Yum Crumbs Shark Tank Episode 7 Update & Net Worth
Yum Crumbs Shark Tank Episode 7 Update & Net Worth Yum Crumbs, a business specializing in dessert toppings made from crumbs, gained nationwide attention when it appeared on Shark Tank Season 15, Episode 7. The company, founded by Delson Jeanvilma, offers a variety of over 20 delicious toppings, including options that are gluten-free and sugar-free….
Yum Crumbs Shark Tank Episode 7 Update & Net Worth
Yum Crumbs, a business specializing in dessert toppings made from crumbs, gained nationwide attention when it appeared on Shark Tank Season 15, Episode 7. The company, founded by Delson Jeanvilma, offers a variety of over 20 delicious toppings, including options that are gluten-free and sugar-free.
During their appearance on Shark Tank, Delson and his team sought a $100,000 investment in exchange for 10% equity, valuing the business at $1 million. After a heated negotiation, Daymond John and Barbara Corcoran teamed up to invest $100,000 for 20% equity. As of May 2024, Yum Crumbs’ net worth is estimated at $2.2 million.
What is Yum Crumbs? How Does it Work?
Yum Crumbs is a dessert topping business that creates unique toppings made from crumbs, offering a creative twist on traditional dessert garnishes.
Their product line includes over 20 different flavors, with seasonal offerings like Santa Claus Toppings, Candy Cane, and Gingerbread, as well as year-round favorites like Maple Bacon Dessert Topping.
They also sell complementary items such as skinny tumblers and sour powder. Customers can purchase these toppings in various sizes, with a 12oz pack priced at $12.99, a 32oz pack on sale for $29.99, and a 64oz pack for $44.99. The company also offers a sample pack of 26 flavors for $19.99 and provides a 15% discount on subscriptions.
Yum Crumbs Shark Tank Episode 7 Season 15: What Happened at Shark Tank Pitch?
During their pitch on Shark Tank, Delson Jeanvilma and his brother Zayden asked the Sharks for $100,000 for 10% equity in Yum Crumbs. They showcased their wide range of flavors and highlighted the company’s impressive sales trajectory, which included $220,000 in sales in 2020, $575,000 in 2021, and $462,000 in 2022.
By 2023, the business had already achieved $505,000 in sales and was on track to close the year with $900,000 in total sales, generating a projected profit of $200,000.
The pitch attracted multiple offers, with Daymond John initially proposing $100,000 for 25% equity, and Kevin O’Leary countering with $100,000 for 20% equity. After some back-and-forth, Daymond teamed up with Barbara Corcoran to offer $100,000 for 20% equity, a deal that Delson accepted.
Yum Crumbs Shark Tank Pitch Summary
| Company Name | Yum Crumbs |
| Founder | Delson Jeanvilma |
| Product | Dessert Topping crumb |
| Amount Asked For | $100,000 for 10% equity |
| Final Deal | $100,000 for 20% equity |
| Investor | Barbara Corcoran, Daymond John |
| Season & Episode | Season 15, Episode 7 |
| Lifetime Sales | $1.7 million (estimated) |
| Business Status | In Business |
| Current Net Worth | $2.2 million |
What Happened to Yum Crumbs After Shark Tank?
After securing a deal on Shark Tank, Yum Crumbs experienced a significant boost in visibility and sales. The exposure from the show brought the product to millions of viewers, resulting in a surge of orders.
The partnership with Barbara Corcoran and Daymond John provided Delson with the necessary resources and mentorship to scale his business, improve production efficiency, and expand their product line. The company continues to grow and innovate in the dessert toppings market.
How Much Is Yum Crumbs Worth?
As of May 2024, Yum Crumbs is valued at approximately $2.2 million. This valuation is based on the company’s strong sales growth since its inception in 2020 and the strategic investment and guidance from Barbara Corcoran and Daymond John.
Despite the challenges of starting a business during the COVID-19 pandemic, Delson’s persistence and innovation have paid off, making Yum Crumbs a successful venture in the competitive food industry.
Is Yum Crumbs Still in Business?
Yes, Yum Crumbs is still in business as of May 2024. The company operates out of its headquarters in Edgewater, Florida, and continues to thrive in the market. With the continued support of Barbara Corcoran and Daymond John, Yum Crumbs is expanding its distribution channels and exploring new product offerings to keep up with growing demand.
Which Episode & Season Number Was Yum Crumbs Shark Tank?
Yum Crumbs appeared on Shark Tank during Season 15, Episode 7, which aired on November 17, 2023. The episode marked a pivotal moment for the company, securing a deal that has propelled its growth and success.
Yum Crumbs appeared on Shark Tank in Season 15, Episode 7, where Delson sought $100,000 for 10% equity in the business. The pitch was well-received, leading to a deal with Barbara Corcoran and Daymond John, who offered $100,000 for 20% equity. Delson countered their initial offer of 25%, and the Sharks accepted the revised terms.
The company had achieved impressive sales figures, reporting $1.7 million in lifetime sales and projecting an additional $900,000 by the end of 2023, thanks to partnerships with retailers and a strong online presence.
