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The News God > Blog > Entertainment > Bertello Net Worth: What Happened After Shark Tank?
Entertainment

Bertello Net Worth: What Happened After Shark Tank?

Emmanuel Amanor
Last updated: December 27, 2023 9:56 am
Emmanuel Amanor
December 27, 2023
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Bertello Net Worth: What Happened After Shark Tank?
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You’ve undoubtedly considered buying a pizza oven to cook homemade pizza that tastes as delicious as takeout from the local pizzeria. Have you considered the Bertello Outdoor Pizza Oven (formerly the Napoli Pizza Oven)? It debuted on Season 11, Episode 15 of the popular television program “Shark Tank.” A very inexpensive option for the garden is the Bertello pizza oven.

Contents
  • What is Bertello?
  • Who are the founders of Bertello
  • Genesis of Bertello
  • Pitch on Shark Tank
  • After Shark Tank
  • Bertello’s Net Worth
  • Net Worth Timeline
  • Frequently Asked Questions

Created by brothers Andy and Eric Bert, the product is a mini outdoor pizza oven that runs on charcoal, wood, and gas, making pizzas in only two minutes, a step above the more limited pizza oven choices on the market. It is an improvement over the more limited options for pizza ovens available on the market. For the product, which was then known as the Napoli Pizza Oven, the two launched a successful Kickstarter campaign in 2017 that raised over $200,000 beyond its $10,000 target.

Bertello on Shark Tankk

What is Bertello?

Bertello is a portable pizza oven specifically designed for use outdoors. Even though it is mainly pizza design, it can be used to prepare other dishes, including meat and veggies. Users get a practical cooking appliance without building a giant pizza oven in the backyard.

Who are the founders of Bertello

Andy and Eric Bert are the founders of Bertello. The brothers are entrepreneurial brothers. Growing up together, the duos were huge fans of pizza. Before founding Bertello, initially, they took different career paths as adults. Eric was a licensed structural engineer and inspector in the Manhattan area for ten years. Andy was a finance professional who spent years working on open outcry trading floors. When Andy married, he moved to St. Paul, Minnesota. He began working in financial services there.

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Genesis of Bertello

Eric chose to apply his engineering knowledge to a project other than building bridges. He loved authentic Italian pizza, and he was sick of the flavor of frozen pizza and pizza baked in conventional home ovens. He therefore created a transportable, wood-, charcoal-, or propane-fueled backyard pizza oven. With so many fuel options, the pizza cooked more quickly.

He and Andy partnered up after he told him about his invention. To launch Bertello in 2017, the Bert brothers invested $90,000. In less than two years, they earned $640,000. They took out a $70,000 loan at the beginning of year two and quickly paid it back.

Pitch on Shark Tank

In season 11, Andy and Eric appeared to seek $120,000 for a 10% stake to raise money to hold more inventory. The pizza was so good that the Bertello brothers amazed the Sharks with their entertaining introduction. This, along with their sales results, piqued the interest of multiple Sharks. Their energy level slightly decreased after a spirited opening to the pitch.
Barbara made them feel uncomfortable by brusquely calling this out.

Ultimately, it came down to O’Leary and Corcoran biting into a shark together. Corcoran expressed doubts about Eric Bert’s energy level. Still, she justified her suspicions by pointing out that she had done well on investments in the past, even though she wasn’t as passionate about the product as the entrepreneur.

However, she offered the requested $120,000 for a more significant 25% ownership. Seizing the chance to demonstrate his enthusiasm for the product, O’Leary matched the $120,000 offer but took 30% ownership instead. Once the Bertello team countered O’Leary at 25%, they effectively reached Corcoran’s request and immediately closed the deal with Mr. Wonderful. They later noted that O’Leary had believed in them initially, whereas Corcoran had not.

Andy and Eric Bert , founders of Bertello
Andy and Eric Bert , founders of Bertello

After Shark Tank

Following the episode’s airing, Bertello got to work creating actual dough. They had made $1 million in revenue before the show. In November 2021, they made $6.3 million in sales, according to an interview with twincities.com. By the end of 2022, their revenue has surpassed $8 million in just one year. After the show aired on March 13, 2020, sales of $75,000 were made daily.

However, due to the COVID-19 pandemic, America was placed under lockdown three days later. So instead of freaking out, the brothers refocused their sales strategy to emphasize internet sales, and they later claimed that this had saved their company.

The cutting-edge pizza oven is still available at Walmart, Amazon, and Bertello.com, the company’s official website. The company now sells skillets and other kitchen accessories in addition to ovens. Their original outdoor pizza oven has 569 reviews on Amazon with an average star rating of 4.1.

Bertello’s Net Worth

How much is Bertollo worth? Andy, Eric Bert, and the Bertello Company have wildly succeeded in their product. As of 2023, Bertello is worth an estimated $2.5 million.

Net worth$2.5 million (2023)
Annual Sales Revenue$3 million (2023)
Profits–
Lifetime sales–
InvestorKevin O’Leary
FoundersAndy Bert and Eric Bert

Net Worth Timeline

Net Worth 2023$1.5 million
Net Worth 2022$1.5 million
Net Worth 2021–
Net Worth 2020–
Net worth valuation in 2020 after appearing on Shark Tank  $480,000
Net worth valuation in 2020 before appearing on Shark Tank  $1.2 million

Frequently Asked Questions

Q. In which year was Bertollo founded?

A. Bertollo was founded in 2017.

Q. Who founded Bertollo?

A. Bertollo was founded by two brothers, Andy and Eric Bert, from Woodbury, New York.

Q. How much is Bertollo worth?

A. The company is worth $2.5 million.

Q. Which investor from Shark Tank made a deal with Bertollo?

A. Bertollo acquired a deal from Mr. Wonderful.

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