Melissa and Lavanya Jawaharlal created Stem Center USA to inspire kids through hands-on learning in science, technology, engineering, and math. They pitched their idea on Shark Tank in 2015 and secured a deal with Lori Greiner for $200,000. However, the deal didn’t go through.
Despite this, the company thrived, raising over $113,000 on Kickstarter and expanding its programs. As a result, by 2024, Stem Center has partnered with over 1,000 schools, trained more than 100,000 students, and reached a net worth of $3 million.
This article will explore how the business continued to succeed despite the deal falling through.
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Join Us TodayStem Center Net Worth
| Estimated Net worth | $3 Million (2024) |
| Annual Sales Revenue | $2 Million |
| Shark Tank Investor | Lori Greiner |
| Founders | Melissa Jawaharlal & Lavanya Jawaharlal |
| Employees | 11-50 employees |
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 |
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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.
