Simply Good Jars Net Worth 2023 + Updates – Simply Good Jars is a high-quality, chef-made, ready-to-eat, slide-in jar, that seems in Shark Tank Season 12 Episode 16. Jared Cannon, the creator of Simply Good Jars, is a chef who asked the sharks for $500,000 for 7% equity.
Cannon asked to sign Dean with the Sharks, showing his company’s valuation of $7.1 million. Mark Cuban and Lori Greiner hired this business deal at a $5 million valuation.
Simply Good Jars Net Worth 2023
Simply Good Jars gives healthy salads and this jar is biodegradable too. It offers fresh salad with healthy ingredients so that healthy salad can be loved at any place.
In 2017, this Simply Good Jars Company begin selling from the Philadelphia area. Apart from providing fresh salads, this corporation also acts as a packaging product.
This jar comes with Health Fresh Salad and its vessel is made from recycled plastic; The jars can be recycled after the salad is over. The superior thing in this business is that any customer who buys their product can return the jars while re-ordering. So that they can be cleaned and returned for donation.
There is a very long story behindhand the origin of Simply Good Jar’s business idea. Jared Cannon begins working in the hotel business in Miami. Now, after working in Miami for 6 years, moved to Philadelphia to work as Head Chef at Iron Hill Restaurant.
Cannon was obsessive about doing business and becoming an entrepreneur to fulfill this hobby, he simply launched the Simply Good Jars corporation in the Philadelphia area in 2017 by loaning $1,000.
What is Simply Good Jars?
Simply Good Jars is a healthy ready-to-eat salad that comes filled in a jar. Their jars comprise fresh salad ingredients which are very good for your health.
There are several people whose salads are also different, the same corporation offers Cobb Salad, Smoked Salmon Salad, Chicken Quinoa, and Greek Salad.
High-quality elements are used in this fresh salad, which builds muscles and keeps healthy and fit. The salad which is in the jar has to be shaken for a few seconds before making it eight so that the salad gets mixed by you.
Now, it is simply ready to eat. This Plastic Jar Is Reusable Once the Fresh Salad Is Over This jar can be used to store eggs, pens, nuts, etc.
Each Simply Good Jar Salad has a shelf life of 9 days. This salad was formerly only sold in the Philadelphia area but is now accessible on GoPuff and the 9.2oz salad is priced at $10.99.
| Company Name | Simply Good Jars |
| Founder | Jared Cannon |
| Founded | 2017 |
| Product | High-Quality, Chef-Made, Ready to Eat, Salads in A Jar |
| Asked For | $500,000 for 7% Equity |
| Final Deal | $500,000 for 10% Equity |
| Shark | Mark Cuban and Lori Greiner |
| Episode (Shark Tank USA) | Season 12 Episode 16 |
| Air Date | March 5, 2021 |
| Business Status | In Business |
| Website | Visit Website |
| Headquarters | Philadelphia, Pennsylvania, United States |
| Go To Amazon | Buy Now |
Who Is the Founder of Simply Good Jars?
The creator and CEO of Simply Good Jars Corporation are Jared Cannon, who is also a head chef. He started this company in 2017. But in 2013, he became the CEO of Sapor Food Group. He did his graduation from The Culinary Institute of America and functioned in the hotel business in Miami.
After that, he got a job as Head Chef at Iron Hill Brewery & Restaurant. Kenan was very obsessive about business, so he did a master’s degree in business from the Fox School of Business at Temple University in 2016.
After his master’s degree, he functioned as a corporate executive chef in Tria for 1 year. In 2017, he left his job and started Simply Good Jars Corporation.
Cannon comes from a food background and had very good knowledge of healthy foods. He found a need for a healthy salad in the market and that’s why he started this corporation.
When Cannon started this business, he took a loan of $1,000 for this business, and after a few months, he started getting advance orders. Cannon has a very decent knowledge of ingredients from Healthy Foods and also knows what is decent for the environment.
The salad made from Simply Good Jars is fresh and strong as well as the jars it contains are reusable. Simply Good Jars donates its meals to different local organizations. Now, in October 2020, Cannon was designated Entrepreneur of the Year as a 2020 Greater Philadelphia Award Winner.
According to a CrunchBase report, Simply Good Jars elevated an investment of $675k from Investor’s Circle, Robin Hood Ventures, and SOSV in the 2018 Pre-seed round.
Now, raised an investment of $1.6M in a seed round in 2019, and raised $110K in funding under adaptable notes in 2020. Victor Fiorillo of PhillyMag questioned Jared on March 2nd, Cannon revealed that he has elevated an investment of $4 million in the last 4 years.
What Happened to Simply Good Jars After Shark Tank?
Shark Tank was effective for simply good jars, the corporation got an investment of $500K. Mark & Lori signed a deal with this corporation and the deal has not been closed yet.
When Shark Tank Season 12 Episode 16 Aired on Television People liked this product so much, that their sales increased by 1500% and this corporation received 750,000 inquiries.
Since then, their sales are growing till July 2022. In 2021, their revenue was $4 million. In 2022, he expects it to have become accessible in 28 states of the United States.
Cannon is observing to expand this business internationally with the support of Mark & Lori. This salad’s local delivery platform is presently accessible in NYC, Brooklyn, Chelsea, Harlem, Long Island City, and Philadelphia.
Till December 2022, this corporation has donated a total of 47,646 miles. Its products are accessible on GoPuff as well as grocery delivery service Gorillas: Grocery Delivery.
Now, according to the company’s Instagram handle, this product has become accessible at 117 locations in Giant Food Stores. Simply Good Jars product has become nearby at the world’s second-largest supermarket chain Costco Wholesale.
Simply Good Jars Net Worth 2023
As of 2023, Simply Good Jars is worth $6 million.
Where to Buy Simply Good Jars Shark Tank?
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