Yum Crumbs was founded in 2020 by husband and wife team Amanda and Delson Jeanvilma. The idea for the company came about when the Jeanvilmas’ family bakery was running short on time to make custom crumb cakes. In response, they created a ready-to-go crumble mix that could be used on various desserts. This initial solution eventually evolved into the premium crumbled toppings that Yum Crumbs is now known for.
The company’s origins are rooted in the Jeanvilmas’ family bakery, where they experimented with different recipes and ingredients to perfect their crumble mix. This mix was initially intended to be a convenient solution for their bakery, but it ultimately became the foundation of Yum Crumbs.
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Shark Tank Appearance
Yum Crumbs appeared on Shark Tank Season 15, where Delson Jeanvilma and his son Zayden pitched the company and asked for a $100,000 investment in exchange for 10% equity. The pitch highlighted the unique qualities of Yum Crumbs’ products and the company’s potential for growth.
Barbara Corcoran and Daymond John responded with an offer of $100,000 for 20% equity, which the Jeanvilmas accepted. Kevin O’Leary also proposed a deal, but the Jeanvilmas chose to go with Corcoran and John. The deal with Corcoran and John provided Yum Crumbs with the necessary funding to expand its operations and reach a wider audience.
Current Status
Yum Crumbs has seen significant growth since its appearance on Shark Tank. The company has made $1.7 million in lifetime sales, with $460,000 in sales in the last year alone. The company’s valuation at the time of the Shark Tank pitch was $1 million, and it is estimated to have a current net worth of around $665,500, with a 10% yearly growth rate.
This growth is a testament to the company’s success and the popularity of its products. Yum Crumbs’ appearance on Shark Tank helped to increase its visibility and attract new customers, which has contributed to its significant growth.
Product Offerings
Yum Crumbs offers a large selection of crushed toppings, including strawberry shortcake, salted caramel, and cookie dough crumbs. The company’s toppings are made with high-quality ingredients and are designed to add a unique and enjoyable crunch to desserts.
Yum Crumbs has over 24 flavors, including gluten-free and seasonal offerings. The company’s products can be used to elevate a variety of desserts, including ice cream, cakes, and fruit. The wide range of flavors and options available has helped to set Yum Crumbs apart from its competitors and attract a loyal customer base.
Market Reception
Reddit users seem to love Yum Crumbs, with many praising the product’s ability to elevate desserts and add a unique texture. Some users have noted that the product is a game-changer for ice cream and other desserts, and that it’s a great alternative to traditional sprinkles.
Others have expressed their enthusiasm for the company’s wide range of flavors and the fact that the toppings are made with high-quality ingredients. Overall, the sentiment on Reddit is overwhelmingly positive, with many users expressing their admiration for the product and the company. The positive reception on Reddit is a testament to the quality of Yum Crumbs’ products and the company’s ability to connect with its customers.
Business Impact
Yum Crumbs’ appearance on Shark Tank and its subsequent growth have had a significant impact on the company’s valuation and sales. The company’s valuation has increased substantially since its appearance on the show, and its sales have expanded rapidly.
The deal with Barbara Corcoran and Daymond John provided Yum Crumbs with the necessary funding to expand its operations and reach a wider audience. The company’s growth has also helped to increase its visibility and attract new customers, which has contributed to its success. As Yum Crumbs continues to grow and expand its operations, it is likely that the company will continue to increase its valuation and sales.
Conclusion
Yum Crumbs is a company that has experienced significant growth and success since its founding in 2020. The company’s appearance on Shark Tank Season 15 helped to increase its visibility and attract new customers, which has contributed to its success.
Yum Crumbs offers a wide range of crushed toppings, including gluten-free and seasonal offerings, which are made with high-quality ingredients and designed to add a unique and enjoyable crunch to desserts. The company’s products have been well-received by customers, with many praising their ability to elevate desserts and add a unique texture.
As Yum Crumbs continues to grow and expand its operations, it is likely that the company will continue to increase its valuation and sales, and become a leading provider of premium crumbled toppings.