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Jada Spices Net Worth 2023 Update (Before & After Shark Tank)

Jada Spices, a health conscious seasoning company, was started by Khasha Touleoei and Maynard Okereke. As of December 2023, Jada Spice’s net worth is $3 million and they were $4 million annual revenue in 2022. 

In November 2021, they appeared on season 12 of Shark Tank USA and made a deal with Barbara Corcoran, $250,000 for 33% equity. The final valuation was $758K, down from the founder’s initial estimate of $1.25 million.

As of 2023, December, the company is still in business. You can purchase products through e-commerce channels such as their website and Amazon.

Jada Spices Net Worth

Net worth$3 million 
Annual Sales Revenue$4 million (2022)
Profits
Lifetime sales
InvestorBarbara Corcoran
FoundersKhasha Touleoei and Maynard Okereke
Employees1-20 employees

Jada Spices Net Worth Timeline

Net Worth 2023$3 million
Net Worth 2022$2.5 million
Net worth valuation 2021 after appearing on Shark Tank  $758K
Net worth valuation 2021 before appearing on Shark Tank  $1.25 million

Jada Spices Pitch on Shark Tank

Company nameJada Spices
ProductVegan chicken salt
EpisodeSeason 12 Episode 04
Founders Khasha Touleoei and Maynard Okereke
Asked for$250,000 for 20% equity
Final deal$250,000 for 33% equity
Shark Barbara Corcoran
LocationLos Angeles, California, United States

Don’t miss these product from Season 12

Jada Spices Founders

Jada Spices was founded by Khasha Touleoei and Maynard Okereke. Maynard Okereke and Khasha became friends back in 2002 when they were at the University of Washington. They shared a goal of creating a business that could make a positive impact on people’s lives. Jada Spices’s founders, Khasha Touleoei and Maynard Okereke, have a net worth about 1 million USD as of 2023.

Key accomplishments

YearAccomplishment
2021The company appeared on Shark Tank Season 12 and got the deal from Barbara Corcoran.
2022As of August 2022, the company makes $4 million annual 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 Jada Spices and its continued success.

What do you think?

Written by GAG Team

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