Cheese Geek Net Worth 2024 Update (Before & After Dragons’ Den)
Cheese Geek, app-based cheese retailer, was started by Richard Hancock and Edward Simpson in 2017. As of 2024, Cheese Geek net worth is around £1 million and they’re pulling in a whopping £3.3 million in annual revenue.
In January 2022, they appeared on Season 19th of Dragons’ Den UK and made a deal with Stephen Bartlett, for £150,000 for 5% of equity. The final valuation was £3 million, down from the founder’s initial estimate of £5 million.
Cheese geek is transforming the cheese industry by the day. They are still in business. You can buy their products on the company website.
Cheese Geek Net Worth
Net worth | £1 million |
Annual Sales Revenue | £3.3 million |
Profits | N/A |
Lifetime sales | N/A |
Investor | Stephen Bartlett |
Founders | Richard Hancock and Edward Simpson |
Employees | 12 |
Cheese Geek Net Worth Timeline
Net Worth 2024 | £1 million |
Net Worth 2023 | £1 million |
Net Worth 2021 | £236,038 |
Net worth valuation2022 after appearing on Dragons’ Den | £3 million |
Net worth valuation 2022 before appearing on Dragons’ Den | £5 million |
Cheese Geek Pitch on Dragons’ Den
Company name | Cheese Geek |
Product | app-based cheese retailer |
Episode | Season 19 Episode 01 |
Founders | Richard Hancock and Edward Simpson |
Asked for | £150,000 For 3% Equity |
Final deal | £150,000 For 5% Equity |
Dragon | Stephen Bartlett |
Location | UK |
Cheese Geek Founders
Cheese Geek was founded by Richard Hancock and Edward Simpson in 2017. Edward is a Bachelor of Science in Economics from Newcastle university. Richard is currently the Chief operations officer for cheese geek. Cheese Geek’s founders, Richard Hancock and Edward Simpson, have a net worth of £157,895 as of 2024.
Key accomplishments:
Year | Accomplishment |
2017 | Founded cheese geek |
2022 | Appeared on Dragons Den Season 19 |
Conclusion:
From their beginnings on Dragons’ Den 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 Cheese Geek and its continued success.
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