A lot of people enjoy making their own food. It’s still necessary to do a lot of prep work, from weighing and measuring ingredients to peeling, slicing, and grating, even if your plan is for a straightforward weeknight supper. Not to mention the cleanup mess that will need to be done—that’s where Prepdeck comes into play.
Prepdeck was created as a comprehensive meal prep system to maintain order in the kitchen. A Los Angeles-based entrepreneur, Alexander Eburne, invented it. Eventually, Prepdeck appeared on the Shark Tank to see $750,000 for 7.5%. Unfortunately, they didn’t secure any deals from the show. Since then, the question has been whether Prepdeck is still in business.
Well, you’re in luck! The answer is a resounding yes. Keep reading because this article highlights everything about Prepdeck, from its founding to its appearance on Shark Tank. Well, let’s get you up to speed.
What is Prepdeck?
Prepdeck helps home cooks prepare ahead of time, maintain organization, and enjoy a stress-free cooking environment by bringing chef-approved mise en place techniques to their kitchen. To enable you to enjoy every minute in the kitchen, Prepdeck makes best practices accessible to home cooks.
Other Prepdeck Accsserios
In addition to the base accessories that come with the bundle, Prepdeck also sells additional accessories
- Tablet/Phone Holder
- Large containers
- Extra cutting boards
- Extra container set
- Knife block
- Travel Bag
Founder of Prepdeck
Prepdeck is the brainchild of entrepreneur Alexander Eburne. He is a native of Sydney, Australia, but little is known about his educational background. He moved to Los Angeles, California, over a decade ago. Alexander began his entrepreneurial journey in 2000, founding Zealous Works. After five years of working, he quit to become a consultant at TGBN Mergers & Acquisitions.
He later was hired as a business development manager at Axis Telecommunications. In 2007, he left Axis Telecommunications to work as the VP of Sales and Marketing at EcoSmart Fire. Alexander served as the CEO of Harbor Outdoor, an Australian outdoor furniture manufacturer, in 2009. Alexander left in 2011, returned to EcoSmart Fire, and took up his second CEO role.
History and Birth of Prepdeck
After Alexander and Christine were married, he used the kitchen regularly and left it messy often. Until she became pregnant, his wife had always cleaned up after him. “It was her husband’s responsibility to tidy the kitchen because Christine wanted to spend less time doing it herself.” Alexander concluded: “that no gadget could make cooking more organized for someone like him.”
Prepdeck was created at the beginning of 2018 due to this idea. Prepdeck is an organizing kit with various cooking utensils, measuring cups, and ingredient containers. Intending to raise $25,000, he started a crowdfunding campaign on IndieGoGo; in the end, he raised almost $360,000. In just two years, he reached $7.2 million in sales.
Appearance on Shark Tank
Alexander Eburne projected $10 million in sales in 2021. He still required funds to expand his product line, hire more workers, and increase inventory. In Shark Tank season 13, Alexander appeared and asked for $750,000 for 7.5%. The Sharks were particularly interested in the Australian businessman’s sales.
Although the Sharks didn’t like the valuation and some needed to learn more about the industry, they soon realized Alexander was a shrewd businessman. With a $750,000 loan with 9.5% interest and a 5% equity stake, Kevin O’Leary was the only Shark to submit an offer. Eburne attempted to push back, but Kevin remained unmoving, and no agreement could be reached. He declined the deal, to Cuban’s admiration.
After Shark Tank
Unsurprisingly, Prepdeck is still doing well since the company was already headed in the right direction before Shark Tank. Since then, they have released new goods like container sets, preparation tools, and a scaled-down Prepdeck. Amazon and Prepdeck.com, the company’s official website, sell the product. The practice of grouping the products is assisting in maximizing sales.
The innovative kitchen brand is now available in Canada and will soon be available in Europe and Australia. On their website, the new Prepdeck Gen 2 design has a 4.8-star rating based on 978 reviews. Over the last 36 months, the company has grown by more than 100% and has done $16 million in lifetime sales. They are looking to raise more funds on WeFunder at a valuation of $17 million. The founder anticipates the company will generate $30 million in revenue by 2025.
Net Worth
Prepdeck has earned tremendous wealth despite not securing a deal from the Shark Tank show. As of 2023, Prepdeck is worth $17 million. Over the last 36 months, the company’s growth has exceeded 100%, and its lifetime sales have reached $16 million. With WeFunder, they aim to raise an additional $17 million in funding. By 2025, the company’s founder hopes to turn a $30 million profit.
| Net worth | $17 million (2023) |
| Annual Sales Revenue | $10 million (2021 projecting) |
| Profits | $525K (2020) |
| Lifetime sales | $16 million |
Frequently Asked Questions
Q. Who founded Prepdeck?
A. Alexander Eburne founded Prepdeck.
Q. Which year was Prepdeck founded?
A. Prepdeck was founded in 2018.
Q. Did Prepdeck get a deal on the Shark Tank?
A. No, Prepdeck didn’t get any offer.
Q. Is Prepdeck still in business?
A. Yes, they are still in business.
