The Pizza Cupcake Net Worth 2023 Update (Before & After Shark Tank)
The Pizza Cupcake is a cupcake-shaped pizza snack. This was founded by Andrea Meggiato and Michelle Jimeney in 2018. As of December 2023, The Pizza Cupcake’s net worth is $2.5 million. They’re pulling in a whopping $5 million in annual revenue.
In March 2021, they appeared on season 12 of Shark Tank USA and made a deal with Lori Greiner for $125,000 for 12.5% equity + 2.5% advisory shares. The final valuation was $833,333, down from the founder’s initial estimate of $2.5 million.
The Pizza Cupcake witnessed a notable growth in sales after its pitch on the Shark Tank. However, the company had to cease operations for a temporary period due to the pandemic. Towards the latter part of 2021, The Pizza Company restated the business, and as of December 2023, it is actively functioning. You can order their products directly from the company website. Products are also available at Target, Walmart, and several supermarkets and Whole Foods chains.
The Pizza Cupcake Net Worth
Net worth | $2.5 million (2023) |
Annual Sales Revenue | $5 million (2023) |
Profits | – |
Lifetime sales | $3.1 million (2020) |
Investor | Lori Greiner |
Founders | Andrea Meggiato and Michelle Jimeney |
Employees | 5-10 |
The Pizza Cupcake Net Worth Timeline
Net Worth 2023 | $2.5 million |
Net Worth 2022 | $2.5 million |
Net Worth 2021 | $800,000 |
Net worth valuation in 2021 after appearing on Shark Tank | $833,333 |
Net worth valuation in 2021 before appearing on Shark Tank | $2.5 million |
The Pizza Cupcake Pitch on Shark Tank
Company name | The Pizza Cupcake |
Product | A cupcake-shaped pizza snack |
Episode | Season 12 Episode 13 |
Founders | Andrea Meggiato and Michelle Jimeney |
Asked for | $125,000 for 5% equity |
Final deal | $125,000 for 12.5% equity + 2.5% advisory shares |
Shark | Lori Greiner |
Location | New York |
Don’t miss these products from Season 12
The Pizza Cupcake Founders
Andrea Meggiato and Michelle Jimeney founded the Pizza Cupcake in 2018. The Pizza Cupcake is a result of Andrea and his wife Michelle’s passion to initiate their food start-up. Michelle has previous experience as a Brand Manager and a Chief operations officer. Andrea is a native Italian. Living in New York with Michelle, they wanted to make pizza a more convenient snack. The Pizza Cupcake’s founders Andrea Meggiato and Michelle Jimeney’s net worths are unknown as of 2023.
Key accomplishments
Year | Accomplishment |
2021 | The Pizza Cupcake was featured on Shark Tank and secured a deal. |
2021-2023 | The Pizza Cupcake was featured in several magazines and TV shows, including Forbes, BuzzFeed, NewYork Post, and Ellen Show. The Pizza Cupcake is currently available in 1,600+ Walmart stores across the U.S. |
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 The Pizza Cupcake and its continued success.