Monti Kid’s Net Worth: On Shark Tank, Kevin O’Leary and Zahra Kassam made a deal for Monti Kids. He gave her $200k for a 2.5 percent stake (an $8 million valuation! ), with a $10 royalty until he recouped his investment, then a $2.50 royalty until he made $600,000. Following its participation in Shark Tank, MontiKids, which comprises LEGO Ventures, received almost $6 million in venture capital funding. Monti Kids is a multibillion-dollar enterprise.
Is Monti Kids, in the end, worth the money? In a nutshell, yes
in addition to curating developmentally appropriate toy boxes, making Montessori at home parenting a snap. Despite its large price tag, I believe it is well worth the money. You’ll also get an online parenting course and access to expert groups and one-on-one support, in addition to high-quality Montessori baby toys. As a result, I believe the experience was beneficial to the entire family. Please continue reading to find out if Monti Kids is the ideal fit for your family. Monti Kids is a brand of children’s apparel. Monti Kids, a monthly membership service, sells Montessori toys and playsets for children of various ages.
Is it aimed at kids or adults?
Monti Kids is suitable for babies as young as six weeks old up to 36 months old.
The Story of Monti Kids
Zahra Kassam established Monti Kids. She holds an internationally recognized Montessori credential as a Harvard-educated Montessori instructor. She has a distinct view of life as a mother of two. Because official education does not begin until preschool, and 85 percent of brain growth occurs before the age of three, Kassam struggled with how to fulfill her children’s early developmental requirements. She started Monti Kids to help address that need for the first few years of a child’s life, instilling Dr. Montessori’s concepts in youngsters by developing a lifetime love of learning and teaching parents how to support their children.
Clothing, Shoes, and Accessories for Children:
Montessori Materials: Monti Kids Montessori Kits are all prepared by Montessori certified educators and include all of the essential high-quality materials for certain developmental phases such as toilet learning or family cookery, as well as a baby kit. A parent guide is included in each package, as well as access to the online learning center for additional information.
The MontiKids Project:
They have a signature Montessori box of toys that are delivered every three months and are divided into “levels” dependent on the child’s age. Each of their “levels” is divided by age and shipped every quarter; the boxes are called that (three months). So, level 1 is for newborns, level 2 is for children aged four to seven months, level 3 is for children aged seven to twelve months, and so on up to 36 months. There are eight levels in total. Toys will arrive in perfect packaging, along with instructions on how to introduce them and a list of developmental milestones. The activity gym and the tent cover (or only the tent cover) are also accessible on Level 1, as well as the self-care station, Montessori toy shelf, and wooden activity trays.
You have access to a large video library as a subscriber, which includes educational and parenting videos. There’s a special Facebook group for subscribers only where you can interact with other Montessori parents and learn from their experiences. You will also be able to contact the Monti Kids child development experts via weekly emails. This is enormous! Montessori-designed settings can be found all around the world. The Monti Kids Montessori Spaces collection includes items that can be utilized in your home Montessori setting!
What is the price range of Monti Kids?
The prices of Monti Kids’ items range from $25 to $297. A Montessori Kit, which includes between 5 and 10 items as well as access to the Parent Learning Center, costs $75 to $100. Subscribing to one of the Monti Kids Program’s “level”-based subscription toy boxes costs $297.You’ll get enough toys for three months if each box contains up to 12 toys. This subscription includes all of this, as well as individualized counseling for parents and access to a private online community of parents. Returning to the section “12 toys”… These toys frequently come in bundled sets that can be used in a variety of ways.
After a $200,000 Shark Tank deal with Monti Kids, why did Montessori Toys fail?
MontiKids is a line of educational toys for parents with preschoolers (birth to 3 years old). These toys, which are based on Montessori’s well-known method, are an excellent way for youngsters to learn. Zahra Kassam, an internationally recognized Montessori teacher, pitched her subscription service organization on Season 10 of Shark Tank. She went into the Tank hoping to raise $200,000 in exchange for a 2.5 percent interest in the company. That’s $8 million in total!
For example, the Montessori Level 2 package for 4 to 6-month-olds includes more than just 12 toys:
- A book constructed entirely of wood.
- A nice example is a square rattle.
- both hands securing cylinders
- Discs that fit together like puzzle pieces.
- a sphere with a hex
- Toys for children
- Shake a Cube
- Interlocking Rings
- Dolio
- The cylinders produce a unique rumble.
- There are a few roadblocks at the start (which actually includes 24 pieces)
- Table and Chairs for the Dining Room (which includes 6 pieces)
Monti Kids is available on Amazon
O’Leary offered $200k for 2.5 percent, plus $10 in royalties until his money was returned, then $2.50 in royalties until his money was returned, totaling $600k. Herjavec offered $200k for 10% and a board position; O’Leary offered $200k for 10% and a board post. Zahra approved of the latter. Zahra has raised $6 million in venture capital funding since founding Monti Kids, according to Forbes in January 2020, with investors including LEGO Ventures and Kevin O’Leary from her Shark Tank appearance.
The CEO of Monti Kids purchased 3.6 million shares of Noble Iron
Monti Kids, a subscription business, delivers Montessori-approved toys to families with young children (from birth to age 3). From Oakland, California, CEO Zahra Kassam of toy delivery firm Monti Kids delivers her Shark Tank pitch on January 27th. Kassam appears to be more than qualified in my opinion. Her undergraduate degree in psychology at Harvard University was followed by a master’s degree in education from the Graduate School of Education at Harvard University.
She is a Montessori teacher with international certification (and a mother of two!). Kassam’s father, Iqbal Kassam, is a partner at a private equity firm in Vancouver, Canada. In September 2018, Iqbal sold 3,653,840 common shares of Noble Iron Inc. to Zahra for $1,141,825, indirectly through Zink. Kassam was dubbed a “World-Changing Woman” by Conscious Company Media after she started Monti Kids. Kassam was also nominated by the Dalai Lama for the Unsung Heroes of Compassion Awards for her work with children. As a result, she’s a success story whether or not she gets a contract on Shark Tank. New episodes of Shark Tank run on ABC on Sundays at 9 p.m.
Is it worthwhile to invest in Monti Kids?
At first glance, my “no” has morphed into a “let’s see” and a “yes” for Monti Kids. Before judging whether Monti Kids is worth the money, I’ll go over each level one by one and compare it to similar toys to determine whether it’s financially feasible, as well as observe how my children continue to play with the goods (qualitative cost). Monti Kids, on the other hand, has made an impression on me in recent months.
