Element Bars, Custom energy bars, was started by Jonathan Miller in 2008. As of October 2023, Element Bar’s net worth is $1 Million and they’re pulling in a whopping $5.2 Million in annual revenue.
On September 13, 2009, they appeared on Season 1 of Shark Tank USA and made a deal with Kevin Harrington, for $150,000 for 30% equity + 4% royalty in perpetuity. The final valuation was $500,000, down from the founder’s initial estimate of $1 Million.
Element Bars is still in business. Their products are available on the official website.
Element Bars Net Worth
| Net worth | $1 Million (Business Valuation) |
| Annual Sales Revenue | $5.2 Million (2022) |
| Profits | – |
| Lifetime sales | – |
| Investor | Kevin Harrington |
| Founder | Jonathan Miller |
| Employees | 7 to 20 |
Element Bars Net Worth Timeline
| Net Worth 2023 | $1 Million |
| Net Worth 2022 | $900,000 |
| Net Worth 2021 | $750,000 |
| Net Worth 2020 | $600,000 |
| Net worth valuation in 2009 after appearing on Shark Tank | $500,000 |
| Net worth valuation in 2009 before appearing on Shark Tank | $1 Million |
Element Bars Pitch on Shark Tank
| Company name | Element Bars |
| Product | Custom energy bars |
| Episode | Season 01 Episode 06 |
| Founder | Jonathan Miller |
| Asked for | $150,000 for 15% equity |
| Final deal | $150,000 for 30% equity + 4% royalty in perpetuity |
| Shark | Kevin Harrington |
| Location | 1140 S Washtenaw Ave., Chicago, IL 60608, USA |
Don’t miss these products from Season 1
Element Bars Founder
Element Bars was founded by Jonathan Miller in 2008. He is a graduate of Stanford University. He likes health and nutrition and that led him to start this business. Element Bars’s founder, Jonathan Miller, has a net worth of USD 1 Million as of 2023.
Key accomplishments
| Year | Accomplishment |
| 2023 | Element Bars have achieved their goal of producing 1,000,000 bars per month |
| 2009 | Element Bars appeared on Shark Tank |
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 Element Bars and its continued success.
