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Loliware Cups Net Worth 2023 Update (Before & After Shark Tank)

Shark-Tank-US-Net-worth-UpdateLoliware-cups

Loliware cups, an Edible, biodegradable alternative to plastic cups, were started by Chelsea Briganti and Leigh Ann Tucker in 2014. As of October 2023, Loliware Cup’s net worth is $8 Million and they’re pulling in a whopping $1 Million in annual revenue.

On October 2, 2015, they appeared on Season 7 of Shark Tank USA and made a deal with Mark Cuban and Barbara Corcoran, for $600,000 for 25% equity. The final valuation was $2.4 Million, up from the founder’s initial estimate of $1 Million.

Loliware Cups is still in business. Their products are available on the official website.

Loliware Cups Net Worth

Net worth$8 Million (2023)
Annual Sales Revenue$1 Million (2022)
Profits
Lifetime sales
InvestorsMark Cuban and Barbara Corcoran
FoundersChelsea Briganti and Leigh Ann Tucker
Employees27

Loliware Cups Net Worth Timeline

Net Worth 2023$8 Million
Net Worth 2022$7 Million
Net Worth 2021$6 Million
Net Worth 2020$5 Million
Net worth valuation in 2015 after appearing on Shark Tank  $2.4 Million
Net worth valuation in 2015 before appearing on Shark Tank  $1 Million

Loliware cups Pitch on Shark Tank

Company nameLoliware cups
ProductEdible, biodegradable alternative to plastic cups
EpisodeSeason 07 Episode 02
Founders Chelsea Briganti and Leigh Ann Tucker
Asked for$150,000 for 15% equity
Final deal$600,000 for 25% equity
SharksMark Cuban and Barbara Corcoran
LocationBeacon, New York

Don’t miss these products from Season 7

Loliware cups Founders

Loliware Cups was founded by Chelsea Briganti and Leigh Ann Tucker in 2014. The founders are into making a greener world. They want to make this world a better place for the next generation. Loliware Cup’s founders, Chelsea Briganti and Leigh Ann Tucker have a net worth of USD 8 Million as of 2023.

Key accomplishments

YearAccomplishment
2022Loliware Cups has stopped producing edible cups and went into making more sustainable serveware solution
2015Loliware appeared on Shark Tank

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 of Loliware cups and its continued success.

What do you think?

Written by GAG Team

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