What Happened To Sweetkiwi After Shark Tank?
Sweetkiwi After Shark Tank Update: Sweetkiwi is an award winning natural frozen Yogurt brand. This brand’s frozen dessert-like Yogurt is completely different from other Yogurt, this is the brand’s claim. Their yogurt contains natural ingredients like protein, probiotics, fiber, and immune-boosting superfoods.
Ehime came up with this business idea and decided to quit her job as a Bankruptcy Referral Litigation Specialist II at Citi group. She has opened her stores in various locations in Nigeria including Lekki, Lagos and many more.
According to Bellanaija, in 2018, she launched this yogurt company in the United States. The main objective of this brand is to provide a high quality premium dessert to satisfy the customer.
What Is Sweetkiwi?
Sweetkiwi is a natural frozen Yogurt brand. This brand uses natural and healthy ingredients to make frozen Yogurt, which is also very tasty to eat.
This brand offers 6 types of flavored yogurt and its price ranges from $38.99-$58.99. All these Greek yogurts are made by mixing fresh milk and some super foods.
This brand of yogurt is available at stores throughout the United States, including Wholefoods, Walmart, Krogerco and many more.
Who Is The Founder Of Sweetkiwi?
Ehime Eigbe is the founder and CEO of this yogurt company. She started this business in Nigeria and is currently based in the United States.
Sweetkiwi Shark Tank Update
| Company Name | Sweetkiwi | |
| Founder | Ehime Eigbe | |
| Founded | 2011 | |
| Product | healthy frozen yogurt | |
| Asked For | $250k for 5% equity | |
| Final Deal | $250k for 16% equity | |
| Shark | Robert Herjavec | |
| Episode (Shark Tank USA) | S14 E16 | |
| Air Date | March 10, 2023 | |
| Business Status | In Business | |
| Sweetkiwi Net Worth | $1.5M *estimated | |
| Headquarters | Washington, D.C, United States | |
| Sweetkiwi Instagram | View Profile | |
| GO TO AMAZON | Buy Now | |
Also9 Read This: What Happened To Frescos Naturales After Shark Tank?
Sweetkiwi on Shark Tank Pitch
After both Ehime and Michael enter Shark Tank, the sharks ask for $250k for 5% equity. They made Shark taste their product Greek Yogurt and Robert liked the taste of Raspberry Flavored Yogurts.
Ehime started this business in Nigeria and has grown the business into the Biggest Frozen Yogurts Company in Africa. The lifetime revenue of this business is $2 million and this product is available in +1700 Whole Foods, Walmart etc. in the United States.
Daymond John liked the product but he is out of business purpose. Kevin O’Leary said I am out, during the conversation between the founder and Mark Cuban. Robert Herjavec offered $250k for 20% equity. Michael said can I counter, in this Robert said after such a nice pitch of mine, you want to counter.
Michael countered $250k for 7.1% equity + 5% advisory shares. Robert counters $250k for 16% equity. The founder agreed to this offer.
Sweetkiwi Net Worth
As of now, according to us, Sweetkiwi’s worth is estimated at $1.5 million. This company has been running since 2011 and is performing very well. Most people have liked the yogurt of this brand and the company has plans to expand in other countries.
Some media sites have claimed that the global frozen yogurt market size in 2020 was $1.63 billion. It is being estimated that by 2028 this industry will reach $2.14 billion.
Is Sweetkiwi Still In Business?
Yes, Sweetkiwi is still in business as of March 2023.
At the beginning of the business, Ehime has been focusing on growing it. Both wife and husband are growing this business very well. This product is available in major supermarket chains in the United States.
The current headquarter of this company is in Washington, District of Columbia and it currently employs 11-50 employees according to LinkedIn.
FAQs
Ehime Eigbe is the founder and CEO of this yogurt company.
Sweetkiwi’s worth is estimated at $1.5 million.
Yes, Sweetkiwi is still in business as of March 2023.
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