Matt Canepa and Pat Pezet created Grinds Coffee Pouches in 2009 as a healthier alternative to chewing tobacco. Their Shark Tank appearance in 2012 boosted sales, generating $330,000 in just one month.
While the deal with Daymond John and Robert Herjavec didn’t materialize, the exposure helped Grinds expand. In 2019, the company relocated to Westfield, Indiana, with a $6.7 million investment, creating 56 jobs. Today, Grinds is valued at $5 million, with annual revenues to match.
Known for its flavored coffee pouches, Grinds continues to help users quit tobacco while growing steadily in the competitive market.
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Grinds Coffee Net Worth
| Net worth | $5 million (2025) |
| Annual Sales Revenue | $5 million |
| Investors | Daymond John And Robert Herjavec |
| Founders | Matt Canepa And Pat Pezet |
| Employees | 11-50 |
Grinds Coffee Pitch on Shark Tank
| Company name | Grinds Coffee |
| Product | A company manufacturing flavored coffee pouches as an alternative to tobacco |
| Episode | Season 04 Episode 15 |
| Founders | Matt Canepa And Pat Pezet |
| Asked for | $75,000 for 10% equity |
| Final deal | $75,000 for 15% equity |
| Sharks | Daymond John And Robert Herjave |
| Location | Westfield, Indiana |
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Grinds Coffee Founders
Matt Canepa And Pat Pezet founded Grinds Coffee in 2009. Matt and Pat are college friends randomly came up with the idea of Grinds Coffee, wrapping up a college project.
They graduated from California Polytechnic State University-San Luis Obispo, majoring in Business and Finance. Grinds Coffee’s founders Matt Canepa And Pat Pezet have a net worth of 5 million USD as of 2023.
Key accomplishments
| Year | Accomplishment |
| 2017 | Grinds Coffee was featured on Shark Tank and secured a deal. |
Conclusion
From their beginnings on Shark Tank to their current status as a thriving business, they have proven that with the right idea and execution, anything is possible. We can’t wait to see the future for Grinds Coffee and its continued success.