Kinfield Shark Tank Update | Kinfield Net Worth

Kinfield is a skincare line that appeared in episode 11 of season 14 of Shark Tank. Founded by Nicole Powell, Kinfield offers a range of outdoor-inspired skincare products that cater to adventurous individuals. 

The Golden Hour mosquito repellent stands out for its unique formulation and effectiveness as one of their most notable products.

The Golden Hour mosquito repellent is a perfect choice for outdoor enthusiasts who want an alternative to traditional mosquito repellents containing DEET. 

Citronella is combined with soothing essential oils to create a unique strain of this product. This natural combination acts as an excellent mosquito repellent without the need for harsh chemicals.

The effectiveness of the Golden Hour mosquito repellent lies in its carefully crafted formula. Kinfield combines citronella with essential oils to create a product that effectively repels mosquitoes and provides a soothing, pleasant scent.

The carefully selected blend of ingredients ensures that users can enjoy their outdoor activities without worrying about mosquito bites. In addition to its efficacy, Kinfield’s Golden Hour mosquito repellent is also a sustainable choice.

The brand is committed to environmental issues and offers a 40% discount to customers who return empty product packages. The Kinfield Company contributes to a more sustainable future by encouraging recycling and reducing waste.

Kinfield’s Golden Hour mosquito repellent is an excellent choice for those who love the outdoors and seek an alternative to DEET-based products. Its natural formulation, combining citronella and essential oils, effectively repels mosquitoes while providing a pleasant experience.

With its commitment to sustainability, Kinfield offers a skincare option that aligns with both personal and environmental values.

What Is Kinfield?

Kinfield is a skincare company that focuses on providing natural and sustainable products for outdoor enthusiasts. Their product range includes essentials for the great outdoors, such as bug repellant, cooling spray, moisturizing sticks, caps, visors, bandanas, and water bottles.

Kinfield’s products are vegan, cruelty-free, and free of parabens, sulfates, and phthalates. They prioritize sustainability by using BPA-free plastic containers and shipping purchases in reusable produce bags.

Additionally, the company offsets carbon emissions from manufacturing and team travel to reduce its carbon footprint. The Sunscreen SPF 32 has been named “Best Face Sunscreen” by the 2022 Bustle Beauty Awards.

Kinfield features a transparent rose-gold tint that blends well with all skin tones and provides a light, hydrating formula. The sunscreen is reef-safe and does not contain non-nano zinc oxide, benzenes, phenoxyethanol, PEGs, or other marine compounds.

The Sunday Spray is also a popular product for soothing burnt or stressed skin. It contains spearmint, cucumber, eucalyptus, prickly pear, and aloe vera to provide cooling and nourishing effects.

The SOS Rescue Mask is a versatile product that functions as an overnight cream, 10-minute mask, spot treatment, and daily moisturizer. It contains soothing ceramides and a blend of meadowfoam seed oil, chamomile extract, ginkgo extract, and avocado oil.

The Lip Rescue Balm by Kinfield soothes and moisturizes lips with ingredients such as shea butter, sea buckthorn oil, mango seed butter, jojoba oil, and sweet mint. Lastly, their Golden Hour Mosquito Repellant is made organically with Indonesian citronella, vanillin, lauric acid, clove bud, and lemongrass. It can be sprayed generously on exposed skin and clothing to repel insects.

Kinfield’s founder, Nichole Powell, has a background in political science, international studies, and European studies. She started Kinfield in April 2018 after realizing the need for DEET-free insect repellants during her travels.

With experience in startups and a passion for clean beauty, she launched Kinfield with a focus on creating functional and visually beautiful.

Who Is The Founder Of Kinfield?

The founder of Kinfield is Nichole Powell, an outdoor enthusiast with a passion for skincare. Nichole’s background includes founding her lifestyle website, working at an online fashion retailer, and leading successful marketing campaigns at Intuit.

Her love for the outdoors and her personal experiences camping and backpacking led her to create Kinfield. Nichole’s idea for Kinfield originated when she realized that the personal care products she used while camping were old-fashioned and didn’t reflect her values.

She wanted to offer clean, ethical, and planet-friendly alternatives to traditional outdoor skincare products. Nichole’s inspiration further grew during her travels in Indonesia, where she discovered a unique citronella blend that effectively repelled mosquitoes without the use of DEET.

Before appearing on Shark Tank, Kinfield was in its early stages but already had a clear vision. The brand aimed to provide products that were not only effective but also aesthetically pleasing.

Nichole had strict product requirements, including being safe for people and the planet, vegan and Leaping Bunny certified, and free from harmful ingredients like parabens, sulfates, phthalates, and synthetic fragrances.

To bring her vision to life, Nichole sought the help of advisors and partnered with a manufacturer and lab. Kinfield focused on sourcing sustainable ingredients, using food-grade preservatives, and implementing eco-friendly packaging practices.

The brand also prioritized social and environmental responsibility, obtaining B Corp Certification and joining initiatives like “1% for the Planet.”

Kinfield’s journey before appearing on Shark Tank involved Nichole’s passion for the outdoors, her desire to create clean and effective skincare products, and her commitment to sustainability and giving back. Through her experiences and dedication, Nichole established a brand that celebrates the outdoors while offering high-quality skincare solutions.

How Was The Shark Tank Pitch Of Kinfield?

Nichole Powell pitched Kinfield, an alternative to traditional bug sprays, on Shark Tank Season 14. She aimed to create chemical-free bug sprays that are effective. Nichole sought a $250,000 investment for 5% equity in her business.

Nichole pitched Kinfield’s bug-repellent products to the sharks, and they asked about their effectiveness. Nichole shared that an independent laboratory study conducted by Kinfield showed the product could protect for just over three hours.

While the product quality wasn’t in question, the sharks were not enthusiastic about the company’s valuation of $5 million.

Nichole projected that her company would generate over $2 million in gross revenue by the end of the year, with a customer acquisition cost of just over $25.

Mark Cuban wasn’t interested and dropped out. However, Barbara Corcoran and Tony Xu saw potential in Kinfield.

Barbara offered $250,000 for 10% equity and requested a $2 royalty until her investment was recouped.

Kevin O’Leary made a similar offer but asked for only 5% equity. He also requested a $1.50 royalty until he received $750,000 back.

Lori Greiner offered $250,000 for 5% equity with a $4 royalty per unit until her investment was recovered. Guest shark Tony Xu offered $250,000 for 10% equity.

After further discussions, Tony and Barbara teamed up to offer $250,000 for 10% equity. Nichole accepted their offer. This meant that Barbara and Tony became partners in the deal.

Here is a summary of the offers made by the sharks and the final deal:

Nichole Powell’s pitch for Kinfield on Shark Tank Season 14 was successful as she secured a deal with Barbara Corcoran and Tony Xu for a $250,000 investment in exchange for 10% equity in her company.

Did Kinfield Get a Deal on Shark Tank?

Yes, Kinfield did get a deal on Shark Tank. Founder Nichole Powell appeared on Season 14, Episode 11 of Shark Tank and asked for $250,000 for 5% equity at a $5 million valuation.

After negotiations, sharks Tony Xu and Barbara Corcoran made an offer of $250,000 for 10% equity, which Nichole accepted. The deal was finalized, and Tony Xu and Barbara Corcoran became investors in Kinfield.

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What Happened To Kinfield After Shark Tank?

After appearing on “Shark Tank,” Kinfield, a vegan and cruelty-free line of insect repellents and sunscreens, experienced significant success and growth. Entrepreneur Nichole Powell pitched her brand with a stellar pitch, highlighting the need for clean alternatives to chemical products.

Kinfield’s first product, Golden Hour bug repellent, made with citronella, lemon grass, and vanilla, caught the attention of the sharks.

Barbara Corcoran offered $250,000 for 10% equity and a $2 royalty per product until reimbursed. Kevin O’Leary proposed $250,000 for 5% equity and a $1.50 royalty until reimbursed $750,000. Lori Greiner offered $250,000 for 5% equity and a $4 royalty per unit until reimbursed.

Tony Xu, the guest shark and CEO of DoorDash, also offered $250,000 for 10% equity. Ultimately, Powell accepted the joint offer from Corcoran and Xu.

Following the show, Kinfield thrived and expanded its product line to include sports products, relief products, anti-itch solutions, and more.

The brand engaged customers through giveaways on social media and hosted events focused on environmental care. Kinfield’s founder, Nichole Powell, remains dedicated to the brand’s growth as the CEO.

Kinfield’s appearance on Shark Tank resulted in a successful deal with Barbara Corcoran and Tony Xu. The brand has since flourished, expanding its product offerings and engaging customers through various initiatives while maintaining a commitment to clean and sustainable outdoor living.

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Kinfield Shark Tank Update

After appearing on Shark Tank, Kinfield experienced a significant boost in its business. Nichole Powell, the founder of Kinfield, received multiple offers from the investors on the show and ultimately secured a deal with two backers, Barbara Corcoran and Tony Xu, who invested $250,000 for a stake in the company. This exposure on national television helped Kinfield gain traction and increase its sales.

Following the Shark Tank episode airing in January 2023, Kinfield saw a remarkable surge in sales. In fact, the brand reported 28 times more sales in January 2023 compared to the previous January. This success demonstrated the brand’s potential for delivering strong revenue even during its offseason.

Kinfield’s appearance on Shark Tank also validated its clean approach to personal care products. The brand focuses on offering clean, eco-friendly outdoor essentials by eliminating harmful ingredients such as parabens, sulfates, phthalates, and synthetic fragrances.

Kinfield’s products are vegan, cruelty-free, and designed to be safe for both consumers and the environment. These values have resonated with the clean beauty crowd, as evidenced by positive customer reviews.

The brand continues to thrive today by expanding its product line. In the fall of 2023, Kinfield launched its Sport line, featuring an anti-chafe balm, a natural deodorant, and cleansing cloths.

Looking ahead, Nichole Powell envisions Kinfield becoming a pioneer of sustainability in consumer products that are both clean and effective. She aims to create an inspired community of outdoor enthusiasts who appreciate Kinfield’s plant-based, science-backed products.

Additionally, Powell hopes to partner with retailers and explore non-traditional shopping experiences, such as concept shops and brand pop-ups.

Appearing on Shark Tank provided Kinfield with a significant boost in sales and exposure. With the support of investors and a commitment to clean and effective outdoor products, the future looks bright for Kinfield.

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Is Kinfield Still In Business?

Yes, Kinfield is still in business. Founded by Nichole Powell in 2018, Kinfield is an outdoor skincare brand that creates plant-based products using natural ingredients. This eco-friendly company focuses on providing clean skincare solutions for outdoor enthusiasts.

With a range of products like Golden Hour and Sunglow SPF 35, Kinfield has gained popularity and has been featured in various media publications. Despite facing challenges at the beginning, the brand has steadily grown its sales, reaching an estimated worth of $4 million.

Kinfield’s commitment to sustainability is evident through its recyclable packaging and eco-friendly initiatives. They offer a recycling program where customers returning old product packages receive a 40% discount on their next order.

With its presence in over 47 locations across the United States and Australia, Kinfield has successfully expanded its reach. As of now, the company continues to thrive under the leadership of Nichole Powell and a team of nine dedicated women.

What Is the Net Worth Of Kinfield?

According to our research, Kinfield’s net worth is estimated at $4 million. The valuation of Kinfield was $2.5 million after securing an investment from Tony Xu and Barbara Corcoran on season 14 of Shark Tank.