Boarderie Shark Tank Net Worth-What Happened After Shark Tank?
What Is Boarderie? Who Founded Boarderie?
Boarderie is a company that sells pre-made charcuterie boards, which each feature several trays of food. The company was founded by Aaron and Julie Menitoff in the fall of 2020.
The couple began their careers in hospitality over twenty years ago, co-owning a catering firm in Palm Beach, Florida.
They started small but soon had projects across the country, and renowned celebrities like Prince Harry and Bruce Springsteen became their clients.
Boarderie appeared on Shark Tank in 2021 and received an investment offer from Lori Greiner. However, the deal did not go through as Greiner settled for a $300,000 investment with a 9% stake instead of the initial offer at 10%.
Despite this setback, Boarderie’s appearance on Shark Tank proved to have benefits that went far beyond Lori Greiner’s initial investment.
After the segment aired, the company quickly sold out of charcuterie boards. Over the course of 2022, Boarderie’s sales grew by 1000%, bringing revenue to around $70 million.
Boarderie is a founder-led, family-run business that offers direct-to-consumer ready-to-eat pre-arranged cheese and charcuterie boards.
The company eliminates the need for purchasing, chopping, and preparation as temperature-controlled and neatly organized boards are transported directly to consumers.
What Happened To Boarderie At Shark Tank?
Boarderie is a business that offers pre-arranged, catering-quality Cheese and Charcuterie boards. The founders of Boarderie, Aaron Menitoff and Rachel Solomon, appeared on Shark Tank Season 14 Episode 7 and asked for $300K for a 5% equity at a $6 Million Valuation from the sharks.
After some discussions, Aaron and Rachel decided to accept Lori Greiner’s offer of $300k for 9% equity with the help of Mark Cuban.
After the Shark Tank episode aired, Boarderie sold out of boards and maxed out production. In the days that followed, the company was deemed the largest shipper of overnight packages in South Florida, with a staff of 70 working around the clock to make artisan boards.
According to Forbes, founders Rachel Solomon and Aaron Menitoff’s appearance on “Shark Tank” proved to have benefits for Boarderie that went far beyond Lori Greiner’s initial investment. They are on track to hit $70 million in revenue with 1,000 percent growth in one year.
In conclusion, Boarderie has been successful after appearing on Shark Tank. They received an investment from Lori Greiner and have experienced significant growth since their appearance on the show.
Table: Boarderie Shark Tank Shark Tank
| INFORMATION | SUMMARY |
| Company Name | Boarderie |
| Company Description | Company that sells pre-made charcuterie boards, which each feature several trays of food |
| Founder(s) | Aaron and Julie Menitoff |
| Appeared on Shark Tank | Yes, on Season 14 Episode 7 in 2023 |
| Shark Tank Offer | Asked for $300k for 5% equity at a $6 Million Valuation, accepted Lori Greiner’s offer of $300k for 9% equity |
| Sales Growth | 1000% in 2022 |
| Revenue | $70 million |
| Investment | Lori Greiner’s $300k |
| Business Status | Still in business as of November 2022 |
| Company’s Staff | 70 |
| Company’s Location | Florida |
| Company’s Products | Direct-to-consumer ready-to-eat pre-arranged, catering-quality Cheese and Charcuterie boards |
| Net Income in 2022 | Expected to be around $400,000 |
| Accommodation | Corporate orders with custom logo engraving on up to 250 boards for next-day shipping. Larger orders of up to 3,000 boards can be accommodated with just a few day’s notice. |
| Community Involvement | Routinely hires developmentally disabled adults through Arc Clients |
| Boarderie’s Worth during Shark Tank | $3.3 million |
What Happened To Boarderie After Shark Tank?
Boarderie, a cheese and charcuterie board business, appeared on Shark Tank Season 14 Episode 7 in 2023. The founders, Aaron Menitoff and Rachel Solomon, asked for $300k for a 5% equity at a $6 Million Valuation. Lori Greiner invested $300k in Boarderie for 9% equity.
After the episode aired, Boarderie sold out of boards and maxed out production. In the days that followed, the company was deemed the largest shipper of overnight packages in South Florida with a staff of 70 working around the clock to make artisan boards.
According to Forbes, Boarderie’s sales grew by 1000% over the course of 2022 and are on track to hit $70 million in revenue. Shark Tank investor Lori Greiner agreed to work with Menitoff and Solomon to take their business to the next level by expanding their direct-to-consumer business.
As of March 11, 2023, there is no further information available about what happened to Boarderie after Shark Tank.
Boarderie Shark Tank Net Worth
Boarderie is a company that was worth about $3.3 million during the shark tank. During their appearance on Shark Tank Season 14, entrepreneurs Rachel Solomon and Aaron Menitoff asked for $300,000 for 5% equity $6 Million Valuation in their business.
They ended up accepting an offer from Lori Greiner for $300,000 for 9% equity. The company had access to a 15,000-square-foot space in Florida that handled production and could produce thousands of units per day.
The costs to produce a single unit were about $90, while it was wholesaled for $150. During the previous calendar year, the company generated just under $2 million and expects to net around $400,000 at the end of 2022.
Is Boarderie Still In Business?
Yes, Boarderie is still in business as of November 2022. The company offers Direct-to-Consumer ready-to-eat pre-arranged, catering-quality Cheese and Charcuterie boards nationwide.
Boarderie has shipped 60,000 boards by November 2022 to individual customers and businesses, including some tech companies.
The company’s sales grew by 1000% over the course of 2022, bringing revenue to around the $70 million mark. Boarderie expects to net about $400,000 at the end of the 2022 calendar year.
Boarderie is a founder-led, family-run business with over 40 years of gourmet catering experience. The company sources high-quality and award-winning cheeses from around the world to bring perfectly-paired assortments that are impeccably sourced.
Boarderie can accommodate corporate orders with custom logo engraving on up to 250 boards for next-day shipping. Larger orders of up to 3,000 boards can be accommodated with just a few day’s notice.
Boarderie heavily involves its local community. The company routinely hires developmentally disabled adults through Arc Clients and has provided free meals to power workers during several hurricane-induced outages.
People interested in sampling Boarderie’s products can purchase them through channels such as their website or other online retailers.
Boarderie Shark Tank Updates
Boarderie is an upscale, direct-to-consumer cheese board business that appeared on Shark Tank in season 14, episode 7. The founders, Aaron Menitoff and Rachel Solomon, were seeking $300,000 for 5% of their company.
They received an offer from Lori Greiner for $300,000 for 9% equity. Kevin O’Leary also made an offer for $300,000 but wanted 17.5% equity. Robert Herjavec and Mark Cuban were not interested in investing.
After appearing on Shark Tank, Boarderie’s sales grew by 1000% in 2022, bringing revenue to around $70 million. The company expects to net about $400,000 at the end of the 2022 calendar year.
Boarderie’s products can be purchased directly from their website, with prices ranging from $129 to $299 depending on the size and included ingredients. The company’s product was also included in Oprah’s Favorite Things List in November 2022.
In conclusion, Boarderie has experienced significant growth and success since appearing on Shark Tank. The company received an investment from Lori Greiner and has seen a substantial increase in revenue.
Boarderie’s products can be purchased directly from their website, and the company’s cheese and charcuterie boards have been well-received, even making it onto Oprah’s Favorite Things List.
How Does Boarderie Shark Tank Work?
Boarderie is a company that sells pre-made charcuterie boards, which feature several trays of food. The boards contain a variety of artisan cheeses, meats, nuts, dried fruits, jam, olives, and crackers.
The company’s catering-quality displays and chef-selected gourmet pairings are sure to impress on any occasion. Boarderie boards are shipped nationwide in custom temperature-controlled packaging and are ready-to-graze upon arrival.
The company is the first in the world to ship completely pre-arranged, artisan cheese and charcuterie boards nationwide.
Boarderie appeared on Shark Tank in Season 14, Episode 7, seeking $300,000 for 5% equity.
During the pitch, founders Rachel Solomon and Aaron Menitoff presented the company’s handcrafted boards as the ultimate gift for birthdays, saying thank you, anniversaries, holidays, and more.
The sharks were interested in the company’s lifetime revenue, which was just under $2 million during the previous calendar year. Lori Greiner made an offer of $300,000 for 9% equity, which the founders accepted.
Boarderie’s continued success after Shark Tank has been reported by Forbes, which stated that the founders’ appearance on the show proved to have benefits for the company that went far beyond Lori Greiner’s initial deal.
The company is a founder-led, family-run business that takes pride in its catering-quality displays and custom temperature-controlled packaging. Boarderie is the perfect gift for any occasion and is sure to impress with its chef-selected gourmet pairings and pre-made charcuterie boards.
What Is Boarderie’s Unique Selling Point?
Boarderie’s unique selling point is that they offer pre-made charcuterie and cheese boards that are completely pre-arranged and ready to share, which can be shipped overnight nationwide. They are the first company to offer this type of product.
Boarderie’s catering-quality displays are made-to-order daily and shipped fresh overnight in custom temperature-controlled packaging.
They are perfect for gifting on holidays, birthdays, anniversaries, corporate events, and more. Boarderie also offers the option to schedule deliveries up to 365 days in advance.
Boarderie has gained popularity and success, being featured on ABC’s Shark Tank and making Oprah’s Favorite Things list in 2022. They have experienced 1,000% growth in one year and are on track to hit $70 million in revenue.
Boarderie is committed to helping their local community by hiring adults with developmental disabilities to perform many necessary tasks.
How Has Boarderie Since Appearing On Shark Tank?
Boarderie, a company that creates prearranged cheese and charcuterie boards that can be shipped overnight nationwide, appeared on Shark Tank in November 2021.
During the show, Lori Greiner agreed to work with the co-founders, Rachel Solomon and Aaron Menitoff, to expand their direct-to-consumer business. Greiner invested $300,000 for a 9% stake in the company.
After the Shark Tank episode aired, Boarderie sold out of boards and maxed out production. The company was deemed the largest shipper of overnight packages in South Florida, with a staff of 70 working around the clock to make the artisan boards.
Boarderie’s sales grew by 1000% in 2022, bringing revenue to around $70 million. The company was also featured on Oprah’s Favorite Things list in 2022.
Boarderie is heavily involved in its local community and hires developmentally disabled adults to perform many necessary tasks. The company is committed to giving back to the community while expanding its business.
What Is The Current Valuation Of Boarderie Shark Tank?
The current valuation of Boarderie Shark Tank is a little over $3 million. The company made a deal with Lori Greiner for $300k for a 9% equity stake in the company, which valued the business at a little over $3 million.
The company’s valuation reached $3.3 million after the deal was finalized in Shark Tank.
It is important to note that the search results provide conflicting information about the net worth of Boarderie in 2023.
One source states that the company has a net worth of around $333,000 USD as of 2023, while another source states that the company expects to net about $400,000 at the end of the 2022 calendar year.
However, both sources agree that Boarderie has experienced tremendous growth and success since appearing on Shark Tank, securing additional funding and partnerships.
