Wild Squirrel Nut Butter Net Worth 2023
During the initial pitch, the company was valued at $500,000. However, as the company has continued to operate since then, it’s highly likely that its net worth has increased beyond that initial valuation.
As the business grows and gains more customers, the value of the company can increase, especially if it has been able to secure additional investments or funding.
It’s also possible that the company has expanded its product offerings, increased its revenue streams, or entered into strategic partnerships that have contributed to its growth and increased its net worth.
Therefore, while the company was worth $500,000 at the time of the pitch, its current net worth could be significantly higher.
What is Wild Squirrel Nut Butter? Who is the founder of Wild Squirrel Nut Butter?
Wild Squirrel Nut Butter is a brand of nut butter that originated as a humorous prank on April Fools’ Day but later evolved into a full-fledged company.
The concept behind Wild Squirrel Nut Butter is quite straightforward yet amusing: to produce better nut butter than the big, modern corporate brands. Their nut butter flavors include cinnamon raisin and chocolate coconut, and they contain less sugar than typical snack items.
Keeley Tillotson and Erika Welsh, who were both students at the University of Oregon in 2011, founded Wild Squirrel Nut Butter.
One day, while making sandwiches, they realized they were running low on peanut butter, so they decided to make their own. They experimented with different spices and flavors, resulting in their own brand of peanut butter called Wild Friends peanut butter.
To mass-produce their product, they launched a Kickstarter campaign, which gained traction among their friends and customers at local farmer’s markets. The company’s popularity spread across Oregon and the Pacific Northwest, and it began to thrive.
Wild Squirrel Nut Butter Shark Tank pitch?
Wild Squirrel Nut Butter appeared on Season 3, Episode 15 of Shark Tank seeking a $50,000 investment in exchange for a 10% stake in their company, which was valued at $500,000.
However, none of the Sharks were interested, except for Barbara who offered $50,000 for 40% ownership of the company. Keeley and Ericka decided to go it alone and declined Barbara’s funding during their due diligence.
After the Shark Tank episode aired, Wild Squirrel Nut Butter received a lot of inquiries and was on over 200 supermarket shelves. The brand continued to grow and in 2016, they renamed Wild Friends Nut Butter.
Their products are now stocked in Whole Foods, Costco, Kroger, and other supermarkets, and they had $6 million in sales in 2016. They also raised $1.4 million from CircleUp investors in the same year.
As of November 2022, Wild Friends Nut Butter is still in business with over $4 million in yearly sales. While they may not be a household names like Skippy or Jif, they have certainly made a name for themselves in the nut butter industry.
Competitors of Wild Squirrel Nut Butter
The top competitors of Wild Squirrel Nut Butter in the market space are; Justin, NuttZo, Barney Butter, Enjoy Life Foods, Frontera Grill, KIND LLC, Quest Nutrition LLC and thinkThin LLC.
Net Worth of Wild Squirrel Nut Butter
The company valuation was $500,000 during the pitch. Since then the company is still operating and hence the company net worth might have been higher than that of pitch.
Wild Squirrel Nut Butter FAQs
What is Wild Squirrel Nut Butter?
Wild Squirrel Nut Butter is a nut butter that started as mostly a silly joke on the internet. It was an April Fools’ Day gag that exploded into an entire company! The idea behind Wild Squirrel Nut Butter is really quite simple, but also hilarious: to make better nut butter than the modern-day corporate giants.
Who is the founder?
Ericka Welsh and Keeley Tillotson are the founders of the company.
How much were they seeking on Shark Tank?
They were seeking for $50,000 for 10% equity in the company.
How much did they receive on Shark Tank?
They eventually received a deal from Barbara of $50,000 for 40% equity shares of the company.
Is Wild Squirrel Nut Butter still in business?
Wild Squirrel Nut Butter is still in business as of February 2022.
Where is Wild Squirrel Nut Butter made?
The product is made in Portland, Oregon, United States of America.
How much does Wild Squirrel Nut Butter cost?
The products cost range between $9.99 to $11.99 per jar as of February 2022.
What are the ingredients in Wild Squirrel Nut Butter?
The ingredients that are used in the making of the product include; peanuts and salt.
How many types of Wild Squirrel Nut Butter are there?
There is only one type of the peanut butter that is available for sale.
How can I buy Wild Squirrel Nut Butter?
Customer can purchase Wild Squirrel Nut Butter online directly on their website at www.wildfriensfood.com, or customer can find it in stores across the nation including Whole Foods, Costco, Kroger, Albertsons and more.
Why should I buy Wild Squirrel Nut Butter?
Wild Squirrel Nut Butter is a healthy way to have nut butter. Every jar is made with just four ingredients: actual nuts and a touch of sea salt.
Is Wild Squirrel Nut Butter kosher-free?
Wild Squirrel Nut Butter is kosher-free.
Does Wild Squirrel Nut Butter have GMO?
Wild Squirrel Nut Butter does not have GMO.
How much weight can I lose by eating Wild Squirrel Nut Butter?
Wild Squirrel Nut Butter is a healthy and easy way to lose weight when using it regularly according to the customers who have used it. It does not contain any preservatives and synthetic flavors, so it is healthier than other nut butters and spreads that are on the market today.
Is Wild Squirrel Nut Butter gluten-free?
Wild Squirrel Nut Butter is gluten-free.
Is Wild Squirrel Nut Butter vegan-friendly?
Wild Squirrel Nut Butter is vegan-friendly.
Does Wild Squirrel Nut Butter contain nuts?
Wild Squirrel Nut Butter contains only peanuts and salt.
What is the payment methods accept by Wild Squirrel Nut Butter?
Customer can pay in person or online with a credit card.
Where is Wild Squirrel Nut Butter shipped from?
Wild Squirrel Nut Butter is shipped from Portland, Oregon, United States of America.
Do I need to refrigerate Wild Squirrel Nut Butter?
Wild Squirrel Nut Sauce is best eaten cold, but it can be stored in the refrigerator for about a month.
What is the shelf life of Wild Squirrel Nut Butter?
The shelf life of Wild Squirrel Nut Butter is up to 1 year when stored in a cool and dry place; away from direct sunlight and heat sources like light bulbs or appliances.
What is the net worth of Erika Welsh?
The net worth of Erika Welsh is $1 million.
What is the net worth of Keeley Tillotson?
The net worth of Keeley Tillotson is not available.
