We all have heard about different kinds of sauce such as tomato sauce, chilly sauce, barbeque sauce, and many more.
However, have you heard of applesauce? If you haven’t heard about such things, then we are going to tell you about one.
Keisha Smith is the founder and inventor of Sanaia Applesauce, who provided the world with the delicacy of unimagined applesauce.
Sanaia Applesauce is a tasty and delicious sauce made of apples for adults. The founder states that all the sauce sold in the stores is targeted towards the kids. However, Sanaia Applesauce is designed for adults.
What is Sanaia Applesauce?
Sanaia Applesauce is a line of applesauce created for adults as most of the applesauce available in the market is targeted towards kids.
Every jar of Sanaia Applesauce contains nutritious and delicious one or two wedges of baked green apples.
Each jar of Sanaia Applesauce also contains one or two wedges of baked green apple. She seeks a $150,000 investment in exchange for 15% equity in her food firm during Season 10 of Shark Tank. (Four Sanaia 7.75-ounce jars cost $19.99.)
|Founder||Keisha Smith Jeremie|
|Product/Startup||An organic green apple-based Gourmet Applesauce Inspired by the Hawaiian Islands|
|Investment Seeking||$150,000 For 15% stake in Sanaia Applesauce|
|Final Deal||$150,000 For 25% stake in Sanaia Applesauce|
|Shark Who Invested||Mark Cuban|
|Episode Aired||Season Episode|
|Business Status||Out of Business|
Who is the Founder of Sanaia Applesauce?
Keisha Smith-Jeremie is the founder of Sanaia Applesauce. Keisha worked as a head of human resources at News Corp and Managing Director of Global Co-head of Talent Management at Morgan Stanley before founding Sanaia Applesauce.
Sanaia Applesauce Before Shark Tank
Keisha spent her entire childhood on the Bahamas island, where she learned about different kinds of spices and fruits.
When she was away from home for her college, she tried to make the first applesauce while sick at the University of Virginia.
She mixed different fruits and blended them together, which were alive in her memories from childhood.
Keisha never intended to start a business of applesauce. It all started as a hobby for her when she wanted to have some good food. However, her hobby soon turned into a passion which later gave her a great business.
The first batch of applesauce made by her was made by blending simple fruit such as apple and guava.
Keisha soon started the mass manufacturing of Sanaia Applesauce with a personal investment of $500,000.
People were so much interested in applesauce created by Keisha as the taste made people feel like paradise.
Keisha was financially dependent on her parents and siblings after leaving her job as human resources executive after investing all her money into Sanaia Applesauce.
Hence, Keisha decided to approach Shark Tank to obtain the required financial support to increase the production and distribution of Sanaia Applesauce.
Sanaia Applesauce on the Shark Tank
Sanaia Applesauce was 9 months old when the founder Keisha Smith Jereme reached out to Shark Tank for financial support for her business. Keisha appeared on the Shark Tank episode 2nd and season 10.
Keisha was seeking an investment of $150,000 for a 15% stake in Sanaia Applesauce. She starts her presentation by telling her story to the sharks.
She informs the sharks about the extensive research she has done before creating applesauce on her own.
Also, she mentions that she has performed various tests for 6 months, proving that Sanaia Applesauce has a great taste and shelf life.
The initial tests helped her generate $40,000, and she decided to extend her production and distribution. Keisha further explains that Sanaia Applesauce comes into two different packages.
The first packaging is made of a glass jar, and the second jar is made of a plastic cup similar to a foil-covered yogurt container.
The sharks seem to be impressed by Sanaia Applesauce; however, they are still in doubt as they think whether Keisha is interested in her business or not as she is still working full time on her job.
The sharks were happy and enjoyed various flavors of Sanaia Applesauce and were interested in making an offer.
Barbara made the first offer of $150,000 for a 75% stake in Sanaia Applesauce which Keisha rejected right away.
Mark was second to offer $150,000 for a 25% stake in Sanaia Applesauce which Keisha accepted right away.
Did Sanaia Applesauce Get a Deal On Shark Tank?
Yes, Sanaia Applesauce got an offer of $150,000 for a 25% stake in the business from Mark Cuban.
What Happened To Sanaia Applesauce After Shark Tank?
Though Mark Cuban agreed to invest $150,000 for a 25% stake in Sanaia Applesauce, the deal was never finalized. Keisha was able to raise $75,000 from her personal sources to invest in her business.
Keisha left her full-time job as a human resource executive and focused full-time on Sanaia Applesauce. She designed a package of Sanaia Applesauce like yogurt cups and sold the pack of 4 of 7.75 oz. for $19.99.
However, the COVID pandemic turned out to be harsh for Sanaia Applesauce. Sanaia Applesauce was forced to close its production in 2020 due to the COVID19 pandemic.
However, the existing stock of Sanaia Applesauce is still on sale on their website.
You can also try Sanaia Applesauce by ordering them on https://tastesanaia.com and even from Walmart offline and online stores.
Sanaia Applesauce update
Keisa left her job as a human resource executive after appearing on the Shark Tank show. Keisha took another job at Tory Burch and didn’t give much focus to Sanaia Applesauce.
Sanaia Applesauce stopped its production in 2020 due to the COVID19 pandemic. However, Keisha told in an interview in February 2021 to CNBC that she is planning to resume the production of Sanaia Applesauce.
You can find Sanaia Applesauce at Walmart online and offline stores and enjoy their delicious taste.
Is Sanaia applesauce still in business?
Sanaia Applesauce’s deal with Mark Cuban was never closed. Unfortunately, Sanaia Applesauce went out of business due to the COVID-19 pandemic.
Keisha was forced to shut down the manufacturing and production of Sanaia Applesauce in 2020.
However, the Sanaia Applesauce website is still operational, and you can order their applesauce from their website.
Where can you buy Sanaia applesauce?
You can buy Sanaia Applesauce from their official website and even from Walmart online and offline stores.