Wicked Good Cupcakes, founded by Tracey Noonan and Danielle Vilagie, gained national attention after appearing on Shark Tank in 2013. Securing an investment from Kevin O’Leary, the company grew rapidly, specializing in gourmet cupcakes in jars.
In 2021, Wicked Good Cupcakes was acquired by Hickory Farms, marking a significant milestone. The brand continues to thrive under Hickory Farms, leveraging its wide distribution network. The latest estimates place Wicked Good Cupcakes’ net worth at around $15 million.
The acquisition has helped maintain the company’s momentum, allowing it to continue delighting customers with its unique dessert offerings.
Wicked Good Cupcakes Net Worth
Estimated Net worth | $15 million (2024) |
Annual Sales Revenue | $3 million (2024) |
Lifetime sales | Not available |
Investor | Kevin O’Leary |
Founder | Danielle Descroches & Tracey Noonan |
Employees | Not available |
Wicked Good Cupcakes Pitch on Shark Tank
Company name | Wicked Good Cupcakes |
Product | Decadent mail-ordered cupcakes in a jar |
Episode | Season 04 Episode 22 |
Founders | Danielle Descroches & Tracey Noonan |
Asked for | $75,000 for 20% Equity |
Final deal | $75,000 for a $1 royalty up to $75,000; $0.45 in perpetuity |
Shark | Kevin O’Leary |
Location | Hanover, Massachusetts |
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Wicked Good Cupcakes Founders
Danielle Descroches & Tracey Noonan found Wicked Good Cupcakes in 2011. Noonan’s inspiration for Wicked Good Cupcakes came from her love of baking. And her desire to create a unique and delicious cupcake product. Wicked Good Cupcakes’s founders, Danielle Descroches & Tracey Noonan, have an approximate net worth of $15 million as of 2024.
Key accomplishments
Year | Accomplishment |
2013 | Appeared on Shark Tank season 04 and Mark Cuban invested $75,000 for a $1 royalty. |
2014 | Won the “Best Cupcake Shop in America” award from Food Network Magazine. |
2019 | Partnered with several major airlines to serve cupcakes on first-class flights. |
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 Wicked Good Cupcakes and its continued success.