Product Update
Is Daisy Cakes Still in Business? (2026 Update)
Is Daisy Cakes from Shark Tank still around in 2026? The deal it made, the sharks who invested, and where to buy Daisy Cakes today.
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Daisy Cakes is a Southern layer cake business that has quietly become one of the strongest survival stories to come out of Shark Tank's early seasons, and founder Kim Nelson's own account of nearly losing everything to a bad outsourcing decision is exactly the kind of detail that separates a real business from a lucky TV moment.
The Short Answer
Yes, Daisy Cakes is still in business, and it is doing well. As of August 2024, Shark Tank tracking sources reported the company generating roughly 4 million dollars in annual revenue, a substantial number for a from-scratch bakery business more than a decade removed from its television appearance.
The company sells nationwide, ships to all 50 states, and continues expanding its product lineup well beyond the original layer cakes.
The Shark Tank Pitch
Kim Nelson pitched Daisy Cakes in Season 2, Episode 6, out of Greenville, South Carolina. She asked for 50,000 dollars in exchange for 25 percent of the company, presenting handmade Southern layer cakes built from a family recipe.
Food businesses built around a personal, generational recipe tend to carry real emotional weight into the pitch, and Nelson's story of baking to support her family resonated with the panel.
The Deal That Got Done
Barbara Corcoran made the deal at the exact terms asked for, 50,000 dollars for 25 percent equity, one of the more straightforward matches between ask and offer on this list. That capital gave Nelson the ability to secure real commercial kitchen space and scale production well past what a home-based bakery could manage, eventually pushing monthly sales over 100,000 dollars and expanding distribution to all 50 states. Corcoran fully recouped her initial investment as the business grew.
That kind of full payback is a meaningful marker, since plenty of Shark Tank deals never get there even when the underlying company survives.
A Real Setback, and How the Business Recovered
The road was not smooth the whole way. At one point Nelson outsourced production to a contract bakery to handle growing demand, and that decision backfired badly, resulting in a 165,000 dollar loss tied to production mistakes at the outside facility. Rather than absorb that as a permanent setback, Nelson pulled production back in-house to regain direct control over quality, and that correction restored the business's momentum.
The company kept growing after that. In 2019, Daisy Cakes opened a second bakery location in Las Vegas specifically to cut down on shipping costs for customers in the western half of the country. In 2020, the product line expanded to include vegan and gluten-free cake options, along with a new plant-based protein pie line and MiniKins, miniature cakes served in individual cups. The company also experimented with vending machines at Harry Reid Las Vegas International Airport, though those were later discontinued due to ongoing maintenance issues, a small footnote in an otherwise expanding operation.
Daisy Cakes net worth in 2026
The most recent sourced figure for Daisy Cakes comes from Shark Tank tracking coverage in August 2024, which put annual revenue at approximately 4 million dollars. That is a revenue figure rather than a personal or company net worth estimate, and no separate valuation number has been publicly reported for Kim Nelson or the business as a whole.
Given the two-bakery operation, nationwide shipping, and an expanding product line including vegan, gluten-free, and protein pie offerings, that 4 million dollar revenue figure reflects a company still actively growing rather than one coasting on past momentum.
Where Things Stand Now
Daisy Cakes pitched Season 2 out of Greenville, South Carolina, closed with Barbara Corcoran at the full 50,000 dollars for 25 percent, survived a 165,000 dollar outsourcing loss by bringing production back in-house, and has since opened a second Las Vegas bakery and expanded into vegan, gluten-free, and protein pie products.
As of the most recent reporting, the company generates around 4 million dollars a year and ships to all 50 states. This is one of the clearer yes answers on this site, a small family bakery that turned a shark's investment into a real, durable national business.
Where to buy Daisy Cakes
Still selling as of February 11, 2026. Check today's price and availability.
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See the full Daisy Cakes deal breakdown and term sheet →
