The Ice Cream Canteen Net Worth Shark Tank Update 2025

The Ice Cream Canteen, a clever invention created by Jordan Stern to solve a common problem: ice cream melting too quickly. Whenever people enjoy ice cream outdoors, like at the beach or during a picnic, it’s hard to keep it frozen without a freezer. This often leads to a race to finish the ice cream before it turns into liquid.

Jordan faced this challenge while traveling in his camper van. He loved ice cream but couldn’t keep it frozen without typical refrigeration. To fix this, he developed the Ice Cream Canteen, a special container that can keep ice cream frozen for up to 4 hours by itself or 8 hours when placed in a cooler.

In a popular Shark Tank, Jordan presented his product in an episode from Season 14. He was looking for $100,000 in exchange for 5% of his company. His pitch impressed the sharks, and they ended up negotiating a deal where Mark Cuban and Lori Greiner would give him $100,000 for 20% of the business, along with an additional $200,000 in credit to help him grow.

The Ice Cream Canteen Net Worth Shark Tank Update 2025

Jordan was looking for an investment of $100k in exchange for 5% equity in the company. At the time of the episode, he valued his company at $2 million. Jordan successfully secured a deal with Mark and Lori for an investment of $100k for 20% equity in the company, along with a $200k line of credit. The investment adjusted the company’s net worth to around $500k. After the show was aired, the company experienced a good boost in exposure. As per my rough estimate, the current net worth of The Ice Cream Canteen in 2025 is around $1.8 million.

Shark(s) name	Offer & Demand	Counteroffer	Accepted?
Daniel Lubetzky	Out	N/A	N/A
Lori Greiner Mark	$100,000 + $100K credit for a 25% equity$100,000 + $200,000 credit for a 20% equity	$100,000 + $100,000 credit for a 15% equity	Yes
Kevin O’Leary	$100,000 for 30% equity	N/A	No
Daymond John	Out	N/A	N/A
Mark Cuban	Out	N/A	N/A

Jordan Stern Backstory + Their Initial Pitch 

Jordan Stern, a big fan of ice cream, faced a problem while traveling: his ice cream would melt too fast. This made it hard for him to enjoy it on the go. To solve this issue, he created The Ice Cream Canteen, a special container designed to keep ice cream cold while traveling.

After a lot of experimentation, he engineered a container made of double-walled, vacuum-sealed stainless steel that fits a regular pint of ice cream. This innovative canteen can keep ice cream frozen for 4 hours at room temperature and even 8 hours when placed inside a cooler. To show just how durable it is, he demonstrated its strength on Shark Tank by using a blowtorch to prove it could handle extreme temperatures.

When he pitched his product, he was seeking $100,000 for 5% of his business, which meant he valued his company at $2 million. Jordan explained that it costs him $7.50 to make each canteen, selling them for $44.99, allowing for a good profit. His business was growing, with sales jumping from $90,000 in 2021 to $180,000 by mid-2022, but he needed investment to increase production and start selling in retail stores.

Queries + Shark’s Responses, and Final Deal

 Kevin liked the product, but he thought Jordan was asking for too much money compared to what the business was actually worth. He offered Jordan $100,000 (money to help the business) in exchange for controlling 30% (a portion) of the business. Kevin thought Jordan needed extra help to grow, so his offer was about helping him get there, even if it meant taking a bigger share.

Daymond was worried about other companies that might be making similar products. He believed that the price Jordan was asking was not realistic, so he decided not to invest and passed” on the deal.

Daniel was curious and wanted to know more about how he could help. He found out that Jordan needed support in getting the product into more stores. However, he didn’t officially make an offer to invest, which means he didn’t say he would put any money into the business.

Lori Greiner & Mark Cuban: These two sharks saw that the product had a lot of potential and wanted to invest. They first proposed a deal where they would give Jordan $100,000 for 25% of the business, plus an extra $100,000 that Jordan could borrow when needed (this is called a line of credit). Jordan wanted to give up less of his business (only 15%), but Mark insisted they needed to give more support to the business than Jordan was recognizing.

After some negotiation, they agreed on a deal:

– $100,000 for 20% of the business (Jordan gives up a smaller portion than what Lori and Mark first wanted).

– $200,000 line of credit (an extra amount that Jordan can borrow when he needs it for things like buying materials or marketing).

Jordan decided to take this deal because he realized that Lori and Mark had a lot of connections that could help his product reach more people. 

Product Availability

The Ice Cream Canteen is a special container made of stainless steel that helps keep your ice cream frozen for a long time. You can buy the Ice Cream Canteen online on Amazon for $44.99, or you can get it from the company’s website. You might also find it at some ice cream shops like Salt & Straw.

So, if you love ice cream and want to keep it frozen while you’re out, this canteen could be a cool choice!

What Happened To The Ice Cream Canteen After Shark Tank?

The Ice Cream Canteen is a company that makes special containers for holding ice cream. After they appeared on Shark Tank, they have become much more successful. They made a deal with two sharks, Mark and Lori, who are helping them grow the company. They teamed up with another ice cream company called Salt & Straw to create some special canteens that have both of their brands on them.

They created a better version of their ice cream canteen, called Ice Cream Canteen 2.0, which has a new lid design that works even better.

By today, they managed to sell a lot of canteens and made $1.8 million! That means lots of people really like their product. Now you can find their ice cream canteens in many small shops all across the country, so more people can buy them. The company’s success shows that plenty of ice cream fans really wanted a good way to enjoy their ice cream!

Conclusion 

Jordan Stern created something really cool called the Ice Cream Canteen. Imagine you’re out and about on a hot day, and you have a bowl of ice cream with you. It’s super tasty, but it starts to melt and make a mess, right? Jordan’s invention helps keep ice cream cold and yummy while you’re on the go!

Since being on Shark Tank, the Ice Cream Canteen has become even more successful. They have started selling their product in more stores, teamed up with well-known brands, and made their product even better!

So, if you love ice cream but don’t want it to turn into a gooey mess when you’re out, the Ice Cream Canteen is something you might really want to check out!