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 | – |
| Investors | Mark Cuban and Barbara Corcoran |
| Founders | Chelsea Briganti and Leigh Ann Tucker |
| Employees | 27 |
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 name | Loliware cups |
| Product | Edible, biodegradable alternative to plastic cups |
| Episode | Season 07 Episode 02 |
| Founders | Chelsea Briganti and Leigh Ann Tucker |
| Asked for | $150,000 for 15% equity |
| Final deal | $600,000 for 25% equity |
| Sharks | Mark Cuban and Barbara Corcoran |
| Location | Beacon, 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
| Year | Accomplishment |
| 2022 | Loliware Cups has stopped producing edible cups and went into making more sustainable serveware solution |
| 2015 | Loliware 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.
