Kook n Kap the Shark Tank Net Worth
According to online research, Kook n Kap went out of business in 2021. Their net worth before appearing on Shark Tank was $250,000. It is unclear what their current net worth is since they are no longer in business.
What was Kook n Kap and Who were the Founders of Kook n Kap?
The Kook n Kap is a chef hat designed to prevent food smells from sticking to hair and to prevent hair from falling into food.
Its creators, Juli Deveau, a Deloitte campus recruiter, and Ozma Khan, an AbbVie pharmaceutical rep, had no experience in product development but believed that their invention would revolutionize kitchens across the nation.
They trademarked and began selling the washable and comfortable chef’s hat in the United States in 2012. Although they had fun promoting their product, they eventually returned to their previous careers, convinced that they had a million-dollar idea.
Kook n Kap Shark Tank Pitch
During their appearance on Shark Tank’s fifth season, Juli Deveau and Ozma Khan sought a $50,000 investment in exchange for a 20% stake in their Kook n Kap business, which they valued at $250,000.
They demonstrated that their elasticized bonnets are designed to protect hair from absorbing food scents and prevent hair from falling into food while cooking.
Barbara requested a Kook n Kap for Kevin, who then asked for a pink one, while the Sharks received samples.
In their first year, Kook n Kap sold 1,729 hats, which were priced between $9.99 and $12.99, with a production cost of $3.70 per hat.
Although Mark thought Kook n Kap was perfect for QVC, he was not interested, and Lori felt that people could substitute the hat with a shower cap, while Barbara could not imagine wearing it while cooking.
Robert found the founders lovely but thought that the hat made them look like 80-year-old grandmothers and was not interested, while Kevin did not view the business as an opportunity and was not interested in investing.
Juli and Ozma left without securing an investment. Their website went down, and their social media presence stopped in February 2014. In 2013, the company went out of business.
As of August 2021, Deveau worked as a recruiter for Deloitte Consulting, while Khan worked as a Senior Medical Science Liaison at Abbvie Pharmaceuticals.
What is the net worth of Kook n Kap?
Juli Deveau and Ozma Khan appeared on Shark Tank seeking a $50,000 investment in exchange for a 20% stake in the Kook n Kap business. This equates to a $250,000 valuation.
Who are the competitors of Kook n Kap?
There is no competitor identified for Kook n Kap.
Kook n Kap Shark Tank Episode Summary
| Company/Product | Kook n Kap |
| Shark Tank Episode | Shark Tank Season 5 Episode 3 |
| Founder & Entrepreneur | Juli Deveau and Ozma Khan |
| Amount Asked For | $50,000 for a 20% stake in her business |
| Deal: Accepted Offer | No deal reached |
| The Shark Investor | None |
| Business Net Worth | $0.25 million valuation |
| Business Status | The business is no longer operations |
Kook N Kap Shark Tank Updates
Kook n Kap is a chef hat designed to prevent food smells from sticking to hair and to prevent hair from falling into food. The creators of Kook n Kap are Juli Deveau, a Deloitte campus recruiter, and Ozma Khan, an AbbVie pharmaceutical rep.
Kook n Kap was featured on Shark Tank season 5 episode 3 on April 10th, 2013. The founders of Kook n Kap asked for $50,000 for 20% of their business. However, Kook n Kap went out of business in 2021[2][3].
The current net worth of Kook n Kap is unknown, and the product is no longer available in the market.
Kook n Kap was designed to be a washable, comfortable hat used to prevent odors from entering the user’s hair. The Kook n Kap was from Los Angeles.
The Kookn Kap Girls, Juli Deveau and Ozma Khan, came into the Shark Tank with a stylish cooking cap that thousands of Shark Tank fans were going to love.
The Kookn Kap not only kept hair from getting into food while cooking, but it also kept the smell of food from getting into hair. The Kookn Kap was a little different from the traditional cooking hat, but it looked good on the ladies.
Unfortunately, Kook n Kap went out of business in 2021, and the product is no longer available in the market. The reasons for the business’s failure are unclear. Sometimes businesses don’t succeed because of many reasons.
Sometimes, the deal falls through after the founders say yes on camera. Or, sometimes things happen to the founders themselves, and they choose to abandon the business.
Kook n Kap FAQS
What Is Kook N Kap?
Kook n Kap is a chef’s hat designed to keep hair from smelling like food and to prevent hair from falling into food while cooking. The idea was patented and trademarked by Juli Deveau, a Deloitte campus recruiter, and Ozma Khan, an AbbVie pharmaceutical representative.
They had no experience in product development but believed that their invention would revolutionize kitchens across the nation. They appeared on Shark Tank in 2013, requesting an investment of $50,000 in return for 20% equity in the Kook n Kap business.
After their appearance on Shark Tank, Kook n Kap did not take off as the founders had hoped. The website link goes nowhere, and social media has not been updated since February 2014. Kook n Kap went out of business in 2021, and their net worth before appearing on Shark Tank was $250,000.
How Does Kook N Kap Works?
Kookn Kap is a chef’s hat designed to keep hair from smelling like the food being cooked and to prevent hair from falling into the food. The founders of Kookn Kap, Juli Deveau and Ozma Khan, came up with the idea after a night of cooking and noticing that their hair smelled afterward.
They patented and trademarked their idea and started producing Kookn Kap for sale.
Kookn Kap is made of a durable and breathable fabric that is elasticized to allow air inside and keep the wearer feeling comfortable. It is washable and reusable, making it an eco-friendly alternative to disposable hats.
To use Kookn Kap, the wearer twirls their hair up and places it into the cap, which protects their hair from any potential smells or hazards that could get into any loose hair.
Kookn Kap appeared on Shark Tank in season 5, episode 3, on April 10th, 2013. The founders asked for $50,000 in exchange for 20% of the company. However, they were unable to make a deal with the sharks. Kookn Kap did not take off quite the way the founders had hoped.
The Kookn Kap website has since been taken down, and the Twitter account has remained inactive since 2014. It appears that Kookn Kap went out of business in 2021.
What Happened To Kook N Kap After Shark Tank?
Kookn Kap, a company that produces old-world style caps, appeared on Shark Tank in October 2013. The founders, Juli Deveau and Ozma Khan, requested an investment of $50,000 in return for 20% equity in the business.
Although Mark Cuban called Kookn Kap “the perfect QVC product,” Lori Greiner believed that consumers could replace the cap with a shower cap. Kookn Kap did not receive an investment from the Sharks, but the founders continued to run the business for a brief time.
As of August 2021, Kookn Kap is no longer in operation, and the product is no longer available in the market. The current net worth of the company and its founders is unknown.
Juli Deveau now works for Deloitte Consulting as a recruiter, and Ozma Khan is a Senior Medical Science Liaison at Abbvie Pharmaceuticals. It is unclear why Kookn Kap went out of business, but it is possible that the company did not achieve great success for various reasons.
What Is The Current Valuation Of Kook N Kap?
Kook n Kap is a company that appeared on Shark Tank seeking a $50,000 investment in exchange for a 20% stake in their business, which they valued at $250,000. However, Kook n Kap went out of business in 2021, and their net worth before appearing on Shark Tank was $250,000.
It is unclear what their current net worth is since they are no longer in business.
Kook n Kap was selling their hats for $9.99 to $12.99 each, and on average, they cost $3.70 to produce. The company’s product was a cooking cap that protects hair from smelling like food while cooking. The Kook n Kap was not profitable since they went out of business in 2021.
Is Kook N Kap Still In Business?
Kook n Kap went out of business in 2021. The company was founded by Juli Deveau and Ozma Khan, who appeared on Shark Tank in 2013 to pitch their idea for a comfortable, washable chef’s hat that would keep hair from smelling like food and out of the food.
They patented and trademarked their idea and started producing the Kook n Kap in the USA for sale.
Despite their enthusiasm and belief that they had the next million-dollar idea, Kook n Kap did not take off quite the way the founders had hoped. The company kept going for a brief time, but it appears that without a deal from Shark Tank, they were unable to sustain the business.
As of August 2021, Deveau works for Deloitte Consulting as a recruiter, and Khan is a Senior Medical Science Liaison at Abbvie Pharmaceuticals.
In conclusion, Kook n Kap is no longer in business, and the product is no longer available in the market.
What was Kook n Kap?
Kook n Kap is a washable, comfortable hat used to prevent odours from entering the user’s hair.
Who were the founders of Kook n Kap?
Juli Deveau and Ozma Khan are the two ladies behind Kook n Kap.
How much were they seeking in the Shark Tank?
They sought $50,000 investment in exchange for a 20% stake in their Kook n Kap business.
Did they get the deal from the Sharks?
They were rejected from the Tank and no deal was made.
Is Kook n Kap still in business?
Kook n Kap is no longer in business.
How much were they selling?
They were selling their hats for $9.99 to $12.99 each, and on average, they cost $3.70 to produce.
Where was Kook n Kap located?
The Kook n Kap was from Los Angeles.
When was Kook n Kap featured on Shark Tank?
Kook n Kap was featured on Shark Tank season 5 episode 3 on April 10th, 2013
Was Kook n Kap profitable?
The Kook n Kap was not profitable since they closed the business in 2013.
Where was Kook n Kap manufactured?
The Kook n Kap was manufactured in Los Angeles, United States.
What is the net worth of Ozma Khan?
Ozma Khan’s net worth is unavailable.
What is the net worth of Juli Deveau?
Juli Deveau’s net worth is unavailable.
Where are they now?
Deveau is a recruiter for Deloitte Consulting as of August 2021, while Khan is a Senior Medical Science Liaison at AbbVie Pharmaceuticals.
What Happened to Kook n Kap after the Shark Tank?
With a broken website connection and social media that hasn’t been updated since February of 2014.
How was the sales for Kook n Kap?
In their first year, the couple managed to sell 1,729 hats.
Was Kook n Kap patent?
They registered and trademarked their invention and began selling the Kook n Kap.
How they came up with the idea?
When the two wonderful ladies were preparing Asian food one night and found their hair smelled like the food they were cooking, they decided to co-create the Kook n Kap.
To avoid their hair from smelling like whatever they were preparing, the two ladies devised a comfy, washable chef’s hat (it also keeps hair out of the food).
