Meat The Mushroom Shark Tank Net Worth

Meat The Mushroom’s flagship product, Shroomacon, is a vegan bacon alternative crafted from premium ingredients like sliced mushrooms, natural smoke flavor, olive oil, salt, and black pepper.

This plant-based bacon offers a savory and smoky taste reminiscent of traditional pork bacon without the health concerns associated with animal-derived products.

Shroomacon stands out for being free of soy, gluten, and cholesterol, catering to individuals with dietary restrictions or preferences. Its versatility allows it to be used in various dishes where bacon is traditionally enjoyed, providing a satisfying crunch and rich flavor.

With glowing reviews and endorsements from notable figures, Meat The Mushroom’s Shroomacon has carved a niche in the market as a delicious and healthier alternative to conventional bacon options.

Company NameMeat the Mushroom
FounderMarvin and Aleah Montague
ProductVegan Bacon
Investment Seeking$150,000 for 7.5% equity
Final Deal Accepted$150,000 for 33.3% equity
Shark NameKevin O’Leary, Lori Greiner
EpisodeSeason 15, Episode 12
Business StatusIn Business
WebsiteVisit Website
Net Worth$500,000

What Is Meat The Mushroom?

Meat the Mushroom is a small Baltimore-based start-up that specializes in producing a plant-based bacon alternative called Shroomacon. Shroomacon is made primarily from mushrooms and aims to provide a healthy and guilt-free option for individuals looking to replace traditional pork, beef, and turkey bacon with a vegan alternative.

Meat the Mushroom’s flagship product, Shroomacon, is the result of Marvin’s experimentation with various ingredients over almost a year. The final product contains only five ingredients: black pepper, salt, natural smoke flavor, olive oil, and king oyster mushrooms (also known as king trumpets).

The mushrooms are sliced into large strips instead of diced and pressed into a mold to create a bacon-like texture.

Meat The Mushroom Shark Tank Net Worth

Shroomacon has garnered positive reviews from customers, with many praising its taste and versatility in cooking. The product is currently available for purchase on the company’s website and in select markets across the country.

Customers can buy a four-pack of Shroomacon for $48 or an eight-pack for $88, with delivery included. Each pack contains approximately eight to ten slices of Shroomacon.

Who Is The Founder Of Meat The Mushroom?

Marvin Montague Jr. and Aleah Montague are the co-founders of Meat The Mushroom, a plant-based food company known for its flagship product, Shroomacon.

Marvin, driven by personal health challenges, including asthma and heart disease, turned to vegetarianism and later veganism. Aleah, with over a decade of retail marketing experience, serves as the Chief Marketing Officer.

Marvin’s health journey and passion for plant-based eating led to the creation of Meat The Mushroom. Originally aspiring to open a vegan restaurant, Marvin’s accidental development of the Shroomacon recipe inspired the launch of the company.

The artisanal process of making Shroomacon, mimicking the texture and taste of pork bacon, was perfected over a year of experimentation.

Before appearing on Shark Tank, Meat The Mushroom focused on perfecting and distributing Shroomacon. The company partnered with specialty chains like Wegmans and local community stores to make plant-based options accessible.

Aleah’s strategic digital marketing efforts built awareness around the brand’s mission. The co-founders aimed to inspire dietary change by offering realistic vegan pork products, making plant-based eating enjoyable and accessible.

How Was The Shark Tank Pitch Of Meat The Mushroom?

Founders: Marvin and Aleah Montague
Product: Meat the Mushroom – a plant-based bacon alternative made from mushrooms
Investment Seeking: $150,000 for 7.5% equity
Final Deal: $150,000 for 33.3% equity
Sharks: Kevin O’Leary, Lori Greiner

Marvin and Aleah Montague presented their plant-based bacon alternative, Meat the Mushroom, on Shark Tank Season 15. The couple sought a $150,000 investment for 7.5% equity in their company.

During the pitch, they highlighted that Marvin’s health journey led them to create this healthy alternative to traditional bacon.

The Sharks were impressed with the product, with Kevin O’Leary and Lori Greiner extending an offer of $150,000 for 33.3% equity. Mark Cuban,

Meat The Mushroom Shark Tank Net Worth

Daymond John and Daniel Lubetzky did not make offers. Eventually, Aleah and Marvin accepted Kevin and Lori’s joint offer.

Pitch Details:

  • Marvin and Aleah created Meat the Mushroom after Marvin’s health condition led him to go vegan.
  • The product is made of 5 simple ingredients, mainly King Oyster mushrooms, and is non-GMO.
  • Cost to produce: $2.09 (can be reduced to $1.75), Retail price: $8.99, Wholesale price: $4.40.
  • Sales: $38,000 in 2021, $86,000 in 2022, over $238,000 at the time of filming.
  • 93% of sales direct-to-consumer, expanding into retail.

Sharks’ Responses:

  • Kevin O’Leary and Lori Greiner accepted the deal of $150,000 for 33.3% equity.
  • Mark Cuban didn’t make an offer due to a conflict of interest.
  • Daymond John dropped out, citing potential challenges.
  • Daniel Lubetzky also didn’t make an offer.
  • Lori Greiner expressed love for the product but wished the pieces were longer.

Shark Tank Investment Details Table

SharkInvestment OfferedCounter Offer by FoundersFinal Deal Accepted
Kevin O’Leary$150,000 for 33.3%Countered at 25% equityYes (with Lori)
Lori Greiner$150,000 for 33.3%N/AYes (with Kevin)

The table above summarizes the investment offers, counter offers, and the final deal accepted by the founders of the Sharks during the Meat The Mushroom Shark Tank pitch.

Did Meat The Mushroom Get a Deal on Shark Tank?

Yes, Meat The Mushroom successfully secured a deal on Shark Tank. Kevin O’Leary and Lori Greiner invested $150,000 in the business in exchange for 33.3% equity.

The investment has helped Meat The Mushroom gain significant exposure and grow its business.

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What Happened To Meat The Mushroom After Shark Tank?

After appearing on Shark Tank, Meat the Mushroom secured a deal with Kevin O’Leary and Lori Greiner for $150,000 in exchange for 33.3% equity.

Following the show, their vegan bacon product quickly sold out, garnering attention from ABC News and a nomination in Veg News’ 2024 Veggie Awards.

Meat the Mushroom’s vegan bacon product, SHROOMACON, made from mushrooms, olive oil, salt, smoke flavor, and black pepper, has gained popularity in retail stores like Woodman’s, Mom’s Organic Market, and Central Market.

The business, led by founders Marvin and Aleah Montague, continues to thrive, with a net worth estimated at $500,000 million.

Operating out of Baltimore, Maryland, Meat the Mushroom remains active and focused on its plant-based vegan food offerings.

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Meat The Mushroom Shark Tank Update

After appearing on Shark Tank, Meat The Mushroom experienced a significant boost in brand recognition and consumer interest.

The exposure from the show helped the company expand its distribution network, making its mushroom-based products more widely available in grocery stores and online platforms.

The exposure and validation from the show propelled them to new heights in the plant-based food industry. This led to an increase in popularity and sales of their flagship product, Shroomacon.

Additionally, the endorsement from the Sharks provided credibility to the brand, attracting more customers seeking plant-based meat alternatives.

Meat The Mushroom Shark Tank Net Worth

Meat The Mushroom continued to focus on quality and sustainability, emphasizing its environmental benefits and health advantages over traditional meat products.

The positive reviews from notable personalities further contributed to their success. Meat the Mushroom now offers Shroomacons for purchase on its website and in various retail stores nationwide.

The company’s commitment to offering flavorful and nutritious plant-based options resonated with a growing segment of health-conscious and environmentally aware consumers.

Their customer-centric approach, extended shelf life, and commitment to quality have helped them build a strong reputation.

As a black-owned business based in Baltimore, Maryland, Meat the Mushroom stands for diversity and entrepreneurial excellence, making it a unique and innovative choice for customers seeking flavorful plant-based alternatives.

The Shark Tank’s appearance acted as a catalyst for Meat The Mushroom’s growth, propelling it into a prominent position in the plant-based food industry while staying true to its core values of quality, taste, and sustainability.

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What Is the Net Worth Of Meat The Mushroom?

According to our research, Meat The Mushroom’s net worth is estimated to be $500,000. The Valuation of Meat The Mushroom was $450,000 after securing an investment from Lori Greiner and Kevin O’Leary on season 15 of Shark Tank.

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