What Happened To Ice Cream Canteen After Shark Tank?
Ice Cream Canteen After Shark Tank: Do you ever consider the possibility of eating ice cream while on a picnic? Why don’t you take a trip to the beach? After a long walk, do you think it would be great to round off the day with a pint at the summit of a mountain? When entrepreneur Jordan Stern founded The Ice Cream Canteen, he addressed these and other questions to the general public along with others of a similar nature.
“Where would you go with ice cream if it last longer without melting?” Stern asked people who might invest in his project in a Kickstarter film. Stern took his camping van on the road after he graduated from college and drove around the U.S. During this trip, he always had a craving for ice cream. Stern thought of a way to keep ice cream cool in a thermos.
What Is Ice Cream Canteen?
The Ice Cream Canteen is a double-walled, vacuum-sealed thermos made from fiber that can keep a serving of ice cream cold for 4 hours or up to 8 hours if stored in a cooler.
The jar is made to fit any paper pint that is the standard shape. It has a seal that keeps out air and water and an enclosed lid that keeps the ice cream safe and fresh.
The Ice Cream Canteen comes in three colors and costs $44.99.
Three colors areÂ
- Coconut White
- Stainless Steel
- Mint Green
16-ounce to 14-ounce paper plates of any shape are compatible with the jar.
Who Is The Founder Of Ice Cream Canteen?
Ice Cream Canteen was started by Jordan Stern. In December of 2018, he opened a business known as the Ice Cream Canteen. In 2012, he received his degree in engineering from the California Polytechnic State University in San Luis Obispo.
Know About the Ice Cream Canteen Shark Tank Update
Jordan developed his idea into a product, which is now a functioning firm under his name. On the 23rd of July, 2019, he launched a campaign on Kickstarter to raise funds through crowdsourcing in order to launch the business.
He received a total of $121,218 in contributions from 1,882 different people. After the election campaign was completed in August 2020, he dispatched the packages containing the products to everyone who had paid for them.
On Kickstarter, a significant number of backers have purchased this item, and the vast majority of those backers have positive things to say about it. Because Jordan wants to expand his company, he decides to pitch his idea on the show “Shark Tank.”
Ice Cream Canteen Shark Tank Update
| Company Name | Ice Cream Canteen |
| Founder | Jordan Stern |
| Founded | Dec 2018 |
| Product | Air-tight container that keeps ice cream frozen |
| Asked For | $100k for 5% equity |
| Final Deal | $100k cash for 20% equity + $200k line of credit |
| Shark | Lori Greiner and Mark Cuban |
| Ice Cream Canteen Shark Tank Episode | S14 E18 |
| Air Date | March 31, 2023 |
| Business Status | In Business |
| Headquarters | San Francisco Bay Area, California, United States |
| Ice Cream Canteen Net Worth | $700k *estimated |
| GO TO AMAZON | View Product |
Another Shark Tank Pitch:
Ice Cream Canteen on Shark Tank Pitch
Jordan asks the sharks for $100,000 for 5% of a business that is worth $2 million. He told Shark about The Ice Cream Canteen and how it can help keep ice cream frozen for a long time.
Jordan called Mark and had him burn the ice cream canteen, but the ice cream stayed cold even after that.
His idea is in the process of being patented, and it already has 3 trademarks. At the moment, this item costs $44.99 and costs $7.50 to ship. The company makes money by selling ice cream “direct to consumer” and in stores.
In 2021, sales brought in $98,000, and so far in 2022, sales have brought in $185,000. Now, his net is more than 50%. In 2022, they hope to make $400,000 in sales and net more than 50% of that.
He started this business with only $15,000, and he got that money by putting it on his credit cards. Kevin O’Leary offered $200,000 for 30% of the business.
Ice Cream Canteen After Shark Tank
Following the broadcast of this episode of Shark Tank, Jordan witnessed a large uptick in sales. Within a few short months, they were completely out of all of their stuff.
It wasn’t until the 22nd of June in 2023 that the item was once again available for purchase. Now is the perfect moment to get this tote that features vacuum insulation.
Ice Cream Canteen Net Worth
Based on what the shark tank pitch said, the company will be worth about $500,000 by 2023. The Ice Cream Canteen was on Shark Tank, and Kevin O’Leary offered $100,000 in exchange for 30% of the business.
Later, he made a deal with Mark Cuban and Lori that gave them a $100,000 investment in exchange for a 20% share in the business and a $200,000 line of credit.
Is the Ice Cream Canteen Still In Business?
Because of Greiner and Cuban’s hard work, the Ice Cream Canteen has developed into a successful enterprise. The item that Stern sells may be purchased for $39.99 and comes with a lifetime guarantee. Alongside Salt & Straw, Stern distributes Ice Cream canteens on its website as well as at small ice cream businesses located around the United States.
The firm makes ice cream canteens with customer-specific branding. Ice Cream Canteen has been carbon neutral since the year 2020, having first measured, then reduced, and finally compensated for its carbon emissions.
The success of The Ice Cream Canteen is popular among users of social media. The company has over 3,500 followers on Instagram, and consumers frequently leave comments on photographs to show their contentment with the brand.
I adore eating ice cream from canteens. The description is accurate. One Instagram user wrote: “I live in Florida and my ice cream doesn’t melt!” in their caption.
FAQs:
Jordan Stern is founder of Ice Cream Canteen
The Ice Cream Canteen is worth about $0.5 million at present.
Yes, The Ice Cream Canteen continues to operate as of July 2023.
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