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Chapul Net Worth 2023 Update (Before & After Shark Tank)

Shark-Tank-US-Net-worth-Update-S05E21Chapul

Chapul, Cricket flour-based energy bar, was started by Pat Crowley in 2012. As of October 2023, Chapul net worth is $2 million and they’re pulling in a whopping $5 million in annual revenue. 

In March 2014, they appeared on season 5 of Shark Tank USA and made a deal with Mark Cuban, for $50,000 for 15% of equity. The final valuation was $333,333, down from the founder’s initial estimate of $1 million.

Chapul is still in business, but it has pivoted its focus from consumer products to insect agriculture development. Chapul continued to sell cricket powder online and to other food companies. If you are interested to know more about their business, visit their official website.

Chapul Net Worth

Net worth$2 million (2023)
Annual Sales Revenue$5 million (2023)
ProfitsNot publicly available
Lifetime salesNot publicly available
InvestorMark Cuban
FounderPat Crowley
Employees10 employees

Chapul Net Worth Timeline

Net Worth 2023$2 million
Net Worth 2022$2 million
Net worth valuation 2014 after appearing on Shark Tank  $333,333
Net worth valuation 2014 before appearing on Shark Tank  $1 million

Chapul Pitch on Shark Tank

Company nameChapul
ProductCricket flour-based energy bar
EpisodeSeason 05 Episode 21
Founder Pat Crowley
Asked for$50,000 for 5% Equity
Final deal$50,000 for 15% Equity
Shark Mark Cuban
LocationMcMinnville, Oregon

Don’t miss these product from Season 05

Chapul Founder

Chapul was founded by Pat Crowley in 2012. He is a social entrepreneur and sustainability leader. He has over 15 years of experience in the field of sustainable food and agriculture. Crowley is passionate about using insect agriculture to solve global food and environmental challenges. Chapul’s founder, Pat Crowley, has a net worth of $2 million as of 2023.

Key accomplishments

YearAccomplishment
2014Appeared on Shark Tank season 05 and Mark Cuban invested $50,000 for 15% Equity
2016Launched a line of cricket powder for consumers and food manufacturers.
2017Partnered with Whole Foods Market to sell cricket powder in its stores.

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 Chapul and its continued success.

What do you think?

Written by GAG Team

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