What Happened To Milkify After Shark Tank?

Milkify is a United States Base GMP-certified breast milk freeze-drying service. This brand converts moms’ milk into freeze-dried breast milk powder through a freeze-dying process. The freeze-drying process of this brand works on a simple principle called sublimation.

This business was started in 2019 by the couple Berkley Luck and Pedro Silva. Berkley was looking for a way to preserve the nutritional qualities of breast milk for a long time.

She was looking for a way in which she could save the beneficial bacteria in breast milk which is good for the baby’s health. Berkley has a Ph.D. in gut microbiome research and went into research to solve this problem, after which Milkify was born.

The founder had to face many difficulties in the initial years but gradually everything started getting solved. Milk Freezing – Dying Power is the best way to store breast milk.

Couple of co-founders Berkley and Pedro both entered Shark Tank to get funding for their company. They explained their business to the shark and asked the shark for $400,000 for 10% equity at $4 Million Valuation.

What Is Milkify?

Milkify is a certified breast milk freeze-drying service. Converts mom’s milk into freeze-dried breast milk powder without killing beneficial bacteria.

This brand offers a shipping kit to the mother which includes a bag to store the milk. The customer’s name and unique Id are given in that bag. Water is removed from the milk through the freeze-drying process, taking great care not to affect the nutritional quality.

Frozen milk is stored in SafeDry Lyophilization pouches and ready to ship to the customer. Breast milk powder is shelf-stable, convenient, and has a shelf life of approximately 3 years.

Breast milk has to go through 3 processes to go freeze-dried milk, namely ultra-low freeze, deep vacuum, and sublimation.

Company NameMilkify
FounderBerkley Luck and Pedro Silva
Founded2019
Productfreeze-dry breast milk for longer storage
Asked For$400k for 10% equity
Final Deal$400k as a convertible note with the option to be paid back in 3 years or Convert to 20% equity
SharkLori Greiner Profile for Shark Tank Lori GreinerGwyneth Paltrow Gwyneth Paltrow
Episode (Shark Tank USA)S14 E19
Air DateApril 7, 2023
Business StatusIn Business
WebsiteVisit Website
HeadquartersHouston, Texas, United States
Lifetime Worth (Sales)$3.5M *estimated
Buy and WatchBuy NowAmazon Prime

Another Shark Tank Pitch

Who Is The Founder Of Milkify?

The co-founders of this company are Berkley Luck and Pedro Silva. In 2019, both of them started this company.

Berkley Luck

Berkleyeley is the CO-Founder & COO of this company and she first came up with the idea of ​​this business. After completing her Ph.D. in Molecular and Biomedical Science from Baylor College of Medicine, she worked at Solari Bio for a few months.

On February 2019, she officially launched this service-based company that provides the facility to convert nursing mothers’ breast milk into power.

Pedro Silva

Pedro is another co-founder of this company. He belongs to an investment banking background. He worked for many years as an investment banking analyst at J.P. Morgan. He was also the Assistant Vice President of EIG Global Energy Partners for 5 years.

Milkify Before Shark Tank

Berkley is a gut microbiome researcher and was looking for a way to preserve the nutritional qualities of breast milk. Pedro also started helping in this, and after doing a lot of experiments, they started the Milkfee business.

Starting the business must have been very difficult for them because it is very difficult to convince a parent about freeze-dried breast milk.

Every parent takes the most care of the health of their children and does not want any issue to arise on the health of their children.

This brand claims that it takes care of the quality of breast milk and no additional ingredients are added to it. This brand has 2500+ customer satisfaction with its service and breast milk powder is 90% lighter than frozen milk says the brand.

From 2019 till now, this company has saved 500k Ounces breast milk from the freezer.

What Happened To Milkify After Shark Tank?

This company got funding from Shark Tank. Lori Greiner and Gwyneth Paltrow together invested $400k in convertible notes.

Lori said on Twitter.

I think this is such a great idea & so helpful. #Milkify #SharkTank

@LoriGreiner

Lori did a voting poll on Twitter asking people “Moms would you use this service to freeze-dry your breast milk?“, 63% of respondents said no.

What’s new on Milkify

Last Update: July 8, 2023

Right now 3000+ clients have connected with them from different cities of the United States. This year’s revenue information is not yet available.

Milkify Shark Tank Update

Co-founders Berkley Luck and Pedro Silva both entered the shark tank and explained their business to the sharks. They also informed Shark about the current performance of the business and also informed about their return customers.

We’re following Berkley Luck and Pedro Silva along with their company for further updates.

What Is The Net Worth of Milkify?

Milkify’s current worth is estimated at $4 million. Since 2019, this business is running very well. As of now, the brand is offering its service only in the United States. However, there are many states in the United States where this brand has not been able to deliver its service.

Annual Revenue by Years

Note: This report is based on our research and data so far. In this, we are only estimating the annual revenue.

YearsAnnual Revenue
2023$3M *estimated
2022$344k *estimated
2021$181k *estimated

Funding Reports to Date!

YearsFunding AmountInvestor
April, 2023$400K (Seed Round)Lori Greiner
Gwyneth Paltrow

Is Milkify Still In Business?

Since starting in 2019, this service base business is going on till now, and according to the company, there are many customers who are satisfied with them.

The brand has been featured in numerous media publications including Fox 26 Houston, HuffPost, FameTech Focus, Voyage Houston, and more.

The brand is currently headquartered in Houston, Texas, United States, and employs 2-10 people, according to its LinkedIn profile.

Yes, Milkify is still in business as of July 2023.

frequently asked questions

What is the valuation of Milkify?

The current valuation of Milkify is estimated at $4 million.

Who is the founder of Milkify?

The co-founders of this company are Dr.Berkley Luck and Pedro Silva, they started it in 2019.

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