iLoveEarth reusable coffee cup’s net worth is not available as of February 2024. The company’s net worth was $367,000 at the time of their pitch in 2018 based on the $110,000 offer for 30% of the equity of the company. By the time of their pitch in 2018, the company had done $32,000 in sales.
In May 2018, they appeared on Season 4 of Shark Tank Australia. Sharks had concerns regarding the design and authenticity of the product; thus, they decided not to invest in this business. Despite not winning a deal, the company still continues to be in business. Moreover, the owners could expand product lines over the years, introducing their new version of reusable cups known as C.R.U.M.P.L.E. The official website is not active at the moment. However, the products are available in over 60 cafes and retailers in Melbourne and Baron Bay.
Read what happened to iLoveEarth worth and net worth update in brief here.
iLoveEarth reusable coffee cup Net Worth
| Net worth | Not disclosed |
| Annual Sales Revenue | Not disclosed |
| Profits | $15,000 |
| Lifetime sales | $32,000 (2018) |
| Investors | None |
| Founders | Irina Zikner & Lilly Stesin |
| Employees | <20 |
As of February 2024, there is no accurate information available on the company’s net worth.
iLoveEarth reusable coffee cup sales and revenue
The current annual revenue of the company is not disclosed. By the time of the pitch, they made $32,000 in lifetime sales. Although there are no precise financial figures available, the company has built collaborations with others, for instance, QANTAS Airlines which allowed to boost the company sales and enhance their market expansion.
Net worth timeline
| Net Worth 2024 | Not disclosed |
| Net worth valuation in 2018 before appearing on Shark Tank | $367,000 (business valuation) |
Competitors of the iLoveEarth reusable coffee cup?
Eco-friendly reusable coffee cups have gained much popularity in the market. iLoveEarth reusable coffee cup has competitors, including Sense2, Brand Republic, and Fire Maple, within the Australian market.
Don’t miss these products from Season 4
iLoveEarth reusable coffee cup Shark Tank Update
| Company name | iLoveEarth reusable coffee cup |
| Product | Reusable eco-friendly silicone coffee cup |
| Episode | Season 04 Episode 10 |
| Founders | Irina Zikner & Lilly Stesin |
| Asked for | $110,000 offer for 30% equity |
| Final deal | No deal |
| Shark | No shark |
| Location | Melbourne, Australia |
Even though Irina and Lilly did not find luck securing a deal, following the pitch, they had growth in business. The company built collaborations and expanded their products thanks to the show. Owners have mentioned that they had a great experience pitching their product in Shark Tank, and their products continue to gain positive feedback from customers.
About iLoveEarth reusable coffee cup
Irina and Lilly identified the pollution caused by regular coffee cup usage in Australia. Thus, they embarked on a journey to create an eco-friendly coffee cup that can be reused and recycled. The cup is mainly designed using medical grade silicone, it is sustainable and100% leakproof. Therefore, you can easily carry this cup wherever you go without facing any trouble.
iLoveEarth reusable coffee cup Founder
Irina Zikner & Lilly Stesin founded iLoveEarth reusable coffee cup in 2017. Irina and her daughter Lilly are passionate entrepreneurs. Irina is a graduate of RMIT University with a Bachelor’s in accounting and finance. Lilly has an educational background in biomedical science and organic chemistry. Merging their business and scientific knowledge and desire to start an eco-friendly movement, they invented this reusable coffee cup.
FAQs
The company had $32,000 in overall sales.
The company profited $15,000 by the time of the pitch.
Yes, iLoveEarth reusable coffee cup is still in business.
The company did not get any investment from sharks.
As of February 2024, net worth of the company has not been disclosed.
