Kobeesco Net Worth Shark Tank Update 2025 

Many people use lip balms every day without thinking much about what they’re made of. Unfortunately, a lot of them are filled with chemicals and packaged in plastic, which can be harmful to our health and the environment. Kobe Harris, who started the brand Kobee’s, noticed this problem and wanted to fix it. 

He created Kobee’s lip balms, which are completely natural, made by hand, and packaged in environmentally friendly materials. The ingredients in his balms are simple and safe enough to eat. Kobe’s goal is to make it easy for everyone to access natural beauty products. He believes that taking care of your lips should be straightforward, safe, and good for the planet.

In Season 16 of the show Shark Tank, he presented his brand to investors, asking for $300,000 in exchange for a 6% stake in his business. He planned to use the money to improve his online marketing and get his products into more stores. Although he showed a lot of enthusiasm and had good sales growth, he didn’t manage to secure a deal from the investors on the show.

Now, we can explore the details of how his pitch went, how the investors reacted, and what became of Kobee’s after his appearance on Shark Tank.

Kobeesco Net Worth Shark Tank Update 2025 

Kobe was looking for an investment of $300k in exchange for 6% equity in the company. At the time of the episode, he valued his company at $5 million. Kobe did not secure a deal with any of the Sharks. After the show was aired, the company experienced a good boost in exposure. As per my rough estimate, the current net worth of Kobee’s in 2025 is around $7.38 million.

Shark(s) name	Offer & Demand	Counteroffer	Accepted?
Kendra Scott	Out	N/A	N/A
Lori Greiner	Out	N/A	N/A
Kevin O’Leary	$300,000 for 20% equity$300,000 for 15% equity	$300,000 for 10% equity	No
Daymond John	Out	N/A	N/A
Mark Cuban	Out	N/A	N/A

Kobe Harris Backstory + Their Initial Pitch 

Kobe Harris is a guy who really appreciates the outdoors and cares about keeping the planet clean. He saw that many beauty products, especially lip balms, were made with a lot of chemicals and were packaged in plastic, which upset him. So, he decided to make something better. He started experimenting with natural ingredients in his home kitchen. After a lot of trial and error, he succeeded in creating his own lip balm called Kobee’s.

Kobee’s lip balms are made from just four simple ingredients: beeswax, coconut oil, sunflower seed oil, and mango butter. These ingredients are natural, safe to eat, and kind to your lips. Kobe also made sure that the lip balm packaging is eco-friendly because he wants people to feel good about using his products.

When Kobe got a chance to present his business on the TV show Shark Tank, he shared his inspiring story. He talked about how he began by selling his lip balms at local markets. As time went on, his business grew, and he added more products to his line, like lip scrubs, lotion bars, and hand salves. Throughout his presentation, his enthusiasm for clean and sustainable beauty was clear.

Queries + Shark’s Responses, and Final Deal

Kevin O’Leary is interested in how much money Kobe makes from each lip balm. Kobe reveals that it costs him $0.26 to produce one lip balm, and he sells it for $5. This means he makes a profit of about 98% on each product. He also shares impressive sales growth, starting at $30,000 in his first year and reaching $1.5 million in the current year. Kevin is impressed by these numbers but thinks that Kobe’s business is valued too high.

Kevin offers Kobe $300,000 in exchange for 15% of the company. This means Kevin wants a percentage of Kobe’s business in return for his investment.

Mark Cuban asks how Kobe plans to grow his business. Kobe mentions he wants to improve his online marketing and expand into retail stores. However, Mark feels he might not be able to significantly help Kobe, so he decides not to invest.

Kendra Scott is curious about who Kobe is trying to sell to. Kobe describes his target audience as eco-conscious consumers who care about the environment. While Kendra thinks this is a good idea, she feels it’s not a good match for her interests, and she chooses not to make an offer.

Daymond John asks about how Kobe advertises his products. Kobe states that he spends about $14 to acquire a new customer but earns between $2.50 to $3 for every dollar he spends on advertising. Daymond finds this information valuable but ultimately decides that the business isn’t for him.

Lori Greiner praises Kobe for his hard work and the quality of his lip balms. However, she doesn’t see a clear way for huge growth in the business and decides not to invest.

After hearing all the offers, Kobe proposes a counter-offer to Kevin: he asks for the same $300,000 investment but for only 10% of the company instead of 15%. Kevin, however, does not change his position and stays at 15%. Kobe ultimately decides that he doesn’t want to give up that much equity and leaves the pitch without securing a deal.

What Went Wrong With Kobeesco On Shark Tank?

In a recent pitch to a group of investors known as the Sharks, a businessman named Kobe asked for $300,000 in exchange for owning 6% of his company. This meant he believed his business was worth $5 million. However, the Sharks had a few main concerns. The Sharks thought that valuing his young company at $5 million was too much, especially since it was still in the early stages and hadn’t proven itself yet.

Some Sharks, like Mark Cuban and Lori Greiner, felt that Kobe was already doing a good job managing his business by himself. They didn’t think they could provide much help or support to make it grow further, which made them less interested in investing. Kevin O’Leary, another Shark, offered to give Kobe the $300,000 he wanted but asked for a larger share of the business—15% instead of 6%.

Kobe was not comfortable giving up such a big part of his company, so he decided not to accept that offer and walked away from the pitch.

In short, the Sharks were skeptical about the value of Kobe’s company, didn’t feel they could help him much, and the investment terms didn’t work for him, leading to his decision to leave without a deal.

Product Availability

Kobee’s is a company that sells beauty products that are good for both your skin and the environment. One of their most popular items is a lip balm, which they sell in a set of three for $15. They also offer other products like lip scrubs for $12, overnight lip masks for $24, cuticle butter for $18, hand salves for $12, and lotion bars for $10.

All of their products are made from natural ingredients and come in packaging that is friendly to the environment. You can buy these products on their website or on Amazon. Additionally, Kobee’s gives part of its earnings to help environmental organizations, such as One Tree Planted and The Alliance for the Great Lakes, which work to improve nature and protect our planet.

What Happened To The Kobeesco After Shark Tank?

After being featured on the TV show Shark Tank, Kobee’s, a brand owned by Kobe, experienced a big boost in sales. The exposure from the show helped him attract more customers, leading to increased interest in his products. 

Kobe took advantage of this opportunity by adding new items to his brand, including an SPF 15 Lip Balm that protects lips from the sun’s UV rays. 

As of today, Kobee’s is still doing well and has continued to grow. The brand has gained a loyal group of customers who appreciate its products. Additionally, Kobe has teamed up with various retail stores to reach even more people with his offerings.

Conclusion 

Kobe Harris appeared on Shark Tank to showcase his eco-friendly beauty brand called Kobee’s. He was passionate and confident during his pitch but did not manage to get an investment from the Sharks. However, being on the show significantly helped his business gain visibility and grow. 

Kobee demonstrates how a simple idea can lead to a successful venture. Kobe is dedicated to clean beauty and sustainability, which has attracted many customers. Today, Kobee’s continues to do well by offering natural products that are beneficial for both people and the environment.

Even though he didn’t get a deal, Kobe showed that sometimes it’s better to stick to your vision rather than compromise. He was able to develop a brand that he felt proud of.