Pat Crowley founded Chapul to create cricket-based protein bars, aiming to promote sustainable food sources. This innovative idea led to a $50,000 investment from Mark Cuban on Shark Tank, boosting the company’s profile.
However, in 2019, Chapul had to pivot away from protein bars due to manufacturing challenges. Therefore, the company shifted its focus to insect agriculture through Chapul Farms, raising $2.5 million to address global food and waste issues.
This article explores how Chapul’s shift from protein bars to sustainable insect farming is shaping the future of food security
Chapul Net Worth
| Estimated Net worth | $2.5 million (2024) |
| 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 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 2024.
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.