Do Amore, a socially responsible jewelry company featured on Shark Tank, has continued to thrive with its unique mission of providing clean water with every ring sold. As of the latest updates, the company’s net worth stands at approximately $10 million.
While there have been no major acquisitions, Do Amore has attracted significant investment. Moreover, the company successfully completed multiple crowdfunding campaigns to expand its impact. The business remains active, continuing to grow its customer base through its sustainable practices and charitable contributions.
Do Amore’s Net Worth
Estimated Net worth | $10 million (2024) |
Annual Sales Revenue | $12 million (2024) |
Lifetime sales | $26 Million |
Investor | Daniel Lubetzky |
Founder | Krish Himmatramka |
Employees | 25 |
Do Amore Pitch on Shark Tank
Estimated Company name | Do Amore |
Product | Engagement rings and Clean Water |
Episode | Season 13 Episode 16 |
Founder | Krish Himmatramka |
Asked for | $600,000 for 6% equity |
Final deal | $600,000 for 15% equity |
Shark | Daniel Lubetzky |
Location | Manorhaven Ln, Houston, Texas |
Don’t miss these products from Season 13
Do Amore Founder
Do Amore was founded by Krish Himmatramka in 2012. He graduated from Stanford University with a degree in Mechanical Engineering. He worked as a mechanical engineer for a few years before starting Do Amore. Krish is a certified ethical diamond jeweler through the Gemological Institute of America. Do Amore’s founder, Krish Himmatramka net worth is unknown as of 2024. However, based on the Shark Tank deal, he has 85% ownership of the company. therefore he should have an approximate net worth of $3.4 million.
Key accomplishments
Year | Accomplishment |
2021 | Became the first direct-to-consumer engagement and wedding ring company to have a social good mission and offer ethically sourced jewelry. |
2022 | Created a social good mission to provide clean water to communities in need with each purchase of a ring. |
2023 | Started with $18,000 of the founder’s own money in 2013 and has grown to bring in $11.5 million in 2021 revenue. |
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 Spretz and its continued success.