Numilk Net Worth Shark Tank Update 2025 

In today’s world, people increasingly turn to plant-based milks like almond, oat, and cashew. But many such options on supermarket shelves are far from simple; they’re often loaded with gums, preservatives, and additives. They also come in single‑use cartons that are wasteful and not so eco‑friendly. It’s a real problem: those who care about their health or the planet end up compromising either taste, nutrition, or convenience.

This is where Numilk steps in. Created by founders Joe Savino and Ari Tolwin, Numilk is a new‑concept milk machine that makes freshly bottled plant‑based milk from pure ingredients at the push of a button. Its sleek countertop device uses sealed pouches filled with only simple, whole ingredients that produce milk in about 60 seconds. The result? Creamy, preservative‑free milk with minimal waste and no fuss.

When Joe and Ari pitched their idea on Shark Tank Season 12, Episode 18 in March 2021, they asked for $1 million in return for 5% equity. They offered a larger machine for stores and a smaller home version, still being developed. Mark Cuban ultimately offered $1 million for 7% equity plus an optional $1 million loan at 3% interest for another 3% in advisory shares, and they accepted his deal. The episode showcased both the appeal and complexity of their business model.

Numilk Net Worth Shark Tank Update 2025 

Joe and Ari were looking for an investment of $1 million in exchange for 5% equity in the company. At the time of the episode, they valued their company at $20 million. Joe and Ari successfully secured a deal with Mark Cuban for an investment of $1 million for 7% equity in the company. The investment adjusted the company’s net worth to around $14.29 million. After the show was aired, Numilk saw a big increase in website traffic, sales, and social media exposure. As per my rough estimate, the current net worth of Numilk is around $40 million.

Shark(s) nameOffer & DemandCounterofferAccepted?
Daymond John OutN/AN/A
Lori GreinerOutN/AN/A
Kevin O’Leary$1 M loan at 9.5% for 5% equityN/ANo
Barbara Corcoran OutN/AN/A
Mark Cuban$1M for a 7% stake + an optional $1M loan at 3% interest for a 3% stake in advisory shares$1M for 6% equity Yes

Joe Savino and Ari Tolwin’s Backstory + Their Initial Pitch 

Joe and Ari share their experiences in the food and beverage business. Joe worked in aviation catering, while Ari owned a beverage company. Their shared background inspired them to rethink how plant‑based milks are produced and consumed. They wanted to create a system that would eliminate additives and minimize waste, while delivering fresh, tasty milk at home or in cafes.

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In the early stages, they faced several challenges. First was the engineering: crafting a machine compact yet robust enough to mix plant‑based ingredients quickly and cleanly. They also needed airtight, recyclable glass bottles and sealed ingredient pouches that remained shelf‑stable yet fresh-tasting. Building reliable prototypes and scaling manufacturing required substantial funds.

By the time of filming, they had already raised around $12 million, but were running through it quickly.

On Shark Tank, their pitch highlighted two models: a full-size commercial kiosk for retailers and a countertop home version under development. They demonstrated the machine live, mixing freshly bottled oat milk in real time. They explained their business model: customers pay around $2 for the reusable bottle and about $4 for a refill.

They showed a functional prototype of the home device and shared strong financials: from just $40,000 in sales in 2018 to $400,000 in 2020. They had hoped to roll out at major grocers like Kroger and Whole Foods, but COVID‑19 delayed those plans.

Queries + Shark’s Responses, and Final Deal

Each Shark asked pointed, understandable questions in simple language:

Barbara Corcoran was first and said she was confused. She didn’t quite grasp the difference between the two machines and wasn’t convinced of the product fit. So she dropped out early.

Daymond John echoed Barbara’s confusion and concern about clarity in the business strategy, so he also bowed out.

Lori Greiner admitted she loved the taste but couldn’t see a clear path to profitability or where she could add value, so she left the table.

Kevin O’Leary questioned the cost structure. He noted that R&D had burned $7 million of the $12 million raised, and that machine maintenance and pouch reliance might erode margins. After some back-and-forth, he offered a $1 million loan repayable in three years at 9.5% interest, in exchange for 5% equity. He liked the concept but was wary of high costs.

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Mark Cuban had a background in investing in plant-based brands and saw potential in both the kiosk and home markets. He offered $1 million for 7% equity and included an optional loan of another $1 million at a low 3% interest rate if they gave him 3% in advisory shares. After weighing the offers, Joe and Ari accepted Mark’s proposal because it provided both capital and strategic guidance they needed for next-stage growth.

Product Availability

Numilk offers two main products today:

  1. Numilk Home Machine: A countertop device that makes 32 ounces of fresh milk in about 60 seconds using sealed pouches. It only works with Numilk’s own pouches and includes a reusable bottle. It retails for around $199–$200 USD.
  2. Numilk Commercial Machine: A larger kiosk-style unit for cafés and stores. It produces 64 ounces per pouch and is priced at around $1,399 USD. It’s used by more than 500 cafés and businesses  .

The Numilk website sells both machines and a wide range of ingredient pouches,from unsweetened almond to specialty blends like Golden (turmeric-ginger) and Matcha latte. Pouches typically cost $3–$5 each (for a quart of milk) . Pouches also sell via Amazon,e.g., a 12‑pack of original almond retails around $48 (≈$11.27/ounce)  .

Numilk machines are easy to ship in the United States (4–6 business days after ordering), but as of mid‑2025, they do not yet ship home units to Canada; only the commercial units can be ordered for cafes in Canada.

What Happened To The Numilk After Shark Tank?

The day before their Shark Tank episode aired (March 2021), Joe and Ari launched a Kickstarter for the home machine. They aimed to raise $100,000 but surpassed that quickly, raising over $222,000 within 45 days. Despite early setbacks from the pandemic, which delayed retail kiosk rollouts with Kroger and Whole Foods, they adapted and focused on countertop devices and cafés.

They introduced new flavors like Goldenmilk, Moonmilk, Matcha, Black Sesame, and vegan eggnog to diversify their offerings.

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By 2025, Numilk was thriving. It had placed commercial machines in over 500 cafés and 10% of Lifetime Fitness gyms, and was expanding into high-end hotels, restaurants, and universities. They formed a manufacturing partnership with Hamilton Beach Brands to scale production.

Household adoption grew steadily, with thousands of home users enjoying their machines. Although home shipping outside the US (especially Canada) wasn’t fully live, updates in April 2025 announced expanded shipping to Canada and Puerto Rico. Numilk continues to sell devices via their own website and Amazon, and their commercial machine remains available for B2B clients at $1,399 with volume discounts  

Conclusion 

Numilk began with a clear vision: to eliminate unnecessary additives in plant-based milks and replace wasteful packaging with fresh, sustainable, and convenient machines. On Shark Tank, Joe and Ari navigated tough questions about costs and business clarity, ultimately accepting Mark Cuban’s offer of $1 million for 7% equity, with an optional low-interest loan, one of the largest deals in the show’s history.

Since then, their pivot to a home countertop device propelled them forward. Their Kickstarter exceeded expectations, new flavors launched, and commercial adoption soared. As of 2025, they boast a thriving presence in cafés, fitness centers, hotels, and private homes. With strategic partnerships for manufacturing and continued eco-conscious innovation, Numilk is well-positioned for further growth.