Rumi Spice, a Shark Tank alum, continues to thrive by sourcing premium saffron from Afghan farmers. As of the latest reports, Rumi Spice’s net worth is estimated at $10 million.
The company received an investment of $250,000 to 15% equity from Mark Cuban. It has also secured additional funding through successful crowdfunding campaigns. Rumi Spice remains committed to empowering Afghan women and farmers, establishing partnerships with more than 300 farmers.
Their ongoing expansion into spice blends and international markets marks significant milestones in the business’s growth journey.
Rumi Spice Net Worth
| Net worth | $10 million (2024) |
| Annual Sales Revenue | $5 million (2024) |
| Lifetime sales | Not available |
| Investor | Mark Cuban |
| Founders | Emily Miller, Kim Jung, and Keith Alaniz |
| Employees | <25 |
Rumi Spice Pitch on Shark Tank
| Company name | Rumi Spice |
| Product | A company that ethically sources sustainable saffron and other spices from Afghanistan |
| Episode | Season 08 Episode 23 |
| Founders | Emily Miller, Kim Jung, and Keith Alaniz |
| Asked for | $250,000 for 5% equity |
| Final deal | $250,000 for 15% equity |
| Shark | Mark Cuban |
| Location | Chicago, Illinois |
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Rumi Spice Founders
Emily Miller, Kim Jung, and Keith Alaniz founded Rumi Spice in 2014. Emily and Keith are former Army veterans. While serving in Afghanistan, they met Keith, an engineering officer stationed there. Three of them were inspired by local saffron cultivation in Afghanistan, leading them to start Rumi Spice. Rumi Spice’s founders, Emily Miller, Kim Jung, and Keith Alaniz have a net worth of 13.5 million as of 2024.
Key accomplishments
| Year | Accomplishment |
| 2017 | Rumi Spice got featured on Shark Tank and secured a deal. |
| 2018 | Rumi Spice secured a $2.5 million venture capital investment from two investors. |
| 2023 | From begging until date, Rumi Spice has created job opportunities for over 4,000 women, launched a variety of new products, and collaborated with various companies, chefs, and Michelin-rated restaurants. |
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 Rumi Spice and its continued success.