Palmini-Shark-Tank-US-Net-worth-Update

Palmini, a food service, was started by Alfonso Tejada in 2016. As of September 2023, Palmini’s net worth is $3.9 Million and they’re pulling in a whopping $1 million in annual revenue. 

On February 25, 2018, they appeared on Season 9 of Shark Tank USA and made a deal with Mark Cuban and Lori Greiner, for $300,000 for 25% of equity. The final valuation was $1.2 Million, down from the founder’s initial estimate of $3 Million.

Palmini is still in business as of 2023. Their products are available on the website and Amazon.

Palmini Net Worth

Net worth$3.9 Million (2023)
Annual Sales Revenue$1 million (2022)
Profits
Lifetime sales
InvestorsMark Cuban and Lori Greiner
FounderAlfonso Tejada
Employees25 to 50

Palmini Net Worth Timeline

Net Worth 2023$3.9 Million 
Net Worth 2022$3 Million
Net Worth 2021$2.5 Million
Net Worth 2020$2 Million
Net worth valuation in 2018 after appearing on Shark Tank  $1.2 Million
Net worth valuation in 2018 before appearing on Shark Tank  $3 Million

Palmini Pitch on Shark Tank

Company namePalmini
ProductFood
EpisodeSeason 09 Episode 24
Founder Alfonso Tejada
Asked for$300,000 for 10% equity
Final deal$300,000 for 25% equity
SharksMark Cuban and Lori Greiner
LocationMiami, Florida, 33156, United States

Don’t miss these products from Season 9

Palmini Founder

Palmini was founded by Alfonso Tejada in 2016. He got inspired to make this company to create a low-carb pasta. He is very passionate about making this company. Palmini’s founder, Alfonso Tejada, has a net worth of USD 3.9 Million as of 2023.

Key accomplishments

YearAccomplishment
2018Appeared on Shark Tank

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 Palmini and its continued success.

Similar Posts