What Happened To Rebel Cheese After Shark Tank?
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Rebel Cheese After Shark Tank Update: Rebel Cheese is a vegan cheese business founded by husband and wife team Fred Swar and Kirsten Maitland. They have opened their vegan restaurant in Austin where they serve different vegan foods along with vegan cheese.
During the Covid 19 Pandemic, all the food businesses shut down, they started online food delivery and gave it to them, and they generated a lot of sales. They mostly sold desserts and sandwiches online.
What Is Rebel Cheese?
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Rebel cheese is a vegan cheese made from nut milk instead of cow milk. They sell different flavored cheeses like Gruyere, Balsamic Fig and walnut Fromage, Parmesan, Truffle Chèvre, Truffle Brie, Spanish Paprika Chèvre, Ash Chèvre, Cinnamon Cognac Gjetost, and many more.
Their selling also includes Curated boxes such as Fromagier, and Winter Wonder, which cost $115 and $158. You can buy from their website on an on-time or subscription basis.
Who Is The Founder Of Rebel Cheese?
The co-founders of Rebel Cheese Business are Fred Swar and Kirsten Maitland, both of them are husband and wife. They have a restaurant in Austin where they sell desserts, sandwiches cheese, etc.
Rebel Cheese Shark Tank Update
Company Name | Rebel Cheese | |
Founder | Fred Swar and Kirsten Maitland | |
Founded | 2019 | |
Product | Vegan Cheese Restaurant | |
Asked For | $750,000 for 5% equity | |
Final Deal | $750,000 for 10% equity | |
Shark | Mark Cuban Lori Greiner | |
Episode (Shark Tank USA) | S15 E9 | |
Air Date | Dec 15, 2023 | |
Business Status | In Business | |
Rebel Cheese Net Worth | $15MK *estimated | |
Headquarters | Napa, California, USA | |
Rebel Cheese Instagram | View Profile | |
GO TO AMAZON | Buy Now |
Also Read This: What Happened To Coconut Girl After Shark Tank?
Rebel Cheese on Shark Tank Pitch
After entering Shark Tank, Fred Swar and Kirsten Maitland asked the Sharks for $750,000 for 5% equity at a $15 million valuation. They explained to the Sharks about their vegan cheese business.
Currently, their products are available in 100+ retail stores. So the making cost of Brie cheese is $4.67 and the retail cost including all necessary expenses comes to $9.
Kevin O’Leary is out of this business due to high valuation. Mark Cuban immediately offered $750,000 for 10% equity. Within seconds, Lori Greiner decided to team up with Mark.
The founders countered with 6% equity but Mark said no. Second countered $1m for 10% equity but the Sharks said no. 3rd countered with $750k for 7.5% equity but the Sharks said no. Fred and Kirsten accept Mark and Lori’s offer.
Rebel Cheese Net Worth
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Rebel Cheese’s net worth is estimated at $15 million. According to some reports, the market size of the Cheese Industry in the United States in 2021 is estimated to be USD 38.98 billion and only Vegan Cheese is estimated to be USD 9 Billion.
Is Rebel Cheese Still In Business?
Yes, Rebel Cheese is still in business as of December 2023.
To make their vegan cheese available in retail stores, they need a good business partner who can also help in marketing. It will take a lot of time to grow this business.
The headquarters of this company is in Austin, Texas, United States, and 2-10 employees are working in it.
FAQs
The co-founders of Rebel Cheese Business are Fred Swar and Kirsten Maitland.
Rebel Cheese’s net worth is estimated at $15 million.
Yes, Rebel Cheese is still in business as of December 2023.
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