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 Net Worth
|Net worth||$3.9 Million (2023)|
|Annual Sales Revenue||$1 million (2022)|
|Investors||Mark Cuban and Lori Greiner|
|Employees||25 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
|Episode||Season 09 Episode 24|
|Asked for||$300,000 for 10% equity|
|Final deal||$300,000 for 25% equity|
|Sharks||Mark Cuban and Lori Greiner|
|Location||Miami, Florida, 33156, United States|
Don’t miss these products from Season 9
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.
|2018||Appeared on Shark Tank|
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.