Pizza Cupcake Shark Tank Net Worth 2023
The net worth of Pizza Cupcake, a product featured on Shark Tank, varies depending on the source. Some sources report that it is $7 million, while others report that it is $2.5 million or $1.8 million.
One source reports that the company’s valuation was adjusted to $833,000 following negotiation with Lori Greiner. As of 2022, the founders Andrea Meggiato and Michelle Jimeney have a net worth of 4.5 Million USD.
What is Pizza Cupcake? Who Were The Founders Of Pizza Cupcake?
The Pizza Cupcake is a distinctive dessert that consists of layers of a graham cracker crust, crushed pepperoni, cheese, tomato sauce, and mozzarella cheese. It is then baked in a cupcake pan at a very high temperature (450-500°F) for approximately 15 minutes.
These bite-sized delicacies can be enjoyed in various ways and settings.
The Pizza Cupcake was created by Adrea Meggiato and Michelle Jimenez, who are the founders of the Pizza Cupcake brand.
Adrea used to work as a manager for a pizza company where he oversaw the production of pizzas. However, he decided to pursue his own vision for a unique dessert and experimented with different recipes until he and his wife finally discovered the perfect one.
Pizza Cupcake Shark Tank Pitch
Pizza Cupcake initially proposed a deal to investors, requesting $125,000 in exchange for a 5% stake in their company.
However, when Lori Greiner offered to invest the same amount in exchange for a 20% share, Pizza Cupcake revised its offer to ask for $125,000 for a 15% stake.
After negotiations, Lori Greiner agreed to invest $125,000 for a 12.5% ownership stake in the company, with an additional 2.5% to be granted in the form of advisory shares shared between Lori and Pizza Cupcake Company.
Despite the airing of its Shark Tank episode in January 2021, Pizza Cupcake has continued to grow and expand its business by fulfilling orders.
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Recently, the Pizza Cupcake team received an invitation from Lori and Kevin O’Leary to participate in the launch of IG 4 Live.
Pizza Cupcake Competitors
Pizza Cupcake and Pizza Bagel are very similar products, as they are both made by the same team.
Both products are essentially just pizzas with melted cheese, baked in cupcake pans at a high temperature of 600 degrees Fahrenheit for around 10 minutes.
The net worth of Pizza Cupcake
The Pizza Cupcake Company has adjusted its valuation to $833,000 following Lori Greiner’s successful negotiation for a $125,000 investment in exchange for a 12.5% stake in the company, thanks to Lori Greiner’s deal-making skills on Shark Tank.
Pizza Cupcake Shark Tank Updates
The Pizza Cupcake is a Brooklyn-based food business that appeared on Shark Tank in 2021. The company makes cupcake-sized pizzas topped with tomatoes and cheese. During their pitch, Andrea and Michelle handed out samples, and the Sharks loved it.
Lori Greiner made a deal with the company, investing $125,000 for 5% of the business. The Pizza Cupcake has since become one of the best foods seen on Shark Tank, with $2.7 million in retail sales in less than a year since airing on the show.
After appearing on Shark Tank, The Pizza Cupcake dropped in retail three years after the launch of its product. The first grocer to make room in the freezer section was Wegmans, the East Coast chain with more than 100 stores.
The company’s products are now available in many East Coast retailer shops, including Walmart, which signed a nationwide distribution deal with The Pizza Cupcake in 2022. The Pizza Cupcake’s two flavors, Margherita and Pepperoni, are now on the shelves of over 1,600 Walmart locations in 47 states.
Pizza Cupcake’s retail presence and online sales have added up to spectacular financial growth for the company. The company is listed on Lori Greiner’s website, filed under “Shark Tank” success stories, alongside the uber-popular Bantam Bagels.
The Pizza Cupcake has become more accessible than ever, and it has captured the attention of the nation since its appearance on Shark Tank.
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Pizza Cupcake Shark Tank Table Summary:
TOPIC | SUMMARY |
Product | A dessert consisting of layers of graham cracker crust, pepperoni, cheese, tomato sauce, and mozzarella cheese baked in a cupcake pan at high temperature |
Founders | Adrea Meggiato and Michelle Jimenez |
Shark Tank Pitch | Requested $125,000 in exchange for a 5% stake in the company, revised to ask for $125,000 for a 15% stake, and made a deal with Lori Greiner for a $125,000 investment in exchange for a 12.5% ownership stake, with an additional 2.5% granted as advisory shares |
Competitors | Pizza Bagel, a similar product made by the same team |
Net Worth | Varies depending on sources: $7 million, $2.5 million, or $1.8 million. Valuation adjusted to $833,000 following Lori Greiner’s investment |
Updates | Available in many East Coast retailers, including Walmart, which signed a nationwide distribution deal in 2022. $2.7 million in retail sales in less than a year since airing on Shark Tank. Listed on Lori Greiner’s website as a Shark Tank success story. |
FAQs of Pizza Cupcake
What Is Pizza Cupcake Shark Tank?
The Pizza Cupcake is a conveniently cupcake-shaped snack that is a new pizza experience. It is made with a secret recipe that delivers a fluffy texture and is unlike any pizza you’ve ever had.
The Pizza Cupcake is made with high-quality ingredients, including real mozzarella cheese and imported Italian tomatoes.
The company was founded by Andrea Meggiato and Michelle Jiminez-Meggiato in 2018 Andrea, who was born in Italy, started the business with his wife Michelle.
They appeared on Shark Tank in 2021 seeking $125,000 for 5% of their business. The Sharks loved the product, and Lori Greiner made a deal with them.
After appearing on Shark Tank, The Pizza Cupcake has experienced spectacular financial growth. The company has done $2.7 million in retail sales in less than a year since airing on Shark Tank.
The Pizza Cupcake has signed a nationwide distribution deal with Walmart, marking the company’s first nationwide expansion in brick-and-mortar retail. The Pizza Cupcake is perfect for any occasion, including kids’ parties, family holidays, and celebrations.
How Does Pizza Cupcake Shark Tank Work?
The Pizza Cupcake is a Brooklyn-based food business that appeared on Shark Tank in episode 1209. The company was founded in 2018 by Andrea Meggiato and Michelle Jiminez-Meggiato, who make cupcake-sized pizzas topped with tomatoes and cheese.
During their appearance on Shark Tank, Andrea, and Michelle sought $125,000 for 5% of their business. They handed out samples to the Sharks, who loved it. Lori Greiner made a deal with them, and the company appeared on her website.
The Pizza Cupcake is a new pizza experience that is a conveniently cupcake-shaped snack, perfect for when you want pizza on the go. It is a savory gourmet snack that is flaky on the outside and cheesy on the inside.
The Pizza Cupcake is made with a secret recipe that was created in Italy and has forever changed how pizza lovers snack. The company’s goal is to make pizza a go-to snack for kids’ parties, family holidays, and celebrations.
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The Pizza Cupcake has experienced spectacular financial growth since appearing on Shark Tank. The company has signed a nationwide distribution deal with Walmart, marking its first nationwide expansion in brick-and-mortar retail.
The Pizza Cupcake’s two flavors, Margherita and Pepperoni, are now more accessible than ever. A 12-pack of Pizza Cupcakes costs $25.99, and shipping is $12.99. The company has been featured in several publications, including Time Out, Town and Country, BuzzFeed, and ELLE.
What Happened To Pizza Cupcakes After Shark Tank?
The Pizza Cupcake is a Brooklyn-based food business that appeared on Shark Tank in 2020. The company was seeking an investment of $125,000 for 5% of their business and agreed to a deal with Lori Greiner $125,000 for 12.5% equity and 2.5% royalties.
After the show, the company’s popularity increased, and they received overwhelming amounts of orders. They completed these orders and expanded their business to 25 states in America. The company also provided its product to 500 healthcare frontline workers.
Due to the Covid-19 pandemic, The Pizza Cupcake had difficulties getting supplies, but they continued to sell their product online. The company’s net worth reached $1.8 million, and they had done $2.7 million in retail sales in less than a year since airing on Shark Tank. In October 2021, The Pizza Cupcake became available in many East Coast retail shops.
Lori Greiner invested in The Pizza Cupcake, and the deal closed. The company appears on Lori’s website, and she mentioned it in her social media posts. Pizza Cupcake’s growth after Shark Tank was good, and they continued to expand their business.
Is The Pizza Cupcake Shark Tank Still In Business?
Yes, The Pizza Cupcake from Shark Tank is still in business. As of September 2021, the company announced that its products would be on the shelves at all Wegmans locations throughout the East Coast, and in October 2021, it launched over 100 Wegman’s stores on the East Coast.
In September 2022, The Pizza Cupcake signed a nationwide distribution deal with Walmart, marking the company’s first nationwide expansion in brick-and-mortar retail.
The Pizza Cupcake’s two flavors, Margherita and Pepperoni, are now on the shelves of over 1,600 Walmart locations in 47 states.
The Pizza Cupcake has experienced growth since appearing on Shark Tank, and Lori Greiner invested in the company. The company’s annual revenue is under $5 million but growing.
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Pizza Cupcake faced difficulties during the COVID-19 pandemic, but online delivery had increased a lot. The company’s pizzas are made in a commercial kitchen, and they partnered with a co-packer to meet their growing needs.
In conclusion, The Pizza Cupcake from Shark Tank is still in business and has expanded its distribution to Walmart and Wegmans locations throughout the East Coast. The company has experienced growth since appearing on Shark Tank, and Lori Greiner invested in the company.
What Is The Current Valuation Of Pizza Cupcakes After Shark Tank?
The current valuation of Pizza Cupcake after Shark Tank is a bit unclear as different sources provide different figures. Currently has a valuation of $833,000 after securing a deal with Lori Greiner in Shark Tank.
The valuation of the company after the show was $2.5 million. Reports that the net worth of Pizza Cupcake is $7 million, while states that the founders of Pizza Cupcake, Andrea Meggiato, and Michelle Jimeney, have a net worth of $4.5 million as of 2022.
Despite the varying figures, it is clear that Pizza Cupcake has experienced significant growth since appearing on Shark Tank. The company made revenues of $344,000 in 2020 and projected sales of $800,000 for 2021.
The same source also notes that Pizza Cupcakes are currently on a pre-order basis due to high demand and COVID logistic restrictions.
Reports that the sales of Pizza Cupcake grew from $310,000 to over $3 million after their Shark Tank episode, and many chains across the United States like Whole Foods have approached the company for long-term distribution contracts.
Pizza Cupcake made gross sales of $3.9 million in the previous twelve months.
In summary, while the exact valuation of Pizza Cupcake after Shark Tank is unclear, it is evident that the company has experienced significant growth and success since appearing on the show.
What was the offer?
They accepted an offer from Lori Greiner of $125,000 for 12.5% + 2.5% in advisory shares.
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Who are the founders of Pizza Cupcake?
Andrea Meggiato and Michelle Jimenez are the founders of Pizza Cupcake.
What is Pizza Cupcake?
They come in compact portions, making them suitable for a fast meal.
What inspired you to start Pizza Cupcake?
Andrea Meggiato was inspired to start his own company after working in the pizza business for many years.
What was their biggest financial gain?
They sold their first run of cupcakes on 2020 for $345,000.
What’s the deal?
Michelle counters once again with $125,000 for 12.5% and 2.5 % advisory shares, accordingly..
What will they do with the money?
With this money they will expand their business in different areas.
Where can you find Pizza Cupcake?
Pizza Cupcakes can be purchased from their website, pizzacupcake.com, in Chicago, New York and Los Angeles, and a few other cities in the U.S.
How do I know if my order is tracking?
Once an order has been placed, they can always track it on their website.
How do I contact Pizza Cupcake?
You can write to them at info@pizzacupcake.com
What is the social media of Pizza Cupcake?
Facebook: facebook.com/PizzaCupcakes
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Twitter: twitter.com/pizzacupcake
What Was Andrea Meggiato First Date?
On their first date, Andrea wanted to impress Michelle and taught her how to make pizza.
What was the best thing about their pizza?
The best thing about their pizza is that it is so easy to make and so delicious.
What happened after the Shark Tank?
Pizza Cupcake continues to fulfill orders and grow the business after the Shark Tank episode initially aired.
What product do they sell?
They make a gourmet version of pizza, which can be eaten as a snack or a meal.
What was their first big break?
The first big break for Adrea Meggiato was to go on the popular reality show “Shark Tank”.
What was the worst thing about their business?
The worst thing about their business is that it takes a lot of time to bake the crusts.
What are the ingredients in Pizza Cupcake?
The ingredients are pizza dough, mozzarella cheese, sliced pepperoni, and tomato sauce and parmesan cheese.
What are their biggest challenges?
Their biggest challenge is to maintain the quality of their product and convince customers to buy the idea.
What is their strategy?
They plan on investing in more equipment and markets with high opportunities.
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What was the background of Pizza Cupcake?
Pizza Cupcake started as a pizza business and then changed into a cupcake business.
Can Pizza Cupcake secure a Shark Tank deal with Lori Greiner?
Yes, Pizza Cupcake secured a Shark Tank agreement with Lori Greiner in exchange for a $125,000 investment and 12.5 percent ownership plus 2.5 percent advisory shares
What are the toppings?
There is pizza sauce, cheese, pepperoni, and roasted red peppers.
How do you make a Pizza Cupcake?
You make a bacon ranch chicken one by spreading the sauce, then adding the cheese and chicken chunks. Then add bacon and finally sprinkle on your favorite seasonings. Bake at 450-degrees for 15 minutes.
What are the reviews?
Several food and beverage review websites have also lauded the Pizza Cupcake.
What are the implications of this?
In terms of a The Pizza Cupcake update, Andrea and Michelle are certain to get significant exposure for their business following their contract with Lori and appearance on Shark Tank.
How did they make their money?
The primary income streams that allowed this firm to prosper in the competitive frozen food industry were their marketing efforts on Facebook and Instagram, as well as the products they sold on their website.
Additionally, they earned cash by selling to New York State’s frontline employees.
What was the success of this company?
Profitable, the firm has witnessed a significant increase in revenue and valuation to $833,000 in 2020.
What is Uprising Bread?
Uprising is a low-carb, gluten-free bread substitute that is devoid of preservatives.
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What Was Michelle Jimenez’s Deal with a Shark Tank?
Michelle Jimenez and her husband Andrea Meggiato sought $125,000 for a 5% ownership in their business.
How Michelle Jimenez cracked the deal for Pizza Cupcake with Lori on Shark Tank?
Michelle Jimenez struck the deal by offering 12.5% shares for $125,000 investment.
What happened to Pizza Cupcake after Shark Tank?
It continues to grow and is now in its 3rd generation of cupcakes. After the deal, Andrea and Michelle moved their business to New York City and expanded with a bread line called Uprising.
Did Pizza Cupcake Get a Deal on Shark Tank?
Yes, Pizza Cupcake secured a deal on Shark Tank with Lori Greiner for $125,000 for 12.5% of the business.
What is a pizza cupcake episode from shark tank?
Pizza Cupcake was featured in shark tank episode 9 seasons 12