Daisy Cakes Net Worth 2023 Update (Before & After Shark Tank)
Daisy Cakes is an Authentic, hand-sifted, homemade cake business. Kim Nelson started this business in 2009. As of October 2023, Daisy Cakes’ net worth is $3 million. They’re pulling in a whopping $4 million in annual revenue.
In April 2011, they appeared on Season 2 of Shark Tank USA and made a deal with Barbara Corcoran for $50,000 for $1 royalty per cake until $50,000 is repaid. The final valuation was $150,000, down from the founder’s initial estimate of $200,000.
Daisy Cakes gained popularity after the Shark Tank appearance, and the business is still going out loud. Daisy Cake offers you a range of delicious homemade cakes. You can purchase Daisy Cakes via the company website.
Daisy Cakes Net Worth
| Net worth | $3 million (2023) |
| Annual Sales Revenue | $4 million (2023) |
| Profits | – |
| Lifetime sales | – |
| Investor | Barbara Corcoran |
| Founder | Kim Nelson |
| Employees | <20 |
Daisy Cakes Net Worth Timeline
| Net Worth 2023 | $3 million |
| Net Worth 2022 | $3 million |
| Net Worth 2021 | – |
| Net Worth 2020 | – |
| Net worth valuation in 2011 after appearing on Shark Tank | $50,000 |
| Net worth valuation in 2011 before appearing on Shark Tank | $200,000 |
Daisy Cakes Pitch on Shark Tank
| Company name | Daisy Cakes |
| Product | Authentic, hand-sifted, homemade cakes |
| Episode | Season 02 Episode 06 |
| Founder | Kim Nelson |
| Asked for | $50,000 for 25% equity |
| Final deal | $50,000 for $1 royalty per cake until $50,000 is repaid |
| Shark | Barbara Corcoran |
| Location | Pauline, South Carolina |
Don’t miss these products from Season 2
Daisy Cakes Founder
Kim Nelson founded Daisy Cakes in 2009. Kim comes from a family with a genuine fondness for authentic cake-making. Her grandmother and mother were bakers, and with her entrepreneurial skills, Kim turned her passion into business. Before starting the cake business, Kim was in the sales field. Daisy Cakes’s Kim Nelson has a net worth of 2.1 Million USD as of 2023.
Key accomplishments
| Year | Accomplishment |
| 2011 | Daisy Cakes got featured on Shark Tank Season 2 and secured a deal |
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 Daisy Cakes and its continued success.
