In 2014, entrepreneurs David Krippendorf and Ryan Tseng introduced Kitchen Safe—a time-lock container designed to curb temptations—on Shark Tank. They secured a $100,000 investment from Lori Greiner and Nick Woodman for 20% equity.
Following the show, the company rebranded as kSafe to reflect its broader applications beyond the kitchen.By 2023, kSafe’s net worth reached $5 million, with annual revenues matching this figure.
The product is available in various sizes and colors, catering to diverse customer needs. As of 2025, kSafe continues to operate successfully with a net worth of $5 million.
Kitchen Safe Net Worth
| Net worth | $5 million (2025) |
| Annual Sales Revenue | $5 million (2025) |
| Lifetime sales | Not available |
| Investors | Lori Greiner and Nick Woodman |
| Founders | David Krippendorf and Ryan Tseng |
| Employees | Not available |
Kitchen Safe Pitch on Shark Tank
| Company name | Kitchen Safe |
| Product | Time-locked containers |
| Episode | Season 06 Episode 10 |
| Founders | David Krippendorf and Ryan Tseng |
| Asked for | $100,000 for 5% equity |
| Final deal | $100,000 for 20% equity |
| Sharks | Lori Greiner and Nick Woodman |
| Location | San Francisco, California |
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Kitchen Safe Founders
David Krippendorf and Ryan Tseng founded Kitchen Safe in 2012. David has years of professional experience working in finance industry. Ryan is an electrical engineer in the military. These two met each others and became business partners after joining into military forces. Kitchen Safe’s founders David Krippendorf and Ryan Tseng have a net worth of 4 million USD as of 2025.
Key accomplishments
| Year | Accomplishment |
| 2014 | Kitchen Safe got featured on Shark Tank season 6 and won a deal. |
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 Kitchen Safe and its continued success.