What Happened To Ka-Pop! After Shark Tank?
Flora After Shark Tank Update: Ka-Pop is a food business that makes snacks from ancient grains. Sorghum is specially used to make this snack product.
When he let his 6-year-old son finicky eat it, he liked the taste. Dustin started this business after taking feedback on snacks from his friends and family.
Within a few months of starting the business, they made Ka-Pop Chips available at Rouses Markets, Whole Foods, Mom and Pop Stores. The journey of Dustin’s food business starts with a small story. When Dustin was a fitness instructor, he was looking for a healthy chip but couldn’t find it.
What Is Ka-Pop!?
Ka-Pop is a snack business that makes gluten-free, non-GMO, kosher, and vegan chips using ancient grains. Mainly ancient grains sorghum is used to make the product.
Ka-Pop is a snack business that makes gluten-free, non-GMO, kosher, and vegan chips using ancient grains. Mainly ancient grains sorghum is used to make the product. These snacks are available at many retail stores like Ralphs, Whole Foods, Kroger, etc. The product is also available on Amazon and the company website.
Who Is The Founder Of Ka-Pop!?
Dustin Finkel is the founder and CEO of Ka-pop company. After studying finance from Emory University, Dustin earned an MBA in Marketing from Northwestern University. After working in a finance company for many years, he worked in different positions in the food industry.
In 2014, he started MacGray, LLC Consulting Firm. He provides leadership, strategy, marketing, financial, and valuation services to businesses at his firm.
Ka-Pop! Shark Tank Update
Company Name | Ka-Pop! | |
Founder | Dustin Finkel | |
Founded | 2017 | |
Product | Non-GMO, Air-popped, Ancient Grain Chips | |
Asked For | $350k for 5% equity | |
Final Deal | No Deals | |
Shark | No Sharks | |
Episode (Shark Tank USA) | S11 E12 | |
Air Date | Jan 19, 2020 | |
Business Status | In Business | |
Ka-Pop! Net Worth | $4.5M *estimated | |
Headquarters | Denver, Colorado, US | |
Ka-Pop! Instagram | View Profile | |
GO TO AMAZON | Buy Now |
Also Read This: What Happened To Splashzen After Shark Tank?
Ka-Pop! on Shark Tank Pitch
After entering the Shark Tank, Dustin asked the sharks for $350k for 5% equity. Rohan A really liked the product.
There were $150k in sales in 2018 and Dustin estimates $1.2 million in sales in 2019. The head of Whole Foods Grocery, Founder of Boulder Brands, and Founder of Pacific Foods has invested in this company.
Dustin had invested $50k in this business and the investor had invested $943k in the first pre-revenue round. After the first round, Dustin has a 67% stake in the company.
All the sharks went out but Kevin O’Leary offered $350k for 17.5% equity at a $2 million valuation. Dustin countered with $500k for 10% equity at a $5M Valuation. Kevin refused.
Ka-Pop! Net Worth
The Ka Pop company has an estimated net worth of $4.5 million. The snack food industry is very brutal and there are many players in this industry who are competing. It will not be easy for a new brand to achieve success in this industry. According to the data for 2021, the market size of the global snacks food product is $557.85 billion.
Is Ka-Pop! Still In Business?
Yes, Ka Pop is Still in business as of September 2023.
Many people are consuming the snacks of this company and gradually the company is launching new flavors to expand the product.
The official address of this business is Denver, Colorado, United States and it employs 5-10 people working in it.
FAQs
Dustin Finkel is the founder and CEO of Ka-pop company.
The Ka Pop company has an estimated net worth of $4.5 million.
Yes, Ka Pop is Still in business as of September 2023.
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