Meat The Mushroom Net Worth 2024 Update (Before & After Shark Tank)
Meat The Mushroom’s net worth is $500,000 as of February 2024. In 2021, the company made $38,000 in annual sales. Their sales increased to $86,000 in 2022. By the time of filming the episode in 2023, they had $238,000 in sales. Meat The Mushroom, a plant-based bacon alternative product, was founded by Marvin and Aleah Montague in 2021.
In January 2024, they appeared on season 15 of Shark Tank USA and made a deal with Kevin O’Leary and Lori Greiner for $150,000 for 33.3% equity. The final valuation was $450,450, down from the founder’s initial estimate of $2 million.
The show helped Marvin and Aleah expand their business and expect a boost in company sales. Currently, their products are available in several supermarkets and health food stores. You can also make purchases through the company website.
Meat The Mushroom Net Worth
Net worth | $500,000 (2024) |
Annual Sales Revenue | $238,000 (2023) |
Profits | Not available |
Lifetime sales | $360,000 (2024) |
Investors | Kevin O’Leary and Lori Greiner |
Investment | $150,000 for 33.3% equity |
Founders | Marvin and Aleah Montague |
Employees | <10 |
Meat The Mushroom Net Worth Timeline
Net Worth 2024 | $500,000 |
Net worth valuation in 2024 after appearing on Shark Tank | $450,450 |
Net worth valuation in 2024 before appearing on Shark Tank | $2 million |
Meat The Mushroom Pitch on Shark Tank
Product | A plant-based bacon alternative product |
Episode | Season 15 Episode 12 |
Founders | Marvin and Aleah Montague |
Asked for | $150,000 for 7.5% equity |
Company name | Meat The Mushroom |
Final deal | $150,000 for 33.3% equity |
Sharks | Kevin O’Leary and Lori Greiner |
Location | Baltimore, Maryland |
Don’t miss these products from Season 15
Meat The Mushroom Founders
Marvin and Aleah Montague founded Meat The Mushroom in 2021. Marvin and his wife Aleah are passionate about the vegan lifestyle. Combining their entrepreneurial skills with their passion, they started a successful business. Marvin currently is the CEO of the company, and Aleah the CFO. Meat The Mushroom’s founders, Marvin and Aleah Montague’s net worths are unknown as of 2024.
Key accomplishments
Year | Accomplishment |
2024 | The product was nominated for Veg News’ 2024 Veggie Awards. The company was featured on Shark Tank and secured a deal. |
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 Meat The Mushroom and its continued success.