Glow Recipe Shark Tank Net Worth 2023
Glow Recipe appeared on Shark Tank in 2015, seeking an investment of $425,000 for a 10% stake in the company. Robert Herjavec offered to invest $425,000 for a 25% stake in Glow Recipe, and the founders accepted his offer.
The valuation of Glow Recipe was $4.25 million when it appeared on Shark Tank. However, they opted to pass on the deal and continued to grow their business independently.
As of 2022, Glow Recipe’s net worth is estimated to be $23-30 million. The company has experienced triple-digit growth since its appearance on Shark Tank in 2015.
In 2017, Glow Recipe had sales of $18.7 million and by 2021, the company had surpassed $100 million in sales. They have also expanded their product line beyond curating Korean beauty products to creating their own products.
What Is Glow Recipe?
Glow Recipe is a skincare company that draws inspiration from South Korean beauty practices. They specialize in creating natural products infused with fruit extracts to help brighten the skin quickly.
By incorporating enjoyable skincare routines, Glow Recipe helps customers remain invested in maintaining the health of their skin.
The company’s products are designed to be cruelty-free, easy to use, and free of harsh chemicals. In 2014, Glow Recipe launched its first product line, with founders Sarah Lee and Christine Chang leading the way.
Sarah and Christine have extensive experience in the beauty industry, having worked in both the United States and South Korea.
Their appearance on Shark Tank in 2015 helped them gain widespread recognition, with their passion for sharing their knowledge of Korean beauty trends shining through.
With over two decades of experience in the cosmetics industry, the founders decided to create their own brand. The concept for Glow Recipe was born during a self-care session, with Sarah and Christine eager to offer their skincare expertise to others.
What Happen To Glow Recipe At The Shark Tank Pitch?
Glow Recipe does not create its own products; instead, it curates a diverse collection of cosmetic items from various brands.
To ensure that the products meet their standards, the company conducts a rigorous due diligence process on the brands, ingredients, and business practices before selecting and testing each product on different skin types.
After testing, the products undergo a three-month probation period to gauge customer feedback.
Glow Recipe’s skincare line includes a wide range of products, from cleansers and exfoliators to lip treatments and sun care. However, the products are quite expensive, with some, such as the Velvet Yam Pressed Serum, retailing for $49.
Sarah and Christine appeared on Shark Tank to seek a $425,000 investment in exchange for a 10% stake in their company. They explained that their goal was to make Korean beauty accessible to everyone, as it is the next big thing in the United States.
They handed out samples of their products, including a waterless mist and pressed serum, to the Sharks and demonstrated a sea-kelp face mask.
When asked about their sales, Sarah revealed that the company had generated $3,000 in revenue in the first two months and increased it to $550,000 in 2015, with a projected revenue of $1 million by the end of the year.
The company uses YouTube to educate people about its products and has 1,000 subscribers and 250,000 views.
The Sharks made several offers, with Barbara offering $425,000 for 40% ownership, Mr. Wonderful offering $425,000 in exchange for 50% ownership, and Robert offering $425,000 for 30%. Lori decided not to invest, citing the highly competitive market.
The women countered with an offer of 18%, and Robert countered with 25%. After some negotiation, they agreed on a $425,000 investment in exchange for a 25% ownership stake, resulting in a $1.7 million valuation for the business.
Glow Recipe Shark Tank Updates
Glow Recipe is a Korean beauty and skincare product company that appeared on Shark Tank in 2015. The founders, Sarah Lee and Christine Chang pitched their company to the Sharks, asking for $425,000 for 10% equity.
Robert Herjavec made an offer of $425,000 for 25% equity, which the founders accepted. However, the deal with Robert never closed.
Despite not closing the deal, Glow Recipe’s Shark Tank appearance helped generate brand awareness and increase sales. The company’s revenue grew from $550,000 in 2015 to $1 million in 2016. Today, Glow Recipe has fully traded in its curatorial roots for a creation model.
The company owns and operates several farms from which it extracts the components for its products. Glow Recipe sells its products on its website and Amazon store.
As of 2022, the net worth of Glow Recipe is $30 million. The company has experienced significant growth since its Shark Tank appearance, and its products have gained popularity in the US beauty market.
Glow Recipe Shark Tank Table Summary:
| TOPIC | DETAILS |
| Founders | Sarah Lee and Christine Chang |
| Shark Tank | Valuation of $4.25 million, Robert Herjavec offered $425,000 for a 25% stake, the deal was not closed |
| Net worth | Estimated $23-30 million as of 2022 |
| Products | Skincare line with natural fruit extract infused products, including cleansers, exfoliators, lip treatments and sun care |
| Competitors | Wishtrend, Cult Beauty, BeautyMNL, Beauteque, Cosme De, Adore Beauty, and LovelySkin |
| Sales | $18.7 million in 2017, over $100 million in 2021 |
| Business Model | Curates diverse cosmetic items from various brands |
| Business Focus | Korean-inspired skincare and beauty products |
| Unique Selling Point | Cruelty-free, easy-to-use, and free of harsh chemicals, focused on making Korean beauty accessible to everyone |
Glow Recipe Net Worth
Sarah and Christine pitch the Shark Tank for $425,000 in exchange for a 10% stake in their firm.
This results in a $4.25 million value. They accepted an offer from Robert of $425,000 for 25% which brings the valuation to $1.7 million.
Glow, Recipe Competitors,
Top Competitors of Glow Recipe include;
Wishtrend, Cult Beauty, BeautyMNL, Beauteque, Cosme De, Adore Beauty, and LovelySkin.
Glow Recipe FAQS
What Is Glow Recipe Shark Tank?
Glow Recipe is a beauty brand that appeared on the hit reality television show “Shark Tank” in 2015. The co-founders, Christine Chang and Sarah Lee pitched their curated cosmetics business to the Sharks. They shared revenue with the creators of the products they sold to incubate and test the products.
Glow Recipe was projecting $1 million in sales for 2015. The Sharks were impressed with the product and offered $425,000 for 25% of the business. The deal with Robert Herjavec never closed, but the business continued to grow.
After its appearance on Shark Tank, Glow Recipe experienced triple-digit growth. The brand uses social media to its advantage and has a strong YouTube strategy to educate people about its products.
Glow Recipe owes much of its success to the following it grew in its brand’s original iteration as a site curating high-quality Korean cosmetics.
Today, the brand has fully traded in its curatorial roots for a creation model. The brand is now a huge name in the beauty community with over $100 million in annual sales. Its products are sold through Sephora nationwide.
How Does Glow Recipe Shark Tank Work?
Glow Recipe is a Korean beauty products company that was pitched on Shark Tank in 2015. The founders, Sarah Lee and Christine Chang asked for $425,000 for 10% equity in their company.
During their pitch, they demonstrated their products to the Sharks, including a water-less mist, a pressed serum, and a sea-kelp facial mask.
They projected $1 million in sales for 2015 and shared revenue with the creators of the products they sold to incubate and test the products. Robert Herjavec made an offer of $425,000 for 25% of the business, which the founders accepted.
After their appearance on Shark Tank, Glow Recipe experienced triple-digit growth. They used their Shark Tank appearance to generate brand awareness and get their products in front of a mainstream audience across America.
Today, Glow Recipe has fully traded in its curatorial roots for a creation model. They have grown their brand’s original iteration as a site curating high-quality Korean cosmetics. Their products are now sold through Sephora, and their sales are targeted to reach $30 million this year.
What Happened To Glow Recipe After Shark Tank?
Glow Recipe is a skincare brand that appeared on Shark Tank in 2015, seeking an investment of $425,000 for a 10% stake in the company. Robert Herjavec offered $425,000 for a 25% stake in the company, which the founders, Christine Chang, and Sarah Lee, decided to pass on.
Despite not closing the deal with Robert, Glow Recipe’s appearance on Shark Tank generated brand awareness and increased traffic to their website.
Since Shark Tank, Glow Recipe has grown significantly. In 2017, they launched Sephora, a beauty products retailer with 2700 global locations, and they also have an extensive Amazon store. As of the end of 2021, they had $100 million in sales for the year.
Glow Recipe has fully traded in its curatorial roots for a creation model, owning and operating several farms from which they extract the components for its products.
In 2023, Glow Recipe is still a successful skincare brand. They have expanded their product line and continue to sell their products on their website, Sephora, and Amazon.
Despite not closing the deal with Robert on Shark Tank, Glow Recipe’s founders credit their appearance on the show for generating brand awareness and increasing traffic to their website.
Is Wee Can Glow Recipe Shark Tank Still In Business?
Yes, Glow Recipe from Shark Tank Season 7 is still in business. Glow Recipe is a beauty line that focuses on Korean skincare products. Entrepreneurs Sarah Lee and Christine Chang walked into the tank seeking an investment of $425,000 for 10% equity.
They landed a deal of $425,000 for 25% equity with Robert Herjavec. BuzzFeed also mentions Glow Recipe as an Asian-owned business that offers effective beauty products.
Shark Tank Success confirms that the majority of Shark Tank products are still around and thriving after being featured on the show.
What Is The Current Valuation Of Glow Recipe After Shark Tank?
Glow Recipe appeared on Shark Tank in 2015 and received an offer of $425,000 for 25% of their company, which would have lowered its valuation from $4.2 million to around $1 million. However, they decided to pass on the offer. Since then, Glow Recipe has experienced significant growth.
In 2020, during the pandemic, they reached $60 million in sales, and in 2021, they are expected to wrap up the year with $100 million in annual retail revenue. As of 2022, the founders of Glow Recipe, Sarah Lee and Christine Chang, have a net worth of $23 million.
Glow Recipe is a Korean-beauty-inspired and fruit-based beauty brand that was launched in 2014 by Lee and Chang, former employees at L’Oréal, who pooled a total of $50,000 in personal savings to start the company.
They continued to bootstrap up until 2021 when North Castle Partners invested an undisclosed amount into the New York City company.
Glow Recipe has fully traded in its curatorial roots for a creation model and has experienced triple-digit growth since its appearance on Shark Tank in 2015. This year, sales of its beauty products through Sephora are targeted to reach $30 million.
Is Glow Recipe actually good?
According to research done by Glow Recipe, 100% of 36 participants agreed that their skin felt hydrated after using the Glow Recipe Plum Plump Hyaluronic Serum, and 94% stated that the product made their face feel soft, smooth, radiant, and plumper.
Who owns the Glow Recipe brand?
Meet Sarah Lee and Christine Chang, their Favourite Skincare Company’s Founders. Korean beauty products are quite popular in the United States.
Is K Beauty Glow Recipe?
Glow Recipe is a K-beauty company that creates natural, fruit-infused skincare products that work to bring out their inner glow.
All of its products are 100 percent natural and cruelty-free, making it simple to look nice while also feeling good.
Where is the Glow Recipe manufactured?
Refinery 29 visits Glow Recipe’s facility in South Korea with host Mi-Anne Chan to learn about the brand’s Watermelon Glow Sleeping Mask.
From where does the glow recipe ship?
Glow Recipe ships from the Northeastern United States of America.
Is the glow recipe on Amazon legit?
Each *GLOWING* review for this product is 100% genuine. They reside in the Mojave Desert and apply this mask nightly and again in the morning, softly.
Is Glow Recipe an American brand?
Numerous firms are cashing in on the excitement surrounding clean, dewy skin and the movement’s unwavering commitment to skincare over cosmetics.
However, for co-founders Christine Chang and Sarah Lee, both of whom are Korean-American, “K-beauty” is more than a marketing craze — it was a vital part of their childhoods.
Is the Glow Recipe available in Canada?
Glow Recipe also ships to Canada with DHL International Standard.
This service has tracking capabilities. First-class mail takes 515 working days and costs $17.50 for each order.
Additionally, they provide free standard delivery to Canada on purchases over $100.
Is Glow Recipe’s delivery free?
Glow Recipe offers free standard delivery on orders of $35 or more. Purchases of $100 or more qualify for free expedited delivery.
Is it necessary to refrigerate the Glow Recipe?
While all Glow Recipe products are designed to be stable and effective at room temperature.
An important consideration given that clean products typically do not contain a lot of preservatives. Strategically storing their favorites can help ensure they’re getting the maximum benefit.
Is fragrance used in Glow Recipe?
Sensoriality, they feel, is critical to enjoying and utilizing skin care.
They never use more than 0.5 percent synthetic fragrance in their face skincare formulae and wherever feasible, they utilize scents derived from natural components or perfumes made from edible materials.
What distinguishes the glow recipe?
They create gentle yet effective formulas that are unmatched in their ability to deliver clinically proven results.
They formulate with the highest-quality ingredients, including antioxidant-rich fruit extracts and clinically proven actives, but what is left out is just as critical as what is included.
How do they use Glow Recipe?
To use as a sleeping mask, follow these instructions: As the final stage of the night-time regimen, apply two scoops or a thick coating to the skin.
For skin types with drier skin, apply an additional dime-sized quantity to the skin.
Ensure that they gently pat, not massage, the mask into their skin until it is absorbed and that they completely wash their face in the morning.
What is the net worth of Sarah Lee?
Unknown.
What is the net worth of Christine Chang?
Unknown.
Where is the glow recipe located?
Glow Recipe Skincare can be found at the following retailers: Sephora. Sephora in JC Penny.
Did glow recipe get an investment from the Shark Tank Pitch?
Yes. Sarah and Christine got an investment of $425,000 from Robert Herjavec in exchange for 25% equity in their business.
