In 2026, the estimated value of numilk net worth is approximately $70 million. This number should be viewed as an approximation of how much a company is worth, though, not as a personal net worth. As a privately held company, there is no public financial statement of the current net worth of Numilk. Based on recent reports, the company’s valuation is estimated to be around $70 million, while Numilk itself states that it has developed from a grocery-store machine idea into a business for hundreds of cafes and thousands of households.
Joe Savino and Ari Tolwin are entrepreneurs and the founders of the company in 2017. It was an idea that was built around the following concept: to produce fresh plant-based milk without having to ship large cartons filled with mostly water. The concept finally got the attention of the founders, which led them to Shark Tank, where they clinched a contract with Mark Cuban in 2021.
Numilk Net Worth: Quick Facts
| Detail | Information |
| Company | Numilk |
| Founded | 2017 |
| Founders | Joe Savino and Ari Tolwin |
| Industry | Food and beverage technology |
| Main product | Plant-based milk machines |
| Shark Tank season | Season 12 |
| Shark Tank episode | Episode 18 |
| Original ask | $1 million for 5% |
| Implied ask valuation | $20 million |
| Mark Cuban deal | $1 million for 7% equity |
| Additional financing | Up to $1 million loan at 3% interest |
| Estimated current valuation | About $70 million |
| Reported lifetime sales | More than $55 million |
| Reported annual sales | About $13 million |
| Current business model | Home and commercial plant-based milk machines |
The valuation estimates and the Shark Tank deal are from public reporting. In its own words, the company’s history shows that the founders of Numilk even appeared on the television show Shark Tank in March 2021, landing a $2 million deal with Mark Cuban.
What Is Numilk?
Food tech firm Numilk is building machines that can create fresh plant-based milk. Rather than purchasing traditional almond or oat milk, customers can use Numilk’s technology to create milk with ingredients delivered in the Numilk’s pouches.
The company’s founders were big machines for grocery stores. The machines would allow customers to make their own “plant-based milk” at the checkout.
That model subsequently evolved.
It claims today that it serves more than 500 cafes and is used by thousands of households with its commercial systems.
Numilk Company Bio
| Category | Details |
| Company Name | Numilk |
| Founders | Joe Savino, Ari Tolwin |
| Founded | 2017 |
| Business Type | Private company |
| Industry | Plant-based food technology |
| Headquarters/Market | United States |
| Known For | Fresh plant-based milk machines |
| Shark Tank Appearance | Season 12, Episode 18 |
| Shark Investor | Mark Cuban |
| Primary Products | Numilk Home and commercial systems |
| Business Focus | Plant-based milk production |
| Estimated Valuation | Approximately $70 million |
| Reported Lifetime Sales | $55 million+ |
| Reported Annual Revenue | Approximately $13 million |
| Current Status | Active business |
Other sources cite slightly different stats for lifetime sales, valuation, and revenue. These numbers should be regarded as estimates, and are not audited financial statements, as Numilk is a private entity.
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Who Founded Numilk?
Joe Savino and Ari Tolwin are the founders of Numilk.
The founders were from the drink industry and wished to develop a new way to make plant-based milk. Their concept was based on newness, reduction of ingredients, packaging and transport weight.
As Numilk itself states, the company started off with basic sketches in 2017. In 2018, the founders poured their own money into development, and opened their first fresh plant-based milk machine at a location of Whole Foods in Paramus, N.J.
The early business did not see instant success.
Which is why the Shark Tank appearance was all the more significant.
Numilk’s Shark Tank Deal Explained
Numilk made its debut on Shark Tank Season 12, Episode 18 in March of 2021.
The Tank was stocked with Joe Savino and Ari Tolwin, entering the tank for seekers:
$1 million for 5% equity.
That request was based on the valuation of the company at about $20 million.
The founders gave some clarity on their business, as well as showing off their milk machine powered by plants. Some Sharks dug a little deeper into the company’s finances and the expense of expanding operations.
The structure was:
- $1 million for 7% equity
- An additional $1 million loan at 3% interest
- The advisory-share in the deal structure was an additional 3% of the loan.
Numilk’s website says it was one of the “big turning points” of the company and a $2 million deal from Mark Cuban.
Numilk’s own website describes the investment as a $2 million Mark Cuban deal and calls it one of the company’s major turning points.
Shark Tank Deal Table
| Item | Details |
| Amount requested | $1 million |
| Equity requested | 5% |
| Implied valuation | $20 million |
| Investor | Mark Cuban |
| Equity portion | $1 million for 7% |
| Loan portion | Up to $1 million |
| Loan interest | 3% |
| Additional advisory shares | 3% under the loan arrangement |
| Result | Deal accepted |
The terms of the agreement are described differently in various sources.
How Did Numilk Build Its Estimated $70 Million Valuation?
The $70 million valuation of Numilk was not included in the episode of Shark Tank.
Based on the original request on Shark tank, the company was valued at around $20 million. The terms of the deal with Cuban were negotiated at various equity levels. More recent reports have put the company’s value significantly higher.
1. The company changed its business model
Numilk is shifting from its dominant reliance on kiosks in grocery stores.
The company started to focus on smaller commercial machines and smaller machines of home use. This facilitated the product being included in cafes, and allowed consumers to use the product in their homes.
2. Home use opened a new market
The home machine provided Numilk with a product for its own use.
The company would have a machine to sell directly to the home and make extra sales from its pouches of ingredients.
3. Commercial customers added scale
Commercial systems are designed for businesses like cafes, etc. and are called Numilk.
According to Numilk, its products are now in use by over 500 cafes. This is a very different approach from its initial rollout in grocery stores.
4. The brand gained national exposure
It was a huge deal for Numilk when they were featured on Shark Tank, as they were now in the spotlight of millions of customers.
The firm also got the benefit of the association with Mark Cuban. The exposure, even if it wasn’t immediate sales, helped to introduce Numilk to the consumers interested in plant-based foods and food technology.
5. Sales increased over time
Third party reports have been citing over $55 million in lifetime sales, and about $13 million in annual sales. The numbers give some idea of why the subsequent valuation estimates are much higher than the company’s original Shark Tank valuation.
Numilk Net Worth And Business Value Overview
| Financial Metric | Reported/Estimated Figure |
| Shark Tank implied valuation | $20 million |
| Mark Cuban equity deal | $1 million for 7% |
| Additional loan | Up to $1 million |
| Reported annual sales | About $13 million |
| Reported lifetime sales | $55 million+ |
| Estimated company valuation | About $70 million |
| Confirmed personal net worth of founders | Not publicly disclosed |
Note: Companies are not valued the same as the owner’s net worth.
That doesn’t mean that Joe Savino and Ari Tolwin have $70 million apiece.
Numilk Revenue: How Does the Company Make Money?
There are several possible revenue streams for Numilk.
One of these is sales of machines.
They sell machines which are available at home. Larger systems for use by commercial customers, such as those in cafes, can be provided.
The second is sales of ingredients.
Currently, Numilk has pouches for ingredients. These contain the ingredients needed to make plant-based milk. This can lead to repeat sales once the machine is sold to a customer.
The third is commercial business sales.
Cafes and food-service businesses can use Numilk machines to make plant-based milk for customers. This opens up Numilk to the consumers, other than households.
What Happened to Numilk’s Grocery Machines?
The biggest shift in the company’s narrative was its departure from the original grocery-store kiosk idea.
The original idea was based on machines that can be placed in grocery stores. People can create new plant-based milks whilst they are buying.
The model was impressive but also challenging to run.
Big machines need to be installed, maintained, coordinated at the retail and supported on an ongoing basis. The COVID-19 pandemic also affected the company’s plans and expansion.
Numilk Products and Their Purpose
| Product/Model | Target Customer | Main Purpose |
| Numilk Home | Households | Make plant-based milk at home |
| Numilk Pro/Commercial Systems | Cafes and businesses | Produce plant-based milk for customers |
| Ingredient Pouches | Home and commercial users | Supply ingredients for milk production |
| Earlier Grocery Kiosks | Retail customers | Make fresh milk inside stores |
The company’s current business plan is much more concentrated than when it first began retail kiosks.
Numilk Physical Appearance Table
A traditional physical-appearance profile isn’t applicable to Numilk, which is not a person. Considering that the search intent relates to the Numilk machine, the following is a summary of the physical design of the Numilk machine.
| Feature | Description |
| Product type | Countertop plant-based milk machine |
| General design | Appliance-style countertop unit |
| Main function | Produces fresh plant-based milk |
| User interaction | Ingredient pouch and machine controls |
| Intended setting | Home kitchens and commercial food-service environments |
| Product category | Kitchen appliance/food technology |
| Earlier commercial design | Larger grocery and commercial machines |
The initial grocery machines made by the company were much bigger than the home machine. The evolution of Numilk’s business is a reflection of this evolution of the product and the target market.
Numilk’s Sustainability Strategy
Another key aspect of Numilk’s business model is its commitment to sustainability.
Traditional milk is made from plants and has a high water content. This implies that manufacturers will have to carry water from their production sites to stores.
The way Numilk does it is different.
With its ingredient pouches, it’s possible for the company to send their concentrate ingredients instead of the finished milk. According to Numilk, its system is 8 times lighter than conventional packaging weight and 90% less than conventional packaging. The company also claims that the average household will not be adding the equivalent of up to 160 cartons to landfills per year.
Numilk Meaning Across Platforms
Depending on the context, ‘Numilk’ may refer to various things. It tends to be linked with the company and its plant-based milk machines, primarily when conducting searches.
Numilk Meaning Across Platforms: Examples
| Platform/Context | Meaning | Example |
| Google Search | Plant-based milk machine company | “What is Numilk?” |
| Shark Tank | Startup seeking investment | “Numilk appeared on Shark Tank.” |
| Business articles | Private food technology company | “Numilk’s valuation increased after Shark Tank.” |
| Social media | Brand/product | “I saw a Numilk machine online.” |
| Shopping searches | Home plant-based milk maker | “Numilk Home machine price” |
| Food industry | Commercial milk-making system | “The cafe uses Numilk.” |
Why Numilk Stands Out in the Shark Tank Business Stories
The story is interesting in that Numilk didn’t follow the easy path from pitch to instant success.
The founders were in a difficult situation when they went into Shark Tank. They were developing both a product and a business model that needed high-end hardware to get started.
The company didn’t continue that same approach, but went another way.
This is probably one of the most significant characters in the Numilk narrative.
The business shifted from the big grocery-store machines to those that would be able to be used in homes, and in cafes. The company also created a model for a consumable ingredient.
Is Numilk Still in Business?
Yes. As of now, Numilk continues to function.
Currently, the company is marketing its domestic and business milk based on plants. According to the official site of Numilk, the machines are used by thousands of homes and the company supplies over 500 cafes.
The business is no longer just a Shark Tank company that is known for its TV show.
It’s continued honing its products and business model post show.
Is Numilk Profitable?
No broad, publicly reported and audited financial statement exists that asserts Numilk’s current profit.
Profit estimates have been reported by some third party sources. But they are not intended to be statements of actual financial disclosures.
Further, revenue and valuation are two different measures.
A firm has the potential of making millions of dollars in yearly sales, but only a few million in profit. The manufacturing, shipping, employees, research, marketing, equipment, and operating costs may also have a significant impact on the outcome.
What Is Numilk Worth In 2026?
The current best estimate of numilk net worth is around $70 million.
This is an approximation of the value of a company, though. It is not a net worth number that has been verified by Joe Savino or Ari Tolwin.
The company is far beyond the $1 million valuation suggested when they originally pitched on Shark Tank at 5%.
The company’s sales growth, home and cafes expansion strategy, product development and the involvement of Mark Cuban have brought increased visibility and value to the business.
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Final Thoughts
The Numilk net worth story is actually a tale of business versatility.
This began with a question raised by Joe Savino and Ari Tolwin: Can plant-based milk be made fresh rather than produced, packaged, and shipped in traditional carton?
The first answer they came up with was a grocery store machine. The latter was hard to scale.
The company then moved towards home machines, commercial systems, and pouches for ingredients. Mark Cuban and a big audience were given to Numilk through Shark Tank. After that show, the business went on developing.
FAQs:
What is Numilk net worth in 2026?
It is estimated that Numilk’s company valuation will be approximately $70 million in 2026. This is an estimate and not a net-worth figure due to Numilk being privately held.
Who owns Numilk?
Joe Savino and Ari Tolwin are the founders of Numilk. It was the Shark Tank appearance that got Mark Cuban invested in the company. It has not been publicly disclosed what the current ownership percentages are.
How much did Mark Cuban invest in Numilk?
Mark Cuban accepted $1 million in exchange for 7% of the company, plus another $1 million loan at 3% interest for another equity stake, which is valued by Cuban’s advisors. The overall deal is $2 million, according to Numilk.
Did Numilk get a deal on Shark Tank?
Yes. Numilk signed on to the Season 12 episode of a deal with Mark Cuban. The initial founders’ request was for $1 million at 5% equity.
What does Numilk do?
The machines Numilk manufactures make fresh plant-based milk using ingredients fed via its system. They are merchandising products for both residential and commercial purposes.
Is Numilk still in business?
Yes. Numilk is still working and now is promoting their home milk and their milk systems for use in homes and in commerce. Its products are consumed by over 500 cafes and thousands of households, the company says.
How much revenue does Numilk make?
Recent 3rd party reports estimate sales of around $13 million per year and over $55 million in lifetime sales. These are not audited financial statements for public access and should be considered estimates of the actual statements.
