The Ice Cream Canteen Shark Tank Net Worth

The Ice Cream Canteen is a vacuum-insulated container designed to keep ice cream frozen for hours, making it the perfect solution for those who want to enjoy their favorite frozen treat while on the move.

Created by Jordan Stern, this innovative product was born out of his desire to find a way to keep ice cream chilled during his travels. The Ice Cream Canteen is designed with a stylish and durable exterior, featuring a no-slip grip for easy transportation.

The container has a capacity of up to 16 ounces, allowing users to either scoop ice cream directly into it or use pint-sized containers. Its air and water-tight seal, along with the insulated cap, ensure that the contents remain fresh and safe.

The secret to The Ice Cream Canteen’s effectiveness lies in its vacuum-insulated design. This technology prevents heat transfer, keeping the cold temperature locked inside the container.

As a result, ice cream stays frozen for hours, allowing users to enjoy their favorite dessert whenever and wherever they please.

Not only does The Ice Cream Canteen excel in functionality, but it also offers customization options. Customers can personalize their canteens, making them unique and reflective of their style.

Additionally, the company has partnered with several ice cream shops across the United States, further expanding its reach and allowing customers to enjoy their favorite ice cream flavors in The Ice Cream Canteen.

The Ice Cream Canteen features a sleek design, reliable insulation, and customization options to meet the needs of ice cream enthusiasts on the go. You can enjoy ice cream anywhere, whether you are traveling, camping, or simply want to enjoy it outside of the traditional setting.

Say goodbye to melted ice cream and hello to a delightful and portable ice cream experience with The Ice Cream Canteen.

Company Name	Ice Cream Canteen
Founder	Jordan Stern
Product	Ice cream container that keeps it frozen
Investment Seeking	$100,000 for 5% equity
Final Deal Accepted	$100,000 cash for 20% equity + $200,000 line of credit
Shark Name	Lori Greiner and Mark Cuban
Episode	Season 14, Episode 18
Business Status	In Business
Website	Visit Website
Net Worth	$1 million (estimated)

What Is The Ice Cream Canteen?

The Ice Cream Canteen is a vacuum-insulated container designed specifically for keeping pints of ice cream frozen for an extended period. It is the world’s first container of its kind and can keep ice cream frozen for up to 4 hours.

The container fits any standard pint shape perfectly and is made with premium vacuum insulation to prevent melting. It is a convenient solution for ice cream lovers who want to enjoy their favorite treat anywhere, even without access to a freezer.

The Ice Cream Canteen can also be used as an accessory for coolers, as it can keep the pint frozen for up to 8 hours when stored in a cooler with ice. It comes in various colors, including Coconut White, Mint Chip Green, Stainless Steel, Blueberry Blue, and Strawberry Pink.

The Ice Cream Canteen has received positive reviews from customers who have found it to be a wonderful gift and a great product for enjoying ice cream on the go.

Who Is The Founder Of The Ice Cream Canteen?

The founder of The Ice Cream Canteen is Jordan Stern. During a road trip in 2017, he was inspired by the functionality and convenience of a coffee thermos and came up with the idea for The Ice Cream Canteen.

After two years of rigorous research, development, and testing, the innovative vacuum-insulated container designed to hold a pint of ice cream became a reality.

Before appearing on Shark Tank, The Ice Cream Canteen gained significant attention and support. It raised over $120,000 on Kickstarter, showcasing the strong interest and demand for this unique product.

The canteen’s vacuum-insulated design allows users to enjoy ice cream anywhere while keeping it frozen for hours. It is compatible with any conventional paper pint shape, whether it is a 16oz or 14oz pint size.

The Ice Cream Canteen is not only a portable ice cream container but also an insulated koozie that keeps hands warm while keeping ice cream cold. Its drop-in design makes it perfect for various occasions like picnics, barbecues, beach trips, and more.

When placed inside a regular cooler, it can extend the freezing time of ice cream for up to twice as long, providing up to 4 hours of insulation on its own or 8 hours when paired with a cooler.

The canteen features a water-tight seal and an insulated cap to ensure the contents remain frozen and secure. Its exterior has a powder coating and a non-slip grip, making it easy to handle and transport.

The Ice Cream Canteen offers a lifetime warranty, providing customers with peace of mind and the ability to enjoy their frozen treats worry-free.

In addition to its functionality, The Ice Cream Canteen also offers custom printing options for those looking to promote their brand. It partners with local ice cream shops to create co-branded canteens tailored to their unique identity.

The company provides options like laser engraving, screen printing, and pad printing, with wholesale pricing available for larger orders.

The Ice Cream Canteen is committed to sustainability and has obtained a Climate Neutral Certification. The company offsets all of its emissions and constantly works to reduce and refine its business practices, from suppliers to manufacturing and shipping.

This dedication to environmental responsibility sets The Ice Cream Canteen apart and aligns with the values of many consumers.

The Ice Cream Canteen, created by Jordan Stern, is a portable and innovative solution for enjoying ice cream on the go. Its vacuum-insulated design, compatibility with pint containers, and ability to keep ice cream frozen for hours make it the perfect companion for all ice cream-loving adventures.

How Was The Shark Tank Pitch Of The Ice Cream Canteen?

The founder of the Ice Cream Canteen, Jordan Stern, appeared on Shark Tank Season 14 to pitch his innovative ice cream storage container. Jordan was seeking a $100,000 investment in exchange for 5% equity in his business.

During the pitch, Jordan showcased the Ice Cream Canteen, a storage container designed to keep ice cream frozen for hours. The product had the option to pre-chill the canteen, although it was not necessary to maintain the ice cream’s cold temperature.

The Sharks, Mark Cuban and Lori Greiner expressed their interest in the product. They offered Jordan a deal of $100,000 for 25% equity in the business. In addition, they proposed an extra $100,000 as a line of credit.

However, Jordan countered their offer, requesting 15% equity instead. The Sharks responded by increasing their equity stake to 20% and maintaining the $100,000 line of credit. Jordan accepted this final offer from Mark Cuban and Lori Greiner.

Here is a summary of the Shark Tank pitch for the Ice Cream Canteen:

During the Shark Tank pitch of the Ice Cream Canteen, the Sharks had varying views about the product. Here is a summary of their opinions:

1. Mark Cuban: Mark Cuban expressed interest in the Ice Cream Canteen and saw potential in the product. He believed in its ability to keep ice cream frozen for extended periods and recognized its value. Mark Cuban ultimately made an investment offer to support the business.
2. Lori Greiner: Similar to Mark Cuban, Lori Greiner also saw the value in the Ice Cream Canteen. She recognized its uniqueness and potential in the market. Lori Greiner teamed up with Mark Cuban to make a joint investment offer to the founder.
3. Kevin O’Leary: Kevin O’Leary liked the product and was interested in making an offer. However, his offer differed from Mark Cuban and Lori Greiner’s proposal. Ultimately, Kevin O’Leary did not reach an agreement with the founder.
4. Daymond John: Daymond John had a different opinion about the company’s valuation and expressed his concerns during the pitch. He criticized the valuation and ultimately decided not to invest in the Ice Cream Canteen.

Shark’s Name	Investment Offered	Counter Offer by Founder	Final Deal Accepted
Mark Cuban	$100,000	15% equity	No
Lori Greiner	$100,000	15% equity	No
Mark Cuban	$100,000	20% equity	Yes
Lori Greiner	$100,000	20% equity	Yes

Jordan Stern successfully secured a deal on Shark Tank Season 14 for his Ice Cream Canteen. He accepted an investment of $100,000 for 20% equity and an additional $100,000 line of credit from Mark Cuban and Lori Greiner.

This partnership has helped the Ice Cream Canteen gain popularity and expand its sales channels on platforms like Amazon and the company’s website.

Did The Ice Cream Canteen Get a Deal on Shark Tank?

Yes, The Ice Cream Canteen did receive a deal on Shark Tank. Founder Jordan Stern appeared on Season 14, Episode 18 of Shark Tank to pitch his product. He asked for $100,000 for 5% equity, valuing the company at $2 million.

After a negotiation process, Lori Greiner and Mark Cuban made a final offer of $100,000 cash and a $200,000 line of credit in exchange for 20% equity in The Ice Cream Canteen. Jordan accepted this deal, and the partnership was made.

This successful deal helped the company gain significant sales and popularity, with their products quickly selling out after the episode aired. The Ice Cream Canteen is still in business and is available for purchase.

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What Happened To The Ice Cream Canteen After Shark Tank?

After appearing on Shark Tank, The Ice Cream Canteen received an investment from Mark Cuban and Lori Greiner. They offered $100,000 in cash and $100,000 in credit in exchange for a 25% equity split between them.

Eventually, Jordan Stern accepted their offer, and The Ice Cream Canteen became one of the successful food products on the show.

Following the episode, the product initially received mixed reception online due to its retail cost of $44.99. However, positive reviews and endorsements from the Sharks helped promote the canteens.

The episode aired on March 31, 2023, and the product sold out online. The company restocked and resumed taking orders by June 2023.

The Ice Cream Canteen has gained media attention and positive reviews from satisfied customers. This has helped increase sales and interest in the product.

They have also been exploring partnership opportunities with retailers and ice cream brands to boost visibility and sales further.

The key features of the Ice Cream Canteen include double-wall vacuum insulation, stainless steel construction, an integrated topping compartment, portability, and availability in multiple sizes.

Fortunately, The Ice Cream Canteen is still in business and continues to sell its canteens in various colors. Lori Greiner actively promotes the product on her website and social media channels.

The company has also addressed concerns about the price by offering regular sales, free shipping promotions, and lifetime warranties.

The Ice Cream Canteen can be purchased from their website, as well as on Amazon and Uncommon Goods. They have also partnered with artisanal ice cream manufacturers to create customized canteens featuring their logos.

As for the future, The Ice Cream Canteen seems focused on improving its flagship product. While there haven’t been any announcements about developing larger ice cream containers, the success of their pint-sized product may lead to expansion in the future.

In the meantime, customers are encouraged to scoop their favorite ice cream directly into the container for a frozen treat on the go.

The Ice Cream Canteen received an investment from Mark Cuban and Lori Greiner on Shark Tank. Since then, they have improved their product, gained media attention, and explored partnership opportunities, resulting in continued growth and success in the market.

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The Ice Cream Canteen Shark Tank Update

After appearing on Shark Tank, the Ice Cream Canteen experienced a significant boost in sales. The founder, Jordan Stern, secured a deal with Lori Greiner and Mark Cuban.

They invested $100,000 cash and provided a $200,000 line of credit in exchange for a 20% equity stake in the company. This influx of funds allowed the Ice Cream Canteen to expand its production and meet the increased demand.

Following the episode’s airing, the Ice Cream Canteen quickly sold out of its products within a few months. This surge in sales demonstrated the product’s popularity and success.

The company restocked its vacuum-insulated containers on June 22, 2023, and they are currently available for purchase.

The Ice Cream Canteen continues to operate and is still in business with a net worth of $1 million. The company’s headquarters is located in the San Francisco Bay Area, California, United States.

Although there are limited reviews on Amazon, most of them are positive, indicating customer satisfaction with the product.

Since its establishment in December 2018, the company has been running successfully. With its innovative solution for keeping ice cream frozen, the Ice Cream Canteen has gained popularity among consumers. The container is priced at $44.99 and is available in five different colors.

The Ice Cream Canteen’s appearance on Shark Tank provided a significant boost to its business, leading to increased sales and expanded production capabilities.

The company continues to thrive in the market, offering a unique solution for enjoying frozen treats on the go.

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What Is the Net Worth Of The Ice Cream Canteen?

According to our research, The net worth of The Ice Cream Canteen is estimated to be $1 million. The valuation of The Ice Cream Canteen was $500,000 after securing an investment from Lori Greiner and Mark Cuban on season 14 of Shark Tank.