Go Oats is a frozen oatmeal brand dedicated to providing nutritious, ready-to-eat oatmeal options.
Founded in Alexandria, Virginia, the company has expanded its reach to various cities and supermarkets across the United States.
Oatmeal is a versatile product that can be enjoyed at any time of day, whether for breakfast, lunch, or as a snack. It is packed with nutrients that contribute to a healthy lifestyle.
To create their signature product, Oatmeal In a Ball, Go Oats follows a three-step process. First, they select high-quality steel-cut oats, then mix them with fresh dairy milk and natural flavors. Finally, the product is prepared for delivery to your home.
Company Name | Go Oats |
Founder | Nahum Jeannot |
Product | Oatmeal In A Ball |
Asked For | $150k For 10% Equity |
Final Deal | $150k For 20% Equity |
Shark | Barbara Corcoran |
Episode (Shark Tank USA) | S12 E2 |
Business Status | In Business |
Net Worth 2022 / Valuation | $1.6M *Estimated |
Who Is The Founder Of Go Oats?
The founder of Go Oats is Nahum Jeannot, who hails from Alexandria, Virginia, United States. Alongside him, a chef contributes to the Go Oats business.
Nahum completed his Bachelor’s degree in Culinary Arts and Related Services/Hospitality Management from The Restaurant School at Walnut Hill College.
After finishing his studies, he worked for three years at Goodwin House Baileys Crossroads and served as the banquet chef at the Hyatt Regency Tysons Corner Center. Ultimately, he decided to leave his previous roles to start Go Oats.
Did Go Oats Get a Deal on Shark Tank?
Go Oats founder Nahum Jeannot delivered an impressive pitch during his appearance on Shark Tank. He outlined the product’s features and its potential market value in the coming years. Nahum sought an investment of $150,000 in exchange for 10% equity in the company.
After thorough discussion, Barbara Corcoran decided to invest in the business, ultimately offering $150,000 for 20% equity in the startup.
What Happened To Go Oats After Shark Tank?
Following its funding from Shark Tank, Go Oats plans to allocate its resources toward marketing and manufacturing.
The product gained significant exposure through free marketing on television, resulting in a substantial increase in orders. The business operates on both a regular and subscription basis, currently offering a 10% discount on sales.
What Is The Go Oats Net Worth?
As of 2022, Go Oats has an estimated net worth of $800,000, and it continues to grow. During the COVID-19 pandemic, sales declined significantly; however, the company is now focused on increasing product sales through a new strategic plan.
Go Oats is currently available in over 20 Hainans and more than 60 Whole Foods stores across seven states in the United States.
Next, we will give you information about the Go Oats Oatmeal startup.