Yumble Net Worth Shark Tank Update 2025

Putting nutritious meals on the table for their children is a challenge that many working parents are familiar with. It can be challenging for parents to discover wholesome options that their kids would genuinely appreciate because kids can be finicky eaters. Parents frequently lack the time necessary to prepare meals.

In order to address this, David and Joanna Parker came up with the creative idea of Yumble, a subscription service that brings nutritious meals to children’s homes. Yumble was developed to assist parents in making mealtimes more convenient and pleasurable for their kids. Besides being wholesome, the meals are entertaining and include kid-friendly activities and collectibles. 

When David and Joanna appeared on Shark Tank Season 10, they asked for a $500,000 investment for 4% equity. Did the entrepreneur get a deal on Shark Tank? Check out our Yumble update to find out!

Yumble Net Worth Shark Tank Update 2025

David and Joanna Parker asked for a $500,000 investment in exchange for 4% equity in their company. This meant they valued their company at $12.5 million. They made a deal with Bethenny Frankel for $500,000 in exchange for 6% of their company. This new deal valued their company at approximately $8.33 million. After the show aired, Yumble saw a big increase in website traffic, sales, and social media exposure. With an estimated 10% yearly growth rate (typical business growth), the current net worth of Yumble is about $12.21 million.

During their Shark Tank stint, Yumble saw early success, peaking at $10 million annually in gross revenue. Their clientele, which comprised working families searching for nutritious food options for their kids, also increased significantly. However, Yumble ran into problems by December 2022 and was acquired by Dibz Kidz, a business that switched its emphasis from meal delivery to pre-packaged snacks.

Today, Yumble has entirely changed its business strategy and is no longer a meal subscription service.

Yes, Yumble was successful in landing a Shark Tank deal. Bethenny Frankel, a guest shark, contributed $500,000 for 6% of the company’s stock to its founders, David and Joanna Parker. After some discussion, Bethenny changed her first offer of 15% stock. This agreement provided Yumble with the funding it required to broaden its product line and connect with additional families.

Shark(s) nameOffer & DemandCounterofferAccepted?
Bethenny Frankel1# $500,000 for 15% equity

2# $500,000 for 6% equity 
N/AYes
Lori Greiner Rohan Oza$500,000 for 12% equity N/ANo
Kevin O’LearyOutN/AN/A
Rohan OzaOutN/AN/A
Mark CubanOutN/AN/A

Yumble Shark Tank pitch

Yumble was founded by David and Joanna Parker, who drew inspiration from their own parenting experiences. They sought to address the widespread issue of providing youngsters with wholesome meals that they would genuinely consume. They encountered difficulties in the early phases of creating Yumble, such as identifying kid-friendly yet healthful dishes.

In order to guarantee that they could provide fresh, premium ingredients, they also needed to form alliances with suppliers. Their commitment to developing a solution that helps families propelled them forward despite these obstacles.

David and Joanna pitched Yumble as a practical option for time-pressed families during their Shark Tank appearance. They clarified that the program provides weekly kid-friendly meals that include an entertaining activity or collection. The founders presented their business proposal, emphasizing the variety of meal programs available to families. With a 30% monthly growth rate and $1.3 million in sales, they revealed their outstanding sales results.

This impressive performance drew on the sharks. Keep reading our Yumble update to see what happens next!

Every shark had inquiries concerning Yumble:

Kevin O’Leary enquired about the company’s profitability and if there was a long-term source of income. The entrepreneurs described their overall growth and consumer acquisition expenses. They did $1.3 million in sales and are growing 30% every month. The customer acquisition cost is $40. 

Mark Cuban asked how much they charge for it. The founders revealed its monthly subscription. The prices range from $6.99 to $7.99. 

Mark further asked how much they spend on marketing and advertising. The entrepreneurs revealed they spend $4000 per week. They reduced the customer acquisition cost from $100 to $40. 

Lori Greiner enquired about the company’s intentions for new product development and scaling. The creators discussed possible growth and more food alternatives.

Bethenny Frankel, an authority on the food sector, asked about their marketing plans. The creators talked about their emphasis on influencer relationships and social media.

The sharks’ reactions differed. 

Bethenny Frankel said she wanted to invest because she was excited about the product and had a thorough understanding of the food sector. She offered $500,000 for 15% equity. 

Rohan Oza expressed interest as well, although he was concerned about competition. He offered $500,000 for 12% equity by teaming up with Lori Greiner.

However, Kevin O’Leary and Mark Cuban left because they did not see the possibility of a successful venture.

Ultimately, Bethenny’s offer was accepted by David and Joanna, who agreed to the stipulations and got the funds.

Product Availability

From our Yumble update research, with kid-friendly meals that incorporated entertaining activities, Yumble provided a novel lunch delivery service. However, the business no longer functions as a meal subscription service following the sale to Dibz Kidz. The new proprietors prioritize pre-packaged snacks instead.

The Yumble brand is still available as of right now, but families who want dinner delivery will have to look at other possibilities, like Amazon. Meal subscriptions are no longer advertised on the company’s website.

Conclusion 

Yumble’s Shark Tank voyage highlighted the difficulties of feeding children healthy meals in a hectic society. At first, the business thrived with Bethenny Frankel’s help, achieving remarkable sales figures. However, the difficult realities of the food industry are reflected in the change in ownership and business style. Although Yumble has shifted its focus as of today, its narrative emphasizes the value of creativity in resolving common issues facing families.

It will be intriguing to observe how Yumble’s legacy endures in the snack industry, and future updates might disclose fresh advancements or expansions under the Dibz Kidz brand.