Cave Shake – What happened after Shark Tank? Here is their Net worth & current update

Are you tired of being fat? Do you want an attractive body with good posture? Then Cave Shake is for you.

After Billie Cavallaro and Holly Heath got into a Shark Tank deal with Mr. Barkley in 2022, their net worth was recorded as 10 million USD and the sales of the company increased by up to $3 million.

Cave Shake - What happened after Shark Tank Here is their Net worth & current update

Key Takeaways

  • Cave shake is a supplementary sugar-free, vegan, paleo, and gluten-free meal.
  • Billie Cavallaro and Holly Heath are the founders of Cave Shake.
  • Charles Barkley agreed to invest $250,000 for 20% equity in Cave Shake.
  • The net worth of Cave Shake (Space Shake) as of 2022: $10 million.

Cave Shake Net worth

As per the latest updates, Cave Shake’s net worth is $10 million.

Read Cave Shake Net worth Update (Before & After Shark Tank) in brief here.

Cave Shake’s Net worth before appearing in Shark Tank$1.25 million (business valuation)
Cave Shake’s Current Net Worth (2022)$10 million
EpisodeEpisode 4 Season 10
Company NameCave Shake
ProductPaleo or Keto diet as a meal replacement
FounderBillie Cavallaro and Holly Heath
Asked For$250,000 as the investment for 10% equity of the company
Final Deal$250,000 as the investment for 20% equity of the company
SharkCharles Barkley
Business statusIn Business
LocationLos Angeles, California, United States
  

What is Cave Shake?

Cave Shake is a nutritional diet with low carbs and fat. This gluten, dairy, grain-free paleo, vegan product is made of organic coconut milk which is rich with triglycerides.

The fat-free keto diet comes in three different flavors; Chocolate, Vanilla & Coffee.

Founders of Cave Shake

Two Long term friends named Billie Cavallaro hardcore athlete in ski racing and Holly Heath are the founders of Cave Shake.

Once they have heard eating paleo–keto is good for human health and recovering from fatal wounds they have initiated the business.

What happened at the shark tank

Billie, Holly came into Shark Tank seeking $250,000 for 10% equity of the company.

As per Billie, the cost of making a shake is $1.86 and the retail price is $7.99.

Even though their presentation was exciting some sharks weren’t look so inspired. Okay, let’s jump into the stats. The company’s 2017 sales were $270,000 and in 2018 they have made over $182,000.

They were expecting to bring up the company’s sales to $750,000 however, Kevin and Robert were seems upset due to the third-party agreement of Cave Shake and Lori wasn’t so inspired by the nature of the product. Hence all three of them have stated “out”.

Three sharks are out, one is remaining.

“I enjoyed your company and you two”

Charles Barkley at shark tank pitch

Once Charles Barkley had offered $250,000 for 20% equity of Cave Shake, Billie and Holly asked for a customer offer in favor.

However, Mr. Barkley find Cave Shake interesting and made a custom offer of $250,000 for 20% equity and Holly said” Yes”.

What happened to Cave Shake after shark tank

After the Shark Tank show, the company’s appearance on social media has risen and they have changed its product name to “Space Shake”.

Due to the high demand, LA Libations supported winning the Southern California market and now they are available on Amazon.

New flavors and packaging were introduced with low calories per serving.

How is Cave Shake doing [Latest update]

The company is still in business with a growing social media fan base, with 18,000 Instagram followers and more than 2,600 Facebook likes. Also, they have 260 Twitter followers.

The success of the business has delivered the original deal to the founders.

Cave Shake Review

Below are a few reviews extracted from Amazon.com:

A few reviews on Amazon are generally good, and the company’s Website Reviews are very positive.
According to multiple Cave Shake Reviews, the product does really work well.

Competitors of Cave Shake

  • Detour Bar
  • Chil Frozen
  • Yoghurt Bar
  • Yo3 Metro LLC

FAQ

Is Cave Shake still in business?

Yes. The company is still in business, and Cave Shake has been rebranded as Space Shake as of 2022.