Numilk Net Worth, Shark Tank Update, Revenue & Business Growth

Numilk is an innovative plant-based milk machine that allows customers and retailers to produce fresh almond milk on demand—without preservatives, stabilizers, or long shelf-life additives. Designed for vegans, lactose-intolerant consumers, and plant-based households, Numilk converts:

  • Almonds
  • Water
  • Optional maple syrup

Into freshly pressed almond milk in seconds.

Its home version makes it possible to create fresh almond milk at the push of a button, giving citizens a healthier, cleaner alternative to store-bought products.

The brand gained nationwide attention after its pitch on Shark Tank and has since become one of the most talked-about plant-based startups.

Numilk Net Worth

Current Estimated Net Worth: ~$55 million

Numilk’s valuation skyrocketed after its Shark Tank appearance and continued product development. Although the company is still scaling, its brand value, demand for plant-based milk machines, and investment backing collectively position Numilk as a high-growth startup in the plant-based food tech sector.

Who Founded Numilk?

Numilk was founded in 2017 by:

  • ✔ Joseph Savino – Co-founder of Harvest Beverage Group
  • ✔ Ari Tolwin – Co-founder of Happy Tree Maple Water

Both founders are beverage industry experts based in New York with backgrounds in business administration and manufacturing.

Why they created Numilk:

After years in the beverage space, Savino and Tolwin realized customers wanted fresh, natural, preservative-free plant milk—without paying premium prices or buying cartons weekly. This sparked the idea of an automated machine that makes fresh plant milk instantly.

Early Funding & Startup Challenges

Before appearing on Shark Tank:

  • The founders invested their personal savings
  • Borrowed loans
  • Raised $12 million from investors in 2018
  • Installed their first Numilk kiosk in Whole Foods (NJ) in 2018
girl working in the office

Although customers loved the concept, the company struggled with:

  • High manufacturing costs
  • Heavy R&D spending
  • Losses of $2–3 million per year

Still, the founders believed in long-term scalability, especially as the plant-based industry kept growing.

Numilk on Shark Tank – What Happened?

Numilk appeared on Shark Tank Season 12 (2021) seeking:

Ask:

  • 💲1 million for 5% equity
  • ➡ Valuation: $20 million

The Sharks were hesitant due to:

  • High production & installation costs
  • Negative profit margins
  • Heavy losses

But one Shark saw massive potential…

Mark Cuban’s Life-Changing Offer

Billionaire investor Mark Cuban, a strong supporter of plant-based alternatives, made an extraordinary offer:

  • 💲1 million for 7% equity
  • 💲1 million loan at 3% interest

Total commitment: $2 million

Why Cuban Invested:

  • Believes plant-based milk demand is rising
  • Supports sustainable, clean-label food innovation
  • Liked the founders’ background and expertise
  • Sees strong retail & home-device market potential

The founders accepted Cuban’s offer, immediately boosting Numilk’s valuation and media exposure.

Numilk After Shark Tank – Where Are They Now?

Numilk saw a major boost after airing on Shark Tank:

✔ Kickstarter Campaign Success

Numilk raised over $200,000 on Kickstarter for its home machine.

✔ Retail Expansion

Their machines rolled out to:

  • 28+ independent retail stores
  • Additional Whole Foods locations
  • Cafés seeking sustainable plant-based milk options

✔ Direct-to-Consumer Growth

Numilk introduced:

  • Numilk Home (compact, $199–$299)
  • Numilk Pro for cafés and restaurants
  • Numilk Pouch System (pre-packed, eco-friendly ingredients)

✔ Strong Online Demand

Preorders continue to grow, especially with rising plant-based market trends.

✔ Increased Production Capacity

With Cuban’s funding, Numilk streamlined manufacturing to lower costs and improve margins.

Although Numilk isn’t massively profitable yet, its growth trajectory, brand recognition, and rising global demand for plant-based foods strongly indicate future expansion.

Numilk Revenue, Valuation & Business Model

Numilk Revenue Streams

  • Home machine sales
  • Pro machine rentals & sales
  • Ingredient pouches (recurring revenue)
  • Retail kiosk partnerships
  • Subscription-based plant-milk refills

Current Valuation

~$55 million (2025 estimate)

Why Numilk Will Keep Growing

  • Sustainable packaging trend
  • Increased vegan/plant-based adoption
  • Consumers preferring fresh-made foods
  • Food-tech popularity rising
  • Backing from Mark Cuban enhances trust

Numilk Machine Price

ProductPrice
Numilk Home$199 (pre-order)
Numilk Home Plus$299
Numilk Pro (Commercial)Higher-end pricing; varies by contract

All machines are designed to minimize waste, reduce plastic consumption, and deliver clean-label almond milk instantly.

FAQs About Numilk

What is Mark Cuban’s net worth?

As of 2025, Mark Cuban’s net worth is approximately $5.4 billion.

How much does Numilk cost to make?

Numilk almond milk typically costs $3–$5 per gallon, depending on ingredients and pouch systems.

Is Numilk profitable yet?

Not fully—not at large scale. However, losses are decreasing as production becomes more efficient.

What is Numilk’s net worth today?

As of 2025, Numilk is valued at ~$55 million.

Most successful Shark Tank product?

Bombas leads the list with over $300+ million in annual revenue and billions in lifetime sales.

Final Thoughts — Is Numilk the Future of Plant-Based Milk?

Numilk has evolved from a startup with financial struggles into a fast-growing plant-based technology company. Backed by Mark Cuban, strengthened by consumer demand, and fueled by innovation, Numilk is on track to become a major player in the alternative milk industry.

With a $55 million valuation, expanding retail presence, and rising home machine sales, Numilk represents the future of fresh, sustainable, plant-based milk creation.


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