Range Beauty,an affordable, high-performance, clean beauty for the forgotten Shades, was started by Alicia Scott and Myisha Fantroy in May 2017. As of September 2023, Range Beauty net worth is $1.5 million. And they’re pulling in a whopping $5 million in annual revenue.
In February 2022, they appeared on season 13 of Shark Tank USA and made a deal with Lori Greiner and Emma Grede for $150,000 For 20% of equity. The final valuation was $750,000, down from the founder’s initial estimate of $2.5 million.
Range Beauty is still in business as of September 2023. Range Beauty experienced a surge in sales and popularity. The company has also expanded its product offerings to include a wider range of makeup products. As well as skincare products. You can visit their official website for more details.
Range Beauty Net Worth
| Net worth | $1.5 million (2023) |
| Annual Sales Revenue | $5 million (2023) |
| Profits | Not publicly available |
| Lifetime sales | Not publicly available |
| Investor | Lori Greiner and Emma Grede |
| Founder | Alicia Scott and Myisha Fantroy |
| Employees | 20 employees |
Range Beauty Net Worth Timeline
| Net Worth 2023 | $1.5 million |
| Net Worth 2022 | $1.5 million |
| Net worth valuation 2022 after appearing on Shark Tank | $750,000 |
| Net worth valuation 2022 before appearing on Shark Tank | $2.5 million |
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
Range Beauty was founded by Alicia Scott and Myisha Fantroy in 2017. Scott and Myisha are Black women entrepreneurs who were inspired to start Range Beauty after struggling to find makeup products that were safe for her sensitive skin and that matched her skin tone. Range Beauty’s founders/founder, Alicia Scott and Myisha Fantroy, have a net worth of $1.5 million as of 2023.
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.