Business

Proper Good Net Worth: How Shark Tank Boosted Their Journey

A ready-made meal that’s healthy, delicious, and tailored to your diet—all without needing refrigeration. That’s what Proper Good offers. Launched in 2020 by siblings Christopher and Jennifer Jane, this Austin-based brand is shaking up the food industry with its innovative approach to quick and nutritious meals.

A Mission to Simplify Mealtime

Proper Good was born from a simple goal: to make eating healthy easy and accessible for everyone. Their products—ranging from soups and chilis to oatmeals—are crafted with top-quality ingredients and cater to various dietary needs, including keto, vegan, and gluten-free. Plus, they’re shelf-stable, so they don’t take up fridge space, making them perfect for busy professionals, parents, and even adventurers on the go.

From Startup to Big Success

Since their start, Proper Good has experienced remarkable growth. Here’s a quick overview of how their revenue and achievements have unfolded:

YearRevenueAchievements
2020$1MLaunched the company with ready-to-eat meal options.
2021$2MFeatured on Shark Tank and expanded their product line.
2022N/ARecorded 400% growth in direct-to-consumer sales.
2023$8MEntered Walmart stores, securing a strong retail presence.
2024N/AEstimated net worth of $2.62M.

Proper Good Shark Tank Appearance

One of Proper Good’s defining moments came in 2021 when they appeared on Shark Tank (Season 13, Episode 2). Christopher and Jennifer pitched their business with confidence, and it paid off:

DetailsInformation
Ask$400,000 for 10% equity
Deal$400,000 for 20% equity with Mark Cuban.
OutcomeSold months’ worth of soup within a week of airing.

The exposure not only brought in funding but also introduced them to a wider audience, significantly boosting their sales and credibility.

Also read: The Super Potty Trainer Net Worth: From Shark Tank to Success

The People Behind Proper Good

RoleName
FoundersChristopher Jane and Jennifer Jane
Shark Tank InvestorMark Cuban

How Proper Good is Doing After Shark Tank

Since their time on the show, Proper Good has gone from strength to strength. Here’s what they’ve accomplished:

  • Expanded Product Line: Introduced oatmeal and other meal options.
  • Retail Partnerships: Entered 2,000 Walmart Super Centers nationwide.
  • Funding Success: Secured $3.5 million in seed funding from prominent investors like YETI Capital and The Artisan Group.
  • Online Sales: Continued growing direct-to-consumer sales through their website and Amazon.

The Future Looks Bright

Proper Good’s journey is a textbook example of turning a great idea into a thriving business. By sticking to their mission of delivering convenient and healthy meals, they’ve carved out a unique niche in the market. Whether you’re following a keto diet, living vegan, or simply looking for a quick, nutritious meal, Proper Good has something for you—and it’s safe to say the best is yet to come.

Suggested reads: Hug Sleep Net Worth: From Shark Tank to Sleep Industry Sensation

admin

Salman Ahmad Siddiqui founded SpotHerld with an aim to provide the public with timely and unbiased news, presenting each story from a distinct perspective tailored by our team. As a skilled journalist, I boast a distinguished portfolio and excel in content analysis and research. Salman, a proficient and knowledgeable individual in the business industry, also contributes valuable insights to Tech section on the website. You may reach us at- spotherldeditorialteam@gmail.com

Related Articles

Back to top button