Sweet Kiwi has a net worth of $8.5 million USD. Sweet Kiwi’s founders Michael and Ehime walked into the Shark Tank seeking a $250,000 investment for 5% equity in the company, which offers whipped Greek Yoghurt healthily. The company walked away with a deal from Robert Herjavec.
Sweet Kiwi Net Worth 2024
| Net Worth | $8.5 Million |
| Annual Sales | $3.2 Million |
| Founders | Michael and Ehime |
| Asked For | $250k for a 5% equity |
| Shark Tank Deal | $250k for 16% equity |
| Investor | Robert Herjavec |
| Lifetime Sales | $10 Million |
Sweet Kiwi Sales Revenues
When Sweet Kiwi appeared on Shark Tank, the company was already in business for several years and their products are available at Walmart and Kroger. Before shark tank, the company was generating an estimated $1.4 million in annual revenues.
After the shark tank episode aired and Robert’s investment came in, the Sweet Kiwi’s sales soared. Within the first 12 months after the episode aired on TV, the company generated $2.5 million in sales and more than doubled its retail store presence.
As of today, the company generates $300,000 in monthly sales and is available at over 5000+ Walmart, Wholefoods and other retail outlets. The company also makes sales through its website, which accounts for 25% of total revenues.
Shark Tank Pitch
Ahime and Michael, the founders, pitched Sweet Kiwi on Shark Tank seeking $250,000 for 5% equity. They highlighted the rising demand for healthy, convenient snacks, emphasizing their product’s deliciousness and nutritional value.
They also presented customer testimonials and strong sales figures to show market traction.
Offers from Sharks:
- Kevin O’Leary: $250,000 for 20% equity
- Mark Cuban: No Offer
- Lori Greiner: No Offer
- Robert Herjavec: $250,000 for 20% equity
- Daymond John: No offer
Final Deal
Robert Herjavec informs the founders that he can help them become a $100 million company in the future. After a few negotiations, a deal is closed with Robert for 16% equity for a $250,000 investment into Sweet Kiwi. Since this investment, the company’s net worth has more than tripled.