Junobie Shark Tank Net Worth-What Happened After Shark Tank?

 Junobie Shark Tank Net Worth

At the time of the shark tank pitch, Junobie was estimated to be worth $444k. During the pitch on Shark Tank, the founder, Nikeytha Ramsey, got a $100,000 investment for 22.5% equity in Junobie.

After the show, Junobie received a lot of free marketing and gained many customers who found the product useful.

The sales of their product increased significantly after appearing on Shark Tank, and their products are now available on Amazon and the company website.

Initially, Junobie’s founder went to the show seeking a $100,000 investment in exchange for 10% equity in her company valuing the company at $1 million.

Junobie products can be bought by interested buyers either from the company’s website or through Amazon. The company’s basic reusable breastmilk storage bag is available in a 2-pack deal priced at $19.99 and a 4-pack deal at $34.99. In addition, Junobie offers a Gen 2 model, which is a 2-pack priced at $21.99.

What Is A Junobie? Who Is The Founder Of Junobie?

Junobie is a brand that produces reusable breastmilk storage bags made of food-grade silicone. The bags are free from BPA, BPS, phthalates, and lead. They are leakproof, stand up, lay flat, and slide shut. The unique lock slider keeps milk secure while at home or on the go. Junobie bags are easy to sterilize and dishwasher and freezer safe.

Junobie bags are the world’s first eco-friendly and reusable breastmilk storage bag that helps reduce plastic waste. Silicone is naturally bacteria-resistant so it helps keep milk fresher for longer. The bags come in various colors to match your personality and style.

In summary, Junobie is a brand that produces reusable breastmilk storage bags made of food-grade silicone. These bags are free from harmful chemicals such as BPA, BPS, phthalates, and lead.

They are leakproof, stand up, lay flat, and slide shut with a unique lock slider to keep milk secure at home or on the go. Junobie bags are easy to sterilize and dishwasher and freezer safe.

The founder of Junobie is Nikeytha Ramsey. She is a working mother of two who created the world’s first reusable breast milk bag after returning from her second maternity leave and being unhappy with the impractical options for breast milk storage.

Ramsey worked as a traveling speech-language pathologist before becoming a CEO. She struggled with plastic and glass breast milk storage options while breastfeeding her younger child, and soon realized that a reliable, reusable alternative wasn’t out there.

Junobie bags are made from FDA-approved, food-safe silicone for worry-free storage. Silicone is naturally heat-tolerant and bacterial-resistant, making it perfect for keeping breast milk safe.

The chic colors of the bags are also by design, as Ramsey hopes the bold hues will help mothers celebrate with the option of being discreet at the same time.

Her daughter has become a mini product developer in her own right after looking up to her mother’s entrepreneurship, which put another black-owned business on the map.

What Happened To Junobie At The Shark Tank?

The founder of Junobie, Nikeytha Ramsey, appeared on Shark Tank Season 13 Episode 14 seeking $100,000 for 10% equity in her company.

The Sharks inspect the product and are impressed with its ease of use and standing capability. Nickey explains that she invented the product when she needed to produce more milk for her son.

Junobie retails at $34.99 for a four-pack and $19.99 for a two-pack, with landed costs of $7.80 and $4 respectively.

Kevin is impressed with the margins, while Emma wants to know about the competition. Nickey explains that knock-offs have started to appear in the marketplace, but they are of inferior quality.

Nickey has sold $86,000 worth of Junobie bags in 2021 and expects to sell $300,000 by the end of the year. However, she needs money for inventory.

Kevin decides not to invest, while Mark and Lori opt-out as well. Emma offers $100,000 for 25% of the business, and Barbara also expresses interest in the offer. Nickey counters with $150,000 for 12%, but Emma declines.

Mark urges Nickey to take Emma’s offer, and Nickey ultimately agrees to Emma’s offer of $100,000 for a 22.5% equity stake in her company.

What Happened To Junobie After The Shark Tank?

After appearing on Shark Tank, Junobie’s founder Nickey got a deal with Emma Grede for $100,000 in exchange for 22.5% equity in her company. In a post-show interview, Nickey called the deal “life-changing”.

As of June 2022, Junobie had an annual revenue of $1 million. By February 2023, Nickey added milk warming cups, milk boxes, trays, jars, and snack stash bags to the line. She also added online lactation counseling services.

Is Junobie Still In Business?

Yes, Junobie is still in business as of March 2023. The company sells reusable breast milk storage bags made from silicone that are free from BPA, BPS, Phthalates, and Lead.

The bags are easy to sterilize and dishwasher and freezer safe. Junobie’s innovative breast milk storage bags have earned $86,000 in year-to-date sales and are projected to do $300,000 by the end of the year.

Junobie Shark Tank Updates

Junobie is a brand that manufactures eco-friendly breast milk storage bags. The company was featured on Shark Tank Season 13 Episode 14, where founder Nikeytha Ramsey pitched her product to the Sharks.

The Sharks were impressed with the product and Emma Grede made a deal with Nikeytha for $100,000 for 22.5% equity in Junobie.

After appearing on Shark Tank, Junobie made thousands of dollars in sales in one week. The company’s storage options include milk bags, boxes, trays, cups, and jars, which range from $19.99 to $35.99.

A milk bag starter kit costs $89.99, while a cleaning brush costs $8.99. Junobie also offers a specialized cooling cup for $89.99. The products can be purchased exclusively from Junobie’s website, and the site even allows interested mothers to book lactation services from the safety of their homes.

Junobie has been successful since appearing on Shark Tank. Before appearing on the show, the company had made $86,000 for the year, which was expected to go up to $300,000 by the year’s end. The company is still active and in business, and its products can be found on its website.

Junobie Shark Tank Table Summary:

PARAMETER	INFORMATION
Company Name	Junobie
Founder	Nikeytha Ramsey
Industry	Breast milk storage bags
Shark Tank Investment	$100,000 for 22.5% equity
Shark Tank Valuation	$444,000
Product	Reusable breast milk storage bags made of food-grade silicone
Product Pricing	2-pack deal priced at $19.99, 4-pack deal at $34.99
Additional Products	Milk warming cups, milk boxes, trays, jars, and snack stash bags
Revenue	$1 million (as of June 2022)
Status	Still in business

Did Junobie Get A Deal On Shark Tank?

Yes, Junobie got a deal on Shark Tank. Nikeytha Ramsey founded Junobie in February 2019, and the company makes eco-friendly and reusable breastmilk storage bags.

Before appearing on Shark Tank, Junobie had made $86,000 for the year, which was expected to go up to $300,000 by the year’s end. During her pitch on Shark Tank, Emma Grede offered $100,000 for 22.5% equity in Junobie.

Nikeytha countered with a request for $100,000 for a 12% equity stake. Emma refused this immediately but decided to bring her offer down a little to compromise.

Her final offer to Nikeytha was $100,000 for 22.5% equity in Junobie. The Sharks advised Nikeytha that this was her best available option, and after considering it, she accepted.

After being featured on Shark Tank, Junobie got a lot of free marketing that made it easier for its product to reach people in the United States. The company made thousands of dollars in sales in one week after getting a deal on Shark Tank.

How Does Junobie Shark Tank Work?

Junobie is a brand that manufactures eco-friendly and reusable breast milk storage bags. The founder of Junobie, Nikeytha “Nickey” Ramsey, appeared on Shark Tank seeking $100,000 for 10% equity of her company.

She explained that she got the idea for Junobie when she had her child and was trying to find plastic bags to store her breast milk for later use. Most of the single-use bags she found usually leaked, and the milk got wasted. She came up with Junobie, a safe, effective, compact option.

During the show, Nickeytha successfully scored a deal with Emma Grede, who invested $100,000 for 22.5% equity in Junobie. The company had made $86,000 for the year before appearing on Shark Tank, which was expected to go up to $300,000 by the year’s end.

Nikeytha intended to use the money to help with inventory problems they were facing as they had been self-funding so far.

Junobie’s breast milk storage bags are made from silicone and come in different colors. The bags have lines to know how much milk is in there, and they are safe, effective, and compact.

According to a review of Junobie, the bags work well, but the silicone starts wearing off after a few washes. Junobie is for all new mothers who store breast milk for later use.

How Has Junobie Grown Since Appearing On Shark Tank

Junobie is a breast milk storage bag manufacturing startup that appeared on Shark Tank in February 2022. The founder, Nikeytha Ramsey, invented Junobie after struggling to find plastic bags to store her breast milk for later use.

Most of the single-use bags she found usually leaked, and the milk got wasted. Junobie is an eco-friendly and reusable option made from silicone that comes in different colors.

The bags have lines to know how much milk is in there and can hold 8 oz of milk. They are safe to use in most electrical kitchen equipment and provide a zero-wastage experience.

After appearing on Shark Tank, Junobie got a lot of free marketing, which made it easier for her product to reach the people of the United States. The company made thousands of dollars in sales in one week after getting a deal on Shark Tank.

According to the LinkedIn profile of the founder, the startup was started in West Lafayette, Indiana in 2019.

Before coming on Shark Tank, Junobie had made $86,000 for the year, which was expected to go up to $300,000 by the year’s end. Nikeytha intended to use the money to help with inventory problems they were facing as they had been self-funding so far.

Junobie has expanded its product line beyond breast milk storage bags. The company now offers trays, boxes, jars, and cups. The products can be purchased on the company’s website, and the Junobie Bag is priced at $24.99 for a pack of two, while the Junobie Tray is priced at $89.99.

What Is The Current Valuation Of Junobie After Shark Tank?

Junobie, a breast milk storage bag manufacturing startup, received a $100,000 investment for 22.5% equity from guest shark Emma Grede on Shark Tank Season 13.

Before appearing on the show, Junobie had made $86,000 for the year, which was expected to go up to $300,000 by the year’s end. The company’s estimated net worth at the time of the pitch was $444k.

After appearing on Shark Tank, Junobie received a lot of free marketing and gained many customers who found the product useful. The sales of their product increased significantly, and their products are now available on Amazon and the company website.

The founder, Nikeytha Ramsey, had a great experience on the show and learned a lot from the sharks.

As of April 2023, there is no updated information on the current valuation of Junobie after Shark Tank. However, the company’s estimated net worth at the time of the pitch was $444k.