Incredible Eats Net Worth 2023 Update (Before & After Shark Tank)

Incredible Eats, Edible straws and utensils, was started by Dinesh Tadepalli in 2018. As of August 2023, Incredible Eats net worth is $2 million and they’re pulling in a whopping $410K in annual revenue. 

In October 2021, they appeared on 13th of Shark Tank USA and made a deal with  Lori Greiner, $500,000 for 15% equity. The final valuation was $3.3 million, down from the founder’s initial estimate of $7.1 Million.

Incredible Eats is still in business, and with annual sales of $410K a year, You can purchase Incredible Eats products online through their e-commerce channels such as their website and Amazon. 

Incredible Eats Net Worth

Net worth$2 million
Annual Sales Revenue$410K
Profits$16K
Lifetime Sales$1.9 million
Shark Tank InvestorLori Greiner
FounderDinesh Tadepalli
Employees25 employees

Incredible Eats Net Worth Timeline

Net Worth 2023$2 million
Net Worth 2022$3 million
Net Worth 2021$7 million
Net Worth 2020$1 million
Net worth valuation 2021 after appearing on Shark Tank  $3.3 million
Net worth valuation 2021 before appearing on Shark Tank  $7.1 million

Incredible Eats Pitch on Shark Tank

Company nameIncredible Eats
ProductEdible cutlery that use instead of plastic cutlery
EpisodeSeason 13 Episode 03
FounderDinesh Tadepalli
Asked for$500,000 for 7% equity
Final deal$500,000 for 15% equity
SharkLori Greiner
LocationMilpitas, California, United States

Incredible Eats Founder

Incredible Eats was founded by Dinesh Tadepalli in 2018. Dinesh Tadepalli, an entrepreneur from Morrisville, has a goal to reduce plastic usage. He runs a startup called Incredible Eats, which produces spoons you can eat instead of tossing them in the trash. Incredible Eats’s founder, Dinesh Tadepalli, has a net worth of 3 million USD as of 2023.

Key accomplishments

YearAccomplishment
2020In 2020, the COVID-19 pandemic caused his food service business to close. During that period, he used his time to create a website for selling directly to customers. He’s really proud of the fact that his product has replaced 1.2 million regular spoons, and he’s very enthusiastic about what he’s doing
2021Incredible Eats appeared Shark Tank Season 10 and got the deal from Lori Greiner
2023In 2023, the company revealed that they are working on creating chopsticks, coffee stirrers, cups, and bowls that you can eat

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 Incredible Eats and its continued success.