Hungry Harvest is a farm-to-door imperfect produce delivery service to reduce food waste. Evan Lutz started this business in 2014. As of November 2023, Hungry Harvest’s net worth is $5 million. They’re pulling in a whopping $4 million in annual revenue.
In January 2016, they appeared on Season 07 of Shark Tank USA and made a deal with Robert Herjavec for $100,000 for 10% of equity. The final valuation was $1 million, the same as the founder’s initial estimate.
Evan’s pitch of his unique business idea could impress the sharks; thus, Hungry Harvest secured a deal. Since the show, Hungry Harvest had a significant growth in sales. The company expanded its market over time. Currently, Hungry Harvest offers grocery and harvest delivery across several states. They include Maryland, Washington, DC, Virginia, Greater Philadelphia, Southern New Jersey, Northern Delaware, and North Carolina. You can place orders via the company website.
Hungry Harvest Net Worth
|Net worth||$5 million (2023)|
|Annual Sales Revenue||$4 million (2022)|
Hungry Harvest Net Worth Timeline
|Net Worth 2023||$5 million|
|Net Worth 2022||$5 million|
|Net worth valuation in 2016 after appearing on Shark Tank||$1 million|
|Net worth valuation in 2016 before appearing on Shark Tank||$1 million|
Hungry Harvest Pitch on Shark Tank
|Company name||Hungry Harvest|
|Product||A farm-to-door imperfect produce delivery service to reduce food waste|
|Episode||Season 07 Episode 13|
|Asked for||$50,000 for 5% equity|
|Final deal||$100,000 for 10% equity|
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Hungry Harvest Founder
Evan Lutz founded Hungry Harvest in 2014. Evan graduated from the University of Maryland with a major in business management. Utilizing his academic skills and passion to start his own meaningful business, Evan identified how billions of pounds of fresh produce are wasted annually in the United States. Thus, he invented Hungry Harvest and embarked on a journey to minimize food wastage. Hungry Harvest’s founder, Evan Lutz’s net worth is unknown as of 2023.
|2016||Hungry Harvest was featured on Shark Tank and secured a deal|
|2017||Hungry Harvest’s CEO Evan Lutz recognized in Forbes 30 under 30 in the social entrepreneurship category |
Hungry Harvest won the Montgomery County Emerging Business of the Year Award
|2020||Hungry Harvest received a $7.5 million investment|
|2023||Hungry Harvest currently has six investors and one lead investor|
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 Hungry Harvest and its continued success.