Kin Apparel Satin Lined Hoodies is a company manufacturing sating-lined hoodies for natural hair. This was started by Philomina Kane in 2020. As of December 2023, Kin Apparel Satin Lined Hoodies’s net worth is $1 million. They’re pulling in a whopping $4.9 million in annual revenue.
In October 2021, they appeared on season 12 of Shark Tank USA and made a deal with Lori Greiner and Emma Grede for $200,000 for 30% of equity. The final valuation was $666,666, down from the founder’s initial estimate of $2 million.
After its appearance on the Shark Tank, Kin Apparel Satin Lined Hoodies witnessed significant business growth. The company expanded its products and markets with the exposure gained from the show. As of December 2023, Kin Apparel Satin Lined Hoodies is actively running the business. Kin Apparel Satin Lined Hoodies are available on the company website and in selected stores.
Kin Apparel Satin Lined Hoodies Net Worth
Net worth | $1 million (2023) |
Annual Sales Revenue | $4.9 million (2023) |
Profits | – |
Lifetime sales | $5 million (2023) |
Investors | Lori Greiner and Emma Grede |
Founder | Philomina Kane |
Employees | 10-20 |
Kin Apparel Satin Lined Hoodies Net Worth Timeline
Net Worth 2023 | $1 million |
Net Worth 2022 | $1.5 million |
Net worth valuation in 2021 after appearing on Shark Tank | $666,666 |
Net worth valuation in 2021 before appearing on Shark Tank | $1 million |
Kin Apparel Satin Lined Hoodies Pitch on Shark Tank
Company name | Kin Apparel Satin Lined Hoodies |
Product | A company manufacturing sating-lined hoodies for natural hair |
Episode | Season 13 Episode 01 |
Founder | Philomina Kane |
Asked for | $200,000 for 10% equity |
Final deal | $200,000 for 30% equity |
Sharks | Lori Greiner and Emma Grede |
Location | Philadelphia, Pennsylvania |
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Kin Apparel Satin Lined Hoodies Founder
Philomina Kane founded Kin Apparel Satin Lined Hoodies in 2020. Philomina completed her bachelor’s at Princeton University, majoring in Ecology and Evolutionary Biology. Merging her academic background with the traditional roots she inherited from Ghana, Philomina built Kin Apparel Satin Lined Hoodies. She is a promisng entrepreneir as well as a content creator and a social media influencer. Kin Apparel Satin Lined Hoodies’s founder, Philomina Kane has a net worth of over $1 million as of 2023.
Key accomplishments
Year | Accomplishment |
2021 | Kin Apparel Satin Lined Hoodies was featured on Shark Tank and sacred a deal. |
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 Kin Apparel Satin Lined Hoodies and its continued success.