Kahawa 1893 Coffee Shark Tank Net Worth 2023 | What Happened To Kahawa 1893 After Shark Tank?

Margaret Nyamumbo, the founder of Kahawa 1893 Coffee, appeared on Shark Tank Season 14 Episode 14 to seek $350,000 for 5% equity.  This gives a company worth of $7 Million (valuation based on the founder’s estimation)

During the shark tank show, Margaret accepted a $350,000 offer for 8% equity from guest Shark Emma Grede.  This put the company valuation of Kahawa 1893 to an estimated net worth of $4.375 million, though the exact current net worth is unknown.

The company sells whiskey and rum barrel-aged coffees for $28 per 12-ounce bag and bulk coffees in 2 and 5-pound bags for $35 and $75 respectively.

Kahawa 1893 Coffee Shark Tank Update

In this article, we will introduce you to Margaret Nyamumbo, the founder of Kahawa 1893, a coffee company that has been making waves in the industry. Margaret recently appeared on Shark Tank, where she dazzled investors with her unique blend of coffee and her inspiring story.

Who is Margaret Nyamumbo?

Margaret Nyamumbo is a Kenyan-American entrepreneur who founded Kahawa 1893 in 2018. Margaret’s background in coffee dates back to her childhood in Kenya, where she would help her father on their family coffee farm.

After moving to the United States, Margaret pursued a career in law but always had a passion for coffee.

She studied abroad in the USA and returned home with ideas on how to bring Kenyan coffee to the world in a way that benefits women farmers the most.

Kahawa 1893 is a Kenyan coffee business that sources its coffee directly from women farmers in Africa. It also allows customers to tip the coffee farmers, which Kahawa 1893 matches. The company makes over a million dollars in sales every year

In 2018, Margaret decided to combine her love for coffee and her entrepreneurial spirit and founded Kahawa 1893. The company’s name comes from the Swahili word for coffee, “kahawa,” and the year 1893, which marks the first time coffee was planted in Kenya.

Kahawa 1893’s Unique Blend of Coffee

Kahawa 1893’s coffee is unique in that it blends coffee beans from Kenya and other African countries to create a flavor profile that is both bold and smooth. The company’s signature blend, “Afro Blend,” has been praised for its complex flavor notes of dark chocolate, citrus, and berry.

Margaret’s commitment to quality is evident in every aspect of her business. Kahawa 1893’s coffee beans are sourced directly from farmers in Africa, ensuring that they receive fair prices for their products. The beans are then roasted in small batches in the United States to ensure maximum freshness and flavor.

What Makes Kahawa 1893 Unique?

Kahawa 1893 stands out from other coffee brands for several reasons. Firstly, the company sources its coffee beans directly from small-scale farmers in Kenya, ensuring that the farmers receive fair prices for their produce. This approach to sourcing also ensures that the coffee beans are of the highest quality, as they are grown in the ideal conditions for Kenyan coffee.

Secondly, Kahawa 1893 focuses on single-origin coffee, which means that the coffee beans are sourced from a specific region in Kenya. This approach allows the brand to highlight the unique flavors and aromas of each region, giving customers a truly authentic Kenyan coffee experience.

Finally, Kahawa 1893 is committed to sustainable and ethical practices. The company ensures that all its packaging is environmentally friendly and biodegradable, and it also partners with local owomen in Kenya to provide education and support for small-scale farmers.

What Happened To Kahawa 1893 At & After Shark Tank Pitch?

Margaret’s appearance on Shark Tank was a pivotal moment for Kahawa 1893. She impressed the investors with her passion for coffee and her business acumen. Mark Cuban, one of the show’s investors, was particularly impressed with the company’s unique blend of coffee and its commitment to ethical sourcing.

Margaret Nyamumbo of Kahawa 1893 appeared on an episode of Shark Tank in February 2023. She pitched the Sharks for $350k for 5% equity and offered a sampler pack of her top-selling coffees to celebrate the airing.

Kahawa 1893 has been a success. The founder noted that the company generated more than $2 million in gross revenue sales over the last twelve months, and is estimated to be worth $4.3 million.

To celebrate their appearance on Shark Tank, Kahawa 1893 has released a sampler pack of their top-selling coffees exclusively offered to viewers of the show

In Shark Tank Season 14, Margaret Nyamumbo of Kahawa 1893 was seeking from the Sharks an investment of $350k for 5% equity and accepted $350,000 for 8% equity from guest Shark Emma Grede.

Emma Grede is an entrepreneur and investor who initially offered Margaret Nyamumbo $350,000 for 5% equity in Kahawa 1893 on Shark Tank Season 14 Episode 14.

However, she later changed her offer to $400,000 for 10% equity after being impressed by Nyamumbo’s backstory and sales.

They later agreed on a $350,000 for 8% equity and Nyamumbo quickly accepted the offer and is now working with Grede to grow her business.

Since appearing on Shark Tank, Kahawa 1893 has experienced a surge in popularity. The company’s coffee is now available in select Whole Foods stores and has garnered a dedicated following of coffee lovers who appreciate its unique flavor profile and ethical business practices.

Kahawa 1893 Coffee Shark Tank Net Worth

Margaret Nyamumbo, the founder of Kahawa 1893 Coffee, appeared on Shark Tank Season 14 Episode 14 to seek $350,000 for 5% equity.  This gives a company worth of $ 7 Million (valuation based on the founder’s estimation)

During the shark tank show, Margaret accepted $350,000 offer for 8% equity from guest Shark Emma Grede.   This put the company valuation of Kahawa 1893 to the estimated net worth of $4.375 million, though the exact current net worth is unknown.

The company sells whiskey and rum barrel-aged coffees for $28 per 12-ounce bag and bulk coffees in 2 and 5-pound bags for $35 and $75 respectively.

Conclusion

Margaret Nyamumbo and Kahawa 1893 are a testament to the power of passion and perseverance in entrepreneurship. Margaret’s love for coffee and her commitment to ethical sourcing have made her company a success, and her appearance on Shark Tank has helped to further elevate her brand.