Stem Center, the Science, technology, engineering, and math learning center, was started by Melissa Jawaharlal and Lavanya Jawaharlal in September 2011. As of March 2024, Stem Center’s net worth is $3 Million, and has a whopping $2 Million in annual revenue.
On October 30, 2015, they appeared on season 7 episode 6 of Shark Tank USA and made a deal with Lori Greiner for $150,000 for 15% equity. The final valuation was $1 Million, the same as the founder’s initial estimate of $1 Million.
The STEM Center USA is still in business as of August 19, 2023. Stem Center offers K-12 robotics and coding classes for kids and school districts. They are actively promoting their classes on social media and their website.
Stem Center Net Worth
| Net worth | $3 Million |
| Annual Sales Revenue | $2 Million |
| Profits | – |
| Life time sales | – |
| Shark Tank Investor | Lori Greiner |
| Founders | Melissa Jawaharlal & Lavanya Jawaharlal |
| Employees | 11-50 employees |
Stem Center Net Worth Timeline
| Net Worth 2023 | $3 Million |
| Net Worth 2022 | $2.5 Million |
| Net Worth 2021 | $1.6 Million |
| Net Worth 2020 | $1.5 Million |
| Net worth in 2015 after appearing on Shark Tank | $1 Million |
| Net worth in 2015 before appearing on Shark Tank | $1 Million |
Stem Center Pitch on Shark Tank
| Company name | Stem Center |
| Product | Science, technology, engineering, and math learning center |
| Episode | Season 7 Episode 6 |
| Founders | Melissa Jawaharlal and Lavanya Jawaharlal |
| Asked for | $150,000 for 15% equity |
| Final deal | $200,000 for 20% equity |
| Shark | Lori Greiner |
| Location | All Around United States |
Don’t miss these product from Season 7
Stem Center Founders
Stem Center was founded by Melissa Jawaharlal and Lavanya Jawaharlal in 2011. Melissa and Lavanya are sisters who founded STEM Center USA with a mission to share their love for tinkering and creating. They both graduated with degrees in Mechanical Engineering from USC and UC Berkeley, respectively. Lavanya is an entrepreneur, engineer, and educator who is passionate about providing equitable learning opportunities through hands-on, STEM education.
Stem Center’s founders, Melissa Jawaharlal, and Lavanya Jawaharlal’s net worth is unavailable. However, according to the deal of the Shark Tank pitch, they had 85% equity in the company. Therefore Melissa Jawaharlal, and Lavanya Jawaharlal should have more than $2.5 million combined net worth as of 2024.
Key accomplishments:
| Year | Accomplishment |
| 2023 | They have trained over 100,000 students in robotics and coding. |
| 2022 | They have partnered with over 1,000 school districts across the United States. |
| 2021 | They have won several awards, including the Excellence in Education Award from the National Robotics Education Association. |
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 Spretz and its continued success.
