Ora Organic, Sustainable plant-based supplement business, was started by Will Smelko and Ronald Chang in 2014. As of October 2023, Ora Organic net worth is $10 million. And they’re pulling in a whopping $2.5 million in annual revenue.
In 2017, they appeared on season 8 of Shark Tank USA seeking $375,000 for 5% of equity valuing the company at $7.5 million. But the Sharks were not interested in investing in Ora Organic. Some of the Sharks did not like Ora Organic’s branding, which they felt was too busy and confusing. And Some of the Sharks were not convinced that Ora Organic’s products were differentiated enough from other supplements on the market.
Ora Organic is still in business as of 2023. The company has expanded its product line and is now selling a variety of plant-based supplements, including multivitamins, protein powders, probiotics, and more. Visit their official website.
Ora Organic Net Worth
|Net worth||$10 million (2023)|
|Annual Sales Revenue||$2.5 million (2023)|
|Profits||Not publicly available|
|Lifetime sales||Not publicly available|
|Founder||Will Smelko and Ronald Chang|
Ora Organic Net Worth Timeline
|Net Worth 2023||$10 million|
|Net Worth 2022||$12.5 million|
|Net worth valuation 2017 after appearing on Shark Tank||$5 million|
|Net worth valuation 2017 before appearing on Shark Tank||$7.5 million|
Ora Organic Pitch on Shark Tank
|Company name||Ora Organic|
|Product||Sustainable plant-based supplements|
|Episode||Season 08 Episode 18|
|Founders||Will Smelko and Ronald Chang|
|Asked for||$375,000 for 5% equity|
Don’t miss these product from Season 08
Ora Organic Founders
Ora Organic was founded by Will Smelko and Ronald Chang in 2014. They are all friends who met while working at different companies in the health and wellness industry. They were all frustrated by the lack of powerful and clean plant-based supplements on the market. So they decided to create their own company. Ora Organic’s founders, Will Smelko and Ronald Chang, have a net worth of $12.5 million as of 2023.
|2015||Launched its first product, a plant-based protein powder.|
|2016||Expanded its product line to include multivitamins, probiotics, and other supplements.|
|2017||Appeared on Shark Tank and received an offer from Kevin O’Leary|
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 Ora Organic and its continued success.