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 Revenue | Not available |
| Profits | Not available |
| Lifetime sales | Not available |
| Investors | Catriona Wallace and Davie Fogarty |
| Investment | $80,000 for 33.3% equity |
| Founders | Myla and Liv |
| Employees | – |
Cinnamon Cove Net Worth Timeline
| Net Worth 2024 | Not 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
| Product | Sustainable swimwear brand |
| Episode | Season 05 Episode 06 |
| Founders | Myla and Liv |
| Asked for | $80,000 for 30% equity |
| Company name | Cinnamon Cove |
| Final deal | $80,000 for 33.3% equity |
| Sharks | Catriona Wallace and Davie Fogarty |
| Location | Newcastle |
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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
| Year | Accomplishment |
| 2021 | The 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.
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