Cinnamon Cove Net Worth Update (Before & After Shark Tank)
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Cinnamon Cove Net Worth 2024 Update (Before & After Shark Tank)

Cinnamon Cove’s net worth was $242,424 in 2023, based on the Shark Tank deal. Cinnamon Cove, a sustainable swimwear brand, was started by Myla and Liv in 2021.

In 2023 they appeared on Season 5 of Shark Tank Australia and made a deal with Catriona Wallace and Davie Fogarty,  $80,000 for 33.3% of equity.

Following the pitch and sealing of a deal, the business witnessed significant progress. As of 2024, the business functions actively. You can shop their products through the company website and selected stores. 

Cinnamon Cove Net Worth

Net worth$242,424 (2023)
Annual Sales RevenueNot available 
ProfitsNot available  
Lifetime salesNot available  
InvestorsCatriona Wallace and Davie Fogarty
Investment$80,000 for 33.3% equity 
FoundersMyla and Liv
Employees

Cinnamon Cove Net Worth Timeline

Net Worth 2024Not available 
Net worth valuation in 2023 after appearing on Shark Tank  $242,424
Net worth valuation in 2023 before appearing on Shark Tank  $266,666

Cinnamon Cove Pitch on Shark Tank

ProductSustainable swimwear brand 
EpisodeSeason 05 Episode 06
Founders Myla and Liv
Asked for$80,000 for 30% equity
Company nameCinnamon Cove
Final deal$80,000 for 33.3% equity 
SharksCatriona Wallace and Davie Fogarty
LocationNewcastle 

Don’t miss these products from Season 5

Cinnamon Cove Founders

Myla and Liv founded Cinnamon Cove in 2021. Myla and Liv are friends and business partners. They are only 13 years old and are promising entrepreneurs. Cinnamon Cove’s founders Myla and Liv’s net worth is unknown. However, based on the deal, they had 66% ownership of the company. Accordingly, their net worth is around $52,800.

Key accomplishments

YearAccomplishment
2021The owners could sell their first product within 24 hours. 
2023 The company was featured on Shark Tank and secured a deal. 

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 Cinnamon Cove and its continued success.

What do you think?

Written by GAG Team

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