Wicked-Good-Cupcakes-Shark-Tank-US-Net-worth-Update

Wicked Good Cupcakes, a decadent mail-ordered cupcake in a jar, was started by Danielle Descroches & Tracey Noonan in 2011. As of October 2023, Wicked Good Cupcakes net worth is $15 million and they’re pulling in a whopping $3 million  in annual revenue. 

In April 2013, they appeared on season 4 of Shark Tank USA and made a deal with Kevin O’Leary, for $75,000 for a $1 royalty . The final valuation was $375,000, same from the founder’s initial estimate of $375,000.

Wicked Good Cupcakes is still in business as of November 2023. In 2021, the company was acquired by Hickory Farms, but it continues to operate as a separate brand. Wicked Good Cupcakes cupcakes are still available for purchase online from their website and at some retail locations.

See also: Wicked Good Cupcakes: Insanely Delicious and Easy Cupcake Recipes.

Wicked Good Cupcakes Net Worth

Net worth$15 million (2023)
Annual Sales Revenue$3 million (2023)
ProfitsNot publicly available
Lifetime salesNot publicly available
InvestorKevin O’Leary
FounderDanielle Descroches & Tracey Noonan
EmployeesNot publicly available

Wicked Good Cupcakes Net Worth Timeline

Net Worth 2023$15 million 
Net Worth 2022$15 million 
Net worth valuation 2013 after appearing on Shark Tank  $375,000
Net worth valuation 2013 before appearing on Shark Tank  $375,000

Wicked Good Cupcakes Pitch on Shark Tank

Company nameWicked Good Cupcakes
ProductDecadent mail-ordered cupcakes in a jar
EpisodeSeason 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
SharkKevin O’Leary
LocationHanover, Massachusetts

Don’t miss these product from Season 04

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 a net worth of $12 million as of 2023.

Key accomplishments

YearAccomplishment
2013Appeared on Shark Tank season 04 and Mark Cuban invested $75,000 for a $1 royalty
2014Won the “Best Cupcake Shop in America” award from Food Network Magazine.
2019Partnered 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.

Similar Posts