Nomiku-Shark-Tank-US-Net-worth-Update

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. 

Nomiku Net Worth

Net worth$2.5 million (2017)
Annual Sales Revenue$3 million (2016)
Profits
Lifetime sales
InvestorChris Sacca
FounderLisa Fetterman and Abe Fetterman
Employees

Nomiku Net Worth Timeline

Net Worth 2023Out of business 
Net Worth 2022Out of business
Net Worth 2021Out of business
Net Worth 2020Out 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 nameNomiku
ProductA  home sous vide cooker
EpisodeSeason 08 Episode 10
Founders Lisa Fetterman and Abe Fetterman
Asked for$250,000 for 5% equity
Final deal$250,00 for 10% equity
SharkChris Sacca
LocationSan Francisco, California

Don’t miss these products from Season 8

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 2023.

Key accomplishments

YearAccomplishment
2012Lisa and Abe raised $586,000 from the Kickstarter Campaign for Nomiku
2015Nomiku raised $875,000 in seed funding and another $2 million
2017Nomiku 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.

Similar Posts