Pie Wine, the perfect sparkling wine for pizza lovers, made its debut on Shark Tank Season 15 Episode 1. Created by lifelong friends Kevin Klein and Josh Green, Pie Wine aims to enhance the pizza experience with its unique flavors and bubbly goodness. Although they didn’t secure an investment on the show, Pie Wine has seen remarkable success and growth since their appearance.
As avid pizza enthusiasts, Kevin and Josh noticed a gap in the market for a beverage that perfectly complements a delicious slice. They decided to create Pie Wine as the ultimate pairing for pizza, offering three delicious flavors: Crisp White Wine, Sweet Za Wine, and Red Wine. Priced at $20 for a 4-pack of 12 oz cans, Pie Wine quickly gained popularity among pizza lovers across the country.
During their Shark Tank pitch, Kevin and Josh requested $200,000 for 7.5% equity in their business, valuing Pie Wine at $2.6 million. Although the sharks appreciated the concept and taste of the wine, they felt that the business was still in its early stages. However, this setback did not deter Kevin and Josh; instead, it fueled their determination to succeed.
Since their appearance on Shark Tank, Pie Wine has experienced a surge in demand and interest. Within just four days of the episode airing, they sold out their entire inventory and partnered with CA Fortune, a sales and marketing agency, to expand their distribution to 45 states. Talk about a pizza and wine match made in heaven!
The net worth of Pie Wine is estimated to be $2 million as of January 2024, with projected sales of $6.5 million by the end of their first financial year. Despite not securing a deal on Shark Tank, Pie Wine has proven that with passion, perseverance, and a great product, success is within reach.
Key Takeaways:
- Pie Wine, a sparkling wine created specifically for pizza, appeared on Shark Tank Season 15 Episode 1.
- The founders, Kevin Klein and Josh Green, are lifelong friends who identified a gap in the market for a wine that complements pizza.
- Although Pie Wine didn’t secure an investment, they experienced a surge in demand and sold out their entire inventory within four days of their Shark Tank episode airing.
- Pie Wine has partnered with CA Fortune to expand their distribution to 45 states and has an estimated net worth of $2 million as of January 2024.
- The wine comes in three flavors and is priced at $20 for a 4-pack of 12 oz cans.
What Is Pie Wine?
Pie Wine is a sweet sparkling wine that is a perfect companion to a slice of pizza. Created to fill a gap in the market for a drink that pairs well with pizza, Pie Wine offers a tasty and refreshing experience. This sparkling wine comes in three delightful flavors:
Each flavor of Pie Wine has been carefully crafted to enhance the flavors of your favorite pizza and provide a delightful drinking experience. These sparkling wines are available in convenient 12 oz cans, making them great for enjoying on their own or sharing with friends.
Who Is The Founder Of Pie Wine?
The co-founders of Pie Wine Company are Kevin Klein and Josh Green. They have been best friends for over 30 years and decided to create Pie Wine to complement the experience of eating pizza. Kevin Klein has experience as a content writer and host in different media companies, while Josh Green has a background in accounting and investment analysis.
Kevin Klein: Content Writer and Host
Kevin Klein, one of the founders of Pie Wine, brings his expertise as a content writer and host to the company. With his background in media, Kevin understands the importance of creating a unique and enjoyable experience for customers. His passion for wine and pizza inspired him to create Pie Wine, ensuring that every slice of pizza is accompanied by the perfect sparkling wine.
Josh Green: Accounting and Investment Analysis
Josh Green, the other co-founder of Pie Wine, brings his skills in accounting and investment analysis to the business. With his financial expertise, Josh plays a crucial role in managing the company’s finances, planning for growth, and making informed business decisions. Together, Kevin and Josh form a dynamic duo that drives the success of Pie Wine.
How Was The Shark Tank Pitch Of Pie Wine?
During their Shark Tank pitch, Kevin and Josh presented their Pie Wine brand and business to the sharks. They requested a funding of $200,000 in exchange for 7.5% equity. The sharks were intrigued by the concept of a wine specifically crafted to complement pizza and expressed their liking for the taste.
However, some of the sharks had reservations about the business being in its early stages, leading them to question the valuation. Despite not securing a deal on the show, Pie Wine had already made significant strides in distribution. At the time of their pitch, the company was already distributing their wine in 8 states and had secured distribution commitments amounting to $300,000-$400,000 wholesale.
“The sharks liked the wine but felt that the business was still in the early stages.”
Pie Wine’s sales projection was also a noteworthy aspect of their pitch. They projected sales of $6.5 million by the end of the year, demonstrating their confidence in the market potential for their unique product. With their appealing concept and promising sales projections, Pie Wine showcased their ambition and determination for success in the fiercely competitive wine industry.
What Happened To Pie Wine After The Shark Tank?
Although Pie Wine did not secure a deal on Shark Tank, their appearance on the show led to a significant increase in interest and demand for their product. Within just four days after the episode aired, they completely sold out of their wine and quickly restocked their inventory to meet the overwhelming demand.
Realizing the potential for growth, Pie Wine formed a strategic partnership with CA Fortune, a reputable sales and marketing agency. This collaboration enabled them to expand their distribution reach to 45 states, allowing more consumers to enjoy their unique wine that complements pizza perfectly. Additionally, Pie Wine initiated discussions with distributors in 18 other states, further increasing their potential market presence.
This image showcases the widespread distribution network that Pie Wine has established, bringing their product to wine enthusiasts across the United States.
The post-Shark Tank period has been a dynamic time for Pie Wine, as they continue to gain recognition and expand their business. While securing a deal on the show would have provided additional funding and resources, the surge in interest and the subsequent distribution expansion have positioned Pie Wine for continued success.
Pie Wine Shark Tank Update
The highly anticipated episode of Shark Tank featuring Pie Wine aired on September 29, 2023, creating a buzz among wine enthusiasts and pizza lovers alike. The response to the episode was overwhelming, with all bottles of Pie Wine selling out within just four days.
The founders of Pie Wine wasted no time and quickly restocked their inventory on October 3, 2023, ensuring that customers wouldn’t have to wait long for their favorite pizza wine. As an additional update, Pie Wine recently announced that their delightful beverage will soon be available at Westfield Topanga, bringing the unique flavor pairing of pizza and wine to even more eager customers.
What Is Pie Wine Net Worth?
Pie Wine, the sparkling wine created specifically for enjoying with pizza, has an estimated net worth of $2 million as of January 2024. Despite not securing a deal on Shark Tank, the company has already achieved impressive sales revenue, with projections of $6.5 million by the end of their first financial year. To date, Pie Wine has generated sales revenue of $1 million. Despite the lack of investment from the Sharks, Pie Wine continues to thrive and attract customers with its unique and flavorful product.
Pie Wine Net Worth and Sales Overview
| Year | Net Worth | Sales Revenue |
|---|---|---|
| 2022 | N/A | $1 million |
| 2023 | N/A | TBD |
| 2024 (Jan) | $2 million | TBD |
Despite being a relatively new brand, Pie Wine has quickly gained traction in the market and achieved significant sales revenue. The company’s focus on creating a wine that perfectly complements the pizza experience has resonated with consumers, leading to its notable net worth and sales revenue. While the future growth of Pie Wine’s net worth and sales revenue is still to be determined, their strong start indicates promising potential in the wine industry.
Annual Revenue by Years
Pie Wine’s annual revenue for 2022 was estimated to be $1 million. The revenue for 2023 and subsequent years is yet to be determined.
| Year | Revenue |
|---|---|
| 2022 | $1 million |
| 2023 | To be determined |
| 2024 | To be determined |
Pie Wine has shown promising growth in its revenue, with the exact figures for 2023 and subsequent years still under evaluation. With its unique concept of combining sparkling wine and pizza, the company aims to capitalize on the growing demand for pizza pairing beverages. By expanding its distribution and increasing sales, Pie Wine expects to achieve significant revenue growth in the coming years.
Key Takeaways:
- In 2022, Pie Wine’s annual revenue reached $1 million.
- The revenue for 2023 and onwards is currently being assessed.
- Pie Wine anticipates substantial sales growth through expanding distribution and increasing market demand.
Is Pie Wine Still In Business?
Pie Wine Company, founded in early 2022, is still in business as of November 2023. The company’s headquarters is located in Los Angeles, California, and they have a strong online presence through their active website.
Customers can visit the Pie Wine company website to explore their range of sparkling wines and make purchases directly. The website offers a seamless online shopping experience, allowing customers to conveniently order their favorite Pie Wine flavors from the comfort of their homes.
If you’re a fan of pizza and looking for the perfect wine pairing, Pie Wine is the go-to brand. With their continued presence in the market, Pie Wine ensures that pizza lovers can enjoy their delicious sparkling wines whenever they desire.
| Key Information | |
|---|---|
| Business Status | In operation |
| Headquarters | Los Angeles, California |
| Company Website | Visit Pie Wine |
Pie Wine FAQ
Here are some frequently asked questions about Pie Wine:
8.1) Who founded Pie Wine?
Pie Wine was founded by Kevin Klein and Josh Green.
8.2) Did Pie Wine get a deal on Shark Tank?
No, Pie Wine did not secure a deal on Shark Tank.
If you have any more questions or need further information about the Pie Wine brand, founder information, or their Shark Tank deal, please feel free to reach out to us.
FAQ
What is Pie Wine?
Pie Wine is a sweet sparkling wine that is designed to pair perfectly with pizza. It comes in three flavors: Crisp White Wine, Sweet Za Wine, and Red Wine.
Who founded Pie Wine?
Pie Wine was founded by Kevin Klein and Josh Green.
Did Pie Wine get a deal on Shark Tank?
No, Pie Wine did not secure a deal on Shark Tank.
How was the Shark Tank pitch of Pie Wine?
During their Shark Tank pitch, Kevin and Josh asked for 0,000 for 7.5% equity in their business. They explained their concept and presented their wine to the sharks. Pie Wine was already distributing in 8 states and had made distribution commitments of 0,000-0,000 wholesale. They projected sales of .5 million by the end of the year.
What happened to Pie Wine after Shark Tank?
Despite not securing a deal on Shark Tank, Pie Wine experienced a surge in interest and demand for their product. They sold out all their wine within 4 days after the episode aired and restocked their inventory. They also partnered with CA Fortune, a sales and marketing agency, to expand their distribution to 45 states and began talks with distributors in 18 other states.
What is Pie Wine’s net worth?
As of January 2024, Pie Wine’s estimated net worth is million.
What is Pie Wine’s annual revenue?
Pie Wine’s annual revenue for 2022 was estimated to be
FAQ
What is Pie Wine?
Pie Wine is a sweet sparkling wine that is designed to pair perfectly with pizza. It comes in three flavors: Crisp White Wine, Sweet Za Wine, and Red Wine.
Who founded Pie Wine?
Pie Wine was founded by Kevin Klein and Josh Green.
Did Pie Wine get a deal on Shark Tank?
No, Pie Wine did not secure a deal on Shark Tank.
How was the Shark Tank pitch of Pie Wine?
During their Shark Tank pitch, Kevin and Josh asked for $200,000 for 7.5% equity in their business. They explained their concept and presented their wine to the sharks. Pie Wine was already distributing in 8 states and had made distribution commitments of $300,000-$400,000 wholesale. They projected sales of $6.5 million by the end of the year.
What happened to Pie Wine after Shark Tank?
Despite not securing a deal on Shark Tank, Pie Wine experienced a surge in interest and demand for their product. They sold out all their wine within 4 days after the episode aired and restocked their inventory. They also partnered with CA Fortune, a sales and marketing agency, to expand their distribution to 45 states and began talks with distributors in 18 other states.
What is Pie Wine’s net worth?
As of January 2024, Pie Wine’s estimated net worth is $2 million.
What is Pie Wine’s annual revenue?
Pie Wine’s annual revenue for 2022 was estimated to be $1 million. The revenue for 2023 and subsequent years is yet to be determined.
Is Pie Wine still in business?
Yes, Pie Wine is still in business as of November 2023. The company is headquartered in Los Angeles, California, and their website allows customers to purchase their wines online.
Where can I find more information about Pie Wine?
You can find more information about Pie Wine on their website and social media channels.
million. The revenue for 2023 and subsequent years is yet to be determined.
Is Pie Wine still in business?
Yes, Pie Wine is still in business as of November 2023. The company is headquartered in Los Angeles, California, and their website allows customers to purchase their wines online.
Where can I find more information about Pie Wine?
You can find more information about Pie Wine on their website and social media channels.
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