"Lollacup" Net Worth 2023 Update

Lollacup,  a stylish and functional sippy cup with a weighted straw, was started by Mark and Hannah Lim in 2010. As of October 2023, Lollacup net worth is $2 million. And they’re pulling in a whopping $2 million in annual revenue. 

In April 2012, they appeared on season 3 of Shark Tank USA and made a deal with Robert Herjavec and Mark Cuban, for $100,000 for 40%  of equity. The final valuation was $250,000, down from the founder’s initial estimate of $666,666.

Lollacup is still in business as of October, 2023. Their website is still active, and they continue to produce and sell their valve-free sippy cups on the website and Amazon.

Lollacup Net Worth

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

Lollacup Net Worth Timeline

Net Worth 2023$2 million
Net Worth 2022$2 million
Net worth valuation 2012 after appearing on Shark Tank  $250,000
Net worth valuation 2012 before appearing on Shark Tank  $666,666

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 product 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 $1 million as of 2023.

Key accomplishments

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


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.

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