Myisha Fantroy and Alicia Scott’s inclusive makeup and skincare products line, Range Beauty is now valued at $2 million in net worth following the company’s appearance in Shark Tank season 13. Range Beauty has seen significant growth after their successful pitch on Shark Tank.
The company focuses on inclusive, eczema- and acne-friendly makeup for diverse skin tones. The owners achieved to secure a $150,000 investment from Lori Greiner and Emma Grede for 20% equity of their business.
Over time they have expanded their product line and distribution, including partnerships with major retailers like Target. The brand’s innovative approach and commitment to clean beauty have solidified its position in the competitive cosmetics market​.
Range Beauty Net Worth
Estimated Net worth | $2 million (2024) |
Annual Sales Revenue | $5 million (2024) |
Lifetime sales | Not available |
Investors | Lori Greiner and Emma Grede |
Founders | Alicia Scott and Myisha Fantroy |
Employees | 10-20 |
Range Beauty Pitch on Shark Tank
Company name | Range Beauty |
Product | Affordable, High-performance, Clean Beauty for the Forgotten Shades. |
Episode | Season 13 Episode 14 |
Founders | Alicia Scott and Myisha Fantroy |
Asked for | $150,000 For 6% Equity |
Final deal | $150,000 For 20% Equity |
Sharks | Lori Greiner and Emma Grede |
Location | Atlanta, Georgia, US |
Don’t miss these products from Season 13
Range Beauty Founders
Alicia Scott and Myisha Fantroy fiunded Range Beauty in 2017. Scott and Myisha are Black women entrepreneurs, inspired to start Range Beauty after struggling to find makeup products that were safe for sensitive skin tones. Range Beauty’s founders Alicia Scott and Myisha Fantroy, have a net worth above $2 million as of 2024.
Key accomplishments
Year | Accomplishment |
2019 | Launched a line of foundation and concealer with 40 shades to match a wide range of skin tones. |
2021 | Expanded its product offerings to include a wider range of makeup products, as well as skincare products. |
2022 | Appeared on Shark Tank season 13 and Lori Greiner and Emma Grede invested $150,000 For 20% Equity. |
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 Range Beauty and its continued success.