Calm Strips Net Worth 2024 Update (Before & After Shark Tank)
Calm Strips, textured sensory adhesive, was started by Michael Malkin and Luce Fuller in April 2020. As of January 2024, Calm Strips net worth is $3 million and they’re pulling in a whopping $10 million in annual revenue.
In January 2021, they appeared on season 13 of Shark Tank USA and made a deal with Robert Herjavec, for $250,000 for 10% of equity. The final valuation was $2.5 million, same from the founder’s initial estimate of $2.5 million.
Calm Strips is definitely still in business. They seem to be thriving, in fact. Here’s some evidence. They now offer more than just Calm Strips, including Calm Shapes, Calm Circles, Calm Accessories, Education Packs, and more. To purchase their products online, visit their official website.
Calm Strips Net Worth
| Net worth | $3 million (2023) |
| Annual Sales Revenue | $10 million (2023) |
| Profits | Not publicly available |
| Lifetime sales | Not publicly available |
| Investor | Robert Herjavec |
| Founder | Michael Malkin and Luce Fuller |
| Employees | Not publicly available |
Calm Strips Net Worth Timeline
| Net Worth 2023 | $3 million |
| Net Worth 2022 | $2.2 millon |
| Net worth valuation 2021 after appearing on Shark Tank | $2.5 million |
| Net worth valuation 2021 before appearing on Shark Tank | $2.5 million |
Calm Strips Pitch on Shark Tank
| Product | Textured sensory adhesive |
| Episode | Season 13 Episode 13 |
| Founders | Michael Malkin and Luce Fuller |
| Asked for | $250,000 for 10% equity |
| Company name | Calm Strips |
| Final deal | $250,000 for 10% equity |
| Shark | Robert Herjavec |
| Location | Hanover, Massachusetts |
Don’t miss these product from Season 13
Calm Strips Founders
Calm Strips was founded by Michael Malkin and Luce Fuller in 2020. Michael Malkin, who is often credited as the sole creator. However, the journey wasn’t a solo effort, and here’s what we know about the team behind Calm Strips. While Michael is the main face of Calm Strips, Luce Fuller also plays a crucial role. She joined the team early on, leveraging her previous experience with Michael at Apple to help with business development and operations. You can find Luce credited on their website’s “About Us” page. Calm Strips’s founders, Michael Malkin and Luce Fuller, have a net worth of $2 million as of 2024.
Key accomplishments
| Year | Accomplishment |
| 2021 | Appeared on Shark Tank season 13 and Robert Herjavec invested $250,000 for 10% equity |
| 2022 | Continues product innovation and expands international presence. |
| 2023 | Maintains strong online presence, attends conferences, and expands educational programs. |
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 Calm Strips and its continued success.
