Do Amore, sustainable, ethically sourced engagement rings and clean water business, was started by Krish Himmatramka on Jan 1, 2012. As of September 2023, Do Amore net worth is $5 Million and they’re pulling in a whopping $11 Million sales revenue in 2021.
On March 18, 2022, they appeared on Season 13 of Shark Tank 8 USA and made a deal with Daniel Lubetzky, for $600,000 for 15% equity. The final valuation was $4 Million, down from the founder’s initial estimate of $10 Million.
Do Amore partners with organizations that work to protect the environment and support ethical mining practices? The company’s commitment to these values has helped it to build a loyal following of customers. Do Amore is still in business as of August 2023.on their website.
Do Amore’s Net Worth
|Net worth||$5 Million|
|Annual Sales Revenue||$11 Million in 2021|
|Lifetime sales||$26 Million|
Do Amore Net Worth Timeline
|Net Worth 2023||$5 Million|
|Net worth valuation 2022 after appearing on Shark Tank||$4 Million|
|Net worth valuation 2022 before appearing on Shark Tank||$10 Million|
Do Amore Pitch on Shark Tank
|Company name||Do Amore|
|Product||engagement rings and Clean Water|
|Episode||Season 13 Episode 16|
|Asked for||$600,000 for 6% equity|
|Final deal||$600,000 for 15% equity|
|Location||Manorhaven Ln, Houston, Texas|
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 $10 Million as of 2023.
|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|
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 Do Amore and its continued success.