Modern Picnic Net Worth 2024 Update (Before & After Shark Tank)
Modern Picnic’s net worth is $5 million as of February 2024. The company made $6 million in year-to-date sales. They are projecting $2 million in sales in 2024. Modern Picnic is a fashionable lunchbox brand. Ali Kaminetsky founded this in 2018.
In 2024, they appeared on Season 15 of Shark Tank USA seeking $400,000 for 6.5% equity, valuing the company at $6 million. But the Sharks were not interested in investing in Modern Picnic.
Sharks liked Ali’s presentation, but they had certain issues regarding investing in the business, thus Ali had to leave the show without a deal. Nevertheless, appearance on the show gave more brand visbity to the product. Currently, the company is actively running its operations. Products are available for purchase on the company website as well as on Amazon.
Modern Picnic Net Worth
Net worth | $5 million (2024) |
Annual Sales Revenue | $2 million (2024) |
Profits | Not available |
Lifetime sales | $7 million (2024) |
Investor | None |
Investment | None |
Founder | Ali Kaminetsky |
Employees | <10 |
Modern Picnic Net Worth Timeline
Net Worth 2024 | $5 million |
Net worth valuation in 2024 before appearing on Shark Tank | $6 million (business valuation) |
Modern Picnic Pitch on Shark Tank
Product | A fashionable lunchbox brand |
Episode | Season 15 Episode 13 |
Founder | Ali Kaminetsky |
Asked for | $400,000 for 6.5% equity |
Company name | Modern Picnic |
Final deal | No deal |
Shark | No shark |
Location | New York |
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Modern Picnic Founder
Ali Kaminetsky founded Modern Picnic in 2018. After completing her Bachelor’s Degree, Ali started her career at Marcy’s. Ali is a passionate entrepreneur and she has worked as a fellow at different leadership and entrepreneurial communities. Modern Picnic’s founder, Ali Kaminetsky’s net worth is unknown as of 2024.
Key accomplishments
Year | Accomplishment |
2022 | Ali Kaminetsky was nominated for the Young Jewish Professionals (YJP) 40 Under 40 Award for her business. |
2024 | Their products have a 4.9-star rating on Amazon. The company was featured 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 Modern Picnic and its continued success.