Chill Soda, a beverage brand featured on Shark Tank USA Season 01, gained attention for its low-calorie and low-sugar sodas designed for health-conscious consumers. The brand has not undergone any major acquisitions but continued to grow over the past years, supported by its initial investor, Barbara Corcoran.
Although the company hasn’t pursued crowdfunding, it remained focused on expanding its market presence. Notable milestones include new flavors and increased distribution, helping it maintain relevance in the competitive beverage industry.
At its peak company had an estimated net worth of $3 million. However, chill soda ultimatley went out of business.
Chill Soda Net Worth
Estimated Net worth | $3 million (2021) |
Annual Sales Revenue | Not available |
Lifetime sales | Not available |
Investor | Barbara Corcoran |
Founder | Dan Mackey |
Employees | Not available |
Chill Soda Pitch on Shark Tank
Company name | Chill Soda |
Product | Healthy carbonated beverages |
Episode | Season 01 Episode 09 |
Founder | Dan Mackey |
Asked for | $50,000 for 10% equity |
Final deal | $50,000 for 20% equity |
Shark | Barbara Corcoran |
Location | Sausalito, California |
Don’t miss these products from Season 1
Chill Soda Founder
Dan Mackey founded Chill Soda in 2003. Dan has a professional background in the marketing field. He got the inspiration to start his own business from her sister, who worked at a school where sodas were banned due to artificial ingredients. Chill Soda’s founder, Dan Mackey, ’s net worth is currently unknown since Chill Soda is no longer in business.
Key accomplishments
Year | Accomplishment |
2009 | The company got featured on Shark Tank season 1 and managed to get a deal. |
Conclusion
Some companies that appear on the show have not achieved great success, and the Chill Soda was one of them. Sometimes businesses don’t succeed because of many reasons. Sometimes, the deal falls through after the founders say yes on camera. Or, as you’ll see, sometimes things happen to the founders themselves, and they choose to abandon the business. Anything is possible. However, Chill Soda went out of business in 2021. And the product is no longer available in the market.