Peekaboo Ice Cream Shark Tank Net Worth 2023
Peekaboo Ice Cream Shark Tank Net Worth
According to Shark Tank Talks, Peekaboo Ice Cream’s net worth is estimated to be around $1.4 million in 2021.
Ghana Insider estimates that the company’s net worth could be in the range of $10 million to $15 million by January 2023, while Bihar Help estimates it to be between $10 million and $15 million in 2022.
Shark Tank Success states that Peekaboo Ice Cream was valued at $10 million when Jessica Weiss Levison appeared on Shark Tank Season 12 Episode 8 in 2019.
What is Peekaboo Ice Cream? Who is the Founder of Peekaboo Ice Cream?
Peekaboo Ice Cream is an organic frozen treat made with vegetables that are undetectable to the taste and sight. The company was founded by Jessica Levison in January 2018.
Jessica has always been a fan of ice cream, and after obtaining a BA in Business Administration from the University of Michigan and a JD from New York Law School in 2005, she worked as a legal aid in Broward County.
Although Jessica was passionate about her legal work, she couldn’t stop thinking about ice cream. She started Serendipity Creamery in Surfside and Wynwood, Florida, while continuing to practice law. For several years, she juggled both careers.
Peekaboo Ice Cream’s flavors include typical ice cream tastes like strawberry and vanilla, but also include unexpected vegetables like cauliflower, beets, zucchini, and spinach.
All of the ingredients are organic and free from genetically modified organisms (GMOs). The company also donates a portion of its revenues to Team No Kid Hungry, a non-profit organization that helps feed underprivileged children.
Peekaboo Ice Cream can be found at many stores, including Whole Foods, Safeway, and Kroger, and is also available on Amazon for those who can’t find it in stores.
Although Jessica had planned to launch a vegan ice cream option in 2020, the COVID-19 pandemic forced her to postpone those plans.
In 2018, Mintel, a global market intelligence group, recognized Peekaboo Ice Cream as the most innovative product of the year.
Peekaboo Ice Cream Shark Tank Pitch
Jessica appeared on season 12 Episode 8 of Shark Tank on December 11th, 2020, seeking $800,000 for 8% of her company, which would imply a $10 million valuation.
Despite being able to distribute samples and sharing the story of her brand, Peekaboo Ice Cream, which is currently available in 900 stores and is projected to be in 3,000 by the end of the year, the sharks did not agree with her company’s valuation.
Although Peekaboo Ice Cream has generated $450,000 in sales since its inception in 2018, with the expectation of making $5 million in the following year, the sharks still did not think it justified the valuation.
However, Lori Greiner and Kevin O’Leary made offers for $800,000, in the form of a three-year loan with interest rates of 6% and 9%, respectively, along with some equity.
But Jessica was looking for an equity partner, rather than a loan, and politely declined both proposals. Ultimately, Peekaboo Organics left the tank without a deal.
Despite a recall of the Peekaboo Ice Cream brand in May 2020 due to Listeria contamination, which did not cause harm, the company was able to secure placements in over 3,000 locations, including major retailers such as Kroger, Safeway, Whole Foods, and Amazon. It is expected to reach an annual revenue of $3 million by July 2021.
Peekaboo Ice Cream Net Worth
Jessica enters Shark Tank with a $10 valuation.
Peekaboo Ice Cream Competitors
Veggie Cream- is a competitor of Peekaboo Ice Cream.
Peekaboo Ice Cream FAQS
What is Peekaboo Ice Cream?
Peekaboo Ice Cream is an organic ice cream produced from unseen and undetectable vegetables.
Who is the founder of Peekaboo Ice Cream?
Jessica Weiss Levison.
How much was she asking?
Jessica was asking $800,000 for 8% of her company
Did she get the deal?
No
Is Peekaboo Ice Cream still in business?
Yes and as of July, 2021 they had an annual revenue of $3 million.
When did peekaboo air on Shark Tank?
December 11th, 2020.
Where can they find Peekaboo Ice Cream?
Peekaboo Ice Cream are in 3000 stores, including Kroger, Safeway, Whole Foods, Bristol Farms, Lazy Acres, Shop-Rite, Amazon and more.
Where is the headquarters of Peekaboo Ice Cream?
The headquarters of Peekaboo Ice Cream are located in Miami, Florida.
What is the phone number for Peekaboo Ice Creams?
Peekaboo Organics may be reached by phone at (305) 527-7162.
What is the website for Peekaboo Ice Cream?
The website for Peekaboo Ice Cream is www.eatpeekaboo.com.
Who is Peekaboo Ice Cream key principal?
Jessica Levison is the primary proprietor of Peekaboo Ice Cream.
What year did Peekaboo Organics begin operations?
Peekaboo Ice Cream opened its doors in 2019.
How much money does Peekaboo Ice Cream make?
Peekaboo Ice Cream generates $3.00 million in sales annually.
Is Peekaboo ice cream successful?
Peekaboo Organics’ ice cream with concealed veggies won the main award in the Real California Milk Snackcelerator dairy snack innovation challenge, which was organized by the California Milk Advisory Board (CMAB) and VentureFuel.
What happened to peekaboo ice cream after shark tank?
Peekaboo Organics has changed their goods after appearing on Shark Tank to make it apparent that each pint contains veggies.
Additionally, it appears as though the vegetarian ice cream is available in a number of well-known retailers, including Kroger and Whole Foods.
When did peekaboo ice cream start?
Levison founded Peekaboo in 2018, after years of experimenting with the technique of slipping veggies into ice cream.
Is Peekaboo ice cream dairy free?
Chocolate with cauliflower, strawberry with carrot, mint with spinach, vanilla with zucchini, and cotton candy with beets are the current dairy-based tastes.
Is Peekaboo ice cream gluten free?
Gluten-free, non-GMO, certified organic, Peekaboo Ice Cream items are available.
Is Peekaboo ice cream Kosher?
Peekaboo is kosher. Yes, they are an OU-certified Kosher Dairy.
Is there ice cream made from vegetables?
It’s the same creamy, decadent substance to which they’re accustomed. Cauliflower is used to provide the chocolate taste.
What is organic ice cream?
Organic ice cream is defined as being manufactured with organic milk from cows who eat at least 30% of their diet on pasture.
How healthy is peekaboo ice cream?
Peekaboo’s chocolate ice cream, for example, contains enough cauliflower to meet 10% of daily vitamin A, calcium, and riboflavin requirements per serve; the strawberry with hidden carrots meets 20% of daily vitamin C requirements; and the mint chip with hidden spinach meets 25% of daily vitamin A requirements and 10% iron.
Is Peekaboo nut-free?
Peekaboo is produced in the same facility as goods containing milk, eggs, peanuts, tree nuts, soy, and wheat.
How long after they open a pint is the ice cream still good to eat?
It’s recommended to consume ice cream within two weeks of it being opened.
What is peekaboo ice cream made of?
Organic ice cream must contain all organic ingredients. This means no non-organic milk and no additives.
How is the peekaboo ice cream made?
All ingredients are organic and are then packaged and frozen. There is no water used in the process of making them and they do not contain any artificial colours or flavours.
What is the net worth of Jessica Weiss Levison?
Unknown.
