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) |
| Profits | Not publicly available |
| Lifetime sales | Not publicly available |
| Investor | Mark Cuban |
| Founder | Pat Crowley |
| Employees | 10 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 name | Chapul |
| Product | Cricket flour-based energy bar |
| Episode | Season 05 Episode 21 |
| Founder | Pat Crowley |
| Asked for | $50,000 for 5% Equity |
| Final deal | $50,000 for 15% Equity |
| Shark | Mark Cuban |
| Location | McMinnville, 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
| Year | Accomplishment |
| 2014 | Appeared on Shark Tank season 05 and Mark Cuban invested $50,000 for 15% Equity |
| 2016 | Launched a line of cricket powder for consumers and food manufacturers. |
| 2017 | Partnered 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.
