Mango Mango, Bike pedal-powered superfood store serving acai bowls, smoothies, and more, was started by Ryan Carpenter in 2013. As of October 2023, Mango Mango net worth is $3 million and they’re pulling in a whopping $2.8 million in annual revenue.
In 2019 they appeared on season 5 of Shark Tank USA seeking $50,000 for 15% of equity valuing the company at $333,333. But the Sharks didn’t invest in Mango Mango. The sharks felt that it would be difficult to scale the Mango Mango business model. The product is a niche product with a limited market appeal. The sharks also felt that the company’s marketing strategy was too focused on social media and not enough on traditional retail channels.
Mango Mango Net Worth
|Net worth||$3 million (2023)|
|Annual Sales Revenue||$2.8 million (2023)|
Mango Mango Net Worth Timeline
|Net Worth 2023||$3 million|
|Net Worth 2022||$3 million|
|Net worth valuation 2013 after appearing on Shark Tank||–|
|Net worth valuation 2013 before appearing on Shark Tank||$333,333|
Mango Mango Pitch on Shark Tank
|Company name||Mango Mango|
|Product||Bike pedal-powered superfood store serving acai bowls, smoothies, and more|
|Episode||Season 05 Episode 02|
|Asked for||$50,000 for 15% Equity|
|Location||National City, California|
Don’t miss these product from Season 05
Mango Mango Founder
Ryan Carpenter started Mango Mango in 2012. Mango Mango’s founder, Ryan Carpenter, has a net worth of $3 million as of 2023.
|2019||Appeared on Shark Tank season 05|
|2021||Reached $1 million in sales.|
|2022||Launched a new line of mango-based drinks.|
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 Mango Mango and its continued success.