Every Table - Shark Tank Update

Everytable - take-out packaged food

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Season 9, Episode 21 Founded by Sam Polk, David Foster In Business

Every Table Details

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Shark Tank Episode Details

Founders Sam Polk, David Foster
Air Date 2018-01-28
Season & Episode Season 9, Episode 21
Initial Ask $1.0M for 5.0% equity
Deal Details Got deal: $1.0M for 10.0% equity from Rohan Oza
Estimated Yearly Revenue $30-50 million
Estimated Net Worth (4x estimated revenue) $160.0 million

The Shark Tank Pitch

Social impact entrepreneurship took center stage when founders recognized the stark inequality in food access across different neighborhoods and developed EveryTable as a revolutionary restaurant concept that would deliver high-quality, nutritious meals at prices determined by the economic demographics of each location, essentially creating a sliding scale pricing model that made healthy food accessible regardless of zip code income levels. Their innovative approach challenged traditional restaurant economics by charging premium prices in affluent neighborhoods while offering the same quality meals at significantly reduced costs in underserved communities, using cross-subsidization to ensure that nutritious, chef-prepared meals weren't luxury items available only to higher-income consumers.

The concept addressed the growing recognition of food deserts and nutrition inequality while building a sustainable business model that could expand healthy food access without relying solely on charitable donations or government subsidies. Seeking investment to scale their socially conscious restaurant concept and expand into additional markets, the EveryTable team entered Shark Tank Season 9 with a mission-driven business model that combined social impact with commercial viability, targeting the intersection of public health concerns, social equity, and the growing consumer demand for businesses that deliver both profit and positive community impact through innovative approaches to addressing systemic inequalities in food access and nutrition.

Where Are They Now?

The sharks evaluated EveryTable's social impact restaurant model with consideration of the complex economics involved in cross-subsidizing meals across different economic demographics, weighing factors including operational scalability, location selection challenges, customer acquisition across diverse communities, and the sustainability of maintaining quality while varying prices based on neighborhood economics. The innovative pricing model likely raised questions about consumer perception, brand management across different markets, and the operational complexity of managing restaurants with identical food quality but dramatically different price points, creating unique challenges that traditional restaurant investors might find difficult to evaluate.

Following their Shark Tank appearance, EveryTable continued developing their mission-driven restaurant concept, focusing on proving the viability of their sliding-scale pricing model while building operations that could maintain food quality and service standards across economically diverse locations. We found that EveryTable continues operating in the social impact restaurant space, though specific details about their current market presence, number of locations, and financial performance remain limited, suggesting they may have focused on careful market expansion and refining their unique business model rather than pursuing rapid scaling, which is common for social impact businesses that prioritize sustainable community impact and operational excellence over aggressive growth metrics, particularly when serving diverse economic communities requires specialized approaches to customer engagement, location selection, and maintaining the delicate balance between commercial viability and social mission fulfillment.

Revenue

$30-50 million

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