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) |
| Profits | Not publicly available |
| Lifetime sales | Not publicly available |
| Investor | Naomi Simson |
| Founders | Crag Carrick & Rachel Dutton |
| Employees | Not 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
| Product | A chicken nugget and donut combination |
| Episode | Season 04 Episode 04 |
| Founders | Crag Carrick & Rachel Dutton |
| Asked for | $100,000 for 20% equity |
| Company name | Donugs |
| Final deal | $100,000 for 25% equity |
| Shark | Naomi Simson |
| Location | Australia |
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
| Year | Accomplishment |
| 2018 | Appeared 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.
