In 2015, Alex Craig and Riad Bekhit founded Potato Parcel, a service that mails personalized messages on potatoes.
After securing a $50,000 investment from Kevin O’Leary on Shark Tank in 2016, the company experienced significant growth. By 2018, they had sold over 70,000 potatoes, generating annual revenues exceeding six figures.
As of 2024, Potato Parcel’s net worth is estimated at $1.75 million, with annual revenues of around $7 million. The company thrives, offering unique gifting options and maintaining a strong market presence.
Potato Parcel Net Worth
| Estimated Net worth | $1.75 million (2024) |
| Annual Sales Revenue | $7 million (2024) |
| Lifetime sales | Not available |
| Investor | Kevin O’Leary |
| Founder | Alex Craig and Riad Bekhit |
| Employees | <10 |
Potato Parcel Pitch on Shark Tank
| Company name | Potato Parcel |
| Product | A company that inscribes custom messages on potatoes |
| Episode | Season 08 Episode 06 |
| Founders | Alex Craig and Riad Bekhit |
| Asked for | $50,000 for 10% equity |
| Final deal | $50,000 for 10% equity |
| Shark | Kevin O’Leary |
| Location | South San Francisco, California |
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Potato Parcel Founders
Alex Craig and Riad Bekhit founded Potato Parcel in 2015. Alex initially came up with the unique idea of the Potato Parcel. He is a graduate of the University of North Texas. He started his career as an App Developer, eventually exploring an entrepreneurial venture. Alex’s business partner and the co-founder of Potato Parcel, Riad Bekhit, has an academic background in Finance and Business Management. Potato Parcel’s founders, Alex Craig, and Riad Bekhit’s net worth is unknown as of 2024. However, based on the deal it should be around $450,000.
Key accomplishments
| Year | Accomplishment |
| 2016 | Potato Parcel was featured in Shark Tank. |
| 2018 | The company has sold over 70,000 potatoes since the pitch. |
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 Potato Parcel and its continued success.