Kudo Banz, a parenting business, was started by Amanda Naqvi and Humsa Naqvi in April 2017. As of August 2023, Kudo Banz net worth is $2.1 million and they’re pulling in a whopping $1 million in annual revenue.
In 2019 they appeared on season 10t of Shark Tank USA seeking $150,000 for 10% of equity valuing the company at $1.5 Million. Anyway, Matt Higgins the guest shark dropped this idea as he was not confident in their concept. Lori Greiner had interest in another product, and she dropped this because of that. Due to the lower confidence on this concept, rest sharks also dropped this business.
Even without being invested by any sharks, currently, Kudo Banz is still in business. They are selling their product in e-commerce channels like Amazon.
Kudo Banz Net Worth
| Net worth | $2.1 million |
| Annual Sales Revenue | $1 million |
| Profits | $560,000 |
| Shark Tank Investor | No deal |
| Founder | Amanda Naqvi and Humsa Naqvi |
| Employees | <25 employees |
Kudo Banz Net Worth Timeline
| Net Worth 2023 | $2.1 Million |
| Net Worth 2022 | $2.1 Million |
| Net Worth 2021 | $1.7 Million |
| Net worth valuation 2019 before appearing on Shark Tank | $1.5 Million |
Kudo Banz Pitch on Shark Tank
| Company name | Kudo Banz |
| Service | Parenting |
| Episode | Season 10 Episode 16 |
| Founders | Amanda Naqvi and Humsa Naqvi |
| Asked for | $150,000 for 10% equity |
| Final deal | No Deal |
| Shark | None |
| Location | Trumbull, United States |
Kudo Banz Founders
Kudo Banz was founded by Amanda Naqvi and Humsa Naqvi in 2017. Amanda Naqvi is the creator of this concept.her major intention was to overcome struggles when controlling children. And Humsa Naqvi is the co-founder. Kudo Banz’s founders, Amanda Naqvi and Humsa Naqvi, have a net worth of 1 Million USD as of 2023.
Key accomplishments
| Year | Accomplishment |
| 2019 | Appeared on Shark tank season 10, despite not getting selected, got a huge recognition. |
| 2021 | Sold over 500,000 units as of June 2021 |
| 2022 | Able to achieve $1 million 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 Kudo Banz and its continued success.
