Hank Watt and Juliano Bonanni, who are friends and business partners, sold Nature’s Wild Berry to investors on “Shark Tank” so they could get money to help their business grow.
There was a pair on Season 14, Episode 21 (May 5, 2023), and four of the five Sharks fell for their trick. Let know what happened to the company after Shark Tank.
What Is Nature’s Wild Berry?
The freeze-dried berry Nature’s Wild Berry turns sour and tart tastes into sweet ones. That is a novel superfood that can be used instead of regular sweeteners. The business was started by Hank Watt and Juliano Bonanni in 2016 so that these magic berries could help people.
They grow the berries on a farm in Florida and use a process that is still pending patent to make sure that the berries are always the freshest and strongest ones available.
Chew on half of the freeze-dried berry for 30 seconds to use Nature’s Wild Berry. For the next 30 minutes, everything you eat or drink will taste really sweet.
It’s great for people who are trying to get healthy or who are already healthy because the sweetness lasts for up to two hours. It kind of tastes like a grape or a kiwi. It’s a little sweet and sour at the same time.
When bought, Nature’s Wild Berry works best when used within two years. However, if kept in its original case, it can be used for up to 900 days.
On their Florida farm, just outside of Miami, the company has a building that is FDA-registered, cGMP-certified, and allergen-free. They are dedicated to using environmentally friendly production methods and working for a better future for all living things.
| INFORMATION | DETAILS |
| Company Name | Nature’s Wild Berry |
| Product | Freeze-dried berry that changes sour and tart flavors to sweet |
| Founders | Hank Watt and Juliano Bonanni |
| Investment Sought | $80,000 for 15% equity at $533K Valuation |
| Sharks | Mark Cuban and Lori Greiner |
| Deal | $80,000 for 20% equity and $3 royalty |
| Current Status | Still in business as of May 2023 |
| Popular Product | Small travel kit that costs $26.99 per package |
| Sales | Sold out of its entire stock due to high demand |
| FDA Certification | FDA-registered, cGMP-certified, and allergen-free facility located in Florida |
| Sustainability | Sustainably grown, organic, non-GMO, and kosher |
| Shark Tank Net Worth | $400,000 after receiving a deal from Mark Cuban and Lori Greiner |
| Expansion | Secured distribution deals with several major retailers, including Whole Foods, Sprouts, and Kroger |
| New Product | Sour Punch Candy Coated Wild Berries, which combines the sweetening effects of the berry with a sour candy coating |
What Did Nature’s Wild Berry Do After Shark Tank?
Nature’s Wild Berry was on Season 14 Episode 21 of Shark Tank. Hank Watt and Juliano Bonanni pitched their business and asked for $80,000 for 15% ownership at a value of $533,000. Hank Watt and Juliano Bonanni, the founders, showed the Sharks their freeze-dried “miracle berries,” which turn sour foods sweet.
The Sharks were surprised by how well their product, a jar of berries that change your taste buds, worked. The sharks were told during the show that Hank had put $120,000 of his own money into the business.
Kevin O’Leary offered $80,000 for 33% of the business and a $5-per-unit fee until he got back $160,000. Daymond John offered $80,000 for up to 30% of the business without any royalties.
Kevin later changed his offer to $80,000 for 20% of the business and a $5 fee on each unit sold until he gets $160,000 back. Lori Greiner offered $80,000 for a 20% stake in the business and a $3-per-unit fee until she got her money back.
Later, Mark Cuban and Lori Greiner worked together to make an offer of $80,000 for 20% of the business and a $3-per-unit fee until they got their money back. The two business owners agreed to take Mark and Lori up on their offer to spend $80,000 in “Nature’s Wild Berry” in exchange for 20% ownership and a $3-per-unit royalty until they got their money back.
Nature’s Wild Berry has continued to grow and add new products to its line since it was on Shark Tank. Several big stores, like Whole Foods, Sprouts, and Kroger, have agreed to carry the company’s products. In addition, they have opened an online store that makes it easy for people all over the US to buy their goods.
Nature’s Wild Berry came out with a new product in 2020 called Sour Punch Candy Coated Wild Berries. These berries have a sour candy coating on them, which makes them taste sweet. Nature’s Wild Berry has done very well since Shark Tank and the company keeps coming up with new products and expanding its line.
How Much Does Nature’s Wild Berry Worth on Shark Tank?
BizNewske says that Nature’s Wild Berry was thought to have a net worth of $400,000 after appearing on Shark Tank. It did this after Mark Cuban and Lori Greiner offered $80,000 for 20% of the company and a $3 fee.
Nature’s Wild Berry went on Shark Tank and asked for $80,000 for 15% of the business, which was worth $533,000.
The founders of the business said they hoped to reach their financial goal of $340,000, with a net profit spread of about $50,000. There was a lot of demand for the product, and the company sold all of its stock.
Does Nature’s Wild Berry still run their business?
Nature’s Wild Berry is still in business as of the latest available information. The company’s website indicates that they are back in stock and actively selling their products.
Additionally, Amazon reviews and the company’s Instagram account confirm that Nature’s Wild Berry is operational and offering its unique miracle berry products to customers.
Despite a low profile on social media, the company remains active and continues to engage with customers through their online platforms.
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