Snacklins Shark Tank Update (Season 11)

Snacklins, based in Washington, D.C., is a brand known for its natural and healthy snacks. Their tasty snacks come in various flavors, made from ingredients like yuca, mushrooms, and onions.

All Snacklins products are vegan, gluten-free, soy-free, dairy-free, and nut-free. Each snack bag contains around 80-100 calories, making them a guilt-free snack option.

With flavors like Barbeque, Nacho, Cinnamon Churro, Teriyaki, and more, Snacklins offers a variety of crunchy and delicious options.

You can find Snacklins products in stores across the United States, including Whole Foods, Morton Williams, Fairway Market, Walmart, and various individual retail stores.

Company NameSnacklins
FounderSamy Kobrosly
ProductVegan and healthy snacks brand
Asked For$250K for 2.5% equity
Final Deal$250k for 5% equity and 5% advisory shares
SharkMark Cuban
Episode (Shark Tank USA)S11 E4
Air DateOct 20, 2019
Business StatusIn Business
WebsiteVisit Website
HeadquartersWashington, District of Columbia, United States
Lifetime (Sales)$15M *estimated
Go To AmazonBuy Now
Watch OnAmazon Prime

Another Shark Tank Pitch

Samy Kobrosly, co-founder and inventor of the Snacklins brand, launched the business in 2015. Prior to starting Snacklins, Kobrosly gained experience working in 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 the business with the sharks. As of now, Kobrosly currently holds a 30% ownership stake in the company.

He mentioned that he allocated a 10% share of the company to his employees. With sales estimated at $2 million this year, up from $200,000 last year, their products’ availability in national retail stores like Whole Foods and 7-Eleven contributed to this growth.

Having raised $1.5 million so far, all sharks except Mark Cuban declined to invest. However, Mark expressed continued interest but sought a better deal.

Kobrosly initially offered Mark $250k for 5% equity, but Mark proposed an alternative: $250k for 5% equity plus 5% advisory shares convertible over 3 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, the brand’s products were available in Stop & Shop’s 300+ retail stores in the United States.

By 2022, the brand’s snacks were available in various retail chain stores such as Whole Foods, Stop and Shop, Erewhon, and many others across the United States.

Mark Cuban announced on social media in August 2022 about Pan’s Mushroom Jerky & Snacklins, stating that the products of both companies were now available at HEB Store in Texas. By 2022, this company had sold almost $4 million worth of products.

As of April 2023, a funding campaign for SNACKLINS has been launched on the Wefunder platform with a $100,000 goal. The business has generated a total revenue of $15 million since its commercial launch.

Currently, the product is available in over 2500 retail locations including Stop and Shop, HEB, Whole Foods, Sprouts, Wegman’s, and many more. In season 13 episode 6, an update was given about the company’s performance, stating that its products are now available in 2500+ retail stores including Whole Foods, Sprouts, Wegman’s, and many others.

What Is the Net Worth of Snacklins?

Snacklins’ estimated net worth is $17 million, based on the company’s lifetime sales and valuation. Union Kitchen has invested a total of $2 million in this company, with $1 million invested on January 2, 2023, according to Crunchbase’s report.

The current headquarters of this private company are located in Washington, District of Columbia, United States, and a total of 11-50 employees are working there.

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