Bear Minimum, created by Cory and Heidi Santiago, introduced the Bear Bowl—a lightweight, foldable cooking pot perfect for campers—on Shark Tank in 2018.
They struck a deal with guest shark Jamie Siminoff, securing $100,000 for 25% equity. This exposure led to a spike in sales and helped the business expand its product offerings.
As of 2025, Bear Minimum continues to thrive, selling its innovative cookware on platforms like Amazon and their website. The company’s estimated net worth stands at $585,000, showcasing steady growth fueled by its durable, compact designs that remain popular with outdoor enthusiasts.
Bear Minimum Net Worth
Net worth | $585,000 (2025) |
Annual Sales Revenue | $80,000 |
Shark Tank Investor | Jamie Siminoff |
Founders | Heidi Santiago and Cory Santiago |
Bear Minimum Pitch on Shark Tank
Company name | Bear Minimum |
Product | Camping Cookware |
Episode | Season 10 Episode 01 |
Founders | Heidi Santiago and Cory Santiago |
Asked for | $100,000 for 20% equity |
Final deal | $100,000 for 25% equity |
Shark | Jamie Siminoff |
Location | Hanover, Massachusetts |
Don’t miss this product from Season 10
Bear Minimum Founders
Bear Minimum was founded by Heidi Santiago and Cory Santiago in 2016. Heidi Santiago is a former nurse and stay-at-home mom. Cory Santiago is a former software engineer and entrepreneur.
Bear Minimum’s founders, Heidi Santiago and Cory Santiago, have a net worth of USD 700,000 as of 2025.
Key accomplishments:
Year | Accomplishment |
2023 | Being featured in publications such as Backpacker and Outside Magazine. |
2020 | Bear Minimum experienced significant sales growth. They marketed and sold over 2,000 units in just two months |
2018 | Successful Appearance on Shark Tank: Bear Minimum appeared on Shark Tank in Season 10 and secured a deal with the Sharks |
Conclusion:
From their beginnings on Shark Tank to their current status as a thriving business, they have proven that with the right idea and execution, anything is possible. We can’t wait to see the future for Bear Minimum and its continued success.