Power Pot Net Worth 2023 Update (Before & After Shark Tank)


Power Pot is a portable electric generator that doubles as a camp cooking pot. David Toledo and Caleb Light started this business in 2012. Power Pot’s net worth was $1.6 million in 2014 based on the Shark Tank deal.

In 2014 they appeared on Season 5 of Shark Tank USA and made a deal with Mark Cuban, $250,000 for 12% equity + 3% in advisory options.

Thanks to their successful pitch, David and Caleb could get a deal for Power Pot. After the show, the company made great progress. In 2022, Thrasio acquired Power Pot for an undisclosed amount and renamed as Power Practical. As of November 2023, Power Practical is still available in the market with a range of products.

Power Pot Net Worth

Net worth$1.66 million (2014)
Annual Sales Revenue$2 million (2013)
Lifetime sales
InvestorMark Cuban
FoundersDavid Toledo and Caleb Light

Power Pot Net Worth Timeline

Net Worth 2023Unknown
Net Worth 2022Unknown
Net Worth 2021Unknown
Net Worth 2020Unknown
Net worth valuation in 2014 after appearing on Shark Tank  $1.66 million
Net worth valuation in 2014 before appearing on Shark Tank  $2.5 million

Power Pot Pitch on Shark Tank

Company namePower Pot
ProductA portable electric generator that doubles as a camp cooking pot
EpisodeSeason 05 Episode 24
FounderDavid Toledo and Caleb Light
Asked for$250,000 for 10% equity
Final deal$250,000 for 12% equity + 3% in advisory options
Shark Mark Cuban
LocationSalt Lake City, Utah

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Power Pot Founders

David Toledo and Caleb Light founded Power Pot in 2012. David completed his bachelor’s degree at the University of Utah, and his Ph.D. at Cornell University. David is a researcher in Material Sciences and Engineering, and also a promising entrepreneur. Caleb graduated from Utah Valley University majoring in Accounting and Entrepreneurship. He has professional experience in the sales field.  Power Pot’s founders David Toledo and Caleb Light’s net worth is unknown as of 2023.

Key accomplishments

2014Power Pot got featured on Shark Tank
Within the same year of the pitch, Power Pot exceeded $2 million in sales
2022Power Pot was rebranded as Power Practical 


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 Power Pot and its continued success.

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