Jica Foods Net Worth Shark Tank Update 2025

Finding healthy snacks can be tricky! Many people want to eat better but often grab quick, processed foods that aren’t as nutritious. One special snack that’s making a comeback is jicama. This is a crunchy and healthy root vegetable that’s been popular in Mexican dishes for a long time, but not many people in the U.S. knew about it, until two sisters, Xin and Melissa Wang, decided to change that.

They started a company called JicaFoods that makes tasty snacks from jicama, like chips and wraps, which are low in calories.

In Shark Tank Season 14, they asked for $300,000 in exchange for 3% of their business. They impressed the sharks with their unique Jica Wraps, which are a healthier and lower-carb option than regular tortillas. Each wrap has only 8 calories and 1 gram of net carbs, making them great for people on special diets like keto, vegan, or gluten-free. They also showed other tasty options, like jicama sticks and Jica de Gallo salsa, showing that healthy snacks can be fun and delicious!

After some negotiation, one of the sharks, Barbara Corcoran, saw a bright future for JicaFoods. She offered them $300,000 for 6% equity in the company along with 3% advisory shares. This deal was accepted. But what happened next? Let’s dive into JicaFoods’ story to find out how things went for them after getting that investment!

Jica Foods Net Worth Shark Tank Update 2025

Xin and Melissa were looking for an investment of $300k in exchange for 3% equity in the company. At the time of the episode, they valued their company at $10 million. Xin and Melissa successfully secured a deal with Barbara for an investment of $300k for 6% equity in the company, along with 3% in advisory shares. The investment adjusted the company’s net worth to around $5 million. After the show was aired, the company experienced a good boost in exposure. As per my rough estimate, the current net worth of JicaFoods in 2025 is around $5.1 million.

Shark(s) name	Offer & Demand	Counteroffer	Accepted?
Barbara Corcoran	$300,000 for 10% + pro-rata distribution of profits$300,000 for 6% + 3% advisory shares & pro-rata distribution of profits	$300,000 for 5% + pro-rata distribution of profits$300,000 for 7% + pro-rata distribution of profits$300,000 for 6% + 2% advisory shares & pro-rata distribution of profits	Yes
Lori Greiner	Out	N/A	N/A
Kevin O’Leary	$300,000 for 9% + pro-rata distribution of profits	$300,000 for 7% + pro-rata distribution of profits	No
wyneth Paltrow	Out	N/A	N/A
Mark Cuban	Out	N/A	N/A

Xin and Melissa Wang Backstory + Their Initial Pitch 

Xin and Melissa Wang saw that many people in the U.S. needed healthier snack options. They noticed a tasty vegetable called jicama, popular in Mexico, that was low in calories and high in fiber, which is really good for your tummy. However, many Americans had never tried it before! So, they decided to create snacks using jicama.

In 2015, they started their company called JicaFoods and began selling jicama chips. In their first year, they sold a lot and made $500,000, but they realized that they were competing with some really big snack brands. To stand out more, they made a big change in 2019 and introduced Jica Wraps. These wraps were like tortillas, but much healthier because they had the benefits of lettuce wraps.

This change was a smart move! Their sales soared from $1 million in 2019 to $4 million in 2020, and then to $5 million in 2021. 

When they went on Shark Tank, they asked for $300,000 in exchange for 3% of their company, which meant they were valuing it at $10 million. They explained how much it cost to make each pack of wraps and how much they sold them for: they spent $1.85 to make a 15-pack, sold them to stores for $2.99, and then sold them to customers for $4.99.

Their wraps were already found in 700 stores, including popular ones like Whole Foods and Sprouts Farmers Market. The sharks were impressed but wanted to ask them some tough questions about their business!

Queries + Shark’s Responses, and Final Deal

Kevin O’Leary saw a food product that the founders wanted to sell. They valued their business at $10 million, which means they thought it was worth that much money. But Kevin felt that was a bit high because it was asking for 25 times more than they earned in profit. He liked the product, but he didn’t think the price made sense. Still, he offered the founders $300,000 (which is a lot of money!) for 9% ownership in the business. 

Mark Cuban thought the product (the food wraps) was great but didn’t feel he was the right person to invest in it. 

Gwyneth Paltrow, who loves healthy food and has recipes featuring an ingredient called jicama, also liked the product but chose not to invest. 

Lori Greiner, known for her insight into growing companies, decided to pass as well. She felt the food industry was really tough and competitive, so it wasn’t the right fit for her.

Barbara Corcoran saw that health foods are becoming increasingly popular. She offered to invest $300,000 for 10% ownership in the company and also wanted a share of future profits. After some back-and-forth negotiation, she changed her offer to $300,000 for 6% ownership plus an additional 3% in advisory shares (which means she would help the company and get some benefits from that). The founders accepted her offer because they felt she would be a good partner to help them succeed!

Product Availability

JicaFoods is a company that makes some cool and healthy snacks. You can find JicaFoods products in over 1,600 stores across the country, including big places like Walmart, Whole Foods, Sprouts, and Wegmans. If you can’t find them at a store, you can also buy them online at the official JicaFoods website.

So, if you’re looking for some tasty and healthy snacks, JicaFoods has got you covered!

What Happened To The JicaFoods After Shark Tank?

JicaFoods is a company that makes food products, and they are doing really well as of today. JicaFoods is getting bigger and better, which is a good thing for a business. This means that their products are now being sold in 1,600 stores. That’s a lot of places where you can find what they make. They’ve created new tastes and items for people to buy, which can attract more customers who want to try different things.

The company is estimated to be worth about $5.1 million. This is like saying if you added up everything the company owns, it would be worth that much. They also make about $1 million every year from selling their products. So, all in all, JicaFoods is doing great, and they have some exciting things happening!

Conclusion 

JicaFoods is a company that created a new snack that’s both healthy and interesting something different from usual snacks like chips or candy. They went on Shark Tank where JicaFoods impressed one of those sharks, Barbara Corcoran, and she decided to invest in their snack!

However, some of the other sharks chose not to invest because they thought there were already a lot of companies making similar snacks. Even though a few sharks passed, JicaFoods has been doing really well since then. They have gotten their snacks into many more stores, which means more people are buying them!

The cool part is that JicaFoods is still doing great, showing us that eating healthy can be both tasty and easy!