Sip Herbals Net Worth 2024 Update (Before & After Shark Tank)

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Sip Herbals Net Worth Update (Before & After Shark Tank)

Sip Herbals’ net worth is $1 million as of June 2024 and they’re pulling $250,000 in annual revenue. Sip Herbals, a herbal alternative for coffee was started by Orleatha Smith and Kelly Raulerson in 2020.

In 2024 they appeared on Season 15 of Shark Tank USA seeking $100,000 for 10% of equity valuing the company at $1 million. But the Sharks were not interested in investing in Sip Herbals. 

Although sharks loved the idea behind the business, they did not grasp it as an investment opportunity. Despite not winning a deal, the company received more visibility thanks to Shark Tank. you can buy their products through the company website.

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Sip Herbals Net Worth

Net worth$1 million (2024)
Annual Sales Revenue$250,000 (2024)
ProfitsNot available 
Lifetime salesNot available 
InvestorNone 
InvestmentNone
FoundersOrleatha Smith and Kelly Raulerson
Employees<10

Sip Herbals Net Worth Timeline

Net Worth 2024$1 million
Net worth valuation in 2024 before appearing on Shark Tank  $1 million (Business valuation)

Sip Herbals Pitch on Shark Tank

ProductA herbal alternative for coffee 
EpisodeSeason 15 Episode 22
Founders Orleatha Smith and Kelly Raulerson
Asked for$100,000 for 10% of equity
Company nameSip Herbals
Final dealNo deal 
Shark No shark
LocationGresham, Oregon

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Sip Herbals Founders

Orleatha Smith and Kelly Raulerson founded Sip Herbals in 2020. Orleatha, who initially came up with this business idea has a background in biology and business. In fact, she is a passionate herbalist. She partnered up with her friend Kelly to strat their own herbal tea line. Sip Herbals’s founders Orleatha Smith and Kelly Raulerson have an approximate net worth of $1 million. 

Key accomplishments

YearAccomplishment
2024The company was featured in Shark Tank USA. 

The company conducts an Ambassadors program.

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 Sip Herbals and its continued success.