Pie Wine Shark Tank Net Worth

Pie Wine is an alcoholic beverage that debuted on Episode 01 of Season 15 of the TV show Shark Tank. It is the world’s first wine specifically designed to pair with pizza, offering a new and exciting experience for pizza lovers. 

Created by friends Josh Green and Kevin Klein, Pie Wine is marketed as the official pizza drink.

Pie Wine comes in three different styles, each made from California-grown grapes. The first style is a “dry, robust” white wine inspired by Italy, perfect for lighter pizzas such as pizza bianca or vegetable-loaded primavera pizza. 

The second style is a sweet wine with fruity notes, offering enough balance to complement classic pizzas like Margherita.

Lastly, there is a “sweet and savory” red wine that can stand up to robust toppings like sausage and prosciutto. Each wine is intended to accentuate and elevate the flavors of different pizzas.

Pie Wine focuses on pairing with pizza and emphasizes the celebratory and communal nature of eating pizza.

It is designed to enhance the meal itself and the connections and shared experiences with friends and family. The company encourages consumers to cherish memorable moments over pizza and Pie Wine.

Pie Wine company also offers free shipping on orders over $60, conveniently the cost of a 12-pack of any of the three wine flavors.

Pie Wine is a beverage that aims to enhance the enjoyment of pizza by providing specifically crafted wines that pair well with different pizza styles. 

Its focus on the celebratory nature of shared experiences over pizza makes it an appealing choice for those looking to elevate their pizza dining experience.

Company NamePie Wine
EntrepreneurKevin Klein and Josh Green
ProductA new wine to go with your pizza
Investment Asking For$200,000 in exchange for a 4.5% equity in Pie Wine
Final DealNo Deal
SharkNo Shark
Pie Wine Episode Season 15, Episode 1
Pie Wine Business StatusIn Business
Pie Wine WebsiteVisit Website
Pie Wine’s Net Worth$2 Million

What Is Pie Wine?

PIE Wine is a wine brand inspired by the tradition of enjoying pizza with friends. It offers different varieties of wine, including Sweet White, Red Wine, and Classic Crisp White. 

Pie Wine is a brand of canned alcoholic beverage that was created specifically to pair with pizza. It is the world’s first wine made specifically for this purpose. “

PIE Wine aims to provide a modern twist on traditional sparkling white wine and offers a range of flavors to suit different preferences. The brand originated in Italy but has been perfected in California.

Pie Wine Shark Tank Update | Pie Wine Net Worth

Pie Wine is a “sweet and slightly sparkling wine created as the official pizza drink.” 

The wine is designed to enhance the flavors of different types of pizzas and to complement the celebratory and communal nature of sharing a pizza meal with friends and family.

Pie Wine offers three different styles, each made from California-grown grapes. The first style is a “dry, robust” white wine inspired by Italy.

 It is meant to be enjoyed with lighter pizzas, such as pizza bianca or a primavera pizza loaded with vegetables. 

The second style is a sweet wine with fruity notes, offering enough balance for pizzas with more heft, like a classic pizza Margherita. 

Lastly, there is a “sweet and savory” red wine that is bold enough to stand up to robust toppings like sausage and prosciutto.

Who Is The Founder Of Pie Wine?

Pie Wine was co-created by Josh Green and Kevin Klein. The pair have been friends for over 30 years, with a love of pizza integral to their relationship. 

Green and Klein were driven to craft wine specifically for pizza after undertaking an “international quest” for the perfect pizza pairing and being dissatisfied.

While the Pie Wine founders are fresh faces on Shark Tank, Klein already has a notable media presence. He co-hosts the Klein/Ally Show every weekday from 5-10 a.m. on KROQ, a Greater Los Angeles radio station where Pie Wine is also headquartered. 

Klein has a penchant for dreaming up wild inventions, with past ideas including pizza soup, TOEsters (coasters for your feet), and disposable clothing for Benihana diners. 

For his part, Green brings a perspective more akin to the Shark Tank hosts. An alumnus of the University of Miami Herbert Business School and School of Law, he spent years working in investment analysis, including as an Investment Banking Analyst at Merrill Lynch. 

Green’s experience will help formulate a profitable yet realistic deal to ask from the Sharks.

Before appearing on Shark Tank, Pie Wine had already made a mark for itself. The company was founded in 2022 and gained attention with its unique concept of crafting wine designed to complement different pizzas. 

Pie Wine had also established its presence by offering three varieties of wine – classic red wine, dry white wine, and signature sweet wine “Sweet Za,” each intended to pair with a broad range of pizza flavors. 

The company had carefully sourced its ingredients from California’s world-renowned vineyards, emphasizing the importance of the region’s grapes in shaping the final flavor profile of its wines. 

Pie Wine had already made its products available for purchase on its website, setting the stage for its Shark Tank debut.

How Was The Shark Tank Pitch Of Pie Wine?

During their pitch on Shark Tank Season 15, Kevin Klein and Josh Green presented their canned wine brand, PIE Wine. 

They emphasized that pizza pairs best with a sweet and slightly bubbly wine like Lambrusco, the inspiration behind their company tagline, “Born in Italy, Perfected in California.”

The entrepreneurs offered a deal of $200,000 for 7.5% equity in their business. However, none of the Sharks made an offer for PIE Wine.

Mark Cuban acknowledged that the product was great but had a conflict of interest as he owned BeatBox Beverages. 

Kevin O’Leary loved the product but was launching his line, so he declined to invest. 

Daymond John felt uncertain about adding value and didn’t make an offer. 

Lori Greiner believed it was too early to invest, and Candace Nelson thought the product was fun but too niche for her.

To salvage the situation, Josh offered to all the Sharks: if they were unsatisfied with the deal, the partners would buy them out after one year. However, despite their efforts, the Sharks still declined to invest in PIE Wine.

Ultimately, Kevin and Josh left the Shark Tank without a deal. The update after the show mentioned that PIE Wine was still in business and was doing well. 

They had distribution in eight states and had already secured commitments from distributors amounting to $300,000-$400,000. They were also in talks with distributors in 18 other states.

Although there wasn’t much information about sales or if their products had become retailers, PIE Wine’s website offered their beverages for purchase. The website mentioned potential delays in shipping due to pre-sale orders.

Here are the Sharks views about the Product and investment offered by them:

  • Mark Cuban: He likes the product but has a conflict of interest with his own beverage company, BeatBox Beverages. He is out.
  • Daymond John: He is unsure how he could add value and feels there are too many competitors in the market. He is out.
  • Lori Greiner: She feels it is too early for her to invest and decides to pass. She is out.
  • Candace Nelson (Guest Shark): She thinks the product and branding are fun but considers it too niche for her. She is out.
  • Kevin O’Leary: He loves the product and believes the market for sparkling wines is expanding. However, he is launching his own line, so he decides not to invest. He is out.
SharkInvestment OfferedCounter Offer by FoundersFinal Deal Accepted by Founders
Mark CubanNoneN/AN/A
Daymond JohnNoneN/AN/A
Lori GreinerNoneN/AN/A
Candace NelsonNoneN/AN/A
Kevin O’LearyNoneN/AN/A

Ultimately, the Shark Tank pitch for PIE Wine did not result in a deal, but the founders remained hopeful and focused on growing their business. The update provided no information on a final deal or investment received outside the show.

Did Pie Wine Get a Deal on Shark Tank?

Pie Wines did not get a deal on Shark Tank. Despite having distribution in 8 states and projecting $6.5 million in sales by the end of the year, Kevin Klein and Joshua Green walked away without a deal. 

Kevin O’Leary was the first to bow out as he worked on his sparkling wine line. Mark Cuban cited a conflicting beverage company as his reason for not investing. 

Daymond John cited a crowded market, Lori Greiner questioned the branding, while Sprinkles Cupcakes co-founder Candace Nelson felt the product was too niche. 

Pie Wines did not secure an investment from any Sharks on the show.

Also read, Gatsby Chocolate Shark Tank Update | Gatsby Chocolate Net Worth

What Happened To Pie Wine After Shark Tank?

After appearing on Shark Tank, Pie Wine did not secure a deal from the Sharks. However, the exposure gained from being on the show proved highly beneficial for the company. 

An estimated 3.5 million people tuned in to watch the episode, providing Pie Wine with significant free advertising worth millions of dollars.

Following their appearance on Shark Tank, Pie Wine experienced a surge in interest and demand for their product.

Before the show, they only accepted pre-orders, but they were well-prepared for the increased exposure and could stock up to adequately meet the rising demand.

Pie Wine is exclusively available for purchase on their website, PieWine.com. However, the company has made notable strides in expanding its distribution. 

They have partnered with C.A. Fortune, a renowned sales and marketing agency, to reach customers in 40 states nationwide.

Pie Wine has also teamed up with NewLine Beverage, a wholesale beverage distributor specializing in helping brands scale to facilitate their expansion further. 

This partnership will assist Pie Wine in getting its unique product design noticed on store shelves and reaching a wider customer base.

At present, Pie Wine offers three flavors of canned wine: Sweet Za (Sweet White), World Famous Red (Red Wine), and Classic Crisp (White Wine). These flavors have been specifically formulated to complement the taste of different types of pizza.

In terms of pricing, customers can purchase 4-packs of 12-ounce cans for $20 or 12-packs for $60. While there are currently no customer reviews on their website, Pie Wine’s unique concept and flavors have garnered consumer attention and interest.

Although Kevin Klein and Josh Green did not have extensive entrepreneurial experience before founding Pie Wine, their innovative idea and passion for pizza have propelled them forward. 

Kevin’s media connections and celebrity friends also contribute to keeping Pie Wine in the spotlight.

Considering the company’s successful post-Shark Tank period, seeing how Pie Wine continues to grow and expand its market presence will be exciting.

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Pie Wine Shark Tank Update

After appearing on Shark Tank Season 15, Episode 1, Pie Wine gained significant attention and exposure for its unique concept of creating a wine specifically crafted to complement pizza. 

While the company did not receive an investment from the Sharks, the appearance on the show helped Pie Wine expand its footprint and reach food and wine enthusiasts across the United States.

The exposure on Shark Tank was a pivotal moment for Pie Wine, spreading awareness and sparking interest in this innovative wine designed for pizza lovers. 

The concept of Pie Wine, inspired by the founder’s love for pizza and wine, captured the viewers’ hearts as he presented the beverage’s potential to enhance the pizza dining experience.

Pie Wine Shark Tank Update | Pie Wine Net Worth

Although the show’s investors did not invest in Pie Wine, the positive response from the Sharks bolstered the company’s confidence in its venture. 

The dedicated team behind Pie Wine continued to prioritize creating a balanced yet flavorful drink that appeals to a wide range of taste buds.

Pie Wine quickly garnered praise for its carefully crafted flavor profile, designed to complement the taste of pizza. The wine’s unique blend includes various varietals, including Sangiovese, Zinfandel, and Petite Sirah. 

With a subtle backbone of acidity and medium body, Pie Wine delivers an ideal balance of fruit and tannin flavors. This combination highlights the savory and cheesy pizza notes, creating a harmonious dining experience.

Since appearing on Shark Tank, Pie Wine has grown and made waves in the wine industry. The company expanded its presence through its website and various platforms like social media, reaching food and wine enthusiasts nationwide.

The public reaction to Pie Wine has been largely positive, with consumers appreciating the innovative concept, enticing flavor profile, and delightful packaging. 

The brand’s creative packaging, including a custom-designed box shaped like a pizza slice, has captivated customers and made it a popular conversation starter.

Regarding financials, Pie Wine’s net worth is stated to be $2.5 million. However, further details about the company’s financial performance after appearing on Shark Tank are not provided in the given information.

Pie Wine’s appearance on Shark Tank brought significant attention to the brand and helped it establish a presence in the market.  By offering a fresh and interesting spin on the traditional concept of food and wine pairing, Pie Wine continues to make strides within the wine industry and inspires wine enthusiasts and casual drinkers alike to explore creative pairings that enhance their favorite meals.

Also read, Gently Soap Shark Tank Update | Gently Soap Net Worth

Is Pie Wine Still In Business?

Yes, Pie Wine is still in business. The company was founded in early 2022 by Kevin Klein and Josh Green. Despite not securing a deal on Shark Tank, Pie Wine continues to operate. 

Currently headquartered in Los Angeles, California, the company has a team of three people working on its operations. 

The product, a sweet sparkling wine designed to complement pizza, is available in three flavors: Crisp White Wine, Sweet Za Wine, and Red Wine. 

Pie Wine has faced challenges in its journey, but it has successfully launched its product in the market and has made distribution commitments in multiple states. 

The company’s net worth is estimated to be around $2.5 million, and it operates within the competitive beverage industry, estimated to be worth $64.38 billion in the United States. 

Despite facing competition, Pie Wine’s popularity was evident when all its wines were sold out within four days after their appearance on Shark Tank. The product was restocked shortly after. 

Pie Wine’s beverages are currently available for purchase, and the company is still actively running its business.

What Is the Net Worth Of Pie Wine?

According to our research, the net worth of Pie Wine is estimated to be $2.5 million. The valuation of Pie Wine, as presented by its founder when they appeared on Shark Tank, was $2.67 million.

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