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The Ice Cream Canteen: Shark Tank USA S14, a Consumer Goods Startup

The Ice Cream Canteen, a Consumer Goods Startup, appeared on Shark Tank USA Season 14 Episode 18. The founder aimed to secure investment and partnership from the sharks. Let’s see if they succeeded in getting the support they sought.

By Chahat Sharma
New Update
The ice cream canteen ST

The Ice Cream Canteen is a San Francisco, California, USA-based startup that sells Consumer Goods. The Ice Cream Canteen appeared in Shark Tank USA Season 14 Episode 18. The pitch was presented by founder Jordan Stern. They were there to seek $100K in exchange for 5% equity.

What does The Ice Cream Canteen do?

The Ice Cream Canteen sells a vacuum-insulated container that keeps ice cream frozen for hours. Its copper-lined, double-wall insulation can maintain frozen ice cream for up to 4 hours on its own and up to 8 hours when placed in a cooler. It fits any standard pint of ice cream and is portable which makes it perfect for picnics, BBQs, the beach, movies or lake days. The watertight silicone gasket ensures no leaks and it even helps keep hands warm while enjoying your ice cream.

Company 

The Ice Cream Canteen

Founder

Jordan Stern

Founded in

2018

Headquarter 

San Francisco, California

Industry

Consumer Goods

Sales 

$450K net  at the time of the pitch

Profitability 

Yes

Valuation

$2 million

Shark on Board 

Lori Greiner and Mark Cuban

Asked Investment

$100,000 for 5% Equity

Raised Investment

$100,000 for 20% + $200,000 line of credit

Website

https://www.theicecreamcanteen.com/

Conclusion

The founder of The Ice Cream Canteen presented a wholesome pitch on Shark Tank USA Season 14. The sharks appreciated the innovative product of the startup and saw its potential. Shark Kevin, Mark and Lori expressed interest in making an investment. The sharks ended up debating among themselves to convince Jordan. Ultimately, Jordan accepted the offer from Lori and Cuban after they pressured him to make a quick decision. Since the deal in summer 2022, Jordan has partnered with Salt and Straw to sell branded canteens and works with small shops nationwide. The product now offers custom laser engravings and a new version, Ice Cream Canteen 2.0. The new version of the product features an easier-to-open lid. By July 2024, the company was generating $1.8 million in annual revenue.

Explore Shark Tank USA Season 16 Episode 06.

FAQ

Who is the founder of The Ice Cream Canteen?
Jordan Stern is the founder of The Ice Cream Canteen.
What is the founding year of The Ice Cream Canteen?
The Ice Cream Canteen was founded in 2018.
Did The Ice Cream Canteen get investment on Shark Tank USA?
Yes, The Ice Cream Canteen got an investment in Shark Tank USA.
Where is the headquarters of The Ice Cream Canteen?
The headquarters of The Ice Cream Canteen is in San Francisco, California.

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