Kahawa 1893 Shark Tank Net Worth

Kahawa 1893 Coffee is a brand that was featured on episode 14 of season 14 of ABC’s Shark Tank. It is a coffee brand with a purpose, aiming to empower women coffee producers in Kenya.

The founder, Margaret “Maggy” Nyamumbo, comes from a family with a long history in the coffee-growing business in Kenya. Inspired by her roots and the marginalized position of women in the industry, Maggy created Kahawa 1893 Coffee to give back to the women in her culture.

Kahawa 1893 Coffee is distinguished by its commitment to transparency and sustainability. The brand works directly with farmers and producers in Kenya, ensuring that the profits from the coffee return to the African continent.

Kahawa 1893 Coffee is committed to supporting women farmers and promoting sustainable practices. The coffee itself is of high quality, as African-grown coffee beans are known for their exceptional taste.

The brand offers a wide selection of coffee, catering to customers who are conscious about the origins of their beans. Each product tells a story, and the eco-friendly packaging includes information about the coffee’s preparation.

In addition to its coffee offerings, Kahawa 1893 also provides a range of African teas for those who prefer tea over coffee. Customers have the opportunity to contribute directly to the Kenyan women involved in coffee production through a “tip page,” with the owner matching all tips 100%.

The brand also utilizes QR codes on its packaging, allowing customers to scan and provide additional support to the farmers.

Kahawa 1893 Coffee has gained recognition and has been featured in media platforms such as Forbes, Medium, and Harambeans. It became the first coffee brand sold at Trader Joe’s and is now available in 200 establishments across America.

The brand’s products are sold at various locations, including Trader Joe’s, Target, The Fresh Market, and Sprouts.

Coffee enthusiasts who value both taste and social impact will find Kahawa 1893 Coffee to be an excellent choice because it empowers women, promotes sustainability, and offers high-quality African-grown coffees.

Customers can enjoy a delicious cup of coffee while supporting female coffee producers in Kenya by supporting this brand.

Company NameKahawa 1893
FounderMargaret Nyamumbo
ProductPremium coffee from Africa
Investment Seeking$350,000 for 5% equity
Final Deal Accepted$350,000 for 8% equity
Shark NameEmma Grede
EpisodeSeason 14, Episode 14
Business StatusIn Business
WebsiteKahawa 1893
Net Worth$5 Million

What Is Kahawa 1893?

Kahawa 1893 is a coffee brand that offers premium African coffee sourced from woman-owned farms. The brand prides itself on using specialty-grade beans and small-batch roasting to provide high-quality coffee.

In addition to offering various coffee blends and products, Kahawa 1893 is committed to working directly with farmers, empowering women, and promoting transparency in its operations. The brand also emphasizes its African roots and the story of how coffee made its way back to Africa in 1893.

Kahawa 1893 Shark Tank Net Worth

Kahawa 1893 is a traditional African coffee business founded in 2017. The company aims to bring premium African coffee from women coffee farmers in Kenya, Rwanda, and Congo to the world.

Their brand name “Kahawa” means coffee in Swahili, and the number 1893 refers to the date of the founder’s family’s coffee farm story.

Kahawa 1893 imports coffee directly from the farmers and processes it, connecting the direct consumer to the coffee producers. They offer different types of premium coffee products, such as Safari Blend, Kenyan Single Origin, Serengeti Blend, Ethiopian Blend, Roaster’s Choice, and more. Kahawa 1893 also sells various types of tea.

Who Is The Founder Of Kahawa 1893?

The founder of Kahawa 1893 is Margaret Nyamumbo, a third-generation coffee farmer from Kenya. Margaret’s grandfather was one of the first Kenyan natives permitted by the British colonists to grow coffee.

Growing up on the farm, Margaret witnessed the inequality faced by women in the coffee industry, where they did most of the work but received little compensation.

After pursuing her education in the United States, earning a BA from Smith College and an MBA from Harvard, Margaret initially worked on Wall Street. However, she became increasingly passionate about building a business that would empower women in the coffee industry back home.

With this vision in mind, Margaret established Kahawa 1893 as a black woman-owned boutique company. The company’s mission is to utilize the artisan skills of Kenyan communities to produce locally sourced, premium-quality coffee beans.

Margaret’s goal is to encourage, support, and empower women farmers by providing them with equitable wages and additional income opportunities.

Before appearing on Shark Tank, Kahawa 1893 had already established itself as a social enterprise. The company sourced its coffee beans directly from women farmers in Kenya and Rwanda, ensuring fair wages.

Margaret also created a fund that supplemented the farmers’ income, invested in their future, and provided access to credit. Additionally, the company’s website featured a “tip page” where visitors could contribute directly to the women’s coffee producers, with Margaret matching all tips 100%.

The Kahawa 1893 packages even included a QR code for customers to scan and send tips directly to a farmer’s e-wallet, which also matched 100%.

Furthermore, Margaret collaborated with Smith College and Harvard to provide scholarships for women through Kahawa 1893, paying forward the opportunities she received.

By prioritizing women’s empowerment and supporting local communities, Kahawa 1893 had already established itself as a socially conscious and impactful company before its appearance on Shark Tank.

How Was The Shark Tank Pitch Of Kahawa 1893?

Kahawa 1893 is Margaret Nyamumbo’s coffee brand, which aims to put an end to the underpayment of women coffee farmers in Kenya. She presented her brand in the Shark Tank pitch.

Margaret explained that while the farms belong to men in African culture, it is the women who do most of the work.

To make a difference, Kahawa 1893 exclusively sources its coffee from women farmers in Africa and implements a tipping program.

Kahawa 1893 Shark Tank Net Worth

Customers can leave tips for the farmers through a QR code on the packaging, and the company matches every tip made. By doing so, they empower and support these women farmers financially.

Margaret sought a $350,000 investment in exchange for 5% equity in her company. However, during the pitch, Kevin O’Leary dropped out early due to disagreements on valuation.

Emma Grede showed interest and offered $350,000 for 12.5% equity. Robert Herjavec then proposed joining Emma’s deal by offering an additional $350,000 for 12.5% equity.

Mark Cuban opted out of investing as he didn’t find the company aligning with his investment preferences.

Lori Greiner also declined since there were already strong offers on the table. Margaret countered the sharks with an offer of $150,000 for 8% equity and a loan of $200,000.

Robert and Emma both countered with the same deal as Margaret’s initial ask: $350,000 for 8% equity. Mark and Lori then expressed their willingness to accept the same deal. In the end, Margaret accepted Emma’s offer of $350,000 for 8% equity.

Shark NameInvestment OfferedCounter Offer by FounderFinal Deal Accepted
Emma Grede$350,000 for 12.5%$150,000 for 8% + loanNo
Robert Herjavec$350,000 for 12.5%$350,000 for 8%No
Mark CubanNo
Lori GreinerNo

The Sharks recognized the social mission behind Kahawa 1893 and were impressed by its revenue and growth potential. Through the deal with Emma Grede, Margaret aimed to take her company to new heights.

Did Kahawa 1893 Get a Deal on Shark Tank?

Kahawa 1893, the African coffee brand founded by Margaret Nyamumbo, did secure a deal on Shark Tank. Margaret entered the tank seeking $350,000 for 5% equity but faced some initial resistance.

Eventually, Emma Grede made an offer of $350,000 for 8% equity, which Margaret accepted. This investment allowed Kahawa 1893 to expand its business further and bring its premium African coffee to a wider audience.

After securing the deal, Margaret and her company continued to make progress. Kahawa 1893 products became available at Trader Joe’s and Target stores across the United States. The brand also received media coverage in publications such as Elite Daily, The New York Times, and Robb Report.

Kahawa 1893 is still in business and headquartered in Berkeley, California. The company employs 2-10 people and continues to deliver its African premium coffee to customers.

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What Happened to Kahawa in 1893 After Shark Tank?

After appearing on Shark Tank in February 2023, Kahawa 1893 experienced significant growth and success. Maggy Nyamumbo, the founder and CEO, sought $350,000 in exchange for 5% of the company.

She ultimately secured a deal with guest Shark Emma Grede for $350,000 in exchange for 8% of the company.

Following the episode, Kahawa 1893 expanded its presence and is now available in 1,037 stores across the United States. The brand also formed a partnership with the woman-owned Brooklyn coffee shop Early Yves.

Kahawa 1893 Shark Tank Net Worth

The exposure on Shark Tank and the subsequent partnership with Emma Grede helped propel Kahawa 1893’s growth. The company’s revenue increased significantly, reaching $2 million in 2021. By the time of the Shark Tank appearance, Kahawa 1893 was on track to hit $4 million in revenue.

Kahawa 1893’s unique approach to empowering and supporting women farmers in Kenya also played a crucial role in its success.

Each bag of Kahawa coffee contains a QR code that allows consumers to tip the women farmers directly. The company matches each tip, and by 2022, it had given over $20,000 to these hardworking farmers.

Furthermore, Kahawa 1893 allocates 25% of its profits to support access to credit for Kenyan women. This initiative enables them to upgrade farming equipment, participate in trade, and become more financially empowered.

By popularizing her coffee brand in the U.S., Africa, and beyond, Maggy Nyamumbo aims to build a more inclusive and equitable coffee supply chain in East Africa.

With its mission-driven approach and delicious coffee offerings from Kenya, Rwanda, and Congo, including unique barrel-aged beans, Kahawa 1893 continues to make a cultural difference and create positive change in the coffee industry.

After appearing on Shark Tank, Kahawa 1893 experienced significant growth, expanded its distribution across the U.S., formed partnerships, and continued its mission to empower women farmers in Kenya.

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Kahawa 1893 Shark Tank Update

After appearing on the ABC show “Shark Tank,” Kahawa 1893 experienced significant growth and success in its business. The brand’s founder, Margaret Nyamumbo, impressed the Sharks with her commitment to empowering women in the African coffee industry and her unique value proposition.

Emma Grede, one of the Sharks, agreed to invest $350,000 for a 5% equity stake, valuing the company at $7 million.

This investment had a positive impact on Kahawa 1893’s valuation and market position. The endorsement from a Shark, particularly an entrepreneur like Emma Grede, and the partnership formed with Robert Herjavec further strengthened the brand’s credibility.

The funding provided by the investment allowed Kahawa 1893 to scale its operations, expand its market reach, and enhance its overall valuation.

Kahawa 1893 Shark Tank Net Worth

Kahawa 1893’s business model focuses on sourcing coffee directly from women farmers in Kenya, Rwanda, and Congo. By doing so, the brand not only provides a fair and stable income to these women but also fosters economic independence and empowerment within their communities.

Additionally, Kahawa 1893 promotes African coffee culture and raises awareness of the specialty beans produced in Kenya and other regions like Ethiopia and Rwanda.

With its commitment to quality coffee and social impact, Kahawa 1893 has garnered attention from both consumers and investors interested in brands with a purpose.

The company’s success on “Shark Tank” has further boosted its reputation, allowing it to make a significant socio-economic contribution while maintaining a strong market presence.

Kahawa 1893’s appearance on “Shark Tank” was a pivotal moment for the brand. The investment received, along with the endorsement and partnership formed with the Sharks, led to increased valuation, strengthened market position, and expanded operations.

The brand’s commitment to empowering women in the coffee industry and promoting African coffee culture has resonated with consumers and investors alike.

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What Is the Net Worth Of Kahawa 1893?

According to our research, the net worth of Kahawa 1893 is estimated to be $5 million. The valuation of Kahawa was $4.375 million after securing an investment from Emma Grede on season 14 of Shark Tank.

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