Nopalera, a Mexican botanical product business, was started by Sandra Velasquez in August 2019. As of August 2023, Nopalera net worth is $6 million. And they’re pulling in a whopping $1 million in annual revenue.
In 2023, they appeared on season 14 of Shark Tank USA seeking $300,000 for 5% of equity valuing the company at $6 million. But the Sharks were not interested in investing in Nopalera. Many sharks didn’t see this business as an investable business. Therefore, all sharks dropped Nopalera.
In 2023, still in business. Nopalera is a clean bath and body brand that uses prickly pear cactus, an ancient symbol of Mexican heritage, as its star ingredient. The company’s products are made with natural ingredients and are free of harsh chemicals. If you want to buy their products, visit their company website.
Nopalera Net Worth
|Net worth||$6 million (2023)|
|Annual Sales Revenue||$1 million (2023)|
|Profits||Not publicly available|
|Lifetime sales||Not publicly available|
Nopalera Net Worth Timeline
|Net Worth 2023||$6 million|
|Net worth valuation 2023 after appearing on Shark Tank||$6 million|
|Net worth valuation 2023 before appearing on Shark Tank||$6 million|
Nopalera Pitch on Shark Tank
|Product||Mexican botanical products for bath and body|
|Episode||Season 14 Episode 12|
|Asked for||$300,000 for 5% equity|
|Location||New York, United States|
Nopalera was founded by Sandra Velasquez in 2019. Sandra Velasquez is the founder and CEO of Nopalera. She is a Chicana entrepreneur and a graduate of the University of Southern California. Before founding Nopalera, Velasquez worked as a marketing manager for a beauty brand. She is also a co-founder of the Latina startup accelerator, Lacuna Labs. Nopalera’s founder, Sandra Velasquez, has a net worth of $6 million as of 2023.
|2020||Nuestra Jefa and Sandra Velasquez Started the business, funding by themselves in the first year had sales of $19,000|
|2021||sold over $607,000 worth of soap|
|2023||Featured in shark tank season 14|
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 Nopalera and its continued success.