Nomiku Net Worth 2024 Update (Before & After Shark Tank)
Nomiku is a home sous vide cooker. This was started by Lisa Fetterman and Abe Fetterman in 2012. Nomiku net worth was $2.5 million in 2017, based on the Shark Tank deal.
In 2017, they appeared on Season 08 of Shark Tank USA and made a deal with Chris Sacca $250,000 for 10% of equity.
Lisa and Abe managed to secure a deal for their business. The show gave Nomiku more visibility; however, the company survived only a couple of years after the show. Nomiku ceased operations around 2019, and the product is no longer available in the market.
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Nomiku Net Worth
Net worth | $2.5 million (2017) |
Annual Sales Revenue | $3 million (2016) |
Profits | – |
Lifetime sales | – |
Investor | Chris Sacca |
Founder | Lisa Fetterman and Abe Fetterman |
Employees | – |
Nomiku Net Worth Timeline
Net Worth 2022 | Out of business |
Net worth valuation in 2017 after appearing on Shark Tank | $2.5 million |
Net worth valuation in 2017 before appearing on Shark Tank | $5 million |
Nomiku Pitch on Shark Tank
Company name | Nomiku |
Product | A home sous vide cooker |
Episode | Season 08 Episode 10 |
Founders | Lisa Fetterman and Abe Fetterman |
Asked for | $250,000 for 5% equity |
Final deal | $250,00 for 10% equity |
Shark | Chris Sacca |
Location | San Francisco, California |
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Nomiku Founders
Nomiku was founded by Lisa Fetterman and Abe Fetterman in 2012. The Fettermans started their entrepreneurial journey in 2010. The first company was Lower East Kitchen, which later progressed into Nomiku. Nomiku’s founders Lisa Fetterman and Abe Fetterman’s net worth is unknown as of 2024.
Key accomplishments
Year | Accomplishment |
2012 | Lisa and Abe raised $586,000 from the Kickstarter Campaign for Nomiku |
2015 | Nomiku raised $875,000 in seed funding and another $2 million |
2017 | Nomiku was featured on Shark Tank and won a deal |
Conclusion
Some companies that appear on the show have not achieved great success, and the Nomiku was one of them. Sometimes businesses don’t succeed because of many reasons. Sometimes, the deal falls through after the founders say yes on camera. Or, as you’ll see, sometimes things happen to the founders themselves, and they choose to abandon the business. Anything is possible. However, Nomiku went out of business in 2019. And the product is no longer available in the market.