Nowhere Bakery Net Worth Update (Before & After Shark Tank)
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Nowhere Bakery Net Worth 2024 Update (Before & After Shark Tank)

Nowhere Bakery’s net worth is $1.6 million as of January 2024. They’re pulling in a whopping $770,000 in annual revenue. Nowhere Bakery, a healthy bakery products line, was started by Maurizio and Saphira Rasti in 2020.

In  March 2024, they appeared on season 15 of Shark Tank USA and made a deal with Barbara Corcoran, for $200,000 for 12.5% equity ($100,000 as cash, and $100,000 as a line of credit, for 12.5% equity). The final valuation was $1.6 million, down from the founder’s initial estimate of $4 million.

Appearance on the show and winning a deal indicated positive growth for the business. At the moment, they offer a range of bakery products. You can purchase them from the company website or retail stores. Products are available in over 75 stores.

Nowhere Bakery Net Worth

Net worth$1.6 million (2024)
Annual Sales Revenue$770,000 (2022)
Profits$32,000
Lifetime salesNot available 
InvestorBarbara Corcoran
Investment$200,000 for 12.5% equity ($100,000 as cash, and $100,000 as a line of credit, for 12.5% equity)
FoundersMaurizio and Saphira Rasti
Employees<10

Nowhere Bakery Net Worth Timeline

Net Worth 2024$1.6 million 
Net worth valuation in 2024 after appearing on Shark Tank  $1.6 million
Net worth valuation in 2024 before appearing on Shark Tank  $4 million

Nowhere Bakery Pitch on Shark Tank

ProductHealthy bakery products
EpisodeSeason 15 Episode 18
Founders Maurizio and Saphira Rasti
Asked for$200,000 for 5% equity
Company nameNowhere Bakery
Final deal$200,000 for 12.5% equity ($100,000 as cash, and $100,000 as a line of credit, for 12.5% equity)
SharkBarbara Corcoran
LocationCosta Mesa, California

Don’t miss these products from Season 15

Nowhere Bakery Founders

Maurizio and Saphira Rasti founded Nowhere Bakery in 2020. They are a husband and wife entrepreneur duo. Maurizio is a graduate of Ohio State University, where he studied Business and Marketing. Saphira has a background in Fashion Business. Nowhere Bakery’s founders Maurizio and Saphira Rasti’s net worth is unknown as of 2024.

Key accomplishments

YearAccomplishment
2022Winner of the Shelfie Award for best-selling item.
2024The company was featured in Shark Tank USA and secured a deal.

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 Nowhere Bakery and its continued success.

What do you think?

Written by GAG Team

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