|Founders||Maria del Carmen Luna and Hector Rodriguez-Luna|
|Asked for||$150,000 for 5% equity|
|Final deal||$150,000 for 10% equity + 4% advisory shares|
|Sharks||Mark Cuban and Lori Greiner|
Bravo was founded by Maria del Carmen Luna and Hector Rodriguez-Luna in 2014. They are a married couple. They thought of the idea in 2013 when they couldn’t give a tip to their trekking guide. Hector, a gastroenterologist, has been involved in other business ventures related to medicine. Bravo’s founders, Maria del Carmen Luna and Hector Rodriguez-Luna, have a net worth of 18 million USD as of 2023.
|2017||The company appeared on Shark Tank Season 09 and got the deal from Mark Cuban and Lori Greiner|
|2021||In 2021, the company changed its name to FAMIGO, as stated in a press release|
|2023||As of 2023, the company earned $2 million in revenue|
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 Bravo and its continued success.