|SEASON 12 EPISODE 13|
|Pitch||cupcake-shaped pizza snack|
|Entrepreneur||Andrea Meggiato and Michelle Jimenez|
|Asked For||$125,000 for 5%|
|Deal||$125,000 for 12.5% + 2.5% in advisory shares|
What is Pizza Cupcake?
If you are tired of traditional pizza, or you are a pizza fanatic who wants to try out new treats, you should consider buying Pizza Cupcake.
They are small packages, making it easy to have them as a quick bite.
All you have to do is warm the Pizza Cupcake and enjoy its delicious taste. Pizza Cupcake is made using proprietary dough and is available in Margherita and Pepperoni flavors.
Who Owns Pizza Cupcake?
Andrea Meggiato and Michelle Jimenez are the founders of Pizza Cupcake. Andrea was always in the food industry, while the wife was in marketing and event management.
The husband-and-wife team quit their jobs and entirely focused on growing Pizza Cupcake. They are still in charge of the company.
Andrea and Michelle were motivated to create Pizza Cupcake as a way of creating a difference. Through Michelle’s motivation, Andrea quit his job, which laid the foundation for making his cooking passion a business idea.
Andrea made several Pizza Cupcakes, which their family and friends sampled, and they were impressed.
The husband-and-wife team then opened their business, which their friends continued supporting.
Shortly after launch, Pizza Cupcake was able to land an industry leader, Instagram, as its customer, and this launched the floodgates of customers. Some notable clients include; Citi Field and Smorgasburg who gave Pizza Cupcake a lifeline. Andrea even had a moment with Mariah Carey, where he impressed her with his cooking skills.
When Covid-19 struck, it didn’t slow the growth of Pizza Cupcake. It had the opposite effect; the company was able to bring revenues worth an estimated $350,000. Pizza Cupcake was able to leverage on the lockdown rules by having an effective eCommerce site and fast deliveries.
What Happened After Shark Tank Update
Did Pizza Cupcake Get a Deal on Shark Tank?
On Shark Tank Season 12 Episode 13, Andrea Meggiato and Michelle Jimenez entered the Tank seeking $125,000 for 5% – $2.5 million valuation – for their cupcake-shaped pizza snacks.
They accepted an offer from Lori Greiner of $125,000 for 12.5% + 2.5% in advisory shares.