NuMilk Net Worth is $70 Million US Dollars.. The company generates an estimated sales revenues of $13 million per year. NuMilk appeared in Season 12 of The Shark Tank and has secured a $2 million investment from Mark Cuban for 10% Equity in the company.
NuMilk is a plant-based Milk making machine that comes in two variants, for home and commercial spaces.
NuMilk Net Worth 2024
| Net Worth | $70 Million |
| Annual Sales | $13 Million |
| Profits | $2.6 Million |
| Employees | 30+ |
| Lifetime Sales | $48 Million |
Numilk Sales
When NuMilk was pitched on Shark Tank, its main product was the huge vending machine. The company has discontinued this and replaced it with a smaller ‘NuMilk Pro’. The company also offers a much smaller machine for home use.
NuMilk’s sales were significantly impacted by COVID-19 shortly after its Shark Tank appearance. However, with the assistance of Mark Cuban, the company created new and advanced machinery during the shutdown. NuMilk currently has $13 million in sales.
The majority of this stems from its residential products. NuMilk machines are now accessible in over 150 places throughout the United States.
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About the Company and Shark Tank Pitch
NuMilk is a fresh plant-based milk-making machine. Through this machine, all types of vegan fresh milk or drinks of different ingredients are made.
The NuMilk machine uses three ingredients – Almonds, Purified Water, and Maple Syrup to make fresh Almond Milk instantly.
FAQs
Yes. NuMilk’s revenues have grown since airing on the Shark Tank.
Yes. Mark Cuban owns 10% of NuMilk.
NuMilk is still in business offering two variants of its product across 40+ counties.