Moink, the ethical meat subscription service, continues to thrive since its appearance on Shark Tank. As of 2024, Moink thrives in the market with revenues soaring to $10 million with $7.4 million net worth.
This growth is attributed to their commitment to ethically sourced, high-quality meats from small family farms, which resonate with consumers focused on sustainability and animal welfare.
The company faced challenges scaling operations to meet demand while maintaining their ethical standards but successfully navigated these issues. Partnering with Jamie Siminoff has been instrumental in their expansion and market penetration.
Moink Net Net Worth
Estimated Net worth | $7.4 million |
Annual Sales Revenue | $10 million (2023) |
Lifetime sales | Not available |
Investor | Jamie Siminoff |
Founder | Lucinda Cramsey |
Employees | Not available |
Moink Net Pitch on Shark Tank
Company name | Moink Net |
Product | Meat Company |
Episode | Season 10 Episode 15 |
Founder | Lucinda Cramsey |
Asked for | $250,000 for 10% equity |
Final deal | $400,000 for 20% equity |
Shark | Jamie Siminoff |
Location | United States |
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Moink Net Founder
Moink Net was founded by Lucinda Cramsey in 2017. Cramsey grew up on a farm in Missouri and was passionate about providing consumers with high-quality, ethically sourced meat. She started Moink Net after having difficulty finding this type of meat in her local grocery stores. Moink Net ‘s founder, Lucinda Cramsey, has an approximate net worth of $5 million as of 2024.
Key accomplishments
Year | Accomplishment |
2019 | Appeared on Shark Tank season 10 and Jamie Siminoff invested $400,000 for 20% equity. |
2019 | Awarded the “Best Meat Delivery Subscription Service” award by Esquire magazine. |
2023 | Developing new meat products and delivery services. |
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 Moink Net and its continued success.