Monti Kids Net Worth 2024 Update (Before & After Shark Tank)
Monti Kids, The Shark Tank featured Montessori educational platform, was started by Zahra Kassam in 2014. As of March 2024, Monti Kids net worth is unavailable 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.
Monti Kids is no longer in business after 2023.
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Monti Kids Net Worth
Net worth | out of business |
Annual Sales Revenue | $2.6 million (2023) |
Profits | – |
Lifetime Sales | – |
Investor | Kevin O’Leary |
Founder | Zahra Kassam |
Employees | 25 employees |
Monti Kids Net Worth Timeline
Net Worth 2024 | Out of business |
Net Worth 2023 | $6.5 million |
Net Worth 2022 | $6.5 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 |
Founder | Zahra Kassam |
Asked for | $200,000 for 2.5% equity |
Final deal | $200,000 for 2.5% equity + $2.50 royalty until $600,000 repaid |
Shark | Kevin O’Leary |
Location | USA |
Don’t miss these product from Season 10
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’s net worth is $80K as in 2024.
Key accomplishments
2019 | Monti Kids appeared Shark Tank Season 10 |
2023 | As of August 2023, Monti Kids earned $2.6 Million as annual 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 Monti Kids and its continued success.