Browndages 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 were 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.
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 their website is still active, there is no recent information about their 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.