Daisy Cakes Net Worth 2023 Update (Before & After Shark Tank)

"Daisy Cakes" Net Worth 2023 Update 

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
InvestorBarbara Corcoran
FounderKim 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 nameDaisy Cakes
ProductAuthentic, hand-sifted, homemade cakes
EpisodeSeason 02 Episode 06
FounderKim 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
LocationPauline, South Carolina 

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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

YearAccomplishment
2011Daisy 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.