Vade Nutrition, dissolvable whey protein scoops, was started by Joe and Megan Johnson 2014. As of August 2023, Vade Nutrition’s net worth is $32 million, and they’re pulling in a whopping $6 million in annual revenue.
In December 2019, they appeared on Season 10th of Shark Tank USA and made a deal with Mark Cuban and Alex Rodriguez, $700,000 for 40% equity. The final valuation was $1.7 million, down from the founder’s initial estimate of $2.5 million.
Vade Nutrition sells protein powder in handy packets wrapped in edible film. They come in chocolate and vanilla flavours, and it’s a neat solution that avoids the mess of regular protein powders. The company is still running successfully today. And you can purchase their products on its website and Amazon.
Vade Nutrition Net Worth
|Net worth||$32 million|
|Annual Sales Revenue||$5 million|
|Lifetime Sales||$40 million|
|Shark Tank Investor||Mark Cuban and Alex Rodriguez|
|Founder||Joe and Megan Johnson|
Vade Nutrition Net Worth Timeline
|Net Worth 2023||$32 million|
|Net Worth 2022||$32 million|
|Net Worth 2021||$31.5 million|
|Net Worth 2020||$31 million|
|Net worth valuation 2019 after appearing on Shark Tank||$1.7 million|
|Net worth valuation 2019 before appearing on Shark Tank||$2.5 million|
Vade Nutrition Pitch on Shark Tank
|Company name||Vade Nutrition|
|Product||Nutritional protein shakes|
|Episode||Season 10 Episode 6|
|Founders||Joe and Megan Johnson|
|Asked for||$250,000 for 10% equity|
|Final deal||$700,000 for 40% equity|
|Sharks||Mark Cuban and Alex Rodriguez|
|Location||Lansing, Michigan, United States|
Vade Nutrition Founders
Vade Nutrition was founded by Joe and Megan Johnson in 2014. Joe and Megan Johnson started VADE Nutrition to make nutrition simple and available to everyone. Their goal was to provide both convenience and quality. Vade Nutrition’s founders, Joe and Megan Johnson, have a net worth of 20 million USD as of 2023.
|2022||In 2022, the company made it to the 392nd spot on the list of the fastest-growing companies called the Inc. 5000.|
|2023||As of August, 2023, the company earns $6 million in annual revenue.|
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 Vade Nutrition and its continued success.