Nuts N More Net Worth 2023 Update (Before & After Shark Tank)
Nuts N More, Protein peanut and almond butter products, was started by Neil Cameron, Peter Ferreira, and Dennis Iannoti in 2010. As of September 2023, Nuts N More’s net worth is $6 Million and they’re pulling in a whopping $6 Million in annual revenue.
On March 1, 2013, they appeared on Season 4 of Shark Tank USA and made a deal with Mark Cuban and Robert Herjavec, for $250,000 for 35% equity, with $75,000 upfront, and the rest as needed for future POs. The final valuation was $714,000, down from the founder’s initial estimate of $1.2 Million.
Nuts ‘N More is still in business as of 2023. They have been doing this business for 12 and a half years. Nuts ‘N More products are available on the official website and Amazon.
Nuts N More Net Worth
Net worth | $6 Million (2023) |
Annual Sales Revenue | $6 Million (2022) |
Profits | – |
Lifetime sales | $30 million (2018) |
Investors | Mark Cuban and Robert Herjavec |
Founders | Neil Cameron, Peter Ferreira, Dennis Iannoti |
Employees | 750 |
Nuts N More Net Worth Timeline
Net Worth 2023 | $6 Million |
Net Worth 2022 | $5.5 Million |
Net Worth 2021 | $5 Million |
Net Worth 2020 | $4.8 Million |
Net worth valuation in 2013 after appearing on Shark Tank | $714,000 |
Net worth valuation in 2013 before appearing on Shark Tank | $1.2 Million |
Nuts N More Pitch on Shark Tank
Company name | Nuts N More |
Product | High protein almond and butter spreads and snacks |
Episode | Season 04 Episode 18 |
Founders | Peter Ferreira, Neil Cameron, and Dennis Ianotti |
Asked for | $250,000 for 20% equity |
Final deal | $250,000 for 35% equity, with $75,000 upfront, and the rest as needed for future POs |
Sharks | Mark Cuban and Robert Herjavec |
Location | East Providence, Rhode Island |
Nuts N More Founders
Nuts N More was founded by Peter Ferreira, Neil Cameron, and Dennis Ianotti in 2010. They are all health enthusiasts. The 3 founders wanted to create a high-protein snack so developed Nuts N More. Nuts N More’s founders, Peter Ferreira, Neil Cameron, and Dennis Ianotti, have a net worth of $6 Million USD as of 2023.
Key accomplishments:
Year | Accomplishment |
2022 | Nuts N More won awards in the fitness industry |
2013 | Nuts N More featured in Shark Tank in 2013 |
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 Spretz and its continued success.