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

Palmini, a Shark Tank-featured business created by Al dente founder Andy Micallef, specializes in low-carb pasta alternatives made from hearts of palm.

After securing a deal with Mark Cuban for $300,000 in exchange for 25% equity, the company gained rapid traction.

Palmini has expanded its product line to include lasagna and rice alternatives, with a current revenue estimated at $4 million. The business continues to thrive, now available in major retailers like Walmart and Amazon.

Palmini has not pursued crowdfunding but maintains steady growth due to its innovative healthy food offerings and strong consumer demand.

Palmini Net Worth

Net worth$1.2 million (2018)
Annual Sales Revenue$4 million (2025)
Lifetime salesNot available
InvestorsMark Cuban and Lori Greiner
FounderAlfonso Tejada
Employees25 to 50

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

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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 4 Million as of 2025.

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.

ABOUT KESARA BANDARAGODA
Kesara Bandaragoda is a Sri Lankan-born media entrepreneur currently based in Dubai, with a lifelong passion for storytelling, innovation, and all things screen-worthy. Whether it's a mind-bending sci-fi epic or the latest startup pitch on Shark Tank, Kesara is all in. In fact, he was one of the earliest content creators to cover Shark Tank Australia online and has been tracking its businesses, products, and founders since 2019 — long before it was cool.

Kesara is the visionary CEO behind BrandFactory, a digital media company powering multiple content platforms that reach millions. When he’s not leading a team of creatives, he’s often geeking out over Marvel and DC universes, decoding Spielberg's directorial magic, or revisiting classics like The Shawshank Redemption, Interstellar, and Pirates of the Caribbean (yes, he's a Johnny Depp loyalist).

INDUSTRY FOCUS
Kesara’s writing and content leadership often focus on the intersection of entrepreneurship, entertainment, and emerging digital cultures. He’s particularly passionate about telling stories that celebrate founders, dissect business blueprints from media narratives, and spark curiosity in audiences across the globe.

FAVORITE MEDIA
A sci-fi enthusiast with a taste for high-stakes storytelling, Kesara’s favorite titles range from cerebral time-space odysseys to charismatic pirate adventures. He thrives in content that mixes real-world business insight with the spectacle of entertainment — think Shark Tank meets Black Mirror, with a touch of Marvel heroics.

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