Sweetkiwi is a natural frozen yogurt brand that uses wholesome and healthy ingredients to create delicious frozen yogurt. The brand offers six different flavored yogurts, priced between $38.99 and $58.99. Each Greek yogurt is made by blending fresh milk with various superfoods.
Sweetkiwi products are available at retailers across the United States, including Whole Foods, Walmart, Kroger, and many others.
| Company Name | Sweetkiwi |
| Founder | Ehime Eigbe |
| Founded | 2011 |
| Product | healthy frozen yogurt |
| Asked For | $250k for 5% equity |
| Final Deal | $250k for 16% equity |
| Shark | Robert Herjavec |
| Episode (Shark Tank USA) | S14 E16 |
| Air Date | March 10, 2023 |
| Business Status | In Business |
| Website | Visit Website |
| Headquarters | Washington, D.C, United States |
| Lifetime Worth (Sales) | $2.6M *estimated |
| Go To Amazon | Buy Now |
| Watch On | Amazon Prime |
Another Shark Tank Pitch
Who Is The Founder Of Sweetkiwi?
Ehime Eigbe is the founder and CEO of Sweetkiwi, a natural frozen yogurt company. She started this business in Nigeria and is currently based in the United States.
Ehime Eigbe
Ehime joined Citigroup as a Bankruptcy Referral Litigation Specialist II after earning her Bachelor of Arts from London Metropolitan University. After leaving Citigroup, she launched her own business while also serving as the director of Your Way Foods for four years. Currently, Ehime is focused full-time on her yogurt company.
Michael Akindele
Michael is the director of Sweetkiwi and the founder of Uncharted Ventures. He is currently working as a UX lead at Tata Consultancy Services.
How Was The Shark Tank Pitch Of Sweetkiwi?
After both Ehime and Michael entered Shark Tank, they sought $250,000 for 5% equity in Sweetkiwi. The sharks tasted their Greek yogurt, and Robert Herjavec particularly enjoyed the raspberry flavor.
Ehime started this business in Nigeria and has grown it into the largest frozen yogurt company in Africa. The lifetime revenue for Sweetkiwi is $2 million, and the product is available in over 1,700 locations, including Whole Foods and Walmart in the United States.
As of 2022, they have completed $650,000 in sales and are projecting between $1.2 million and $1.4 million by the end of the year. This month, they also secured product approval at Kroger.
Kevin O’Leary noted that getting the product into Kroger stores would be challenging, so he offered $250,000 for 20% equity. Although Daymond John liked the product, he opted out for business reasons.
During a discussion with Mark Cuban, Kevin O’Leary eventually withdrew his offer. Robert Herjavec then offered $250,000 for 20% equity. Michael asked if he could counter, prompting Robert to respond, “After such a nice pitch of mine, you want to counter?”
Michael countered with $250,000 for 7.1% equity plus 5% advisory shares. Robert countered with $250,000 for 16% equity. The founders ultimately accepted Robert’s offer.
Finalize: Robert invests $250k in SweetKiwi for 16% equity.
Sweetkiwi Shark Tank Update
Ehime and her husband delivered a compelling presentation about their business after appearing on Shark Tank. They discussed various aspects related to the business’s scope and sales, fostering an engaging conversation between the sharks and the founders.
We will continue to follow Ehime Eigbe and Michael Akindele, along with their company, for further updates.
What Is The Net Worth of Sweetkiwi?
As of now, we estimate Sweetkiwi’s worth to be around $1.5 million. This company has been operating since 2011 and is performing exceptionally well.
Many customers have expressed their satisfaction with the brand’s yogurt, and the company plans to expand into other countries.
