Cincha Travel Net Worth 2024 Update (Before & After Shark Tank)
Cincha Travel, a travel belt and belt bag design brand, was started by James H. Baker and Ashley M. Sharma in 2019. As of January 2024, Cincha Travel net worth is $2 million and they’re pulling in a whopping $5 million in annual revenue.
In April 2023, they appeared on season 14 of Shark Tank USA and made a deal with Barbara Corcoran for$100,000 for 25% of equity. The final valuation was $400,000, down from the founder’s initial estimate of $1.3 million.
Cincha Travel is still in business as of 2023. Jordan and Ashley were able to increase profitability and decrease their cost of acquiring new customers because of the show’s exposure. To know more about their business, visit their official website.
Cincha Travel Net Worth
| Net worth | $5 million (2023) |
| Annual Sales Revenue | $2 million (2023) |
| Profits | Not publicly available |
| Lifetime sales | Not publicly available |
| Investor | Barbara Corcoran |
| Founder | James H. Baker and Ashley M. Sharma |
| Employees | Not publicly available |
Cincha Travel Net Worth Timeline
| Net Worth 2024 | $5 million |
| Net Worth 2022 | $5 million |
| Net worth valuation 2023 after appearing on Shark Tank | $400,000 |
| Net worth valuation 2023 before appearing on Shark Tank | $1.3 million |
Cincha Travel Pitch on Shark Tank
| Product | Travel belt and belt bag design brand |
| Episode | Season 14 Episode 19 |
| Founders | James H. Baker and Ashley M. Sharma |
| Asked for | $200,000 For 15% Equity |
| Company name | Cincha Travel |
| Final deal | $100,000 for 25% Equity |
| Shark | Barbara Corcoran |
| Location | Oakland, California |
Don’t miss these product from Season 14
Cincha Travel Founders
Cincha Travel was founded by James H. Baker and Ashley M. Sharma in 2019. James H. Baker serves as the Chief Executive Officer and brings extensive experience in marketing, branding, and sales. Ashley M. Sharma holds the position of Chief Marketing Officer and has a strong background in marketing, communications, and content creation.Cincha Travel’s founders, James H. Baker and Ashley M. Sharma, have a net worth of $1.5 million as of 2024.
Key accomplishments
| Year | Accomplishment |
| 2023 | Appeared on Shark Tank season 14 and invested $100,000 for 25% Equity |
| 2023 | Continuing to experience significant sales growth and building a loyal customer base. |
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 Cincha Travel and its continued success.
