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Curl Mix Shark Tank Update

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No matter what type of hair you possess, the curlier the better for this particular brand. Introducing the brand Curl Mix a range of hair care products for your frizzy hair.

The brand is known to be handmade in the USA. The proud owner Kim takes and talks of the pride she has for the company. The company is important for everyone and every type of hair she says.  

Curl Mix at a glance:

Business ideaA hair care brand that uses flaxseeds to make products for frizzy hair
FoundersTim and Kim Lewis
Asked for$400,000 for 10%
Accepted dealNo deal
SharksNo shark
Business statusIn business
EpisodeSeason 10, Episode 14
WebsiteCurl Mix
Buy on AmazonBuy Now!
Curl Mix at a glance

Index:

Founder Story:

The founder Kim has initiated a new technique of washing hair and called it Wash and Go technique. She believes that every 9 out of 10 customers are repeat customers for her product. Every customer loves the product and uses it on a daily basis. The belief that beauty comes naturally comes as a motto for this business and has changed the way people are looking at hair products today.

The company’s team believes in less effort and high-quality products. This means that product usage is easy but the results are well worth it. The company works for the community and enjoys it every step of the way. Therefore they say they are a black-owned and black-operated initiative.

Did Curl Mix get a deal on Shark Tank?

The Curl Mix duo of Tim and Kim kept sharks tangled and then let go of a deal. Let’s see how it went. The husband-wife duo Tim and Kim came to shark tank with an investment of $400,000 for 10% making the valuation of the company became $ 4 million. The sharks in the shark tank were ready to go straight into the financial aspects of the company and this impressed the sharks a great deal.

The financial stated that the product takes $3 to make and sells for $23-$30 on their website. The moment they told their sales expectation of $1 million, all the Sharks started to make a decision. Mark is the first one to go out as he doesn’t have the caliber to be part of the hair care industry. Kevin believes that there is a lot of competition and no potential growth in the industry and the products.

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Lori Greiner too admitted that competition in this industry is high therefore she is out. The two remaining sharks Alli and Robert were left. Robert had an offer on the table as Alli had to go out due to the company’s competition. Robert’s offer was $400,000 for 20%.

The duo of the Curl Mix team confidently declined the offer. The company believed that they were worth much more than the valuation they showed on the Shark tank. 

What happened to Curl Mix after Shark Tank?

Despite not getting a deal from Robert on Shark tank. The company has enjoyed its success so far. They increased their estimated revenue by two times and are making $2 million in annual sales to date. From their appearance in the shark tank, they have managed to only increase their sales. The products have helped the community too. The product is sold on Amazon and their own website.

Product details:

  • The product is made in the USA and is handmade.
  • The company is based in Chicago.
  • The company is funded by 7,000 curl mixers who own shares in the company.
  • They have different product lines like Shampoos, Gels, Wash and Go kits, conditioners, moisturizers, Body butter, hair growth serum, etc.
  • There is a quiz on their website related to the industry and Hair care products.

Competitors of Curly Mix:

  • All natural Beauty
  • Curly in Colarado
  • Curl centric
  • Curl Gel-les
  • Breen Prose LLC

And many more.

What is the net worth of Curly Mix?

The net worth of the company was $ 4 million when the company appeared on shark tank. The company has increased its valuation from there as they have annual sales of more than $ 2 million.

Is Curly Mix still in business?

The Curl Mix company is doing wonders in business and for the community. It has had a good sale so far. Let’s see if they venture out of their comfort zone. The company aimed at $1 million for a year’s revenue and they have increased to double yearly as of now.

Hope to see more products and variety in each of the product lines in the near future. There will be more packages/kits as well. Hope that they do not allow the business to go into a tangle!!

Curl Mix Social Links:

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FAQs:

What is Curl Mix?

Curl Mix is a hair care brand that uses flaxseeds to make products for frizzy hair.

What's the net worth of Curl Mix?

The net worth of the company was $ 4 million when the company appeared on shark tank. The company has increased its valuation from there as they have annual sales of more than $ 2 million.

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