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FroPro Net Worth 2024 Update (Before & After Shark Tank)

FroPro, a sugar-free high-protein ice cream brand, was started by Ed O’Donoghue on June 1, 2012. As of January 2024, FroPro net worth is $4 million and their annual revenue is below $5 million. 

In July 2018, they appeared on season 4 of Shark Tank Australia and made a deal with Glen Richards, $250,000 for 20% of equity. The final valuation was $1.25 million, down from the founder’s initial estimate of $2.5 million.

As of 2024 January, the company is still in business. You can purchase products through e-commerce channels such as their website and Amazon.

FroPro Net Worth

Net worth$4 million
Annual Sales RevenueBelow $5 million
Profits
Lifetime sales
InvestorGlen Richards
FounderEd O’Donoghue
Employees11-20 employees

FroPro Net Worth Timeline

Net Worth 2024$4 million
Net Worth 2023$3.5 million 
Net Worth 2022$3.2 million
Net Worth 2021$3 million
Net worth valuation 2018 after appearing on Shark Tank  $1.2 million
Net worth valuation 2018 before appearing on Shark Tank  $2.5 million

FroPro Pitch on Shark Tank

Company nameFroPro
ProductA 96% sugar-free high-protein ice cream
EpisodeSeason 04 Episode 11
Founder Ed O’Donoghue
Asked for$250,000 for 10% Stake
Final deal$250,000 for 20% Stake
Shark Glen Richards
LocationAustralia

Don’t miss these product from Season 04

FroPro Founder

FroPro was founded by Ed O’Donoghue in 2012. Ten years ago, after leaving professional rugby, he launched his brand. With support from Glen Richards on Shark Tank, he aspires to make Fro Pro a beloved ice cream name in Australia. It’s already available at most Woolworths stores. FroPro’s founder, Ed O’Donoghue, has a net worth of 3.2 million USD as of 2024.

Key accomplishments

YearAccomplishment
2018The company appeared on Shark Tank Australia Season 04 and got the deal from Glen Richards. 

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 FroPro and its continued success.

What do you think?

Written by GAG Team

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