Jica Foods Net Worth 2025: The Shark Tank Success Story Everyone’s Talking About
Ever heard of jicama? Don’t worry if you haven’t—you’re not alone! But thanks to Jica Foods, this underrated root vegetable is finally getting the spotlight it deserves. Founded by the husband-and-wife duo Melissa and Xin Wang in 2015, Jica Foods is on a mission to make healthy snacking both fun and delicious.
So, what’s the big deal? Well, it’s not every day you see a company transform a humble vegetable into a hit product. And when Jica Foods appeared on Shark Tank in 2022, they didn’t just pitch their business—they wowed the Sharks and viewers alike. Here’s the scoop on their journey, net worth, and how they’re doing now.
What is Jica Foods All About?
Let’s start with the basics: Jica Foods began with jicama chips but later pivoted to fresh-cut jicama products. Think jicama wraps, sticks, and even jicama salsa dips—all low-calorie, gluten-free, and packed with natural goodness. The Wangs wanted to offer something healthier than the processed snacks filling grocery store aisles, and boy, did they nail it.
Today, their products are sold in big-name stores like Walmart, Sprouts, and Whole Foods, and you can even snag them on Amazon Prime. Safe to say, they’re giving kale chips a run for their money.
Jica Foods Shark Tank Pitch: A Big Ask, A Bigger Win
When Melissa and Xin walked into the Shark Tank in Season 14, Episode 10, they didn’t hold back. They boldly asked for $300,000 in exchange for just 3% equity, which valued their company at a whopping $10 million. A big ask, right?
The Sharks were intrigued but cautious. Barbara Corcoran, known for her knack for spotting food trends, made a counteroffer: $300,000 for 6% equity, plus 3% in advisory shares. After some back-and-forth, the Wangs said yes, sealing the deal with Barbara.
Here’s a quick breakdown:
| Criteria | Details |
|---|---|
| Ask | $300,000 for 3% equity |
| Valuation Asked | $10 million |
| Counter Offer | $300,000 for 6% equity + 3% advisory shares |
| Deal Accepted | Yes, with Barbara Corcoran |
Also read: Sweetkiwi Net Worth 2025: The Journey After Shark Tank
How’s Jica Foods Doing After Shark Tank?
After Shark Tank, Jica Foods didn’t just sit back and relax—they got to work. With Barbara’s help, the brand expanded into more than 400 retail locations, including 177 Walmart stores and 234 Sprouts locations. They also launched new products like Jica de Gallo (their fresh jicama salsa dip) and jicama wraps, which are becoming a low-carb favorite.
Their social media game is strong too, with over 8,000 followers on Instagram and an active online presence. If you’re curious, you can grab their products on Amazon, making them super accessible no matter where you live.
Jica Foods Net Worth and Revenue
Let’s talk money because, let’s be honest, we all want to know how much they’re worth now. Before Shark Tank, Jica Foods was valued at $10 million, but after the deal, their valuation dropped to $5 million. Still, the company’s annual revenue tells a success story:
- 2019: $1 million.
- 2020: $4 million.
- 2021: $5 million.
- 2022: $6 million, with a $400,000 profit.
As of early 2025, Jica Foods is worth around $5.5 million, and with their growing retail presence, that number is likely to climb.
Why Jica Foods Is a Brand to Watch
Jica Foods is proof that sometimes, the simplest ideas can lead to the biggest wins. Melissa and Xin Wang took an underappreciated vegetable, added creativity, and turned it into a health food trend. And with Barbara Corcoran backing them, they’ve got the expertise and resources to scale even further.
So, if you’re looking for snacks that are as healthy as they are tasty, Jica Foods should definitely be on your radar. And who knows? Maybe jicama will be the next avocado—everyone’s new favorite thing!
What do you think? Have you tried Jica Foods yet? If not, it might be time to give jicama a try—you might just fall in love.
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