Kaf.Tanned is a post-tanning kaftan line. This was started by Jade Castle in 2014. Kaf.Tanned’s net worth was $200,000 in 2017, based on the Shark Tank deal.
In 2017, they appeared on Season 03 of Shark Tank Australia and made a deal with Steve Baxter, $50,000 for 25% of equity + $ 100,000 loan.
Kaf.Tanned had a considerable growth in business after its pitch on the show. However, Kaf.Tanned became inactive by 2020. The company’s social media handles have not been updated since, and there is no functioning website at the moment. As of January 2024, Kaf.Tanned is no longer active in the market.
Kaf.Tanned Net Worth
| Net worth | $200,000 (2017) |
| Investor | Steve Baxter |
| Founder | Jade Castle |
Kaf.Tanned Net Worth Timeline
| Net Worth 2024 | Out of business |
| Net worth valuation in 2017 after appearing on Shark Tank | $200,000 |
| Net worth valuation in 2017 before appearing on Shark Tank | $1.5 million |
Kaf.Tanned Pitch on Shark Tank
| Company name | Kaf.Tanned |
| Product | A post-tanning kaftan line |
| Episode | Season 03 Episode 05 |
| Founder | Jade Castle |
| Asked for | $150,000 for 10% equity |
| Final deal | $50,000 for 25% of equity + $ 100,000 loan |
| Shark | Steve Baxter |
| Location | Melbourne, Victoria |
Don’t miss these products from Season 03
Kaf.Tanned Founder
Jade Castle started Kaf.Tanned in 2014. Jade came up with the idea of Kaf.Tanned when she was just a high school student. At the young age of 21, Jade commenced Kaf.Tanned with the help of her mother and sister. Kaf.Tanned’s founder Jade Castle’s net worth is unknown as of 2024.
Key accomplishments
| Year | Accomplishment |
| 2017 | Kaf.Tanned was featured on Shark Tank and secured a deal. |
Conclusion
Some companies that appear on the show have not achieved great success, and the Kaf.Tanned 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, Kaf.Tanned went out of business in 2020. And the product is no longer available in the market.
