Franki + Seoul is a Korean beauty-inspired natural skincare and beauty products line. This was started by Jayme and Jenny Park in 2016. Franki + Seoul’s net worth was $292,000 at the time of their pitch in 2017, based on the $35,000 offer for 12% of the equity of the company.
They appeared in Season 03 of Shark Tank Australia in 2017. But the Sharks were not interested in investing in Franki + Seoul.
Although the sharks found Franki + Seoul’s products interesting, the business could not seal any deal. However, Jayme and Jenny continued their business after the show. Franki + Seoul was active in business for a few years after the show. In 2019, Franki + Seoul ceased their operations. As of January 2024, Franki + Seoul is no longer available in the market.
Franki + Seoul Net Worth
| Net worth | $292,000, business valuation (2017) |
| Annual Sales Revenue | – |
| Profits | – |
| Lifetime sales | – |
| Investor | – |
| Founders | Jayme and Jenny Park |
| Employees | – |
Franki + Seoul Net Worth Timeline
| Net Worth 2024 | Out of business |
| Net Worth 2023 | Out of business |
| Net worth valuation in 2017 before appearing on Shark Tank | $292,000 |
Franki + Seoul Pitch on Shark Tank
| Product | Korean beauty-inspired natural skincare and beauty products |
| Episode | Season 03 Episode 09 |
| Founders | Jayme and Jenny Park |
| Asked for | $35,000 for 12% equity |
| Company name | Franki + Seoul |
| Final deal | No deal |
| Shark | No shark |
| Location | Sydney, Australia |
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Franki + Seoul Founders
Jayme and Jenny Park founded Franki + Seoul in 2016. Jayme and Jenny are identical twin sisters born in Korea and raised in Australia. Their passion for Korean beauty, as well as their entrepreneurial mindset, allowed them to start Franki + Seoul. Franki + Seoul’s founders Jayme and Jenny Park’s net worths are unknown as of 2024.
Key accomplishments
| Year | Accomplishment |
| 2017 | Franki + Seoul was featured in Shark Tank. |
Conclusion
Some companies that appear on the show have not achieved great success, and the Franki + Seoul was one of them. Sometimes businesses don’t succeed because of many reasons. Sometimes, the deal falls through after the founders say yes on camera. Or, as you’ll see, sometimes things happen to the founders themselves, and they choose to abandon the business. Anything is possible. However, Franki + Seoul went out of business in 2019. And the product is no longer available in the market.
