What Happened To Do Amore After The Shark Tank?
Do Amore After Shark Tank Update: Do Amore is a retail luxury good and jewelry brand. This company reaches social goods, engagement rings, and wedding rings directly to the consumer, which reduces the cost and people find an affordable ring.
Jewelry is a very big marketing, many players are present in this industry. So if we follow the market value of the jewelry industry, then in 2020 it was USD323.98 billion. This industry is growing very fast, as people are going to like jewelry, in the same way, its growth is increasing.
What Is Do Amore Jewelry?
Do Amore Jewelry Started in 2013 Houston, Texas, United States Base Startup Which along with making Engagement and Wedding Rings also provides ethically-sourced, handcrafted rings. This product is made in the United States through recycled precious metals.
Their Diamonds and Gemstones are conflict-free. So this brand Do Amore means “I give with love” in the Latin language which means to promote love.
Brands like Do Amore that including Vrai, Brilliant Earth, and Clean Origin work with zero to minimal carbon emissions. The stones they have are made in the lab and most of their gold and platinum old rings are made by recycling.
It holds different categories of rings like Solitaire, Side Stones, Halo Rings, Vintage Inspired, Engagement, Wedding, Women and Men’s.
Who Is The Founder Of Do Amore?
The founder of this business is an Indian Krish Himmatramka who lives in the United States. Founder Himmatramka was searching for an engagement ring for his girlfriend and came to know about the ethical issues related to this jewelry industry.
He did his B.S., Mechanical Engineer studies from the University of Texas at Austin. He worked as an engineer in Procter & Gamble, BP, Shell for many years. After that, he started The Great Canvas Startup in 2012, but it closed in 2014.
Do Amore Shark Tank Update
Company Name | Do Amore | |
Founder | Krish Himmatramka | |
Founded | 2014 | |
Product | engagement and wedding ring company | |
Asked For | $600k for 7% Equity | |
Final Deal | $600k for 12% Equity | |
Shark | Robert Herjavec | |
Episode (Shark Tank USA) | S13 E16 | |
Air Date | Mar 18, 2022 | |
Business Status | In Business | |
Do Amore Net Worth | $1M *estimated | |
Headquarters | Houston, Texas, United States | |
Do Amore Instagram | View Profile | |
GO TO AMAZON | Buy Now |
Also Read This: What Happened To Pips and Bounce After Shark Tank?
Do Amore on Shark Tank Pitch
Do Amore’s Founder Himmatramka Had A Very Good Pitch To The Sharks After Going To Shark Tank He said about this by providing safe & clean water to the people through his brand.
All the sharks got very impressed by his motivation story So after this, the founder asked Shark to invest $600,000 in his company with 7% equity in exchange for his company. Robert Herjavec invested $600,000 in this startup in exchange for 12% equity of the company.
Robert Herjavec give an offer and founder accepted the offer.
Do Amore Net Worth
Do Amore Worth Depends On Its Current Valuation So Its Valuation Is Now $5 Million But the way it is growing, it can become a successful brand in the coming time. Founder Krish Himmatramka’s net worth depends on the share percentage of his own company which is his valuation at present.
Is Do Amore Still In Business?
Yes, Do Amore is still in business as of April 2023.
Still, this company is running very well and it is also profitable. Many people buy rings of this brand. He has generated Million of dollars Amount and he donates some percentage of his income to NGOs.
It has been 8 years since this startup. Currently, 2-10 employees work in this company.
FAQs
The founder of this business is an Indian Krish Himmatramka.
Do Amore’s net worth is estimated at $1 million.
Yes, Do Amore is still in business as of April 2023.
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