Tate Koenig tried to get a deal for a different company on a previous season of Shark Tank but failed. He came back during Season 14 to try to get a deal for his new product, the Pizza Pack.
Tate wanted to sell 10% of his business in exchange for $100,000 from the sharks. Let’s check to see if Tate’s second chance is right and get a report on Pizza Pack.
Pizza Pack: What do they do and who are they?
Tate Koenig came up with the idea for Pizza Pack. Koenig is known for coming up with new goods and has been on “Shark Tank” before with his Cheese Chopper. Through Pizza Pack, he solves a problem that most American homes have had for a long time: how to store pizza efficiently.
One of the most popular ways to store pizza is in the box it came in. The huge boxes, on the other hand, often take up too much space in the fridge.
Another thing is that not all containers on the market keep pizza from getting soggy. There you have it! Pizza Pack’s collapsible pizza container is exactly what you need to solve your pizza storing problems.
The box comes with five divider trays that can be heated in the microwave and can hold up to five 18-inch pizza slices. These plates can be used as pizza plates or to keep your food separate. Pizza Pack is the best way to heat pizza, whether you want to heat a single slice or the whole box at once.
Because the container can be collapsed, you can change its height to fit the number of slices you want to keep. The pizza slices can be stored perfectly with the snap-on lids that keep air out.
The bins also come with an optional air vent that keeps things from getting too wet and condensation-filled. Pizza Pack began offering the containers in April 2022 and now has a lot of happy customers.
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Pizza Pack Net Worth in 2024
Tate Koenig first showed up on season 12 of Shark Tank to promote his Cheese Chopper product. Koenig didn’t give up even though he didn’t get a deal.
Tate came back in season 14 to talk about his newest business, Pizza Pack. Things went better this time, and he made a deal with Lori Greiner.
As per reports of Techie Gamers, Pizza Pack is worth $1 million right now, in 2024..
Pizza Pack: After Shark Tank Update
The episode of Pizza Pack aired on September 23, 2022, but the deal with Lori is still open. The item can be bought online at the moment at Walmart, Amazon, and Etsy.
You can also buy Pizza Pack on their website, Pizzapack.com.Tate tried to get a license for his idea, but it hasn’t been approved yet. Since the product is pretty easy to copy, there will likely be a lot of them on the market. The pizza box costs $23.99 and comes in eight different colors.
The company came out with new items like t-shirts, walnut coasters, tiny food slicers, and containers that can be folded up. From 2,992 reviews on Amazon, the pizza offering has a score of 4.4 stars.
Pizza Pack brings in about $250,000 a year, and thanks to Shark Tank, that amount should go up by at least 40%. Tate is still working at Idaho Pacific Lumber Company as a lumber trader. He turned down Cuban’s offer of $1.5 million. Time will tell if he was right to do so!
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