Crisp, a raw salad bar business founded by Shey Newitt and Ted Tolfree in 2016, was valued at $7 million during their 2015 pitch on Shark Tank Australia.
Despite not securing a deal, they continued operations. However, as of 2024, there are no recent updates on their website or social media, and reports indicate that Crisp went out of business in 2022.
Crisp Net Worth
| Estimated Net worth | $7 million (2015) Business Valuation |
| Annual Sales Revenue | Not available |
| Lifetime sales | Not available |
| Investor | None |
| Founder | Shey Newitt & Ted Tolfree |
| Employees | Not available |
Crisp Pitch on Shark Tank
| Product | A raw salad bar business |
| Episode | Season 01 Episode 02 |
| Founders | Shey Newitt & Ted Tolfree |
| Asked for | $700,000 for 10% equity |
| Company name | Crisp |
| Final deal | None |
| Shark | None |
| Location | Australia |
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Crisp Founders
Crisp was founded by Shey Newitt & Ted Tolfree in 2016. Crisp’s founders, Shey Newitt & Ted Tolfrees’ net worth is unknown as of 2024.
Key accomplishments
| Year | Accomplishment |
| 2015 | Appeared on Shark Tank season 01. |
Conclusion
Some companies that appear on the show have not achieved great success, and Crisp 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, Crisp went out of business in 2022. And the product is no longer available in the market.