Kanga, a Beverage cooler, was started by Teddy Giard, Logan Lamance, and Austin Maxwell. The company start date is unknown. As of October 2023, Kanga’s net worth is $3.2 Million and they’re pulling in a whopping $11.7M in annual revenue.
On April 7, 2019, they appeared on Season 10 of Shark Tank USA and made a deal with Mark Cuban, for $100,000 for 20% equity. The final valuation was $500,000, down from the founder’s initial estimate of $1 Million.
Kanga Coolers is still in business. Their products are available on the website and Amazon.
Kanga Net Worth
| Net worth | $3.2 Million (2023) |
| Annual Sales Revenue | $11.7M (2022) |
| Profits | – |
| Lifetime sales | – |
| Investor | Mark Cuban |
| Founders | Teddy Giard, Logan Lamance, and Austin Maxwell |
| Employees | 43 |
Kanga Net Worth Timeline
| Net Worth 2023 | $3.2 Million |
| Net Worth 2022 | $2.7 Million |
| Net Worth 2021 | $2 Million |
| Net Worth 2020 | $1.5 Million |
| Net worth valuation in 2019 after appearing on Shark Tank | $500,000 |
| Net worth valuation in 2019 before appearing on Shark Tank | $1 Million |
Kanga Pitch on Shark Tank
| Company name | Kanga |
| Product | Beverage Coolers |
| Episode | Season 10 Episode 18 |
| Founders | Teddy Giard, Logan Lamance, and Austin Maxwell |
| Asked for | $100,000 for 10% equity |
| Final deal | $100,000 for 20% equity |
| Shark | Mark Cuban |
| Location | Miami, Florida, 33131, United States |
Kanga Founders
Kanga was founded by Teddy Giard, Logan Lamance, and Austin Maxwell. The company start date is unknown. They are University students. Kanga Cooler is a class project of the university. Kanga’s founders, Teddy Giard, Logan Lamance, and Austin Maxwell, have a net worth of USD 3.2 Million as of 2023.
Key accomplishments
| Year | Accomplishment |
| 2022 | Kanga company created the world’s first soft cooler |
| 2019 | Kanga appeared on Shark Tank |
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 Kanga and its continued success.