Everytable Shark Tank Net Worth 2023

EveryTable, having been a mission-driven company since its inception and appearing on Shark Tank with an initial valuation of $10 million in 2018, has had tremendous success.

Their Net worth as of 2022 is now at $40 million USD, a significant increase from the initial $3.5 million in 2016. This value has grown to $19 million in 2021 due to their commitment to quality and focus on promoting healthy living through nutritious meals.

EveryTable has proven itself as a profitable and successful venture and continues to be so as they move into the future.

What is Everytable?

Everytable provides a cost-effective and nutritious alternative to fast food by offering fresh, homemade meals at convenient locations tailored to different neighborhoods.

Sam Polk, the founder of Everytable, left his successful Wall Street career to create Feast, a non-profit organization that offered affordable and healthy meals to low-income families. He used the same principles to establish Everytable in 2015.

Every week, customers can select from a changing menu of meals available through the Everytable subscription service. These professionally prepared meals are delivered to your doorstep and only require heating before consumption. Delivery orders require a minimum of $15, which is equivalent to two to three meal items.

Founded in 2016, Everytable aims to promote food justice by providing affordable, healthy meals that are chef-prepared. Initially launched as a grab-and-go concept in South Los Angeles, the company focused on areas designated as food deserts, where residents had limited access to nutritious food.

Presently, the firm operates nine stores throughout Los Angeles County, although many are temporarily closed due to the Covid-19 pandemic. Prices vary based on location, with Brentwood being the most expensive and Compton or Watts being the least expensive, with lunches starting at $5.

According to Sam Polk, the company’s CEO and founder, Everytable’s business strategy is socially responsible and profitable. The company appeared on Shark Tank and received a $1 million investment from guest Rohan Oza to expand their business globally.

Everytable also launched a crowdfunding campaign to raise additional funds for expansion, and they have reached approximately 35% of their goal.

Everytable At the Shark Tank

On January 28, 2018, Sam Polk and David Foster presented their business, Everytable, on Shark Tank. They were seeking a $1 million investment in exchange for 5% equity, which valued the company at a significant $20 million. One of the guest sharks, Rohan Oza, praised the business concept and acknowledged the quality of the meals. However, he was hesitant about the high valuation but ultimately offered $1 million for a 10% stake in the company, which valued Everytable at $10 million.

Everytable generated $4 million in sales in 2018, and in July 2019, the company raised $7 million to open 13 additional stores, one of which was located at Los Angeles International Airport.

In January 2020, Everytable secured $2.5 million in low-interest loans from two charitable organizations to establish 25 franchise sites.

Then, in November 2020, the company received an infusion of $16 million, allowing them to expand more rapidly throughout the country and address food poverty concerns that arose during the Covid-19 outbreak in areas known as “food deserts.”

Table Summary:Everytable Shark Tank

INFORMATION	DETAILS
Company Name	Everytable
Business Model	Cost-effective and nutritious alternative to fast food through fresh, homemade meals at convenient locations
Founder	Sam Polk
Shark Tank Appearance	Season 9, Episode 19; $1 million investment from Rohan Oza for 10% equity, valuing the company at $10 million
Funding	$7 million raised in July 2019 to open 13 additional stores; $2.5 million in low-interest loans in Jan. 2020
	$16 million infusion in Nov. 2020 for rapid expansion across the country
Net Worth (2023)	$40 million USD
Expansion Plans	Open 75 new locations in 2023; eyeing Arizona, Illinois, Massachusetts, Texas, and Washington D.C. for 2024

Everytable is a food delivery service that aims to provide affordable, healthy meals to low-income and food-insecure communities. They offer professionally prepared meals delivered to customers’ doorsteps, and their prices vary based on location. Everytable has been successful in their mission and has expanded significantly since their appearance on Shark Tank in 2018. Their net worth has grown from $3.5 million in 2016 to $40 million in 2023, and they plan to open 75 new locations in 2023, with further expansion planned in the coming years.

Everytable Shark Tank Updates

Everytable is a food delivery service that aims to provide healthy, fresh, and delicious meals to low-income and food-insecure communities. The company scales its prices depending on the income of the specific community they’re currently serving.

Everytable was valued at around $10 million at the time of its appearance on Shark Tank. During the show, Sam Polk and David Foster pitched their healthy fast food concept with a social mission to the Sharks.

They received an offer from Rohan Oza, who offered $1 million for 10% of the company. However, it is unclear whether the deal with Rohan closed or not.

Since its appearance on Shark Tank, Everytable has experienced significant growth. By the end of 2022, the company had tripled its unit count that year. Everytable has also made delivery and subscriptions part of its strategy now, alongside franchising with a focus on social equity.

The company is planning to open 75 new locations in 2023, bringing the total to over 100 stores. In 2024, Everytable is starting to eye places like Arizona, Illinois, Massachusetts, Texas, and Washington D.C. for future growth. Everytable’s net worth has grown from $3.5 million to $19 million in 2021.

Everytable FAQs

What Is Everytable Shark Tank?

Everytable is a healthy fast food concept with a social mission that was pitched on Shark Tank in season 9, episode 19. The founders, Sam Polk and David Foster, created Everytable to provide low-income and food-insecure communities with healthy, fresh, and delicious meals.

The company scales its prices depending on the income of the specific community they’re currently serving. Everytable is a food delivery service that aims to combat food deserts, which are areas where residents have little access to affordable, healthy food.

These areas are common in cities and tend to form in impoverished communities that are predominantly inhabited by people of color.

During their Shark Tank pitch, Sam and David asked for $1 million in exchange for 5% equity, which implied a valuation of $20 million. They ended up accepting a deal with guest shark Rohan Oza for $1 million for 10% equity.

Since their appearance on Shark Tank, Everytable has expanded outside of its Los Angeles origin point to nearby Orange County, San Francisco, San Diego, and New York. This expansion was made possible by a recent $55 million funding process.

Sam Polk, one of the founders, stated that “figuring out healthy, fresh food is a massive market” and that Everytable’s food desert locations were profitable, with food flying off the shelves. At the time of their Shark Tank appearance, Everytable was valued at around $10 million.

How Does Everytable Shark Tank  Works?

Everytable is a healthy fast food concept with a social mission that aims to provide low-income and food-insecure communities with healthy, fresh, delicious meals.

The founders of Everytable, Sam Polk and David Foster, met in 2014 at Groceryships, a non-profit organization that provides nutrition education, cooking classes, free produce, and support groups to low-income people.

While working there, people kept saying they needed an “on the go” version of the types of foods Groceryships was promoting.

In Shark Tank episode 919, Sam Polk and David Foster pitched Everytable to the Sharks. They explained how prices for the same meal are higher in affluent areas and lower in “food deserts” . They explained that food deserts are places where healthy, low-cost food isn’t available, only fast food.

Everytable scales its prices depending on the income of the specific community they’re currently serving. The Sharks loved the food and the social mission of Everytable.

Everytable is a food delivery service that prepares grab-and-go meals in a centralized kitchen and then ships that food to nearby stores, significantly lowering its costs. By preparing meals in this way, Everytable can offer inexpensive fare regularly.

Everytable is for everyone who cares about health, nutrition, and cost, and it is a boon for economically disadvantaged people in particular since it offers them discount rates. The founders of Everytable want it to be the McDonald’s of the 21st century, with a good-for-you twist.

What Happened To Everytable After Shark Tank?

Everytable is a food delivery service that aims to provide healthy, fresh, and delicious meals to low-income and food-insecure communities. The founders, Sam Polk and David Foster, appeared on Shark Tank in Season 9 Episode 21, asking for $1 million for 5% equity.

They secured a deal with Rohan Oza for $1 million for 10% equity. However, the deal did not materialize into closure with Rohan.

Despite not closing the deal with Rohan, Everytable continued to grow and secured multiple funding from investors. In July 2019, they secured $7 million in funding to open 13 new locations, including one at LA International Airport.

As of 2023, Everytable is still in business and has continued to grow since Shark Tank.

Everytable’s mission to provide affordable and healthy food to underserved communities has resonated with investors and customers alike. The company has expanded into multiple locations and business sectors.

What Is The Current Valuation Of Everytable Shark Tank?

Everytable appeared on Shark Tank in 2018 with an initial valuation of $10 million. Guest shark Rohan Oza offered $1 million for a 10% stake in the company, which valued Everytable at $10 million.

As of 2021, Everytable’s net worth has grown from $3.5 million to $19 million. In 2022, their net worth was reported to be $40 million.

It is unclear from the search results what the current valuation of Everytable is. However, it is clear that the company has experienced significant growth since its appearance on Shark Tank. Everytable is a mission-driven company that provides healthy and nutritious meals at affordable prices.

The company has expanded from one location in LA to 11 locations in 2020, with plans to expand to 30 locations. Everytable’s success is attributed to their commitment to quality and focus on promoting healthy living through nutritious meals.

Is Everytable Shark Tank Still In Business?

Yes, EveryTable from Shark Tank is still in business and has continued to grow since its appearance on the show.

EveryTable is a food delivery service that aims to provide low-income and food-insecure communities with healthy, fresh, and delicious meals. They scale their prices depending on the income of the specific community they’re currently serving.

Since its appearance on Shark Tank, EveryTable has grown from $3.5 million to $19 million in 2021. The company has expanded from one location in LA to 11 locations in 2020. EveryTable has been a great success and is proudly a mission-driven company.

The company is planning to open 75 new locations in 2023, bringing the total to over 100 stores. In 2024, EveryTable is starting to eye places like Arizona, Illinois, Massachusetts, Texas, and Washington D.C. for future growth.

What is the business model of Everytable?

The firm operates on a straightforward business model: it offers changeable pricing on affordable grab-and-go meals based on the region in which they are served.

That translates to bowls priced roughly $5 in South Los Angeles and around $8 in Santa Monica, for example.

What do Everytable offer?

Everytable, which opened in 2015, is a unique grab-and-go restaurant franchise with a changeable pricing system that varies by area. Prices range from $4.95 in impoverished regions to $6.95 in middle-income or wealthy areas for a selection of scratch-made soups, salads, grain bowls, and wraps.

How is Everytable now?

According to the organization, Covid-19 paved the way for Everytable’s evolution.

Everytable worked with organizations such as the City of Los Angeles shortly after the epidemic began to serve meals to vulnerable persons like as elders, the homeless, and food-insecure college students.

How much does Everytable cost?

A lunch that costs $8 in a wealthy neighborhood (Santa Monica, Century City, Downtown Los Angeles) costs $5 in an impoverished neighborhood (Watts, Compton, South LA).

What is the ultimate objective?

The ultimate objective is to expand franchising to the rest of the country and to solicit sponsorship from other philanthropic organizations, according to Sam Polk, co-founder and CEO of Everytable.

Who Invested in Everytable?

The investment was led by Creadev, a Paris-based family office, and included Kaiser Permanente Ventures, Candide Group, Gratitude Railroad Ventures, Desert Bloom Food Ventures, and Kimball Musk, Elon Musk’s younger brother.

Which locations are involved?

Currently, the firm operates nine stores around Los Angeles County, albeit many are temporarily shuttered due to Covid-19.

When was Everytable founded?

Everytable was founded in 2016 with the aims to fight for food justice by offering affordable, wholesome, chef-prepared meals.

They also delivers delectable, inexpensive, individually prepared meals directly to your house.

What is the mission of the business?

The company gives a healthier choice for individuals who cannot afford to spend a lot of money on nutritious cuisine in Los Angeles areas.

Each meal purchased at Everytable contributes to the business’s expansion into underprivileged neighborhoods (where fast food is the only cheap alternative) where Everytable nutritious meals are provided at a discount.

What benefits does Everytable offer?

Everytable’s meals are on average $5 less expensive than comparable healthy choices on the market, and the brand chose to produce balanced meals that appeal to clients.

These meals are chef-prepared and feature healthful alternatives for every meal of the day.

How can I place an order?

While this is a subscription service, you may purchase online and pick up your food at an Everytable location.

What advantages does Everytable offer?

Everytable provides one-time online purchases and monthly or twice-weekly subscriptions to assist with healthy eating.

Everytable offers a variety of dishes to accommodate a variety of diets, and your monthly membership may be personalized.

What Is the subscription service offered by Everytable?

Everytable’s meal delivery service simplifies the process of selecting nutritious meals.

What Is Everytable’s Purpose for the Funds?

Sam Polk, the company’s founder and CEO, intends to use the funds to develop the company’s budding subscription service and SmartFridge business, as well as to build 13 more locations by the end of the year, including one at Los Angeles International Airport in collaboration with Hudson News.

How much does it cost?

Prices are determined by what each community can afford.

What are the distinctions between various prices?

To guarantee that their meals are affordable to everybody, he explains, the costs vary according to the income level of the areas.

What is in the menu of Everytable?

Everytable, a network of healthy fast-food restaurants, serves a range of nutritious, made-from-scratch meals at each of its locations, two-thirds of which are located in food deserts, or places with a scarcity of healthy food options.

Why did you decide to start your own business?

Everytable was formed by Sam Polk and David Foster as a response to Groceryships, a non-profit addressing food-related health issues in Southern Los Angeles that the former founded in 2013.

What does the future hold for everytable?

In Shark Tank episode 919, Sam Polk and David Foster request a Shark to invest at EveryTable, their healthy fast food business with a social objective.

They received $1 million investment from visitor Rohan Oza after proposing their proposal to take the restaurant firm global.

Not shortly after receiving a $1 million investment, Everytable began a crowdfunding campaign to help achieve their objective of making nutritious food accessible and cheap to everyone.

How much money was raised by Everytable?

They successfully raised $291,268, or more than 580 percent of their initial target, by the time the campaign finished on April 2, 2018.

What are the advantages of a weekly food delivery service?

Amass reward points and redeem them for complimentary meals.

How can I purchase Everytable items online?

Order online for same-day delivery from an Everytable location near you.

What inspired the concept of Groceryships?

As the business grew, they began to envisage a similar model but one that geared more to healthy prepared meals, ideal for the take-out population who lack the time to cook.

Who are Everytable’s co-founders?

Sam Polk and David Foster are the Everytable’s co-founders. Everytable is the concept’s on-the-go ready-to-eat food spin-off.

What is Polk’s mission?

Polk and Foster’s mission is to “deliver nutritious, affordable food to every table in the country, without leaving anybody behind.” They accomplish this by locating in an area devoid of healthy eating options – only fast food places.

Everytable aims to compete with fast-food chains such as McDonald’s, Burger King, and KFC by serving affordable, nutritious take-out or sit-down meals in food courts or standalone locations.

Which Vegan Fast Food Restaurants Are the Best?

EveryTable offers healthful meals at a pricing point comparable to McDonald’s and Burger King.