Tim and Kim Lewis launched CurlMix, a haircare line, and it has grown significantly since making an appearance on Shark Tank in 2017. Despite the founders leaving without an agreement, CurlMix has prospered because of its robust sales. The business will have yearly revenue of over $2 million by 2024. What is the projected net worth and revenue of CurlMix in 2025, given the anticipated expansion?
CurlMix Products and Growth
Hair gels, conditioners, moisturizers, and other products made especially for curly hair are produced by CurlMix. Their products are designed to nourish curls while lessening damage and frizz. Since making an appearance on Shark Tank, CurlMix has increased distribution and added over 20 SKUs to its lineup. CurlMix products, which were formerly exclusively sold on its website, are now offered on Amazon and in a few Target locations.
The business has increased brand exposure by utilizing influencer marketing and social media. With over 100,000 Instagram followers, CurlMix founders Tim and Kim frequently post application tricks and haircare recommendations. In order to raise its profile, the business has also collaborated with influencers who have curly hair, such as Gina Love.
Word-of-mouth and efficient digital marketing have helped CurlMix achieve an increase in sales and revenue year over year. The company’s sales increased over 400% from $400,000 to $2+ million between 2017 and 2024. Additionally, the number of transactions grew to above 150,000 orders annually.
2025 Financial Projections
By 2025, CurlMix is expected to bring in $5 million in sales, conservative forecasts based on existing financials and growth trends. A $5 million estimate appears realistic given the company’s ongoing retail location development, growth on Amazon, and rise in social media following.
Furthermore, it is possible to project that the company’s net value will surpass $15 million by 2025. As of 2024, CurlMix was valued at $12 million. A $15 million valuation is feasible if two more years of 40–50% annual revenue growth are taken into account.
Driving Growth and Expansion
CurlMix plans to use three primary growth drivers in order to increase revenue and meet its 2025 objectives. The first is retail distribution, which entails supplementing the current Target availability with big chains like Walmart, CVS, and Walgreens. Increased product visibility and ease of recurring purchases are two benefits of having more retail outlets.
Second is international expansion starting in 2024. CurlMix will debut in regions of Europe and Canada where there is a significant demand for natural haircare products. Reaching out to new areas allows you to reach new clientele and demographics.
Finally, CurlMix will keep developing new product mixes and growing its inventory. Having extra conditioners, gels, and accessories like bonnets and hair towels allows you to draw in new consumers while giving your current clientele more options for add-on purchases.
With its increased product lines, global reach, and retail distribution, CurlMix may easily surpass $5 million in revenue annually by 2025. And just six years after making its Shark Tank debut, CurlMix demonstrates that, when it comes to building a great brand, there are situations in which no deal is preferable to the wrong one. I sincerely hope you like reading this “What is the projected net worth and Revenue of Curlmix in 2025?” article helpful.
