Range Beauty Net Worth 2023 Update (Before & After Shark Tank)

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)
ProfitsNot publicly available
Lifetime salesNot publicly available
InvestorLori Greiner and Emma Grede
FounderAlicia Scott and Myisha Fantroy
Employees20 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 nameRange Beauty
ProductAffordable, High-performance, Clean Beauty for the Forgotten Shades.
EpisodeSeason 13 Episode 14
Founders Alicia Scott and Myisha Fantroy
Asked for$150,000 For 6% Equity
Final deal$150,000 For 20% Equity
SharksLori Greiner and Emma Grede
LocationAtlanta, 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:

YearAccomplishment
2019Launched a line of foundation and concealer with 40 shades to match a wide range of skin tones.
2021Expanded its product offerings to include a wider range of makeup products, as well as skincare products
2022Appeared 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.

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