Go Oats Oatmeal, a frozen oatmeal brand that appeared in Shark Tank Season 12, makes oatmeal full of Nutrition. There are many people who say oatmeal for breakfast etc. And this product was born to make this thing tasty and in less time. The founder of this product, Nahum Jeannot, has asked for $150,000 in exchange for 10% of his company’s equity in Shark Tank.
We have done some research and found out that the market value of oatmeal was $4.97 billion in 2020 but that could be $8.63 billion in the coming 2027. Oatmeal is a nutritious food to be eaten in breakfast, most of the parents prefer to give it to their children.
What Is Go Oats Oatmeal?
Go Oats is a frozen oatmeal brand that focuses on providing users with nutritious oatmeal food in a ready-to-eat format. This company was started in Alexandria, Virginia, the United States, which has now reached many cities and supermarkets of United States.
Oatmeal is a product that can be eaten at any time like breakfast, lunch, etc. It has a lot of nutrition which helps in keeping the human body healthy.
This company focuses on making oatmeal. So it follows 3 steps to make its product Oatmeal In a Ball. First of all, he selects good steel-cut oats and makes this product by mixing fresh dairy milk and natural flavors in it. After that, this product is ready to reach your home.
Go Oats Shark Tank Update
|Company Name||Go Oats|
|Product||Oatmeal In A Ball|
|Asked For||$150,000 For 10% Equity|
|Final Deal||$150,000 For 20% Equity|
|Episode (Shark Tank USA)||Season 12 Episode 2|
|Business Status||In Business|
|Net Worth 2022 / Valuation||$800,000 *Approx|
Go Oats Contact Details
|Mobile App||Go To PlayStore|
Who Is The Founder Of Go Oats?
The founder of Go Oats is Nahum Jeannot, who hails from Alexandria, Virginia, United States. There is also a chef along with Founder Interpreneur. He completed his Bachelor’s degree, Culinary Arts and Related Services/Hospitality Management from The Restaurant School at Walnut Hill College.
After completing his studies, he worked in Goodwinhouse Baileys Crossroads for 3 years. He used to be the banquet chef at the Hyatt Regency Tysons Corner Center. Leaving all his work, he has started this brand.
Go Oats Before Shark Tank
Go Oats was selling its product even before the arrival of Shark Tank. It is available both online and offline. People are liking this product very much and it is also available in big supermarkets. Their products are available in more than 100 stores in the United States. You will find the products of this brand in Dawsons Market, Gelson’s, Meijer, Vons, Whole Foods Market, etc.
Did Go Oats Get a Deal on Shark Tank?
Go Oats founder Nahum Jeannot gave a very good pitch after coming to Shark Tank. He also told Shark about the feature scope of this product and what it will be worth in the coming times. The founder asked Shark to invest $150,000 in exchange for 10% of the equity in the company.
After much discussion about this thing, finally, Barbara Corcoran made up her mind to invest in this business. Shark invested $150,000 in this startup by taking 20% equity of the company.
What Happened To Go Oats After Shark Tank?
After Go Oats gets funding from Shark Tank, it is going to spend its money on marketing and manufacturing. Free marketing of his product was done on television, due to which he got a lot of orders for his product. This business is working on a regular and subscription basis, so its 10% off sale is going on right now.
What Is The Go Oats Net Worth?
Go Oats Net Worth It is $800,000 in 2022 which is still growing. During the time of COVID19, his sales were decreasing quite a bit, but now he is engaged in growing the sales of the product with his new strategic plan. It is currently available in 20+ Hainan’s and 60+ Whole Foods stores across 7 states of the United States.
Next, we will give you information about the Go Oats Oatmeal startup.