What Happened To Wondry Wine After Shark Tank?
Wondry Wine After Shark Tank Update: Wondry Wine is 100% Natural Wine which is made using organic berry, citrus & exotic fruit to make the wine. While making wine, it is specially taken care that no artificial ingredients are being added to it. All their wines are produced at 13.9% ABV (alcohol by volume).
This wine provides fruity flavor, although if seen, there are many people who like different types of fruit wine. An ordinary wine contains about 11% alcohol to 13%, which is a good alcohol percentage for a wine lover.
According to the report of the International Organization, the market size of wine is $12,471.20 million in 2022. In 2019, only the United States consumes 14% of the total organic wine.
What Is Wondry Wine?
Wondry wine is a natural wine and it is made using natural organic fruits, apart from, this wine has very low alcohol content.
This wine comes with a variety of flavors including peach, apple, mango and more. Their cocktail wines are available at 48 retail stores in the United States. Cocktail wines cost an average of $15 to $24, depending on the flavor.
Who Is The Founder Of Wondry?
Wife and Husband Whitney Gates and Chaz Gates is the co-founder of Wondry Wine Company. They started this company in 2021 from Texas.
Whitney is the Co-Founder and Chief Executive Officer of the company. After completing her marketing studies from Washington University in St. Louis, she completed her MBA studies from the same university.
Wondry Wine Shark Tank Update
Company Name | Wondry Wine | |
Founder | Whitney Gates and Chaz Gates | |
Founded | 2021 | |
Product | 100% natural & infused with organic berry, citrus & exotic fruit | |
Asked For | $185K for a 8% equity | |
Final Deal | $225K for a 15% equity | |
Shark | Mark Cuban | |
Episode (Shark Tank USA) | S14 E6 | |
Air Date | Nov 11, 2022 | |
Business Status | In Business | |
Wondry Wine Net Worth | $100K *estimated | |
Headquarters | Dallas, Texas, United States | |
Wondry Wine Instagram | View Profile | |
GO TO AMAZON | Buy Now |
Also Read This: What Happened To Click and Carry After Shark Tank?
Youthforia on Shark tank Pitch
Both Gates entered Shark Tank with their company “Wondry Wines” and demanded $185k for an 8% stake from the sharks. Both of them pitched their product to the shark in a very unique way and the sharks also enjoyed it.
Daymond John says that he is not a wine person, he does not know how it is going and he does not have expertise in it, so that is why he is out.
Lori Greiner says that this is not the right investment for her, so she is out for this reason. Peter Jones says that this business is not right for him and this business journey is quite tough.
Mark Cuban offered the entrepreneur $185k for a 15% equity. Whitney countered Mark for $250k for a 15% equity. Mark made another counter offer of $225K for a 15% equity. The entrepreneur agreed to this offer of Mark.
Wondry Net Worth
This natural wine comes with an average price and is mostly sold in the Dallas area. It should be available in every restaurant and bar throughout the United States to make the wine more sold. Looking at its old sale reports, we believe Wondry net worth is around $60,000.
Is Wondry Wine Still In Business?
Yes, Wondry Wine is still in business as of November 2023.
The founder of this wine company is from the Black community and the founder says that 1% of the winemakers belong to the Black community.
The co-founder of this company, Whitney, her family members have been making homemade wine for a long time. The founder taught her uncle how to make homemade wine.
FAQs
Whitney Gates and Chaz Gates are the co-founder of Wondry Wine Company.
Wondry net worth is around $60,000.
Yes, Wondry Wine is still in business as of November 2023.
Table of Contents