Monti Kids, The Shark Tank featured Montessori educational platform, was started by Zahra Kassam in 2014. As of August 2023, Monti Kids net worth is $6.5 million and they’re pulling in a whopping $2.6 million in annual revenue.
On January 27, 2019, they appeared on Season 10 of Shark Tank USA and made a deal with Kevin O’Leary, $200,000 for 2.5% equity + $2.50 per sale royalty until $600,000 repaid. The final valuation was $8 million, same from the founder’s initial estimate of $8 million.
As of August 2023 Monti Kids is still in business. You can purchase Monti Kids products online through their ecommerce channels such as their website and Amazon.
Monti Kids Net Worth
|Net worth||$6.5 million|
|Annual Sales Revenue||$2.6 million|
Monti Kids Net Worth Timeline
|Net Worth 2023||$6.5 million|
|Net Worth 2022||$6.5 million|
|Net Worth 2021||$6 million|
|Net Worth 2020||$5.5 million|
|Net worth Valuation 2019 before appearing on Shark Tank||$8 million|
|Net wort Valuation 2019 after appearing on Shark Tank||$8 million|
Monti Kids Pitch on Shark Tank
|Company name||Monti Kids|
|Product||An app where kids can learn different things by paying a monthly fee.|
|Episode||Season 10 Episode 12|
|Asked for||$200,000 for 2.5% equity|
|Final deal||$200,000 for 2.5% equity + $2.50 royalty until $600,000 repaid|
Monti Kids Founder
Monti Kids was founded by Zahra Kassam in 2014. Zahra started Monti Kids because she wanted to help kids learn from when they are babies until they start preschool. So she picked toys that give a real Montessori education. Zahra did well in her studies, and she got a top psychology grade from Harvard and also earned a master’s degree from the Harvard graduate school of Education. Monti Kids’s founder, Zahra Kassam, has a net worth of 6.6 Million USD as of 2023.
|2019||Monti Kids appeared Shark Tank Season 10|
|2023||As of August 2023, Monti Kids earned $2.6 Million as annual revenue.|
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 Monti Kids and its continued success.