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 |
Profits | – |
Lifetime sales | $26 Million |
Investor | Daniel Lubetzky |
Founder | Krish Himmatramka |
Employees | 25 |
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 |
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 |
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.
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 Do Amore and its continued success.