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 | – |
| Investor | Barbara Corcoran |
| Founders | Khasha Touleoei and Maynard Okereke |
| Employees | 1-20 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 name | Jada Spices |
| Product | Vegan chicken salt |
| Episode | Season 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 |
| Location | Los 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
| Year | Accomplishment |
| 2021 | The company appeared on Shark Tank Season 12 and got the deal from Barbara Corcoran. |
| 2022 | As 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.
