Crio Bru Cacao Net Worth 2023 Update (Before & After Shark Tank)
Crio Bru Cacao, a Cocoa bean beverage, was started by Jon Fotheringham, and Eric Durtschi in 2010. As of October 2023, Crio Bru Cacao’s net worth is $15 Million and they’re pulling in a whopping $3 Million in annual revenue.
On April 25, 2014, they appeared on Season 5 of Shark Tank USA seeking 1 million dollars in exchange for 10% equity valuing the company at $10 Million. However, the Sharks were not interested in investing in Crio Bru Cacao. Sharks were having issues with the taste of the product and, the valuation number of the company so the founder had to walk out empty-handed.
Crio Bru Cacao is still in business. Their products are available on the official website and Amazon.
Crio Bru Cacao’s Net Worth
Net worth | $15 Million (2023) |
Annual Sales Revenue | $3 Million (2022) |
Profits | – |
Lifetime sales | – |
Investor | – |
Founders | Jon Fotheringham, Eric Durtschi |
Employees | 166 |
Crio Bru Cacao Net Worth Timeline
Net Worth 2023 | $15 Million |
Net Worth 2022 | $12 Million |
Net Worth 2021 | $9 Million |
Net Worth 2020 | $7 Million |
Net worth valuation in 2014 after appearing on Shark Tank | – |
Net worth valuation in 2014 before appearing on Shark Tank | $10 Million |
Crio Bru Cacao Pitch on Shark Tank
Company name | Crio Bru Cacao |
Product | Cocoa bean beverage |
Episode | Season 05 Episode 27 |
Founders | Jon Fotheringham, Eric Durtschi |
Asked for | $1 million dollars in exchange for 10% equity |
Final deal | No deal |
Sharks | None |
Location | Santa Barbara, California |
Don’t miss these products from Season 5
Crio Bru Cacao Founders
Crio Bru Cacao was founded by Jon Fotheringham, and Eric Durtschi in 2010. Eric Durtschi renowned chocolatier. Jon wants to mix the brand with Mayan ka’kao. Crio Bru Cacao’s founders, Jon Fotheringham, and Eric Durtschi have a net worth of USD 15 Million as of 2023.
Key accomplishments
Year | Accomplishment |
2023 | Crio Bru now has 20-plus flavors |
2014 | Crio Bru appeared on Shark Tank |
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 Crio Bru Cacao and its continued success.