Mad Rabbit Net Worth 2023 Update (Before & After Shark Tank)
Mad Rabbit, Tattoo aftercare, was started by Oliver Zak and Selom Agbitor in 2019. As of September 2023, Mad Rabbit’s net worth is $7.6 Million and they’re pulling in a whopping $3 million in annual revenue.
On March 26, 2021, they appeared on Season 12 of Shark Tank USA and made a deal with Mark Cuban, for $500,000 for 12% equity. The final valuation was $4.16 Million, down from the founder’s initial estimate of $10 Million.
Mad Rabbit is still in business as of September 2023. The company expanded to 100 countries worldwide. Products are available through their website and on Amazon.
Mad Rabbit’s Net Worth
Net worth | $7.6 Million (2023) |
Annual Sales Revenue | $3 million (2022) |
Profits | – |
Lifetime sales | $14 million (2022) |
Investor | Mark Cuban |
Founders | Oliver Zak and Selom Agbitor |
Employees | 40 |
Mad Rabbit Net Worth Timeline
Net Worth 2023 | $7.6 Million |
Net Worth 2022 | $6 Million |
Net Worth 2021 | $5.5 Million |
Net Worth 2020 | $5 Million |
Net worth valuation in 2021 after appearing on Shark Tank | $4.16 Million (Business valuation) |
Net worth valuation in 2021 before appearing on Shark Tank | $10 Million (Business valuation) |
Mad Rabbit Pitch on Shark Tank
Company name | Mad Rabbit |
Product | Tattoo aftercare |
Episode | Season 12 Episode 18 |
Founders | Oliver Zak and Selom Agbitor |
Asked for | $500,000 for 5% equity |
Final deal | $500,000 for 12% equity |
Shark | Mark Cuban |
Location | Itasca Street, Suite E. Chatsworth, CA |
Don’t miss these products from Season 12
Mad Rabbit Founders
Mad Rabbit was founded by Oliver Zak and Selom Agbitor in 2019. Oliver Zak and Selom Agbitor are two best friends. Both have a no-nonsense business method. Mad Rabbit’s founders, Oliver Zak and Selom Agbitor, have a net worth of USD 7.6 Million as of 2023.
Key accomplishments
Year | Accomplishment |
2021 | became a carbon-neutral company |
2021 | Mad Rabbit featured in 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 Mad Rabbit and its continued success.