Cup Board Pro Shark Tank Net Worth 2023
Cup Board Pro’s net worth is estimated at around $15 million as of 2023. However, other sources estimate that its net worth is around $17 million in 2021 after being acquired by Williams-Sonoma. Cup Board Pro generates $3 million in annual sales as of 2021.
Cup Board Pro is a cutting board with a tray to easily collect food scraps and juices. It was invented by Keith Young, a firefighter from New York City, who dreamed of being on Shark Tank.
After his death, his children Keira, Kaley, and Christian pitched the business on Shark Tank and secured a deal with all five investors on the show.
The Sharks proposed to split $100,000 for 20% of the company. Cup Board Pro sold out the night of its appearance on Shark Tank and had over 130,000 people try to order it.
What is Cup Board Pro? Who is the Founder of Cup Board pro?
The Cup Board Pro is a cutting board made of bamboo that comes with a waste collector feature, which allows for easy collection of leftovers. It is an essential item that is frequently required in the kitchen.
The idea for the Cup Board Pro was inspired by an amazing family story. Keith Young, a former New York City firefighter and two-time helicopter champion, invented the Cup Board Pro, a simple yet brilliant invention.
During a family vacation in Wyoming, the Young family visited the Devils Tower National Monument, where Keith’s three-year-old son, Riley, was captivated by the stunning rock formation.
The family fashioned an abandoned cardboard box into a kite, and when Riley flew the kite against the backdrop of the monument, Keith had an idea that could revolutionize the way families eat together.
He decided to create a cutting board with a receptacle, or “cup,” along its length to easily capture leftovers without losing them to spills or messes.
Keith’s legacy lives on through his invention, as he tragically passed away from cancer related to 9/11 in March 2018. In August 2012, the Young family also lost their mother to cancer.
Keith’s children are continuing his legacy by helping him achieve his goal of pitching the Cup Board Pro on Shark Tank. They have an e-commerce site and offer the Cup Board Pro for sale on Amazon.
Cup Board Pro Shark Tank Pitch
Christian, Keira, and Kaley Young had a long-standing ambition to present their idea on Shark Tank. They entered the Shark Tank seeking $100,000 for a 10% stake in their company, which was valued at $1 million.
During their pitch, they demonstrated their device using a video of their father, Keith, which left the Sharks impressed.
However, the mood quickly turned emotional when the Youngs shared their recent history, including their mother’s death and their father’s devotion to her before passing away from 9/11 first responder-related cancer.
The Sharks were deeply moved, particularly guest Shark Matt Higgins, who had been at Ground Zero on September 11, 2001. Daymond was also visibly upset and tweeted about it during the broadcast.
After some time, the Sharks regained their composure, and each of the five invested $20,000 for a 20% stake in the company.
They also agreed that all profits generated from the investment would go towards charities that assist first responders who became ill following 9/11.
The deal was accepted unanimously, and the Youngs’ product, a cutting board with a built-in strainer, quickly sold out.
The Sharks worked with the Youngs to secure a licensing arrangement with Williams Sonoma, which now manufactures and distributes the product in its 600+ locations. As of 2021, the company generates $3 million in annual sales.
The Youngs continue to work on their business and are accepting pre-orders on their website. Their success is a testament to their perseverance and the Sharks’ belief in their product.
Net Worth of Cup Board Pro
The firm was valued at $1 million during the Shark Tank presentation; since then, the company has grown tremendously in revenue following the five Sharks’ acquisition and in 2021, the company has a net worth of around $17 million.
Cup Board Pro Shark Tank updates
Cup Board Pro is a bamboo cutting board with a built-in cup to catch the juices from food, designed to quickly and easily clean up after cooking.
The product was invented by Keith Young, a New York City firefighter and “Chopped” champion, who passed away before he could pitch the product on Shark Tank. His children, Kaley, Christian, and Keira, brought the invention to Season 10 of Shark Tank and won a deal with all five Sharks.
After the show aired, Cup Board Pro sold out within an hour, and the company received 100,000 emails from fans trying to order the board.
The company expanded its product line and increased production to meet demand. As of July 2022, Cup Board Pro is still in business and doing $3 million in annual revenue. The company has also partnered with Williams-Sonoma, which began manufacturing and selling the product.
In summary, Cup Board Pro is a successful product that won a deal with all five Sharks on Shark Tank. The company has expanded its product line, partnered with Williams-Sonoma, and is still in business, doing $3 million in annual revenue as of July 2022.
The Following Table Summarizes the Cup Board Pro Shark Tank Net Worth in 2023
ASPECT | DESCRIPTION |
Company Name | Cup Board Pro |
Founder | Keith Young, a former New York City firefighter and two-time helicopter champion |
Product Description | Cutting board made of bamboo with a waste collector feature to easily collect food scraps |
Shark Tank | The Youngs sought $100,000 for 10% and secured a deal with all five investors for 20% of the company |
Net Worth | Estimated at $15 million in 2023; $17 million in 2021 |
Annual Sales | $3 million as of 2021 |
Partnerships | Williams-Sonoma for product manufacturing and distribution |
Cup Board Pro FAQs
What Is Cup Board Pro?
The Cup Board Pro is a cutting board that was invented by Keith Young, a New York City fireman, and chef, in 2010. The Cup Board Pro is designed to simplify the way you work in the kitchen so you can have more time with your family.
The cutting board has a cup that is easily insertable into the board and collapsible for easy storage. The Cup Board Pro XL tray has two compartments and a sliding divider for separating chopped ingredients and food scraps. The cup is made of FDA-approved, BPA-free PP and TPE.
The Cup Board Pro is sold out on Amazon, and people are asking when it will be back in stock. Some people want to purchase the cutting board to support the Young family and pass it out as gifts.
The Cup Board Pro has received 3.86 stars out of 5 based on 19 reviews. People who have seen the Shark Tank episode want to give the board to everyone they know.
How Does A Cup Board Pro Work?
The Cup Board Pro is a bamboo cutting board with a detachable tray that hangs over the counter and catches everything that is being sliced and diced. The tray lines up flush with the cutting board and runs the length of the board.
The Cup Board Pro is designed to simplify the way people work in the kitchen and make chopping less messy. The cup is easily insertable into the cutting board and collapsible for easy storage. The tray has two compartments and a sliding divider for separating chopped ingredients and food scraps.
The Cup Board Pro was invented by Keith Young, a former New York City fireman, and chef, in 2010. Keith Young passed away from 9/11-related cancer in March of 2018, and his children, Christian, Keira, and Kaley Young, entered the Shark Tank seeking $100,000 for ten percent of the company.
The Sharks were moved by their story and the product’s potential, and the siblings struck a deal with Lori Greiner. The Cup Board Pro is designed to simplify the way people work in the kitchen and make chopping less messy.
What Is The Current Valuation Of Cup Board Pro Work?
Cup Board Pro is a cutting board with a tray to easily collect food scraps and juices. It was invented by Keith Young, a firefighter from New York City, who dreamed of being on Shark Tank.
After his death, his children Keira, Kaley, and Christian pitched the business on Shark Tank and secured a deal with all five investors on the show. Cup Board Pro generates $3 million in annual sales as of 2021.
As of 2023, Cup Board Pro is worth an estimated $15 million. However, other sources estimate that its net worth is around $17 million in 2021 after being acquired by Williams-Sonoma.
Cup Board Pro is the best-selling cutting board option at Williams-Sonoma, a leading kitchen brand company that has since partnered with the three children and their dad’s invention.
While Cup Board Pro’s net worth isn’t publicly available, some sources have attempted to estimate the company’s net worth, which is believed to be somewhere around $15 million (unconfirmed).
IS Cup Board Pro Work Still in Bussiness?
Yes, Cup Board Pro is still in business. The company was founded by Keith Young, a former New York City firefighter and “Chopped” champion, who invented the Cup Board Pro, a cutting board with an attachment for collecting waste.
Before he could sell his first shipment of boards in 2015, he was diagnosed with cancer from working at Ground Zero on 9/11 and passed away in March 2018. However, his children took over the business and successfully pitched the innovative board on Shark Tank.
The Cup Board Pro was so popular that it sold out in 2019 and had to increase production to meet demand. The company expanded its product line, adding two new versions: the Natural Board and the Synthetic Board.
The Synthetic Board is a cheaper, lighter version of the Cup Board Pro that is dishwasher-safe. The Cup Board Pro is the company’s best-selling item, with revenues of $3 million, making the business worth $15 million.
The product is available for purchase on Williams-Sonoma, Inc.’s website and through other retailers such as Bed Bath & Beyond and Sur La Table.
The company is still in business and performing well, with more than $1,000,000 in sales reported for 2019. However, the units regularly go out of stock due to continuous demand and not enough supply. The product is also available for sale on Amazon, but it is currently out of stock.
What Happened To Cup Board Pro After Shark Tank?
Cup Board Pro has become a successful business after appearing on Shark Tank. The company managed to sell more than 20,000 units and generated more than $1,000,000 in sales in 2019.
The siblings behind the product, Kaley, Keira, and Christian Young, took over their father’s business after he passed away and successfully pitched the product on Shark Tank. The Sharks were impressed with the product and each one of them made a deal with the siblings.
After the show aired, the company sold out all of its inventory within an hour and received 100,000 emails from fans trying to order the board. The siblings had to shift their focus to fulfilling orders and improving their supply chain to keep up with the demand.
The company is still in business and the product is available for purchase on various online retailers such as Amazon and Shark Tank Shopper.
In conclusion, Cup Board Pro has become a successful business after appearing on Shark Tank. The siblings behind the product managed to sell a significant number of units and generate a substantial amount of revenue. The product is still available for purchase and the company is still in business.
Where Can I Buy Cup Board Pro
Cup Board Pro is available for purchase on various online and physical store chains such as Bed Bath & Beyond, Sur La Table, and Williams Sonoma.
The original Cup Board Pro is priced at $114.95, while the Synthetic Cup Board Pro is $74.95. Cup Board Pro is also available on Amazon. Customers can visit the Cup Board Pro website to find out more about the product and the company.
What Are The Features Of Cup Board Pro
Cup Board Pro is a cutting board that comes with a detachable and collapsible collecting cup and features grooves and channels. The board is made of top-quality wood fiber that is durable and offers lifetime utility.
The rubber feet on the board give it a slight tilt toward the cup, allowing all the fluids to easily flow into the cup through grooves. The cup is dishwasher safe, while the board is hand washable and made from bamboo, which has a natural antimicrobial surface.
The detachable tray of Cup Board Pro hangs over the counter and catches everything that is being sliced and diced, lining up flush with the board. The wells on the sides of the board lead spilled liquid and scraps into the detachable tray, making it easy to clean up messes in the kitchen after cooking a meal.
All of the features of the Cup Board Pro that made the original cutting board unique, including the removable and collapsible tray, are still present in the product.
The board can accommodate the collecting cup with a grip to its one end, allowing users to chop and cut lots of cooking ingredients without experiencing shrinking working space on the board. The cutting board is designed to provide an optimally hygienic environment for food preparation.
What is Cup Board Pro?
Cup Board Pro is a cutting board with a cup to collect the food you cut. It is made of bamboo wood, stainless steel, and silicone.
Who is the Founder of Cup Board Pro?
Cup Board Pro was inspired by an incredible family story. Keith Young, a firefighter and two-time helicopter champion, designed the board himself.
It was invented in 2012 when his three kids were riding in a helicopter with him. Keith’s father died nine-eleven from heart disease due to 9/11 first responder related cancer.
What is their offer on Shark Tank?
They were asking for $100,000 for a 10% stake in the company at a $1 million valuation.
Did they get the deal?
Yes, they got finalized deal of $20,000 each from the sharks. Keith Young’s kids are running his business.
Is still in business?
Yes, they are in business and generate $3 million in annual sales as of 2021.
How much does the Cup Board Pro cost?
Cup Board Pro shark tank update image result for $69.95. This revolutionary cutting board was featured on Shark Tank and was created by Keith Young, a New York City fireman, cook, and loving father.
How much has cupboard pro made?
The three gained massive support from all across the world following an excellent pitch on Shark Tank. They were able to sell out of their 26,000 boards in just eighteen hours after the show aired.
In other words, the boards generated over $1 million in sales, although the product remains unavailable on Amazon.
Where can I buy Cup Board Pro?
One can buy Cup Board Pro directly from their website or online retailers like Amazon.
Is it profitable?
Yes, the three gained massive support from all across the world following an excellent pitch on Shark Tank.
They were able to sell out of their 26,000 boards in just eighteen hours after the show aired. In other words, the boards generated over $1 million in sales.
How is the business model?
They have an e-commerce site and offer Cup Board Pro on Amazon.
Can it be cleaned easily?
Yes, it is made of bamboo wood, stainless steel, and silicone, making for an easy clean up.
Is safe to buy online?
Yes, it is safe to buy online. One can check the reviews before buying it.
Can I use this anywhere?
Yes, one can use it anywhere as long as they have a knife around them.
What is the future plan?
They are still in the middle of developing new concepts for their product line, so they will continue to develop products that are innovative and useful for cooking.
Is it good idea to invest in the business?
Yes, they have a high potential. They have worked with Williams Sonoma, which is a great partnership.
The board helps them clean up after cutting food at home or wherever they are without having to use any other products.
What are the strengths?
The board is environmentally friendly. It is made from bamboo, which is a sustainable wood that is easy to re-grow when cut.
They have a good working relationship with Williams Sonoma and can sell them in their stores.
Who will buy this business?
It will be a great business for startups, top distributors, or large companies interested in building a product line.
What is the net worth?
The net worth of the business is around $17 million.
Would you recommend this business opportunity?
Yes, I would definitely recommend this business opportunity because it has potential with enough success.
What is the net worth of Young’s Family?
The net worth of the family is unknown.