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Teaspressa Net Worth 2023 Update (Before & After Shark Tank)

Shark-Tank-US-Net-worth-Update-Teaspressa

Teaspressa, a Concentrated, espresso-inspired tea shot, was started by Allison DeVane in 2015. As of November 2023, Teaspressa’s net worth is $500,000 and they’re pulling in a whopping $1 Million in annual revenue. 

On February 26, 2016, they appeared on Season 7 of Shark Tank USA seeking $50,000 for 10% equity valuing the company at $500,000. However, the Sharks were not interested in investing in Teaspressa. Sharks stated that she lacked focus that’s why the founder had to empty-handed.

Teaspressa is still in business. Their products are available on the official website and Amazon.

Teaspressa Net Worth

Net worth$500,000 (Business Valuation)
Annual Sales Revenue$1 Million (2022)
Profits
Lifetime sales
Investor
FounderAllison DeVane
Employees100 +

Teaspressa Net Worth Timeline

Net Worth 2023$500,000
Net Worth 2022$400,000
Net Worth 2021$300,000
Net Worth 2020$200,000
Net worth valuation in 2016 before appearing on Shark Tank  $1 Million

Teaspressa Pitch on Shark Tank

Company nameTeaspressa
ProductConcentrated, espresso-inspired tea shots
EpisodeSeason 07 Episode 20
FounderAllison DeVane
Asked for$50,000 for 10% equity
Final dealNo deal
SharksNone
LocationIndian School Rd, Phoenix, Arizona

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Teaspressa Founder

Teaspressa was founded by Allison DeVane in 2015. DeVane’s entrepreneurial journey began in 2015. He is very smart and committed to his work. Teaspressa’s founder, Allison DeVane, has a net worth of USD 500,000 as of 2023.

Key accomplishments

YearAccomplishment
2016Teaspressa 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 for Teaspressa and its continued success.

What do you think?

Written by GAG Team

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