Donugs, a chicken nugget and donut combination, was started by Crag Carrick & Rachel Dutton in 2015. As of January 2024, Donugs net worth is $4 million. And they’re pulling in a whopping $7.5 million in annual revenue. 

In June 2018, they appeared on season 4 of Shark Tank Australia. And made a deal with Naomi Simson, for $100,000 for 25% of equity. The final valuation was $400,000, down from the founder’s initial estimate of $500,000.

Donugs is still in business as of 2024. Their product is simply a A CHICKEN nugget crossed with a doughnut. If you want to taste their unique products, now you can purchase them online through their official website.

Donugs Net Worth

Net worth$4 million (2023)
Annual Sales Revenue$7.5 million (2023)
ProfitsNot publicly available
Lifetime salesNot publicly available
InvestorNaomi Simson
FoundersCrag Carrick & Rachel Dutton
EmployeesNot publicly available

Donugs Net Worth Timeline

Net Worth 2024$4 million
Net Worth 2023$4 million
Net worth valuation 2018 after appearing on Shark Tank  $500,000
Net worth valuation 2018 before appearing on Shark Tank  $400,000

Donugs Pitch on Shark Tank

ProductA chicken nugget and donut combination
EpisodeSeason 04 Episode 04
Founders Crag Carrick & Rachel Dutton
Asked for$100,000 for 20% equity
Company nameDonugs
Final deal$100,000 for 25% equity
Shark Naomi Simson
LocationAustralia

Don’t miss these product from Season 04

Donugs Founders

Crag Carrick & Rachel Dutton found Donugs in 2015. Donugs’s founders, Crag Carrick & Rachel Dutton, have a net worth of $4 million as of 2024.

Key accomplishments

YearAccomplishment
2018Appeared on Shark Tank season 04 and Naomi Simson invested $100,000 for 25% equity

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 Donugs and its continued success.

ABOUT KESARA BANDARAGODA
Kesara Bandaragoda is a Sri Lankan-born media entrepreneur currently based in Dubai, with a lifelong passion for storytelling, innovation, and all things screen-worthy. Whether it's a mind-bending sci-fi epic or the latest startup pitch on Shark Tank, Kesara is all in. In fact, he was one of the earliest content creators to cover Shark Tank Australia online and has been tracking its businesses, products, and founders since 2019 — long before it was cool.

Kesara is the visionary CEO behind BrandFactory, a digital media company powering multiple content platforms that reach millions. When he’s not leading a team of creatives, he’s often geeking out over Marvel and DC universes, decoding Spielberg's directorial magic, or revisiting classics like The Shawshank Redemption, Interstellar, and Pirates of the Caribbean (yes, he's a Johnny Depp loyalist).

INDUSTRY FOCUS
Kesara’s writing and content leadership often focus on the intersection of entrepreneurship, entertainment, and emerging digital cultures. He’s particularly passionate about telling stories that celebrate founders, dissect business blueprints from media narratives, and spark curiosity in audiences across the globe.

FAVORITE MEDIA
A sci-fi enthusiast with a taste for high-stakes storytelling, Kesara’s favorite titles range from cerebral time-space odysseys to charismatic pirate adventures. He thrives in content that mixes real-world business insight with the spectacle of entertainment — think Shark Tank meets Black Mirror, with a touch of Marvel heroics.

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