"Milkify" Net Worth 2023 Update

Milkify, a breast milk freeze-drying service, was started by Berkley Luck and Pedro Silva in 2019. As of January 2024, Milkify net worth is $2 million and they’re pulling in a whopping $3 million in annual revenue. 

In April 2023, they appeared on season 14 of Shark Tank USA and made a deal with Lori Greiner and Gwyneth Paltrow, for $400,000 for 20% of equity. The final valuation was $2 million, down from the founder’s initial estimate of $4 million.

Milkify is still in business. Their website is regularly updated with information about their services, pricing, and customer testimonials. They recently opened a drop-off station in Irvine, California, offering convenience and cost savings to West Coast clients. This wouldn’t happen if they were shutting down.

Milkify Net Worth

Net worth$2 million (2023)
Annual Sales Revenue$3 million (2023)
ProfitsNot publicly available
Lifetime salesNot publicly available
InvestorLori Greiner and Gwyneth Paltrow
FounderBerkley Luck and Pedro Silva
EmployeesNot publicly available

Milkify Net Worth Timeline

Net Worth 2024$2 million
Net Worth 2022$2 million
Net worth valuation 2023 after appearing on Shark Tank  $2 million
Net worth valuation 2023 before appearing on Shark Tank  $4 million

Milkify Pitch on Shark Tank

ProductBreast milk freeze-drying service
EpisodeSeason 14 Episode 19
Founders Berkley Luck and Pedro Silva
Asked for$400,000 For 10% Equity
Company nameMilkify
Final deal$400,000 For 20% Equity
SharksLori Greiner and Gwyneth Paltrow
LocationHouston, Texas

Don’t miss these product from Season 14

Milkify Founders

Berkley Luck and Pedro Silva found Milkify in 2019. She holds a Ph.D. in Molecular and Biomedical Sciences from Baylor College of Medicine. Her scientific background played a crucial role in developing the safe and effective freeze-drying process for breast milk. Milkify’s founders, Berkley Luck and Pedro Silva, have a net worth of $1.8 million as of 2024.

Key accomplishments

YearAccomplishment
2023Appeared on Shark Tank season 14 and Lori Greiner and Gwyneth Paltrow invested $400,000 For 20% Equity
2023Opening a new drop-off station in Irvine, California.

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 Milkify and its continued success.

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