Nubrella, a hands-free umbrella and windbreaker system, was started by Alan Kaufman in 2002. As of October 2023, Nubrella net worth is $1.5 million and they’re pulling in a whopping $11.8 million in annual revenue.
In February 2010, they appeared on season 01 of Shark Tank USA and made a deal with Kevin Harrington and Daymond John, for $200,000 for 51% of equity. The final valuation was $392,157, down from the founder’s initial estimate of $800,000.
Nubrella is still in business. It is a company that sells a wearable umbrella that protects the user from the rain from all sides. The Nubrella has since sold over 1 million units worldwide. To know more about their company, visit their official website.
Nubrella Net Worth
| Net worth | $1.5 million (2023) |
| Annual Sales Revenue | $11.8 million (2023) |
| Profits | Not publicly available |
| Lifetime sales | Not publicly available |
| Investor | Kevin Harrington and Daymond John |
| Founder | Alan Kaufman |
| Employees | Not publicly available |
Nubrella Net Worth Timeline
| Net Worth 2023 | $1.5 million |
| Net Worth 2022 | $1.5 million |
| Net worth valuation 2010 after appearing on Shark Tank | $392,157 |
| Net worth valuation 2010 before appearing on Shark Tank | $800,000 |
Nubrella Pitch on Shark Tank
| Company name | Nubrella |
| Product | Hands-free umbrella and windbreaker system |
| Episode | Season 01 Episode 14 |
| Founder | Alan Kaufman |
| Asked for | $200,000 for 25% Equity |
| Final deal | $200,000 for 51% Equity |
| Sharks | Kevin Harrington and Daymond John |
| Location | Netherlands, Missouri |
Don’t miss these product from Season 01
Nubrella Founder
Alan Kaufman found 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, has a net worth of $1 million as of 2023.
Key accomplishments
| Year | Accomplishment |
| 2010 | Appeared on Shark Tank season 01 and Kevin Harrington and Daymond John invested $200,000 for 51% Equity |
| 2012 | Nubrella launches a new marketing campaign to promote its products to a wider audience. |
| 2016 | Nubrella 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.
