Snacklins, based in Washington, D.C., is a brand recognized for its natural and healthy snacks. Their delicious snacks are crafted from ingredients such as yuca, mushrooms, and onions, and come in a variety of flavors.
All Snacklins products are vegan, gluten-free, soy-free, dairy-free, and nut-free, with each snack bag containing approximately 80-100 calories, making them a guilt-free option.
With flavors like Barbeque, Nacho, Cinnamon Churro, and Teriyaki, Snacklins provides a range of crunchy and tasty choices.
You can find Snacklins products in stores across the United States, including Whole Foods, Morton Williams, Fairway Market, Walmart, and various independent retailers.
| Company Name | Snacklins |
| Founder | Samy Kobrosly |
| Founded | 2015 |
| Product | Vegan and healthy snacks brand |
| Asked For | $250K for 2.5% equity |
| Final Deal | $250k for 5% equity and 5% advisory shares |
| Shark | Mark Cuban |
| Episode (Shark Tank USA) | S11 E4 |
| Air Date | Oct 20, 2019 |
| Business Status | In Business |
| Website | Visit Website |
| Headquarters | Washington, District of Columbia, United States |
| Lifetime (Sales) | $15M *estimated |
| Go To Amazon | Buy Now |
| Watch On | Amazon Prime |
Another Shark Tank Pitch
Samy Kobrosly, co-founder and inventor of the Snacklins brand, launched the business in 2015. Before starting Snacklins, Kobrosly gained valuable experience working at various companies after completing his studies at American University.
How Was The Shark Tank Pitch Of Snacklins?
Kobrosly shared the story of how he started Snacklins with the sharks. He currently holds a 30% ownership stake in the company and has allocated a 10% share to his employees.
This year, sales are estimated at $2 million, a significant increase from $200,000 last year, thanks in part to their products’ availability in national retail stores like Whole Foods and 7-Eleven.
Having raised $1.5 million so far, all the sharks except Mark Cuban declined to invest. However, Mark expressed continued interest but sought a better deal.
Kobrosly initially offered Mark $250,000 for 5% equity, but Mark proposed an alternative: $250,000 for 5% equity plus 5% advisory shares convertible over three years. Kobrosly accepted Mark’s offer.
Finalized: Mark Cuban invested $250k in exchange for 5% equity (+ 5% advisory shares) in Snacklins.
Snacklins Shark Tank Update
By 2020, Snacklins products were available in over 300 Stop & Shop retail stores across the United States. By 2022, their snacks had expanded to various retail chains, including Whole Foods, Erewhon, and others nationwide.
In August 2022, Mark Cuban announced on social media that both Pan’s Mushroom Jerky and Snacklins products were now available at HEB stores in Texas. By that time, the company had sold nearly $4 million worth of products.
As of April 2023, Snacklins launched a funding campaign on the Wefunder platform with a goal of $100,000. The business has generated a total revenue of $15 million since its commercial launch.
Currently, Snacklins products are available in over 2,500 retail locations, including Stop & Shop, HEB, Whole Foods, Sprouts, and Wegmans. An update in Season 13, Episode 6 of Shark Tank reported that their products are now featured in more than 2,500 retail stores, including Whole Foods and Sprouts.
What Is the Net Worth of Snacklins?
Snacklins has an estimated net worth of $17 million, based on the company’s lifetime sales and valuation. According to a report from Crunchbase, Union Kitchen has invested a total of $2 million in the company, including $1 million on January 2, 2023.
The current headquarters of this private company is located in Washington, D.C., and it employs between 11 and 50 people.
