Nubrella Net Worth 2025 Update (Before & After Shark Tank)

As per 2025, Nubrella ceased operations after founder Alan Kaufman's passing in 2022.
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"Nubrella" Net Worth 2023 Update

Alan Kaufman created Nubrella, a hands-free umbrella, to improve traditional designs. In 2010, he appeared on Shark Tank, securing a $200,000 investment from Daymond John and Kevin Harrington for 51% equity.

However, the deal fell through post-show. Despite challenges, Nubrella rebranded as The Canope in 2020 and continued operations. Tragically, Kaufman passed away in November 2022, leading to the company’s closure.

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Nubrella Net Worth

Net worth$2 million (2022)
Annual Sales RevenueNot available
Lifetime salesNot publicly available
InvestorKevin Harrington and Daymond John
FounderAlan Kaufman
EmployeesNot publicly available

Nubrella Pitch on Shark Tank

Company nameNubrella
ProductHands-free umbrella and windbreaker system
EpisodeSeason 01 Episode 14
FounderAlan Kaufman
Asked for$200,000 for 25% Equity
Final deal$200,000 for 51% Equity
SharksKevin Harrington and Daymond John
LocationNetherlands, Missouri

Don’t miss these products from Season 01

Nubrella Founder

Alan Kaufman founded Nubrella in 2002. He is an inventor and entrepreneur who has a passion for creating products that solve everyday problems. Kaufman came up with the idea for Nubrella after getting frustrated with traditional umbrellas. He found them to be bulky, difficult to use, and not very effective at keeping him dry.  Nubrella’s founder, Alan Kaufman’s net worth is unknown as of 2025.

Key accomplishments

YearAccomplishment
2010Appeared on Shark Tank season 01 and Kevin Harrington and Daymond John invested $200,000 for 51% Equity
2012Nubrella launches a new marketing campaign to promote its products to a wider audience.
2016Nubrella launches a new line of Nubrella Kids umbrellas.

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 Nubrella and its continued success.

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