Cincha Travel is a brand specializing in travel belts and belt bags. These innovative travel belts allow small bags to be securely attached to larger luggage, offering a stylish and practical solution for handling multiple bags.
James H. Baker and Ashley M. Sharma, both seasoned travelers who encountered security issues with their bags, co-founded Cincha Travel in 2019. They launched the company to address these challenges.
Cincha Travel appeared on Shark Tank Season 14, Episode 19, seeking $200,000 for 15% equity at a $1.3 million valuation. The startup aims to enhance the travel experience with both comfort and style.
Based in Oakland, California, Cincha Travel’s products include travel belts and belt bags made from metal buckles, vegan leather accents, and herringbone-patterned nylon. The brand offers custom-designed products and seasonal limited-edition patterns.
The average cost for a travel belt is $35.99, while a belt bag is priced at $75. These products are available on the brand’s website as well as on Amazon.
| Company Name | Cincha Travel | |
| Founder | James H. Baker and Ashley M. Sharma | |
| Founded | 2019 | |
| Product | Travel belt and belt bag design brand | |
| Asked For | $200k for 15% equity | |
| Final Deal | $100k + $100k as a line of credit for a 25% equity | |
| Shark |  Barbara Corcoran | |
| Episode (Shark Tank USA) | S14 E19 | |
| Air Date | April 7, 2023 | |
| Business Status | In Business | |
| Website | Visit Website | |
| Headquarters | New York, New York, United States | |
| Lifetime Worth (Sales) | $1.1M *estimated | |
| Buy and Watch | Buy Now | Amazon Prime |
Another Shark Tank Pitch
Who Is The Founder Of Cincha Travel?
James Baker and Ashley Sharma are the co-founders of Cincha Travel, a company they started in 2019.
Both are natives of the Bay Area. Ashley is a marketing director for a consumer packaged goods brand with extensive experience in various companies. James, a civil rights lawyer, supports the company in his professional capacity.
Cincha Travel Shark Tank Update
Cincha Travel received $100,000 in funding from Barbara Corcoran on Shark Tank for 25% equity, along with an additional $100,000 as a loan.
Feedback on the travel belt has been positive. Twitter user @LISA_C1990 mentioned that she has been using the Cincha travel belt for over two years and is very satisfied with it.
The episode of Shark Tank featuring Cincha Travel is scheduled to re-air in July 2023. Following their appearance, their best-selling travel belts sold out.
During their pitch, James Baker and Ashley Sharma discussed the product with the Sharks, highlighting its scalability and the current market share of the travel accessories industry.
We will continue to monitor James H. Baker, Ashley M. Sharma, and Cincha Travel for further updates.
What Is The Net Worth of Cincha Travel?
Cincha Travel is currently estimated to be worth $1 million. Officially launched in 2019, the company achieved a milestone of donating 1 million miles by 2021.
The global market size for the luggage and bags industry in 2023 is estimated at $28.73 billion, with projections for further growth.
Annual Revenue by Years
Note: This report is based on our research and data so far. In this, we are only estimating the annual revenue.
| Years | Annual Revenue |
| 2023 | TBD |
| 2022 | $830kM *estimated |
| 2021 | $250k *estimated |
| 2020 | $32k *estimated |
| 2019 | $5k *estimated |
Funding Reports to Date!
| Years | Funding Amount | Investor |
| April, 2023 | $100K (Seed Round) | Barbara Corcoran |
Cincha Travel is headquartered in Oakland, California, and employs between 1 and 5 people.
Yes, Cincha Travel is still in business as of August 2024.
frequently asked questions
What is the Cincha Travel Worth?
The current estimated worth of this company is $1M.
What Is the Cost of Travel Belt Bag?
The cost of the Travel Belt Bag is $75 and this product is available in multiple colors and patterns.
