Wildwonder Net Worth 2023 – What Happened After Shark Tank
If you’ve heard of wildwonder, you’ll know that there is more than meets the eye in this healthy beverage.
Season 14 of Shark Tank came with many successes and failures, but that was different for CEO and founder Rosa Li.
This girl boss went onto the show seeking a new and enthusiastic business partner so let’s see if she managed to catch a shark in the tank. Continue reading for more!
What Is Wildwonder?
Wildwonder is a healthy prebiotic beverage designed to aid in digestive issues, brain health, and more.
Not only is it vegan, but it is also high in plant fiber, making it the perfect sparkling drink for all dietary needs.
This quencher comes in 5 flavors and has a nutritional count of 6g sugar, 0g protein, and 0g fat.
Each can sells for an estimated $3,5 and is even cheaper if you join their subscription!
The idea behind the subscription is to take 5% of the profits to empower those in Marginalized Communities and Women. Who doesn’t love this company already?
The beverage is available in multiple retail stores, including Sprouts, Goods Mart, Amazon, and The Fresh Market.
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Who Is The Owner?
Rosa Li, CEO, and founder of Wildwonder, graduated with her MBA master’s degree from Stanford University Graduate School of Business.
Wildwonder was created in 2018; however, it was only officially launched in 2020. Unfortunately, the sales were significantly affected due to the pandemic and only picked up again after a complete rebrand in 2021.
Li worked hard to gain a social media presence for her company and get the beverages known out there. In September of 2021, Rosa managed to raise a whopping $2.1 million in funding – helping her take the company nationwide.
What Happened During The Pitch?
Rosa Li entered the tank seeing an investment of $500,000 for 5% equity of her business.
Li started the pitch by explaining her background and how she grew up learning from her grandmother how food can be used as medicine.
Rosa went on to review the finances of the company. In the first three months of the brand’s launch, the beverages were available in over 200 stores, and as of 2022, the total revenue was $1.4 million, with the hopes to go up by an additional $1 million that year.
Kevin didn’t like the small 5% equity, and Lori believed Li was in too big of a market, so they both were out. Although Mark Cuban loved the Strawberry Passion flavored beverage, she also pulled out.
Barbara Corcoran mentioned she had little success with the beverage businesses she’s invested in, so she pulled out.
The only shark left was Tony Xu, who went in and offered Li $500K for 9% equity. Brave Rosa Li went in with a counteroffer of $500K for 6% equity, to which he agreed!
The Investment
Rosa Li requested a $500,000 investment for only 5% equity.
All the sharks pulled out except for Tony Xu, who came to a mutual agreement with Li and offered $500K for 6% equity.
Conclusion
Rosa Li focuses on growing her brand for the year ahead alongside her new business partner, Tony Xu.
You can shop her products on Amazon, on their website www.drinkwildwonder.com or in selected retail stores.
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