Yumble Shark Tank Update | Yumble Net Worth

Yumble, a kid-focused meal delivery service that appeared on Season 10 of Shark Tank, has been carving a niche in the competitive meal kit market. Yumble is designed to offer a practical solution for busy parents who find it challenging to prepare healthy, kid-friendly meals daily.

Yumble brings a range of pre-prepared, nutritious, and fun meals to your doorstep, taking the hassle out of meal planning, grocery shopping, and cooking.

The company’s menu includes a variety of dishes that appeal to young taste buds while keeping health and nutrition in mind. The meals, crafted by nutritionists and professional chefs, ensure a balance of vegetables, proteins, and carbohydrates tailored to children’s dietary needs.

Yumble is a good choice for families for several reasons. First, it provides a practical solution to parents’ daily struggle when preparing healthy meals for their children. Second, it simplifies meal planning and eliminates the need for grocery shopping, thus saving time.

Yumble makes eating fun for kids, which can help encourage them to eat healthier meals. It’s more than just a meal delivery service; it’s a complete mealtime solution designed to make parents’ lives easier and children’s diets healthier.

Company NameYumble
EntrepreneurDavid Parker and Joanna Parker
ProductKids’ food subscription service that provides healthy meals 
Investment Asking For500,000 for 4% equity in Yumble
Final Deal500,000 for 6% equity in Yumble
SharkBethenny Frankel
Episode Season 10, Episode 8
Business StatusIn Business
WebsiteYumble Website
Net Worth$25 Million

What Is Yumble?

Yumble is a meal delivery service catering specifically to children. It offers a broad range of fun and nutritious meals ready to eat, saving parents the time and hassle of cooking. 

Yumble was founded to help parents reduce the stress and time involved in preparing meals for their kids. They achieve this by delivering ready-to-eat meals to your doorstep.

Yumble Net Worth | Yumble Shark Tank Update

Here’s what makes Yumble unique:

  • They provide meals specifically designed for kids aged 1-12.
  • Nutritionists and chefs develop the meals to ensure they’re balanced and kid-friendly.
  • They offer flexible subscriptions with options to choose how many meals you want per week.
  • The meals are delivered weekly in eco-friendly packaging.

They aim to make mealtime less stressful for parents while ensuring kids enjoy healthy and tasty food. Some key features of Yumble’s service include:

  • Nutritious Meals: Yumble’s meals are kid-friendly and nutritionally balanced. They use whole grains, lean proteins, fruits, and vegetables. They do not use any artificial ingredients, preservatives, or trans fats.
  • Flexible Subscriptions: Yumble offers several subscription options to suit different family needs. You can choose from 6, 12, or 24 meals per week.
  • Menu Variety: You can choose from a rotating menu of about 20 weekly meals. This ensures your child doesn’t get bored eating the same meals repeatedly.
  • Interactive Experience: Each delivery comes with fun activities for kids to enjoy. This could be anything from games to trivia cards, making mealtime more engaging.
  • Environmentally Conscious: The company is committed to sustainability. They use recyclable and compostable packaging materials.

By subscribing to Yumble, you can ensure your kids are eating well while saving yourself the effort of meal planning and preparation.

Who Is The Founder Of Yumble?

Yumble was founded by Joanna Parker, a mother of three, who understands firsthand the struggles of getting kids to eat healthy meals. Before starting Yumble, Joanna was a stay-at-home mom who had previously worked in event planning.

Her experience in organizing, coordinating, and creating experience-oriented events was a valuable asset in founding her company. The idea for Yumble came from Joanna’s personal experience as a busy mom trying to balance nutritious meals and her children’s preferences.

She recognized the difficulty of constantly coming up with kid-friendly meal ideas that were also healthy and the additional challenge of finding the time to prepare these meals.

Faced with these challenges, she was inspired to develop a service that could deliver pre-prepared, healthy, and tasty meals for kids straight to parents’ doorsteps. She realized that such a service could be a lifesaver for many parents who face the same struggles.

Before appearing on Shark Tank, Yumble had made substantial progress and achieved significant growth. The company had successfully attracted an initial round of investors and had established a solid customer base, delivering thousands of meals every week across the East Coast of the United States.

Yumble’s growth was fueled by its proposition in the meal delivery market, focusing solely on providing kid-friendly, healthy meals, a relatively untapped industry segment.

Their appearance on Shark Tank aimed to expand their visibility, attract strategic partnerships, and secure further investment to fuel their continued growth and national expansion.

How Was The Shark Tank Pitch Of Yumble?

Joanna and David Parker, the husband-and-wife team behind Yumble, made a compelling pitch on Shark Tank for their kid-focused meal delivery service. They were seeking an investment of $500,000 for a 4% equity stake in their company, reflecting a high company valuation of $12.5 million.

The presentation started with Joanna outlining the problem their product solved – the daily struggle for working parents to prepare nutritious meals for their children.

They showcased their product, explaining how the service provides healthy, ready-to-eat meals in less than 60 seconds, with a weekly rotating menu of 22 meal options.

Each meal kit costs between $6.99 and $7.99 and includes the meals, a welcome packet, collectible items, and delivery costs. 

The Sharks had mixed reactions to the product and the company. Kevin O’Leary, Mark Cuban, and Rohan Oza raised concerns about the competitive landscape, particularly with Amazon’s acquisition of Whole Foods and other meal kit delivery services.

They stressed the importance of a strategic retail marketing plan and the potential challenges of customer acquisition and retention in the face of growing competition. Despite these reservations, O’Leary and Cuban eventually decided not to invest.

Guest Shark Bethenny Frankel, on the other hand, saw the product’s potential differently. She likened Yumble more to a Lunchables alternative rather than a typical meal kit service, emphasizing its convenience for parents and appeal to kids.

Seeing its immense social media marketing potential, she offered $500,000 for a 15% equity stake in the company, significantly higher than the original 4% the Parkers offered.

Rohan and Lori Greiner also saw potential in Yumble, acknowledging the challenges but expressing interest in the business nonetheless. They offered $500,000 for a 12% stake in the company. 

Faced with multiple offers, the Parkers found themselves in a predicament. After some deliberation and impatience from Frankel, they accepted her offer, which she subsequently reduced to 6% equity. Despite the excitement and agreement on the show, the deal with Frankel did not close after the show. 

The Yumble brand thrived regardless of what happened on Shark Tank. It found other investors and is generating nearly $10 million in gross revenue per year, making it one of the success stories from Season 10 of Shark Tank.

What Happened To Yumble After Shark Tank?

The business continued to prosper after Yumble’s appearance on Shark Tank despite the initial investment deal with Bethenny Frankel not materializing. Joanna and David Parker’s kid-centric meal delivery service demonstrated resilience and adaptability, securing other investors to aid in the growth and expansion of their business.

Yumble has seen impressive success, nearing $10 million in gross revenue annually. They continue to offer various meals for kids, including the chicken pops showcased on Shark Tank, along with new items like pierogies and butternut squash stuffed shells.

This extensive variety of offerings has proven popular among their target demographic, reflecting their commitment to providing wholesome, nutritious meals that cater to children’s dietary needs and preferences.

Joanna Parker further bolstered Yumble’s credibility by obtaining a certification as a Youth Nutrition Specialist from the American Academy of Family Physicians (AAFP) in 2019.

She used this certification to inform new menus for Yumble, ensuring the offerings are tasty, nutritionally balanced, and beneficial for young customers. 

Despite the challenges in the competitive landscape of meal delivery services, particularly with the evolving business models of giants like Amazon, Yumble has managed to carve out a niche.

Their focus on kid-friendly, nutritious, and convenient meals has set them apart in the market, allowing them to continue their success story post their Shark Tank appearance.

Yumble Shark Tank Update

Yumble, the meal delivery service that focuses on providing pre-packed, healthy meals for children, has seen significant growth and success since its appearance on Shark Tank’s Season 10.

However, some customers have mentioned limited menu options and meal plans as a downside. Also, the price point is higher than some other meal delivery services.

Yumble Net Worth | Yumble Shark Tank Update

Despite not securing a deal on Shark Tank, Yumble expanded its services to all 50 US states and is dedicated to providing healthy and customizable meal options for busy families.

Customer reviews have been mixed, but Yumble remains committed to improving its service, using fresh ingredients prepared by professional chefs in a licensed kitchen.

General Mills also introduced Yumble as a direct-to-consumer delivery service, focusing on relieving back-to-school lunch and snack prep stress for parents.

The service offers various family-favorite foods with over 2,800 customizable combinations for personalized lunch kits, showcasing the company’s dedication to providing appealing and nutritious meals for kids.

Despite these minor setbacks, Yumble continues to thrive in the industry. Their mission to make mealtime easier for busy families resonates with many customers, and their emphasis on nutritious meals has been met with approval.

Currently, Yumble’s net worth is around $25 million, not including investments from Sharks on the show. The future looks promising for Yumble as they continue to grow in the meal delivery market, providing healthy and convenient meal solutions for busy families.

Yumble continues to operate and grow its meal delivery business, providing a stress-free and healthy mealtime experience for busy parents and their children.

Is Yumble Still In Business?

Yes, Yumble is still in business. Yumble continues to operate and grow its meal delivery service, offering nutritious and convenient meals for children.

The company received significant funding from venture capitalists and investors, highlighting its growth potential and success in the meal delivery industry.

What Is the Net Worth Of Yumble?

According to our research, the net worth of Yumble is estimated to be $25 million. The valuation of Yumble was $8.33 million after securing an investment from Bethenny Frankel on Shark Tank.

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