Quevos Shark Tank Net Worth (Before and After Shark Tank)

Quevos, a chipmaker specializing in egg white chips, made an impactful appearance on Season 12 Episode 11 of Shark Tank. The founders, Nick Hamburger and Zach Schrier, sought a $200,000 investment for a 5% stake in the company. They caught the attention of Daniel Lubetzky, who offered $200,000 for 10% equity and a $200,000 line of credit. This deal propelled Quevos into a new phase of growth and success.

The global healthy snacks market is valued at a staggering $78.13 billion in 2019 and is predicted to reach $108.11 billion by 2027. Quevos recognized the potential within this market and positioned themselves as a reputable brand providing guilt-free and delicious snack options.

With their range of healthy chip flavors made from egg whites, Quevos quickly gained popularity. Their products are now available in over 1,000 retail stores in Illinois and through online platforms like Amazon.

Quevos has already achieved impressive sales figures, generating $660,000 in 2021. Their goal is to reach $1.3 million by the end of this year, showcasing their determination to establish themselves as key players in the industry.

Key Takeaways:

• Quevos secured a deal on Shark Tank, receiving a $200,000 investment from Daniel Lubetzky for 10% equity and a $200,000 line of credit.
• The global healthy snacks market is worth billions, providing ample opportunities for Quevos’ growth.
• Quevos offers a range of tasty and guilt-free chip flavors made from egg whites.
• The company has already generated $660,000 in sales in 2021 and aims to reach $1.3 million by the end of the year.
• Quevos’ success on Shark Tank has positioned them as a reputable and promising brand in the snack industry.

The Growth of Quevos After Shark Tank

After their appearance on Shark Tank, Quevos experienced a significant boost in sales. In just two weeks, they generated an impressive $500,000 in revenue. This success can be attributed to the exposure and investment received on the show, as well as the uniqueness and appeal of their product.

With Daniel Lubetzky’s initial investment of $200,000 and subsequent additional funding of $1.35 million, Quevos had the resources to expand their reach globally. In total, the company raised $3.6 million from various investors, further propelling their growth and success.

One of the key factors contributing to Quevos’ growth is the expansion of their distribution network. They went from being available in 1,000 retail stores in Illinois to over 1,500 stores nationwide. This includes popular chains like GNC, Vitamin Shoppe, Whole Foods, and Wegman’s. By increasing their market presence, Quevos has been able to reach a wider audience and satisfy the growing demand for healthy snack alternatives.

The Success of Quevos Chips

Quevos’ chips have received rave reviews from consumers, who appreciate the combination of taste and nutritional benefits. The brand’s commitment to offering guilt-free snacking options has resonated with health-conscious individuals seeking a flavorful alternative to traditional potato chips.

Key Strengths of Quevos Chips	Customer Feedback
Healthy and Nutritious	“These chips are packed with protein, and they taste amazing!”
Wide Range of Flavors	“I love that Quevos offers so many different flavors to choose from. There’s always something new to try!”
Convenient Packaging	“The resealable bags are perfect for on-the-go snacking.”
Unique Texture	“Quevos chips have a crisp texture that sets them apart from other brands. They’re light and airy!”

Building on the success of their egg white-based chips, Quevos has expanded their product line to include Quevos Puffs and Quevos Crisps. These new offerings cater to different snacking preferences and provide even more options for consumers to enjoy the delicious and healthy snacks Quevos has to offer. As the brand continues to innovate and grow, their revenue and business value are set to increase further.

The Future of Quevos and Their Net Worth

Quevos has made significant strides in the snack industry, positioning itself as a reputable and successful brand. As of August 2023, the net worth of Quevos is estimated to be $4 million, reflecting its continuous growth and market success. With its innovative and healthy snack alternatives, Quevos is disrupting the market and captivating consumers’ taste buds.

The company’s annual sales revenue has reached an impressive $3 million, indicating sustained growth and increasing market demand. Quevos’ commitment to delivering delicious yet guilt-free snacks has resonated with consumers, driving further growth and brand loyalty.

With their inclusion in the Forbes 30 Under 30 2022 list, Quevos founders, Nick Hamburger and Zach Schrier, have solidified their status as young industry leaders. Their vision for Quevos has been a driving force behind the brand’s success, and their dedication to providing innovative snack options continues to shape the company’s future.

Supported by the investment and guidance of Daniel Lubetzky, the founder of KIND Snacks, Quevos is well-positioned for continued growth and success. As they expand their market presence and introduce new products, Quevos’ valuation is expected to rise, cementing its position as a key player in the snack industry.