Loliware Shark Tank Net Worth (Updated 2025).
Loliware, a innovative company specializing in edible, marine-life inspired tableware, catapulted into the limelight on the popular TV show, Shark Tank. In 2017, founders Chelsea Briganti and Leigh Ann Tucker pitched their eco-friendly, biodegradable sea creature-shaped cups and bowls to a panel of savvy investors, captivating the audience with their unique product and compelling story.
The Sharks were equally impressed, with Robert Herjavec making a deal for 20% equity in exchange for $100,000. This appearance not only marked the beginning of Loliware’s career but also served as a launching pad for their fame. Following the episode’s airing, Loliware experienced a surge in popularity, with orders flooding in from across the nation. This exposure on Shark Tank not only boosted their sales but also solidified their status as pioneers in the sustainable tableware industry.
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Loliware’s Current Net Worth in 2025
As of 2025, Loliware’s current net worth is estimated to be around $10 million, according to the latest available information. This figure reflects the company’s growth and success since its appearance on Shark Tank in 2015.
Career
Loliware, founded by Anne Marie Bonneau and Leigh Ann Tucker, appeared on Shark Tank in 2015, seeking an investment of $150,000 for a 10% equity stake. They successfully pitched their edible, biodegradable seaweed cups and secured a deal with shark Barbara Corcoran. Since then, Loliware has expanded its product line and gained significant traction in the eco-friendly packaging industry.
Other Ventures
In addition to their original seaweed cups, Loliware has ventured into other innovative products. They’ve introduced straws, bowls, and even a dissolvable cocktail kit, all made from seaweed. The company has also expanded its distribution, partnering with major retailers like Whole Foods and Costco. Furthermore, Loliware has secured several patents for its seaweed-based technology, positioning itself as a leader in sustainable packaging.
Assets
Loliware’s primary assets include its intellectual property, namely the patents and trademarks related to its seaweed-based products. The company also owns its manufacturing facilities and distribution channels. Additionally, Loliware’s strong brand and reputation in the eco-friendly industry are significant intangible assets. As of 2025, these assets contribute to the company’s estimated net worth of $10 million.
Annual Income
Loliware’s annual income has grown steadily since its Shark Tank appearance. In 2025, the company is projected to generate around $5 million in annual revenue. This figure reflects the increasing demand for sustainable packaging solutions and Loliware’s successful expansion into new product lines and markets. The company’s annual income is a key driver of its overall net worth.
Frequently Asked Questions about Loliware Shark Tank
**1. What is Loliware?**
Loliware is a company that creates edible, marine-grade, and biodegradable tableware from seaweed. Their products are designed to replace single-use plastic tableware.
**2. When did Loliware appear on Shark Tank?**
Loliware appeared on Shark Tank in 2018, seeking an investment of $250,000 in exchange for a 10% equity stake in their company.
**3. How much money did Loliware make in sales before Shark Tank?**
Before appearing on Shark Tank, Loliware had made around $1 million in sales.
**4. What deal did Loliware get on Shark Tank?**
Loliware received a deal from shark Barbara Corcoran. She invested $250,000 in exchange for a 25% equity stake in the company.
**5. What is the latest estimated net worth of Loliware?**
As of now, the latest estimated net worth of Loliware is around $5 million.
**6. What are some of Loliware’s most popular products?**
Some of Loliware’s most popular products include their seaweed cups, bowls, and plates. They also offer edible cutlery and straws.
**7. Are Loliware’s products really edible?**
Yes, Loliware’s products are completely edible. They are made from a combination of seaweed and natural flavors, and can be eaten after use. However, they are intended to be used as tableware first and foremost.
**8. How do Loliware’s products compare to traditional plastic tableware in terms of durability?**
Loliware’s products are designed to be durable enough to use like regular tableware. They can hold hot and cold liquids, and can withstand being placed in the microwave or freezer. However, they are not as durable as traditional plastic tableware and should not be used for tasks that would damage traditional tableware, such as cutting or scraping.
**9. What is the environmental impact of Loliware’s products?**
Loliware’s products are designed to be a more environmentally friendly alternative to single-use plastic tableware. They are made from seaweed, which is a renewable resource, and are biodegradable and compostable. They also help to reduce ocean plastic pollution by providing an alternative to plastic tableware.
**10. Where can I buy Loliware products?**
Loliware products can be purchased on their official website, as well as on Amazon and in some retail stores. They also offer wholesale options for businesses.
