Kahawa 1893 is an African coffee brand named after the Swahili word for “coffee” (Kahawa), with “1893” representing the start of its founder’s story. The brand sources its coffee exclusively from women farmers in Kenya, Rwanda, and Congo.
Kahawa 1893 offers a variety of coffee products, including Safari Blend, Kenyan Single Origin, Serengeti Blend, Ethiopian Blend, Roaster’s Choice, and more. In addition to coffee, the brand also sells various types of tea. Coffee packs range in price from $16.99 to $19.99.
The company’s website includes a dedicated landing page to support farmers in Congo, Kenya, and Rwanda, where consumers can tip them directly in amounts of $2, $5, $10, $20, $50, or $100.
Company Name | Kahawa 1893 | |
Founder | Margaret Nyamumbo | |
Founded | 2017 | |
Product | African premium coffee | |
Asked For | $350K for 5% equity | |
Final Deal | $350K for 8% equity | |
Shark | Emma Grede | |
Episode (Shark Tank USA) | S14 E14 | |
Air Date | Feb 17, 2023 | |
Business Status | In Business | |
Website | Visit Website | |
Headquarters | Berkeley, California, United States | |
Lifetime Worth (Sales) | $6M *estimated | |
Buy and Watch | Buy Now | Amazon Prime |
Another Shark Tank Pitch
Who Is The Founder Of Kahawa 1893?
The founder and CEO of Kahawa 1893 is Margaret Nyamumbo, a native of Kenya. Her family worked on coffee farms in Kenya but didn’t own any land.
Margaret moved to the United States to pursue her studies, earning an MBA in finance from Harvard University. She then worked in the U.S. for several years before founding Kahawa 1893.
How Was The Shark Tank Pitch Of Kahawa 1893?
Margaret Nyamumbo, founder of Kahawa 1893, appeared on Shark Tank seeking $350,000 for 5% equity in her company. Kevin O’Leary chuckled at the valuation, while Emma Grede, though a “tea person,” expressed a strong liking for the coffee.
Margaret shared that 90% of Kenya’s coffee farm laborers are women, yet only 1% own land. Through Kahawa 1893, consumers can tip women farmers directly, providing them with additional income.
Margaret’s journey to the United States began with only $200 and no contacts. The company reported $2 million in sales in 2021, with $1.3 million in sales so far in 2022, and projects $4 million in annual sales by year-end, with an estimated $600,000 pre-tax profit.
Kahawa 1893 generates 85% of its sales from grocery store wholesale and 15% from direct consumer sales. The wholesale price is $8, while production costs $5.50 per unit. In the past year, profits totaled $150,000 on $2 million in sales.
Emma Grede offered $350,000 for 12.5% equity. Robert Herjavec proposed an additional $350,000 alongside Emma’s offer, bringing the total to $700,000 for 25% equity. Margaret countered, asking to keep equity lower, offering 8%. When this wasn’t accepted, she proposed an option to include a loan.
Mark Cuban clarified a potential deal with $150,000 for 8% equity plus $200,000 as a loan. All Sharks were interested, but Robert offered a revised deal of $350,000 for 8% equity, which Emma matched. Margaret accepted Emma’s offer of $350,000 for 8% equity.
Finalized: Emma Gerde invested $350k in Kahawa 1893 for 8% equity.
What Happened To Kahawa 1893 After Shark Tank?
Margaret Nyamumbo successfully secured an investment for her coffee business on Shark Tank, with Mark Cuban valuing the company at over $7 million.
The episode re-aired on ABC on June 9, 2023. Kahawa 1893 is currently available at Sprouts, Trader Joe’s, and The Fresh Market stores.
Margaret’s pitch impressed the Sharks as she shared her journey and highlighted the challenges faced by Kenyan coffee farmers, particularly women. We’ll continue to follow Margaret Nyamumbo and Kahawa 1893 for further updates.
What Is The Net Worth of Kahawa 1893?
Kahawa 1893 is valued at approximately $4.3 million. Founded by Margaret Nyamumbo, originally from Kenya, the brand is now based in Berkeley, California, where Margaret currently resides. As of 2019, Kenya’s population was 47.6 million.
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 | $4M *estimated |
2021 | $2M *estimated |
Funding Reports to Date!
Years | Funding Amount | Investor |
Feb 2023 | $350K (Seed Round) | Emma Grede |
Kahawa 1893, a food and beverage company, operates with a small team of 2–10 employees.
Yes, Kahawa 1893 is still in business as of July 2023.