Sip Herbals Net Worth 2024 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) |
Profits | Not available |
Lifetime sales | Not available |
Investor | None |
Investment | None |
Founders | Orleatha 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
Product | A herbal alternative for coffee |
Episode | Season 15 Episode 22 |
Founders | Orleatha Smith and Kelly Raulerson |
Asked for | $100,000 for 10% of equity |
Company name | Sip Herbals |
Final deal | No deal |
Shark | No shark |
Location | Gresham, Oregon |
Don’t miss these products from Season 15
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
Year | Accomplishment |
2024 | The 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.
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