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.
Nubrella Net Worth
Net worth | $2 million (2022) |
Annual Sales Revenue | Not available |
Lifetime sales | Not publicly available |
Investor | Kevin Harrington and Daymond John |
Founder | Alan Kaufman |
Employees | Not publicly available |
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 |
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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
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.