“Cabinet Health” got featured on Shark Tank America in January 2023. It has a net worth of around 23.6 Million USD as of 2023. Since appearing on Shark Tank, Cabinet Health has experienced tremendous growth and success. They have secured additional funding and partnerships, leading to an estimated net worth of 23.6 Million USD.
Shark Tank is a popular TV show where aspiring entrepreneurs pitch their business ideas to a panel of successful investors, known as “sharks.”
| Cabinet Health’s Net worth before appearing on Shark Tank | 20 Million USD (business valuation) |
| Cabinet Health’s Current Net worth (2023) | 23.6 Million USD |
| Episode | Season 14 Episode 11 |
| Company name | Cabinet Health |
| Product | Sustainable healthcare plastic free packaging |
| Founder | Achal Patel and Russ Gong |
| Asked for | $500k for 2.5% equity |
| Final deal | $500,000 for 7% equity + 2% Royalty |
| Shark | Tony Xu and Kevin O’Leary |
| Business status | In Business |
| Location | New York City, New York |
Cabinet Health’s founders, Achal Patel and Russ Gong have a net worth of 5 Million USD as of 2023.
Key accomplishments:
| Year | Accomplishment |
| 2018 | Started in 2018 |
| 2022 | Raised 17 million USD from fundraising |
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 of Cabinet Health and its continued success.