Tate Koenig pitched his innovative Pizza Pack on Shark Tank, aiming to secure an investment for his unique pizza storage solution.
Therefore, Lori Greiner invested $100,000 for a 13% equity stake. This investment led to a significant boost in the product’s popularity, increasing its market value to $1 million and generating annual revenues of around $250,000.
Despite the pending patents, Pizza Pack has been well-received, selling mainly on Amazon. Therefore, with Lori’s support, Pizza Pack is set for even greater success and market expansion.
Pizza Pack Net Worth
| Estimated Net worth | $1 million (2024) |
| Annual Sales Revenue | $250,000 (2022) |
| Lifetime sales | $769,000 (2023) |
| Investor | Lori Greiner |
| Founder | Tate Koenig |
| Employees | 10 – 25 |
Pizza Pack Pitch on Shark Tank
| Company name | Pizza Pack |
| Product | Food Storage / Pizza Containers |
| Episode | Season 14 Episode 01 |
| Founder | Tate Koenig |
| Asked for | $100,000 for 10% equity |
| Final deal | $100,000 for 13% equity |
| Shark | Lori Greiner |
| Location | USA |
Don’t miss these products from Season 14
Pizza Pack Founder
Pizza Pack was founded by Tate Koenig in 2020. Tate is known as the “Pizza King or previously Mr Cheese. He is a farmer and comes from a farming family. Pizza Pack’s founder, Tate Koenig, has a net worth about USD 1 million as of 2024.
Key accomplishments
| Year | Accomplishment |
| 2023 | Pizza Pack has become famous as a durable and long-lasting product in the household. |
| 2022 | Pizza Pack Appeared 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 of Pizza Pack and its continued success.