Browndages Shark Tank Net Worth-What Happened After Shark Tank?
What Is Browndages? Who Founded Browndages?
Browndages is a family-owned company that produces bandages in different shades of brown to match the skin tones of people of color.
The company was founded in 2018 by Intisar Mahdi and her husband, Rashid, who was inspired to provide a better experience for their family after realizing that the bandages they were buying did not match their skin tone.
Browndages produces band-aids for kids and adults, pajamas, first aid kits, healing balms, hats, masks, books, and bundles.
The band-aids come in five shades: caramel, ebony, wheat, sand, and mocha. Each shade is sold individually or in a variety pack and has boys’, girls’, and unisex packs.
Browndages has also developed a line of more whimsical bandages for kids with images of princesses and superheroes on them.
The couple noticed that their children were very interested in wearing colorful bandages but none of those images matched their skin tone.
Browndages runs a contest with its supporters to submit their kids to be featured as one of the four new characters it creates every year.
Browndages has gained attention from Shark Tank investors and has partnered with Mark Cuban to expand into more hospitals, schools, and big-box stores. The company’s mission is to fill the gap for bandages in brown and black skin tones.
Summary Table: Browndages Shark Tank
TOPIC | INFORMATION |
What is Browndages? | A family-owned company that produces bandages in different shades of brown to match the skin tones of people of color. |
Founders | Intisar Mahdi and her husband, Rashid. |
Products | Band-aids for kids and adults, pajamas, first aid kits, healing balms, hats, masks, books, and bundles. |
Band-aid colors | Caramel, ebony, wheat, sand, and mocha. |
Shark Tank Pitch | Asked for $75,000 for 7.5% equity and made a deal with Lori Greiner, Daymond John, and Mark Cuban for $100,000 for 25% equity plus a $75,000 line of credit. |
Sales figures | The company had $135,000 in sales in 2020, and $130,000 in sales six days after their Shark Tank episode aired on ABC in April 2022. |
Net worth | As of March 2023, estimated to be around $500,000. |
Distribution | The company has seen a huge need for distribution ever since it appeared on Shark Tank. |
Criticism | The company received criticism from black influencers due to their lack of inclusivity over the past 100 years. |
Latest update | As of March 2023, it is unclear whether Browndages is still in business. |
What Happened To Browndages At Shark Tank?
Browndages, a company that produces inclusive flesh-tone and character bandages, appeared on Season 13, Episode 20 of Shark Tank in April 2022.
Intisar Bashir and Rashid Mahdi asked for $75,000 for 7.5% equity but ended up making a deal with Lori Greiner, Daymond John, and Mark Cuban for $100,000 for 25% equity plus a $75,000 line of credit.
Since appearing on Shark Tank, Browndages has seen a huge need for distribution. The company had $135,000 in sales in 2020 and saw an increase in sales after the episode aired.
They also received criticism from black influencers due to their lack of inclusivity over the past 100 years. As of August 2022, the company is still in business with less than $1 million in revenue.
What Happened To Browndages After Shark Tank?
Browndages, a company that produces skin-tone bandages in five different inclusive colors and features characters all children can see themselves in, appeared on Shark Tank seeking an investment of $75,000 for 7.5%.
The founders Rashid Mahdi and Intisar Bashir made a deal with Mark Cuban, Lori Greiner, and Daymond John.
After the show aired, Browndages received a lot of love from Shark Tank fans and did $130,000 in sales six days after their episode aired on ABC. As of 2022, the company is worth an estimated $500,000.
Since appearing on Shark Tank, Browndages started offering more products than ever. In addition to their plain bandages in five skin tone colors, they also make elastic bandages, tins with icon Black history figures on the packaging, pajamas, hats, and masks.
The company has seen a huge need for distribution ever since it aired on shark tank. If Cuban can get the NBA Dallas Mavericks to wear and distribute the bandages it would drive massive sales.
Browndages Shark Tank Net Worth
As of March 2023, Browndages’ net worth is estimated to be around $500,000. Although the company has not shared any recent sales figures, it is fair to say that Browndages is living up to the Sharks’ valuation of $400,000.
The appearance of the Shark Tank show benefited Browndages not only financially but also in terms of publicity. After the episode aired, Browndages’ Facebook page received hits.
Browndages is a bandages brand that appeared on Shark Tank Season 13 Episode 20 in April 2022.
The founders, Rashid Mahdi, and Intisar Bashir, pitched their product to the sharks and made a deal with Mark Cuban, Lori Greiner, and Daymond John for $100,000 for 25% equity plus a $75,000 line of credit.
According to CNBC, Browndages brought in $130,000 in sales six days after their episode aired on ABC.
In conclusion, as of March 2023, Browndages’ net worth is estimated to be around $500,000. The company made a deal with Mark Cuban, Lori Greiner, and Daymond John for $100k for 25% equity plus a $75k line of credit.
After appearing on Shark Tank Season 13 Episode 20 in April 2022 and receiving positive feedback from viewers and Sharks alike, Browndages experienced an increase in sales.
Is Browndages Still In Business?
As of March 2023, it is unclear whether Browndages is still in business. While the company had a big deal with Mark Cuban on Shark Tank in 2022, and its website is still active, there is no recent information about its current status.
The most recent update on their Shark Tank appearance was in April 2022, and a March 2023 update from Humble Rise did not provide any new information about the company’s current status.
Browndages Shark Tank Updates
Browndages is a company that manufactures bandages that match a diverse range of darker skin tones. The founders, Intisar Bashir and Rashid Mahdi went on Shark Tank in April 2022 seeking a $75,000 investment in exchange for 7.5% equity in their company.
During their pitch, Rashid showed a “typical” bandage on his arm that did not match his skin, and explained that their bandages come in all shades so “people see you, not your wound”.
All of the Sharks could see the value in Browndages, which led Lori Greiner to offer a three-way split between her and fellow Sharks Mark Cuban and Daymond John.
After some back and forth between all of the Sharks and Browndages, the company was able to secure a $100,000 investment and $75,000 line of credit for 25% equity, split between Cuban, John, and Greiner.
The valuation of $400,000 was $600,000 lower than the founder’s original valuation of $1 million.
Since appearing on Shark Tank, Browndages has continued to produce and sell its unique line of bandages for people of color. The company has come a long way since its time on Shark Tank, and the founders have been very happy with how things are going.
The deal with the Sharks didn’t close for unknown reasons, but one reason might be that the company did $130,000 in sales in the week following the initial air date.
How Does Browndages Tank Work?
Browndages is a company that sells skin-toned bandages for people of color. The company was founded by husband and wife duo Intisar Bashir and Rashid Mahdi in 2018 after they noticed that the bandages their kids were wearing did not match their skin color.
Browndages come in five shades: caramel, ebony, wheat, sand, and mocha, and are available in adult and kids sizes. The adult bandages cost $3.99 for 20 bandages, and the kids’ bandages cost $4.99 for 20 pieces. Browndages are available in around 25 mom-and-pop shops around the US.
Browndages gained visibility in June 2020 when Black Lives Matter protests swept across the US, and consumers started seeking out small, Black-owned businesses. During that month, the company brought in roughly $130,000 in just six days.
On an episode of ABC’s “Shark Tank,” the co-founders landed a $100,000 investment, alongside a $75,000 line of credit, from the trio of Mark Cuban, Lori Greiner, and Daymond John.
Cuban even added a sweetener to the deal: he told Mahdi and Bashir that he could get the NBA’s help with distributing and marketing, with the goal of expanding into more hospitals, schools, and big-box stores.
Browndages has continued to produce and sell its unique line of bandages for people of color. The company has expanded its reach by selling its products in mom-and-pop stores around the US. Browndages is constantly coming up with new ideas and expanding its product line.
What Is The Browndages Product Made Of?
Browndages is a company that sells skin-toned bandages for people of color. The company was founded in 2018 by husband-and-wife duo Intisar Bashir and Rashid Mahdi.
The couple noticed that the bandages they were buying did not match the shades of their family, so they decided to create their own company.
Browndages adult bandages are sold in boxes of 20 with four different shades of brown in each box. The bandages come in five shades: caramel, ebony, wheat, sand, and….
Browndages also produces band-aids for kids, pajamas, first aid kits, healing balms, hats, masks, books, and bundles.
The first set of kids’ bandages was made to look like the couple’s own children. Browndages runs a contest with their supporters to submit their kids to be featured as one of the four new characters Browndages creates every year.
The company’s goal is to build a legacy for their children to appreciate and to show them that even a product as small as a bandage should take you into consideration.
The search results do not provide information on what Browndages products are made of. However, it is clear that the company’s focus is on providing skin-toned bandages for people of color and creating a diverse array of products that cater to their customers’ needs.
How Has Browndages Grown Since Appearing On Shark Tank?
Browndages, a Cleveland-based company that sells a diverse array of skin-toned bandages, appeared on Shark Tank in April 2022.
The company was launched in 2018 by husband-and-wife duo Rashid Mahdi and Intisar Bashir, who was inspired to create the product when they could not find bandages that fit the skin tone of their children.
Initially, sales were slow, but in June 2020, Black Lives Matter protests swept across the U.S., and consumers started seeking out small, Black-owned businesses. During that month, Browndages brought in roughly $130,000 in just six days.
On Shark Tank, the couple presented their inclusive bandage company in hopes of securing a $75,000 deal for 7.5% equity. However, the sharks expressed concern that larger companies could manufacture new colors and end up purchasing the bandages.
Kevin O’Leary offered the pair $75,000 for 15% equity in their company but was quickly usurped by Lori Greiner, Mark Cuban, and Daymond John, who offered $100,000 for a 30% stake in the brand, allocating 10% to Cuban’s connections in the NBA. Cuban also added a $75,000 line of credit to the deal.
Since appearing on Shark Tank, it is unclear how much Browndages has grown. However, the company has secured a big deal with Mark Cuban, Lori Greiner, and Daymond John, which will likely help the company expand its reach and increase sales.
The company’s founders have also expressed their desire to build a legacy for their children to appreciate and to show them that even a small product like a bandage can make a big impact.
Where Can I Purchase Browndages?
Browndages are bandages designed for people with different shades of brown skin tones.
They are available in five different shades, from lightest to darkest: “Sand”, “Wheat”, “Caramel”, “Mocha”, and “Ebony”. Browndages are sold in boxes containing 20 pieces of one size, and they are FDA-approved and latex-free.
Browndages can be purchased online from the Browndages website and My Nude Shade. The Browndages website sells an “Assorted” box of adult bandages that contains 20 pieces of five different shades of brown.
My Nude Shade also sells Browndages in boxes containing 20 pieces of one shade. We Buy Black Store also sells a pack of four Browndages “Assorted” boxes.
It is important to note that all sales of Browndages are final.