Cave Shake Founder, Net Worth, Latest Updates, and Everything You Need to Know.
If you have been looking to replace your regular caffeinated, unhealthy drink choices, we have something for you. The Cave Shake is one such drink that helps to increase your overall health. The former company has renamed the brand ‘Space Shake.’ to stand out from competitors.
| Cave Shake Product Details | |
| Company Name | Cave Shake |
| Company Rename as | Space Shake |
| Founder | Holly Heath and Billie Cavallaro |
| Year | 2015 |
| Headquarters Location | Los Angeles, California, United States |
| Product | Vegan Milkshake |
| Company Type | Private |
| Target Market | Everyone |
| Reality Shows | Shark Tank (2018) |
| Episode date | October 28, 2018 |
| Episode no. | Episode 10 (Season 10) |
| Initial Investment | $250,000 for 10% equity |
| Final Deal | $250,000 for 20% equity |
| Business Status (2023) | Active |
| Official Website | https://eatspaceshake.com/ |
| Official Instagram Username | @eatspaceshake |
| Official Twitter Username | @CAVE_SHAKE |
| Company Net Worth | $10 million (in 2023) |
In 2018, Cave Shake was featured in the Shark Tank show and successfully cracked the deal. As of March 2023, Cave Shake’s net worth is more than
In this blog post, we will provide in-depth information about the Cave Shake, including the company details, the founder’s information, net worth, and the company’s appearance on the Shark Tank reality show.
What Is Cave Shake?
Many people focus on their health and try to include nutritious foods in their routines. If you are one of those health-conscious people, this product can help you achieve your fitness goals.
The Cave Shake is a dairy gluten and carb-free shake. It comprises all the natural ingredients like whey protein, almond milk, bananas, and coconut milk. And we all know the importance of all the natural elements.
This shake is high in natural vitamins, minerals, and protein. Moreover, it can help you to improve your metabolism as it does not contain artificial sugar and colors. Cave Shake is a healthy alternative to a convenient milkshake.
This healthy beverage comes in three flavors: coffee, vanilla, and chocolate, and you can purchase it from the company’s official website or nearby stores.
Who Are The Founders of Cave Shake?
Cave Shake is now rebranded as Space Shake. Initially, the company was founded by two college students, Billi Cavallaro and Holly Heath, in 2016, in Los Angeles, California, United States.
The name ‘Cave Shake’ display that our cave-dwelling forefathers could also drink this healthy and nutritious drink. The motive behind the Cave Shake is to change the Keto diet and include natural ingredients in the drink.
The founders had personal experience with Paleo-Keto eating. Not only that, but Billie also likes to participate in various sports, including ski racing. Later, he realized the importance of a healthy diet, which helped him recover more rapidly.
Cave Shake Before Shark Tank
Billie Cavallaro and Holly Heath 2016 founded Cave Shake. They made a ready-to-drink, low-carb shake to provide the taste of authentic ingredients like almond milk and coconut milk.
Before receiving the investments from Charles Barkley, the company was associated with LA Libations for 15% of ownership. Later, the founder approached Sharks. Below we have added Cave Shake’s performance in the Shark Tank reality show.
Cave Shake Appereance in Shark Tank
Billie and Holly appeared in Shark Tank Season 10 with their ready-to-drink, low-carb drink. Cave Shake. The founder’s initial ask was $250,000 in return for a 10% equity.
The pitch started with a skit and song performance about overcoming cravings using Cave Shake. Further, they also added how this healthy drink could replace caffeinated and unhealthy beverages.
Later they distributed product samples to the sharks. After consuming the milk-based nutritious drink, some were satisfied with the flavors, packaging, and taste, while Robert commented about the product’s taste. In return, Holly gently stated that the shake was made up of a natural sweetener, Stevia; hence it may taste strange for some people if they are not used to it.
Afterward, they discussed the numbers. Founders addressed that one jar is sold for $7.99 with an average cost of $1.86; the same goes for flavors. In 2017, the company crossed the sale of more than $270,000. Meanwhile, the founder also mentioned their collaboration with LA Libations for 15%.
In the finale, three sharks, Kevin, Lori, and Robert, rejected the deal after mentioning their point of view, and the left shark, Charles, offered $250,000 for 20% of the company. Initially, they requested to lower the rate to 14%, but Charles did not reduce his offer. After brainstorming about the company’s prospects, the two accepted the deal.
The final deal was cracked by joining Charles Barkley for an investment of $250,000 for 20% stakes in the Cave Shake company.
So excited Charles Barkley is on the team! To celebrate, enter the code SHARKTANK at checkout for 15% our entire store 😎🤘 pic.twitter.com/UvwfsyveFl
— SPACE SHAKE, FKA CAVE SHAKE (@CAVE_SHAKE) October 30, 2018
Cave Shake After Shark Tank
After winning the deal from Charles Barkley, Cave Shake has earned the audience immense love and colossal respect. The company started receiving more customers before Shark Tank and became a success story on the show.
The company has grown in all commercial business spheres. From marketing to distribution and procurement to inventory management, the company has established its name in California, USA.
Moreover, they also renamed the brand the ‘Space Shake’; it can be Charles’s suggestion. In 2019, the company’s total sales were above $750,000; the last year, in 2022, its sales reached $1 million. Moreover, the company has also introduced new packaging with a new name and flavors.
Cave Shake Net Worth 2023
Last year in 2022, the company’s net worth was $5 million, with more than $3 million in sales. This year in 2023, Cave Shake, a.k.a. The Space Shake’s estimated net worth, is above $10 million.
Cave Shake Ingredient List
Cave Shake offers gluten and carb-free, ready-to-drink beverages in various flavors. It is a certified organic shake and comes with only six ingredients. Here, we have added the list of ingredients that you will find in your Cave Shake.
- Milk
- Healthy Fats
- Coffee
- Chocolate
- Soft ice cream
- Whey protein
Top Competitors of Cave Shake
Here are some of the top competitors of Cave Shake.
- Hope Bars
- Annette’s Italian Ice
- Yogurt Bar
- Detour Bar
- Chil Frozen
Cave Shake Latest Updates 2023
Cave Shake or the Space Shake can be your optimum meal if you are worried about your health or looking for a hygienic food & beverage option. You can include them in your daily routine.
If we look at the regions where Cave Shake has successfully established its markets, we will find that the Southern part of California is positively responding. However, even after receiving high success in regional sales, the owners couldn’t generate worldwide demand as they had decided earlier.
Shake it to our theme song! pic.twitter.com/B2PNUubnWD
— SPACE SHAKE, FKA CAVE SHAKE (@CAVE_SHAKE) November 8, 2018
Here, the owners, Holly Heath and Billie Cavallaro, should focus on product packaging and market research & analysis. The company can establish a research & development team. With the coordination of a marketing team, the company can run several marketing and sales campaigns in nearby countries. With the help of innovation and product variations, Cave Shake company can enhance its sales and profit even further.
Cave Shake is a modern way Keto diet, and you can purchase it from the company’s official website. Since the company has changed its name, many people need help finding a Cave Shake on the website.
You can find it at eatspaceshake.com and enjoy the taste of three delicious flavors: chocolate, coffee, and vanilla. Moreover, the shakes are available in six packs or 12 packs for $30 and $60, respectively.
Final Thoughts
Cave Shake is one of the most reputed and highly successful food & beverage companies. It has grown from zero to $10 million in a few years. Cave Shake can be the best solution if you want a healthy drink and don’t want to compromise your health.
Recently, the company has included new flavors in the product. The company may double its sales and profit within the next few years. However, the founders must improve the product packaging and focus on their social media presence to attract more consumers. You can also write down your thoughts or suggestions about the company and product.
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