Milkify Net Worth 2024 Update (Before & After Shark Tank)
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) |
Profits | Not publicly available |
Lifetime sales | Not publicly available |
Investor | Lori Greiner and Gwyneth Paltrow |
Founder | Berkley Luck and Pedro Silva |
Employees | Not 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
Product | Breast milk freeze-drying service |
Episode | Season 14 Episode 19 |
Founders | Berkley Luck and Pedro Silva |
Asked for | $400,000 For 10% Equity |
Company name | Milkify |
Final deal | $400,000 For 20% Equity |
Sharks | Lori Greiner and Gwyneth Paltrow |
Location | Houston, 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
Year | Accomplishment |
2023 | Appeared on Shark Tank season 14 and Lori Greiner and Gwyneth Paltrow invested $400,000 For 20% Equity |
2023 | Opening 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.