Nutr Shark Tank Update | Nutr Net Worth

Nutr is a revolutionary machine designed to prepare fresh and nutritious nut milk at home, catering to the increasing demand for plant-based products in the health-conscious market.

Co-founders Alicia Long and Dane Turk developed the Nutr machine to provide a healthier and more sustainable milk alternative for those with lactose intolerance, following a vegan diet or simply preferring the taste of nut milk.

The Nutr machine offers a simple and efficient process for creating homemade plant-based milk from nuts, grains, and other ingredients without the need for preservatives, gum fillers, or processed sugars.

Its self-cleaning system, temperature control mechanism, and compact design make it an eco-friendly and convenient choice for individuals seeking a zero-waste solution for non-dairy milk.

With its user-friendly approach and versatile capabilities, including the ability to make various hot and cold plant-based beverages, Nutr stands out as a must-have appliance for those looking to enjoy the benefits of homemade nut milk while contributing to a greener planet.

Company NameNutr
FounderAlicia Long and Dan Turk
ProductMachine for making plant-based milk
Investment Seeking$500,000 for 5% equity
Final Deal AcceptedNo Deal
Shark NameNo Shark
EpisodeSeason 14, Episode 12
Business StatusIn Business
WebsiteVisit Website
Net Worth$12 million

What Is Nutr?

Nutr is a wellness brand that has created a revolutionary product called the Nutr Machine. This patent-pending machine allows users to make their nut and plant-based milk at the touch of a button.

Nutr is designed as a sleek single-serve device that saves time, reduces packaging waste, and provides a tastier experience compared to store-bought alternatives.

The Nutr Machine empowers consumers to create a variety of drinks, including nut and plant-based milk, coffee creamers, hot drinks, smoothies, and more. It offers a convenient and affordable solution for those looking to enjoy dairy-free or nut-free options at home.

Nutr Shark Tank Update | Nutr Net Worth

Nutr’s commitment to wellness and sustainability sets it apart. For every Nutr sale, the company pledges to plant a tree, making it not only a choice for personal health but also for the environment.

By enabling consumers to make their own clean and delicious plant-based milk, Nutr promotes a healthier lifestyle while reducing reliance on store-bought products and their associated packaging waste.

The Nutr Machine is available in different editions, including limited edition matte black and rose gold, as well as a white machine. The cost of the limited edition machines is $189, while the white machine is priced at $169. Customers can purchase Nutr from Amazon and the official Nutr website.

Since its launch in July 2021, Nutr has gained recognition from major media outlets like Mashable, Forbes, Self, Women’s Health, Huffington Post, WSJ, CBS, and PopSugar.

The company has achieved remarkable success, running double-digit million-dollar revenue rates and being ranked among the top eco-conscious gadgets by WSJ.

Nutr has also established partnerships with renowned retailers such as Sur La Table, Best Buy, William Sonoma, and several national retail chains.

Nutr is a game-changing wellness brand that offers a convenient and sustainable solution for making nut and plant-based milks at home. With its innovative Nutr Machine and commitment to wellness and sustainability, Nutr is empowering consumers to take control of their milk choices while contributing to a greener future.

Who Is The Founder Of Nutr?

The founders of Nutr are Alicia Long and Dane Turk. Alicia, a recruiter for Google, had a long-held dream of becoming an entrepreneur. While on maternity leave, she took an online course called “Start and Scale” to pursue her entrepreneurial aspirations.

During the course, Alicia learned the importance of creating a solution rather than just a product.

Alicia was inspired to address the problems associated with commercial nut milk. She noticed that these products often contained unhealthy additives, generated excessive carton waste, and contributed to environmental pollution.

Having grown up in China, where her mother made nut milk using a time-consuming and messy process, Alicia realized that many people today are making nut milk at home with blenders, which is also inconvenient and messy.

The Nutr Machine was conceived by her business acumen and Dane’s mechanical engineering expertise. The goal was to develop a compact, convenient, versatile, and self-cleaning appliance that would allow people to make nut milk easily with just the touch of a button.

Before appearing on Shark Tank, Alicia and Dane had already developed the Nutr Machine with several key features. The machine had powerful blades and a motor that could create tastier and creamier nut milk without the need for pre-soaking the nuts.

It also had a timed function for pre-soaking for those who preferred it. The Nutr Machine’s dimensions were 4.3 inches by 8.2 inches, and it could produce 8-13 ounces of beverage.

In terms of sustainability, Nutr prioritized eco-friendly practices. The outer packaging and box were fully recyclable, and the package insert was biodegradable.

Additionally, Nutr had partnered with the international organization One Tree Planted and pledged to plant one tree for every Nutr Machine sold, contributing to forest restoration and biodiversity.

The Nutr Machine offered three heat settings, including a room temperature setting for oat and chilled milk, a warm setting for warm beverages and creamers, and a hot setting for boiling soy and rice milk.

The hot setting was essential for soy milk to reach a safe consumption temperature. The machine also included a water boil function for making tea and a keep warm function.

To use the Nutr Machine, users follow a simple process: adding nuts, seeds, or grains to the machine, filling it with water between the designated lines, selecting the desired temperature setting, blending for approximately five minutes, filtering out the pulp using the included stainless steel strainer, and cleaning the machine either through its auto-clean function or by hand using the provided brush.

Nutr Machine could be used to create various hot and cold milk-based beverages like creamers, lattes, smoothies, and shakes. The product came with a recipe book, and additional recipes were available on their website.

How Was The Shark Tank Pitch Of Nutr?

During their appearance on Shark Tank Season 14, Alicia Long and Dane Turk pitched their business, NUTR, which offers a household appliance for making plant-based milk at home. They sought a $500,000 investment in exchange for 5% equity in their company.

Nutr Shark Tank Update | Nutr Net Worth

The founders demonstrated their NUTR nut milk-making machine, showcasing the ease and convenience of making nut-based milk at home.

They emphasized that their appliance allows customers to have control over the ingredients used in their plant-based milk.

Guest shark Daniel Lubetzky was impressed by the process and the creaminess of the milk produced. Apart from the appliance itself, NUTR also offers flavor packets that can be subscribed to and shipped to customers.

During the pitch, Mark Cuban inquired about their profit margins. Dane revealed that each unit costs $42 to produce and sells for $169, resulting in a profit margin of approximately 73%. Alicia mentioned that most of their sales are made online.

When Kevin O’Leary asked about sales figures, Alicia stated that NUTR had generated $793,000 in gross revenue sales. They are projected to reach $6 million in sales by the end of 2022, having already achieved $2 million in sales.

However, the Sharks’ responses varied. Lori Greiner didn’t see a need for another appliance and opted out. Mark Cuban had already invested in a competitor brand and also dropped out.

Kevin O’Leary disagreed with the valuation and decided not to invest. Daymond John disagreed with their numbers and declined an offer.

While Daniel Lubetzky was open to negotiation, he realized that they were too far apart in terms of their expectations to make a deal.

As a result, Alicia and Dane left the tank without securing an investment deal from any of the Sharks.

Summary Table:

Shark’s NameInvestment OfferedCounter Offer by FoundersFinal Deal Accepted by Founders
Lori GreinerNo dealN/AN/A
Mark CubanNo dealN/AN/A
Kevin O’LearyNo dealN/AN/A
Daymond JohnNo dealN/AN/A
Daniel LubetzkyNo dealN/AN/A

Despite not securing a deal on Shark Tank, the NUTR brand has continued to thrive. They have focused on their social media presence, regularly posting new content.

Additionally, they have integrated new bundle offers on their website to provide better value to customers. NUTR products can be purchased on Amazon and their website.

While NUTR did not receive an investment from the Sharks, they have managed to sustain and grow their business independently after appearing on the show.

Did Nutr Get a Deal on Shark Tank?

Nutr, the plant-based milk-making machine, appeared on Shark Tank Season 14, Episode 12. The co-founders, Alicia Long and Dan Turk pitched their product and asked for $500,000 in exchange for 5% equity, valuing their company at $10 million. However, Nutr did not secure a deal with any of the Sharks.

During their pitch, Alicia and Dan highlighted the need for a preservative-free alternative to plant-based milk. They showcased how their machine could produce fresh and sustainable nut milk within minutes, with a 73% profit margin.

Despite not securing a deal on Shark Tank, Nutr has continued to thrive in the market. They launched a successful crowdfunding campaign on Indiegogo, raising $66,598 from 284 backers. They also raised $240,546 from 271 investors through the equity-based crowdfunding platform Wefunder.

To date, Nutr has sold 17,000 machines and generated an estimated $6.7 million in lifetime sales. Their products are available at various retail and online stores, including Nordstrom, Best Buy, Poosh, and Macy’s. The company is headquartered in Columbus, Ohio, and employs between 2-10 people.

Although Nutr did not secure a deal on Shark Tank, their success in sales and distribution indicates that they have found a market for their product. With an estimated worth of $12 million, Nutr continues to be a prominent player in the plant-based milk industry.

Also read, Nopalera Shark Tank Update | Nopalera Net Worth

What Happened To Nutr After Shark Tank?

After appearing on Shark Tank, Nutr experienced a significant boost in its business. The episode aired on January 20, 2023, and the company saw a $200,000 increase in sales for January alone. This surge in sales is quite impressive considering the product’s price point of $169.

Nutr’s appearance on Shark Tank not only provided a financial boost but also increased the company’s visibility and credibility. The exposure from the show helped to create awareness about the Nutr machine and its benefits, attracting more customers.

Nutr Shark Tank Update | Nutr Net Worth

The founders of Nutr argue that although the initial cost of the machine may seem high, it can save money in the long term. By making dairy-free milk at home, users can avoid buying expensive and preservative-laden bottled nut milk from stores.

To expand its operations further and raise more funds, Nutr is actively seeking additional investment opportunities. The company is currently in the process of potentially closing a $1.5 million seed round. With this investment, Nutr aims to fuel its growth and meet the projected sales target of $25 million in 2023.

In terms of distribution, Nutr machines are available for purchase at various retailers such as Williams-Sonoma, Nordstrom, Best Buy, Amazon, and their website, Additionally, Nutr offers a signature mug and drinking glass as additional accessories for $50.

The success of Nutr after appearing on Shark Tank is evident not only in its increased sales but also in its positive customer feedback.

The Nutr machine has an average star rating of 4.3 out of 5 from 259 customer reviews on its website. This indicates customer satisfaction and reinforces the quality and effectiveness of the product.

Nutr’s appearance on Shark Tank proved to be a game-changer for the company. It not only provided a significant boost in sales but also increased brand recognition and opened doors for further growth and investment opportunities.

Also read, Brass Roots Shark Tank Net Worth

Nutr Shark Tank Update

After appearing on Shark Tank in January 2023, Nutr, the nut milk-making machine company founded by Alicia Long and Dan Turk, did not secure a deal with the Sharks. However, the brand continued to thrive and grow its business.

Nutr’s plant-based milk-making machine gained popularity among consumers who were looking for dairy-free alternatives. The machine allowed users to prepare fresh and nutritious nut milk at home within minutes.

Nutr emphasized sustainability and the use of natural ingredients, distinguishing itself from other dairy-free milk brands that often included preservatives and additives. Following its appearance on Shark Tank, Nutr focused on expanding its distribution channels.

The machine became available on various retail and online platforms, including Nordstrom, Best Buy, Poosh, Macy’s, Amazon, eBay, Walmart, and more. Additionally, the brand partnered with the Global Organization One Tree Planted, pledging to donate one tree for every machine sold.

Nutr’s marketing strategy involved influencer marketing and other advertising platforms. The company invested $1.3 million in influencer marketing and other marketing initiatives within the last 12 months. This approach helped generate sales and raise awareness about the brand.

Nutr remains in business and is estimated to be worth $12 million. The company had raised $2.7 million in investments, primarily allocating funds toward marketing efforts to support its growth.

Nutr’s appearance on Shark Tank provided valuable exposure and recognition for the brand. Despite not securing a deal with the Sharks, Nutr successfully capitalized on the growing demand for dairy-free milk alternatives and continued to thrive in the marketplace.

Also read, Frescos Naturales Shark Tank Net Worth

Is Nutr Still In Business?

Yes, Nutr is still in business. The company, founded by Alicia Long and Dan Turk in 2021, has experienced success and growth since its inception. Despite not securing a deal on Shark Tank Season 14, Nutr has continued to operate and thrive.

With annual sales revenue of $6 million in 2022, Nutr has established itself as a prominent player in the market.

Nutr Shark Tank Update | Nutr Net Worth

Their innovative product, a plant-based milk-making machine, has gained popularity and can be purchased through various e-commerce channels, including their website and Amazon. Nutr’s founders, Alicia Long and Dan Turk, have a net worth of $10 million.

Nutr’s journey from appearing on Shark Tank to its current status as a successful business showcases the potential for growth and achievement with the right idea and execution.

What Is the Net Worth Of Nutr?

According to our research, Nutr’s net worth is estimated to be $12 million. Nutr was valued at $10 million when it appeared on Shark Tank.

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