What Happened To Nana Hats After Shark Tank?

Nana Hats After Shark Tank Update: Nana Hats is a BPA free silicone cap that slows down the ripening process of bananas. To make this silicone cap beautiful, different design crochet hat is attached on it. With this, ‘Banana Bunch’ looks good and remains fresh for a long time.

In 2019, Founder Sean Adler was moving forward with a mission, Especially when he bought a bunch of bananas from the grocery store, his bananas turned brown quickly and Because of this, he had to throw the banana.

Banana is such a food that everyone used to like and inside Banana we get many nutrition like Vitamin C, B6 etc. That’s why many people like to make banana shake after workout because it is very good for health. If the temperature of Banana is not controlled then its shelf life is 2 to 3 days. So Nana hats increase the shelf life of ripe Banana.

What Is Nana Hats?

Nana Hats is a company that makes bpa-free silicone caps and these caps are covered with different types of crochets. Apart from this, there is a small magnet on the top part of the silicone caps.

These hats are re-usable as well as keep them fresh for a long time. Currently this product comes with more than 12 hats styles including Viking, Unicorn, Cheeseburger, Watermelon, Pineapple and Panda.

The price of Nana Hats is $12.99. This product is available on the official website along with Amazon.

Who Is The Founder Of Nana Hats?

Sean Adler is the founder and CEO of Nana Hats Company, he started this company in 2019

Nana Hats Shark Tank Update

Company Name	Nana Hats
Founder	Sean Adler
Founded	2019
Product	BPA-free silicone caps keep the Banana fresh for longer
Asked For	$150K for a 10% equity
Final Deal	$150K for a 20% equity
Shark	Lori Greiner and Peter Jones
Episode (Shark Tank USA)	S14 E6
Air Date	Nov 11, 2022
Business Status	In Business
Nana Hats Net Worth	$0.3M *estimated
Headquarters	San Diego, California, United States
Nana Hats Instagram	View Profile
GO TO AMAZON	Buy Now

Also Read This: What Happened To Tenikle After Shark Tank?

Nana Hats On Shark Tank Pitch

Founder Sean Adler entered Shark Tank with his company “Nana Hats” and asked the Sharks for $150k for a 10% equity. The founder told Shark complete information about his business idea and product so that Shark would invest in his business.

His sales in 2021 were $483,000. The founders are projecting to make $600,000 this year. 60% of their sales are from D2C and 40% are from wholesale. Mark Cuban said that he cannot invest in this company But Mark told the founder that you are smart enough to make so many sales through this crazy idea.

Daymond John says that he cannot become a partner in this, then he is out. Sean Adler is running this business full time with his wife and he has recently become a father. Peter Jones said that he likes this business idea and he will invest half in it, so there is a need for another shark to join it.

Lori Greiner said that she would give another half and Lori also said that she would together with Peter make Nana Hats a global brand. Entrepreneur counters Lori and Peter for $150k for a 15% equity. Peter and Lori countered another $150k for a 20% equity. The entrepreneur agreed to the deal.

Nana Hats Net Worth

This company’s sales report is not so good but we feel that this margin will be very high according to the price of the product. This product is being sold at a very high price according to its size. We think Nana Hats net worth could be around $0.3 million to $0.8 Million.

Is Nana Hats Still In Business?

Yes, Nana Hats is still in business as of November 2022.

This product has got 3.5 rating on Amazon which is not so good. 45% of people gave 5-star rating and 20% of people gave 1 star ratings.

This company is headquartered in San Diego, California, United States and the founder and his family members work in it.

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