Vade Nutrition Net Worth 2020
Vade Nutrition is a health supplement company located in East Lansing, Michigan. It was founded by former wrestler and wrestling team captain Joe Johnson, along with his wife Megan Johnson. During their time as collegiate athletes, they noticed that there was a need for a more convenient way to consume protein shakes and other sports nutrition supplements.
The founders’ goal is to make their product safer, more convenient, and healthier. They developed a patented protein pod called VADE, which is a dissolvable food-grade film. Each pod contains a set amount of triple-filtered 100% whey isolate protein that is designed to be taken with a water-based drink.
Since its creation, Vade Nutrition has developed a loyal customer base. The product can be purchased through its website, as well as through Amazon. As of the end of 2018, the business had sold over $80,000 worth of products.
One of the main features of Vade is that it provides a nutrient boost that helps users recover from exercise. It also focuses on reducing fatigue and increasing energy.
In addition to its protein powder pods, the company also offers pre-workout packs. These packs are made with a combination of amino acids, vitamins, and minerals that help muscles grow and stay strong.
In the summer of 2016, Vade Nutrition’s founders met at a summer camp for college athletes. Both Megan and Joe are avid workout enthusiasts, and they wanted to create a more convenient way to get their protein.
During their time as collegiate athletes, Joe and Meghan noticed that there was a need for reusable, safe protein packs that are easy to use. In their research, they found that there was a significant amount of wasted protein in vehicles. By putting it in a pod, they could reduce the amount of waste.
Joe Johnson is a former collegiate wrestler and wrestling team captain at Michigan State University. He and his wife have a son named Noah. Throughout their time as students at Michigan State, they participated in several businesses. At one point, they decided to leave the school and start a business of their own.
Before their appearance on Shark Tank, Joe and Megan had already sought out investment for their company. The couple had been offered a $250,000 deal by Mark Cuban, as well as a $700,000 deal by Alex Rodriguez. Ultimately, they accepted the offer from both men, which gave them 40% ownership of the company.
After appearing on Shark Tank, the company has made more than $2 million in sales. Their product is available at GNC, Amazon, and other online stores. Currently, the founders’ net worth is estimated at $20 million.
VADE Nutrition is also featured on the Forbes 30 Under 30 list. This shows that the company has made a positive impact on the health industry. While they originally targeted athletes and those who want to improve their performance in the gym, the company has expanded its line of products to cater to a wider range of consumers.