Browndages Net Worth

After making their Shark Tank debut, Browndages enjoyed a surge of sales. They are now living up to the $400,000 valuation that the Sharks gave them, and it is likely that their net worth will go even higher soon. In fact, in 2022, they had 76,000 followers on Instagram.

Rashid Mahdi and Intisar Bashir founded Browndages, a Columbus, Ohio-based startup that sells bandages that are skin tone-friendly. Sales started slowly, but the brand’s appearance on ABC’s “Shark Tank” helped it gain more visibility. Within six days, sales were up over two hundred thousand dollars.

The brand now has a wide range of products, from bandages for every skin tone to first aid kits. They are available online as well as in 25 local mom-and-pop stores. In addition to bandages, the brand also sells first aid kits, healing balm, and bundles. The company even has its own anthem! The bandages can be bought at a price of $3.99 for 20 adult bandages and $4 for 20 for kids. Each bandage costs $0.63 cents to make.

The growth of the brand is impressive, with the company receiving attention from a number of different publications. The company has expanded to include more than bandages – they now also sell first aid kits, pajamas, books, hats, and masks. Several of their products are even customizable, so customers can design them with their child’s face in mind.

Intisar also handles customer service. Rashid runs the company with the help of family friends. The company has a thriving market share and recently won a Shark Tank deal. It was worth $75,000 for a 7.5% stake in the company. This was a good outcome for both Rashid and the company.

The brand’s unique product was a hit on Shark Tank. It was the first bandage company to sell adhesive bandages for people of color. The company even expanded its shade range in June. With this growth came a lot of competition from larger companies. Nevertheless, the company remained successful, and has a net worth of $2 billion.

In addition to the standard bandages, Browndages also offers a range of other variations. For instance, they have extended their range to include deeper skin tones. They have also introduced healing balms and first aid kits. In addition, they now have a wide range of products, including character bandages and elastic bandages.