What Happened To Pizza Pack After Shark Tank?

Pizza Pack After Shark Tank Update: Pizza Pack is a collapsible pizza container that perfectly stores a number of pizza slices. Its Snap-On airtight lids create a vacuum seal to keep the pizza slices fresh for a long time.

After eating the pizza, we store the extra pizza slices in a box and keep it in the fridge so that they can eat it later. If more pizza slices become, then we need more boxes, it uses more space in the fridge. An air-tight container is required to keep the pizza in perfect and fresh condition.

What Is Pizza Pack?

A pizza pack is a collapsible pizza container that stores a number of pizza slices in separate portions. The peach pizza pack comes with 5 microwavable divider trays that separate the peach slices so that they stick together.

This container has snap-on airtight lids which create a vacuum seal that keeps each slice of pizza fresh for a long time. Apart from this, the option of an air vent has been given in every Collapsible pizza container.

These reusable pizza boxes are made with non-toxic, BPA-free, food-grade silicone which is odorless, leak-proof, and non-stick. 

Who Is The Founder Of The Pizza Pack?

Tate Koenig is the Founder & CEO of The Cheese Chopper. In 2009, he became the co-founder of Citizens of the World (a Non-Profit Organization) and is currently its president.

Tate invents a new product in 2021, the Pizza Pack. Tate completed his Bachelor of Science in Business from Oregon State University in 2012. Prior to college, he had worked in Hubbard Auto and Electric. TK Orchards Company.

After completing his business studies, he joined Shelter Products Inc in 2013 as a lumber broker. Since 2002, he is the Operations Manager of the Full Contact Fighting Federation. Idaho Pacific Lumber Company has had a lumber broker since 2018.

Pizza Pack Shark Tank Update

Company Name	Pizza Pack
Founder	Tate Koenig
Founded	2022
Product	Collapsible Pizza Container & trays
Asked For	$100k for 10% Equity
Final Deal	$100k for 13% Equity
Shark	Lori Greiner
Episode (Shark Tank USA)	S14 E1
Air Date	Sep 23, 2022
Business Status	In Business
Pizza Pack Net Worth	$0.8M *estimated
Headquarters	Portland, Oregon Metropolitan Area, US
Pizza Pack Instagram	View Profile
GO TO AMAZON	Buy Now

Also Read This: What Happened To Banana Phone After Shark Tank?

Pizza Pack On Shark Tank Pitch

Tate Koenig entered Shark Tank with a pizza pack and asked Shark for $100k for a 10% equity and a $1 million valuation. The landed cost of making this product together is $4 and it is sold for $24.99. This product is quite expensive in this price range but its profit margin is very good. To sell more, its price has to be reduced.

Barbara Corcoran did not like this product so much that she walked out without making any offer. Robert Herjavec also went in the same direction Barbara had gone so he is out of it.

Kevin O’Leary told Tate Koenig your last product was a loser but this product is a winner, he will offer one. Kevin’s offer was $100k for 10% equity and he wanted a royalty of $2 dollars per unit until his investment is returned Then the royalty would drop to 50 cents in perpetuity.

Lori Greiner decided that she would make the offer and did not require any royalty her offer was $100,000 dollars for 20% equity. Mark Cuban said that he should have bought the Entire company.

Daymond John also made an offer for this business of $100,000 for a 25% equity. Lori Greiner converted her old offer to make an offer of $100k for a 15% equity. Tate counters to Lori that you can come in the middle of it. Lori said that 13% equity then Tate agreed to this offer of Lori.

Pizza Pack Net Worth

The collapsible pizza container is a unique product and is considered a great addition to every pizza lover. Analyzing its current sales, its sales are quite good, according to this we things Pizza Pack’s net worth is $800k.

Is Pizza Pack Still In Business?

Yes, Pizza Pack is still in business as of November 2022.

According to our research, the competitor brand of the pizza pack is “XCMJTM“. This “XCMJTM” brand is also listed on Amazon at a low price of $19.95.

In order to beat its competitor, the pizza pack has to reduce the sale price of its product. Apart from this, a good marketing strategy is needed.

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