Snarky Tea is a tea brand that supports the body and mind. Jenni-Lyn Williams founded this in 2016. As of December 2023, Snarky Tea’s net worth is $2 million. They’re pulling in a whopping $6 million in annual revenue.
In November 2017, they appeared on season 09 of Shark Tank USA and made a deal with Kevin O’Leary and Bethenny Frankel for $150,000 for 50% equity. The final valuation was $300,000, down from the founder’s initial estimate of $600,000.
Since its appearance on the show, Snarky Tea has demonstrated a significant increase in business. Snarky Tea currently offers various tea ranges. The products are available on the Snarky Tea website and in supermarkets.
Snarky Tea Net Worth
Net worth | $2 million (2023) |
Annual Sales Revenue | $6 million (2023) |
Profits | – |
Lifetime sales | – |
Investors | Kevin O’Leary and Bethenny Frankel |
Founder | Jenni-Lyn Williams |
Employees | <10 |
Snarky Tea Net Worth Timeline
Net Worth 2023 | $2 million |
Net Worth 2022 | $2 million |
Net Worth 2021 | $1 million |
Net worth valuation in 2017 after appearing on Shark Tank | $300,000 |
Net worth valuation in 2017 before appearing on Shark Tank | $600,000 |
Snarky Tea Pitch on Shark Tank
Company name | Snarky Tea |
Product | A tea brand that supports the body and mind |
Episode | Season 09 Episode 05 |
Founder | Jenni-Lyn Williams |
Asked for | $150,000 for 25% equity |
Final deal | $150,000 for 50% equity |
Sharks | Kevin O’Leary and Bethenny Frankel |
Location | Warminster, Pennsylvania |
Don’t miss these products from Season 9
Snarky Tea Founder
Jenni-Lyn Williams founded Snarky Tea in 2016. Jenni completed her bachelor’s major in Business Management, Marketing, and Related Support Services at East Stroudsburg University of Pennsylvania. Afterward, she gained her MBA from Villanova University. She has previous experience working in the Finance and Marketing fields. Snarky Tea’s founder, Jenni-Lyn Williams has a net worth of 2 million USD as of 2023.
Key accomplishments
Year | Accomplishment |
2017 | Snarky Tea was featured in Shark Tank and secured a deal. Snarky Tea was featured in the 2017 Oscars gift bags. |
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 Snarky Tea and its continued success.