"Lollacup" Net Worth 2023 Update

Lollacup, now rebranded as Lollaland, a children’s sippy cup brand founded by Mark and Hanna Lim, appeared on Shark Tank in 2012, securing a $100,000 deal from Mark Cuban and Robert Herjavec. The business has since rebranded to Lollaland and expanded its product line.

Lollaland has enjoyed steady growth and is valued at approximately $2 million as of 2024. Though it hasn’t undergone any acquisitions, the company continues to thrive with direct investments from its Shark Tank investors.

Lollaland remains in operation, focusing on safe, BPA-free products for kids, and has built a strong presence in retail and online markets.

Lollacup Net Worth

Net worth$2 million (2023)
Annual Sales Revenue$2 million (2023)
Lifetime salesNot publicly available 
InvestorRobert Herjavec and Mark Cuban
FounderMark and Hannah Lim
EmployeesNot publicly available 

Lollacup Pitch on Shark Tank

ProductStylish and functional sippy cup with a weighted straw
EpisodeSeason 03 Episode 12
Founders Mark and Hannah Lim
Asked for$100,000 for 15% Equity
Company nameLollacup
Final deal$100,000 for 40% Equity
SharksRobert Herjavec and Mark Cuban
LocationMonrovia, California

Don’t miss these products from Season 03

Lollacup Founders

Lollacup was founded by Mark and Hannah Lim in 2010. Mark Lim is a serial entrepreneur with over 20 years of experience in the consumer goods industry. Hanna Lim is a marketing and branding expert with over 15 years of experience. Lollacup’s founders, Mark and Hannah Lim, have a net worth of $2 million as of 2024.

Key accomplishments

YearAccomplishment
2012Appeared on Shark Tank season 03 and Robert Herjavec and Mark Cuban invested $100,000 for 40% Equity.
2014Expanded product offerings to include new colors and designs of the Lollacup sippy cup.
2015Launched the Lollacup straw bottle.

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 Lollacup and its continued success.

ABOUT KESARA BANDARAGODA
Kesara Bandaragoda is a Sri Lankan-born media entrepreneur currently based in Dubai, with a lifelong passion for storytelling, innovation, and all things screen-worthy. Whether it's a mind-bending sci-fi epic or the latest startup pitch on Shark Tank, Kesara is all in. In fact, he was one of the earliest content creators to cover Shark Tank Australia online and has been tracking its businesses, products, and founders since 2019 — long before it was cool.

Kesara is the visionary CEO behind BrandFactory, a digital media company powering multiple content platforms that reach millions. When he’s not leading a team of creatives, he’s often geeking out over Marvel and DC universes, decoding Spielberg's directorial magic, or revisiting classics like The Shawshank Redemption, Interstellar, and Pirates of the Caribbean (yes, he's a Johnny Depp loyalist).

INDUSTRY FOCUS
Kesara’s writing and content leadership often focus on the intersection of entrepreneurship, entertainment, and emerging digital cultures. He’s particularly passionate about telling stories that celebrate founders, dissect business blueprints from media narratives, and spark curiosity in audiences across the globe.

FAVORITE MEDIA
A sci-fi enthusiast with a taste for high-stakes storytelling, Kesara’s favorite titles range from cerebral time-space odysseys to charismatic pirate adventures. He thrives in content that mixes real-world business insight with the spectacle of entertainment — think Shark Tank meets Black Mirror, with a touch of Marvel heroics.

Similar Posts