SweetKiwi Shark Tank Update | SweetKiwi Net Worth

SweetKiwi is a premium frozen yogurt brand that offers a delicious treat while also taking care of your gut health. Created by Ehime Eigbe, SweetKiwi was born out of a need for a healthier alternative to sugary frozen treats.

The health scare Ehime experienced led her to change her eating habits and adopt a healthier lifestyle. She found solace in frozen Greek yogurt but realized there was a lack of frozen yogurt stores in Nigeria.

SweetKiwi products are made with the best ingredients backed by clinical research, and they offer a holistic approach to improving gut health, nutrient absorption, and overall well-being.

The frozen yogurts are high in protein, fiber, probiotics, and immune-boosting superfoods. Probiotics play a crucial role in maintaining a healthy gut, which is essential for a strong immune system.

What sets SweetKiwi apart is its wide range of flavors and the use of nutrient-rich ingredients. Their flavors include Chocolate Hazelnut, Cookies & Cream, Mango Palm Mint, Raspberry Frose, Hibiscus & Ginger, and Vanilla Bean. Each flavor is individually crafted to provide a unique and delightful taste experience.

SweetKiwi has gained popularity and is now available at more than 1700 establishments across the nation, including well-known retailers like Whole Foods, Walmart, and Kroger. Customers can order SweetKiwi products online or purchase them from stores in cases of 4 or 6 pints.

SweetKiwi provides a delicious dessert for dessert lovers as well as a healthier alternative for those seeking a balanced diet. SweetKiwi provides guilt-free indulgences by offering frozen yogurt packed with nutrients, vitamins, and proteins.

SweetKiwi’s commitment to quality ingredients, gut health, and overall well-being makes it an excellent choice for anyone looking for a tasty snack without compromising their health.

Company NameSweetkiwi
FounderEhime Eigbe
ProductHealthy frozen yogurt
Investment Seeking$250,000 for 5% equity
Final Deal Accepted$250,000 for 16% equity
Shark NameRobert Herjavec
EpisodeSeason 14, Episode 16
Business StatusIn Business
WebsiteVisit Website
Net Worth$2.5 million (estimated)

What Is SweetKiwi?

Sweetkiwi is a brand of frozen yogurt known for its crave-able combination of tart and sweet flavors, similar to premium Greek yogurt. It is formulated with carefully selected nutrient-dense ingredients that support gut health, nutrient absorption, and overall wellness.

SweetKiwi Shark Tank Update | SweetKiwi Net Worth

SweetKiwi is a premium brand of frozen whipped Greek yogurt that offers a tasty way to satisfy your sweet tooth while supporting gut health. It is known for its functional nutrients such as protein, probiotics, fiber, and immune-boosting superfoods.

Unlike leading ice cream brands, SweetKiwi contains no sugar alcohol, significantly less sugar, and more protein and fiber.

The brand offers a variety of flavors, including classic options and modern innovations. Sweetkiwi’s products are low in calories, high in protein, and contain prebiotics and probiotics. Sweetkiwi has received positive feedback from customers for its taste, texture, and health benefits.

Who Is The Founder Of SweetKiwi?

The founder of Sweetkiwi is Ehime Eigbe, a former bankruptcy litigation specialist at Citigroup. After experiencing a health scare, Eigbe decided to change her diet and started making her foods.

As an ice cream lover, she found it difficult to give up the sweet treat, so she began experimenting with recipes until she discovered the perfect blend of flavors for Sweetkiwi.

Before appearing on Shark Tank, Sweetkiwi had already gained attention and success. Eigbe did a lot of direct marketing and social media marketing, which helped spread the word about her brand.

Additionally, Sweetkiwi won over $200,000 in grants from the Black Lives Matter movement, which is a testament to the quality and impact of the product.

The combination of Eigbe’s background in litigation, her health journey, and her passion for creating a delicious yet healthy frozen dessert led to the conception of Sweetkiwi.

By bridging the gap between good-for-you, functional nutrition, and great taste, Sweetkiwi became a popular choice for those looking for a guilt-free indulgence.

Sweetkiwi is a woman-owned and minority-operated CPG food brand. Additionally, Eigbe donates 1% of profits as well as her time to organizations that facilitate access to funding for Black female entrepreneurs.

She also partners with Black Girl Ventures, donating her time and 1% of Sweetkiwi’s profits to support the non-profit’s programs and entrepreneurs within their ecosystem.

Sweetkiwi is the result of Eigbe’s determination to create a frozen dessert that satisfies the sweet tooth while supporting gut health.

With its functional nutrients, premium ingredients, and commitment to social impact, Sweetkiwi has become a popular alternative to traditional ice cream.

How Was The Shark Tank Pitch Of SweetKiwi?

Michael Akindele and Ehime Eigbe pitched their business, Sweetkiwi, which offers healthy frozen yogurt, in Season 14. They were seeking a $250,000 investment in exchange for 5% equity in their company.

The sharks were impressed with the taste and positive feedback of Sweetkiwi but questioned its initial valuation of $5 million.

SweetKiwi Shark Tank Update | SweetKiwi Net Worth

Sweetkiwi had already achieved success in Nigeria and generated over $2 million in lifetime sales in the United States.

The product was available in retail stores like Walmart and had been featured in Whole Foods for over two years. The retail price ranged from $5 to $7 per unit, while the production cost was just over $2 per unit.

During the pitch, Kevin O’Leary interrupted and offered $250,000 for 20% equity. Mark Cuban, Daymond John, and Lori Greiner dropped out, and when Kevin didn’t receive a prompt response, he also withdrew his offer.

With Kevin out, the situation seemed uncertain for Michael and Ehime. However, Robert Herjavec stepped in and offered the same deal as Kevin: $250,000 for 20% equity.

After negotiating with Robert for a short time, they managed to secure a revised deal. They accepted $250,000 for 16% equity, a slightly better offer than what Kevin proposed.

Here is a table summarizing the Shark’s names, their initial investment offers, the counteroffer by the founders, and the final deal accepted:

SharkInvestment OfferedCounter Offer by FoundersFinal Deal Accepted
Kevin O’Leary$250,000N/AN/A
Mark CubanN/AN/AN/A
Daymond JohnN/AN/AN/A
Lori GreinerN/AN/AN/A
Robert HerjavecN/AN/A$250,000 for 16%

Robert Herjavec ultimately made the Sweetkiwi deal despite Kevin O’Leary’s initial interest.

Did SweetKiwi Get a Deal on Shark Tank?

Yes, Sweetkiwi did get a deal on Shark Tank. During their appearance on Season 14, Episode 16 of Shark Tank, founder Ehime Eigbe and her husband Michael Akindele pitched their natural frozen yogurt brand to the sharks. They asked for $250,000 for 5% equity at a $5 million valuation.

After negotiation, they ultimately secured a deal with shark Robert Herjavec, who invested $250,000 for 16% equity in Sweetkiwi. This successful pitch on Shark Tank has helped Sweetkiwi to grow its business further and expand its presence in the frozen yogurt market.

Also read, Woof Shark Tank Update | Woof Net Worth

What Happened To SweetKiwi After Shark Tank?

After appearing on Shark Tank, SweetKiwi, the frozen dessert company created by entrepreneur Ehime Eigbe, experienced both success and challenges.

The company’s pitch on the show impressed Kevin O’Leary, who offered a $250,000 investment for 20% of the business. However, during negotiations with other Sharks, O’Leary angrily withdrew his offer.

SweetKiwi Shark Tank Update | SweetKiwi Net Worth

Fortunately, Robert Herjavec stepped in and made the same offer as O’Leary, leading to a deal. SweetKiwi accepted Herjavec’s investment of $250,000 for a 7.1% share in the company and 5% in advisory shares. This deal valued SweetKiwi at over $2.4 million.

Since its appearance on Shark Tank, SweetKiwi has continued to grow. The company’s frozen yogurt products, including flavors like cookies & cream, chocolate hazelnut, and mango mojito, are available for purchase in numerous retailers across the nation, including Whole Foods.

SweetKiwi’s Facebook and Instagram pages are regularly updated, indicating a thriving customer base.

SweetKiwi’s stint on Shark Tank helped boost the profile of its tasty and wholesome product, contributing to its success in accumulating over $1,000,000 in revenue by the end of the year.

Also read, Pluie Shark Tank Update | Pluie Net Worth

SweetKiwi Shark Tank Update

After appearing on Shark Tank, SweetKiwi experienced significant growth and success in its business. The brand, known for its health-centric approach to frozen yogurt, attracted attention from investors and consumers alike.

During the show, Ehime Eigbe, the founder of SweetKiwi, presented the company’s healthy and nutrient-packed frozen yogurts. Robert Herjavec recognized the potential in SweetKiwi and offered a $250,000 investment for a 16% equity stake, valuing the company at $1,562,500.

This partnership with Robert Herjavec allowed SweetKiwi to expand its retail presence and reach a broader consumer market. The brand’s products are now available in over 1700 stores, including renowned retailers such as Whole Foods, Walmart, Kroger, and Giant.

To fuel its growth further, SweetKiwi has focused on strategic retail partnerships and proactive marketing efforts. The brand engages with its customers through social media platforms like Facebook, Twitter, and Instagram, highlighting the freshness and health aspects of its yogurt.

SweetKiwi Shark Tank Update | SweetKiwi Net Worth

With a range of flavors like Chocolate Hazelnut, Cookies & Cream, Vanilla Bean, Mango Mojito, and Raspberry Frose, SweetKiwi continues to offer a variety of options for consumers looking for guilt-free indulgence.

The brand’s frozen yogurt is crafted using natural ingredients, including whole Greek yogurt, natural sugars, and fresh fruit sourced from local farmers. The success of SweetKiwi can be attributed to its commitment to quality and health.

By catering to the growing demand for wholesome sweets, SweetKiwi has become a notable brand in the frozen yogurt industry. Its products not only satisfy sweet cravings but also contribute to overall wellness through live probiotics that support gut health.

SweetKiwi is still in business with a net worth estimated to be around $2.5 million. The brand’s pocket-friendly prices, the approachable nature of the owners, and dedication to meeting the needs of health-conscious consumers have contributed to its rapid success.

With plans to expand to Mexico, the UK, and Canada, SweetKiwi aims to become a global brand in the frozen yogurt market. Its continuous growth trajectory showcases the market’s appetite for healthier dessert alternatives and signifies a bright future for SweetKiwi.

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What Is the Net Worth Of SweetKiwi?

According to our research, SweetKiwi’s net worth is estimated to be $2.5 million. The valuation of SweetKiwi was $1,562,500 after securing an investment from Robert Herjavec on season 14 of Shark Tank.

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