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 | $1.5 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 |
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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.