Victory Coffee Shark Tank Net Worth 2023
Victory Coffee’s net worth is not publicly available, but the Denver Business Journal reported in 2017 that the company was estimated to have a 1.25 million-dollar value.
When Cade appeared on Shark Tank and asked for $250,000 in exchange for 20% ownership of his company, he valued Victory Coffee at $1.25 million.
Even though no exact information regarding Victory Coffe’s net worth has been revealed since then, the business has managed to stay afloat with an estimated annual revenue of $3 million as of September 2022.
What is Victory Coffee?
Victory Coffee, founded by a former Navy SEAL Cade Courtley, is not just another coffee company. They offer a subscription and delivery service for $30 per month that goes beyond just providing caffeine, tailoring each delivery to the customer’s preferred quantity based on their daily consumption. The company is also committed to hiring veterans and providing free coffee to VA facilities.
During an interview, Courtley revealed that not receiving funding from investors on Shark Tank turned out to be a blessing in disguise. He appeared on the show seeking a $250,000 investment in exchange for 20% ownership of Victory Coffees but did not strike a deal.
Despite this setback, the company gained significant exposure and was featured on Fox News for their charitable contributions to a veterans hospital in Phoenix, Arizona.
Victory Coffees made it onto multiple Christmas gift lists in 2017, including a “best last-minute gourmet gift ideas” and “under $50 gift ideas” on Dallasnews.com.
On their website, Victory Coffees boasts of their award-winning coffee, available in whole bean, ground, or K-cup form, and five flavors: Leatherneck (dark roast), Sailor (medium roast), Trooper (light roast), Admiral (espresso), and Airman (decaf).
The company takes pride in being veteran-owned and operated and offering quality products and excellent customer service. Customers can purchase Victory Coffees in 12oz bags (whole bean or ground) or K-Cups.
Victory Coffee at the Shark Tank
Cade enters the Shark Tank seeking $250,000 for 20% of his company which is veteran owned and operated. To show off his product, his assistant dressed as Rosie the Riveter provides coffee samples to the Sharks who enjoy it.
The coffee is sourced from Central and South America, Africa, and Sumatra in whole bean, ground, and K-Cups varieties. After Mark inquires more on the business itself Cade reveals that he sells to both businesses and directly to consumers while aiming to build a salesforce comprised of veterans/salesmen.
Unfortunately the Sharks are impressed with the coffee but not so much with Cade’s business plan, thus leading them all to go out one by one.
Victory Coffee after the Shark Tank
Victory Coffees, founded and operated by veteran Cade Crockett, has been thriving ever since its appearance on the show Shark Tank in 2017. In that same year, Victory Coffees saw $1 million in sales alone, and as of September 2022 it had reached estimated annual revenue of $3 million.
Not many entrepreneurs are able to turn a dream into success so quickly and successfully but thanks to Cade’s determination and the advice taken from his appearance on Shark Tank, Victory Coffees is like a well-oiled machine with active social media pages and a lively website.
Cade is often featured in news interviews where he speaks about his mission and his journey to entrepreneurship, inspiring viewers everywhere.
What is Victory Coffees Worth?
Victory Coffees’ net worth is not publicly available, but the Denver Business Journal reported in 2017 that the company is worth a million dollars.
When Cade appeared on the Shark Tank show and requested for $250,000 in return for 20% ownership of his company. That means he estimated his company Victory Coffee to be worth $1.25 milion valuation.
Victory Coffee FAQS
What exactly is Victory Coffees?
It is a beverage company that take pride in being a veteran-owned and run squadron that stands behind our quality and customer service.
Victory Coffees offers their coffees free in Veteran hospitals across the nation. They have excellent reviews and are pursuing a deal to service the troops overseas.
What is Cade’s background?
He is used to operating in hostile environments as a military veteran having served deployments in Iraq and Afghanistan.
When was Voctory Coffee Started?
Victory Coffees, which was started 18 months before the shark tank shown, is a veteran-owned and veteran-operated company on a goal to bring “organically grown/fairly traded foreign coffee blends” to your door.
The coffee is available in whole beans, ground coffee, and even K-Cups, also known as solider cups in Victory jargon.
The company provides various robust roasted coffee variations, including the Leatherneck, which is a bold, toasted, dark chocolate, full-bodied dark roast; the Sailor, which is a cocoa butter, maple, medium roast; and the Trooper, which is a smooth and buttery light roast.
The Admiral Espresso is also available from Victory Coffees.
How can I tell which coffee blend is best for me?
Simply choose from their amazing variety of organically grown/fairly traded international coffee blends in whole bean, ground, or single cup pods.
Who passed on the opportunity to invest in Victory Coffees?
When Courtley appeared on Shark Tank in 2017, Shark Tank stars Mark Cuban, Daymond John, Kevin O’Leary, Lori Greiner, and Robert Herjavec declined the opportunity to invest in Victory Coffees.
Cade Courtley, what happened to him?
Cade Courtley entered Shark Tank Season 8 Episode 12 asking $250,000 for 20% and left without a deal.
What are some achievements of Victory Coffee?
Victory coffees were included on many Christmas lists in December 2017, including a Best last-minute gourmet gift idea list and an under $50 gift idea list on Dallasnews.com.
How was the Cade Courtley Shark Tank pitch?
Cade introduced himself to the Sharks and asked for $250,000 in return for 20% ownership of his company, Victory Coffees.
He informed the Sharks he was a former Navy seal, sharpshooter, and security guard.
Courtley claims he’s not just offering “the world’s strongest coffee,” but he’s also making it a commitment to recruit veterans.
He however didn’t get a deal from the shark tank.
What kinds of coffee are there?
The coffee was offered in whole bean, ground, and K cup forms.
Is Victory Coffee still in business?
Victory currently operates and appeared to be doing well.
When was the shark tank aired?
In Shark Tank episode 813, former Navy Seal sniper Cade Courtley wanted to charm the Sharks with Victory Coffees, his line of gourmet coffee supplied through subscription model.
What’s the deal?
Cade comes in with a $250,000 offer for a 20% stake in his firm.
What exactly is Victory Coffees?
Victory Coffee is a coffee that sells coffee that taste fantastic. It is a veteran-owned and run company that sells coffee at a fraction of the cost of other coffees.
Cade decided to turn it into a subscription box company called Victory Coffees.
According to the founder, Victory Coffees will bring right to your home with a monthly membership for for $1 per cup.
How much does it cost?
Victory Coffees are available for “only a $1 a cup.” (Now in $30 per month subscription).
Victory Coffees are available in 12oz bags (whole bean or ground), K-Cups, and 5 flavors: Leatherneck (dark roast), Sailor (medium roast), Trooper (light roast), Admiral (espresso), and Airman (decaf).