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 Revenue | Below $5 million |
Profits | – |
Lifetime sales | – |
Investor | Glen Richards |
Founder | Ed O’Donoghue |
Employees | 11-20 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 name | FroPro |
Product | A 96% sugar-free high-protein ice cream |
Episode | Season 04 Episode 11 |
Founder | Ed O’Donoghue |
Asked for | $250,000 for 10% Stake |
Final deal | $250,000 for 20% Stake |
Shark | Glen Richards |
Location | Australia |
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
Year | Accomplishment |
2018 | The 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.