Three Jerks Jerky Shark Tank Update

Three Jerks Jerky is a premium beef Jerky company featured on Shark Tank. The company was started by two friends, Jordan and Daniel vowed to make the best-tasting Jerky using only the finest ingredients. 

Three Jerks Jerky is a premium beef Jerky company founded in 2010. The company’s name comes from the three co-founders, all friends from college. Three Jerks Jerky is headquartered in Los Angeles, California.

The company’s beef jerky is made from 100% grass-fed beef and is free of artificial ingredients, preservatives, or added sugar. Three Jerks Jerky is available in five flavor varieties: Original, Teriyaki, Memphis BBQ, and Chipotle Adobo.

Three Jerks Jerky was featured on the television show Shark Tank in 2015, and it has since become one of the most popular beef jerky brands in the United States. You can purchase Three Jerks Jerky online and in stores across the country.

Three Jerks Jerky is made from 100% grass-fed beef and seasoned with a proprietary blend of spices. The beef is slow-cooked for hours to preserve its natural flavor and tenderness. Three Jerks Jerky is available in various flavors, including Original, Spicy, Sweet & Smoky.

The company sources its beef from local farms in the United States, and its products are handmade in small batches.

What is Three Jerks Jerky?

Three Jerks Jerky is an all-natural, artistically seasoned premium beef jerky made with filet mignon, the most popular beef cut. The Three Jerks Jerky company produces high-quality Jerky. 

Three Jerks Beef Jerky uses filet mignon exclusively, as opposed to the round cut used in most other brands of Jerky (rump), making it distinct from other jerky brands. Jerky made from filet mignon is exceptionally tender because it has the highest marbling of any cut of meat.

The beef jerky made by Three Jerks Jerky might be the best beef jerky ever made. The meat source in this Jerky is filet mignon, which sets it apart from more conventional choices. The top and bottom rounds of beef, which are heavily worked muscles in the cow, are typically used to prepare beef jerky.

The texture of this muscle is rough and doesn’t have much flavor. However, filet mignon is regarded as beef’s most prestigious and expensive cut. As a result of its leaner, tenderer, and more flavorful texture, filet mignon is an excellent choice for making beef jerky.

Three Jerks Beef Jerky does not contain artificial additives, such as nitrates, MSG, preservatives, gluten, or sodium, commonly found in standard beef jerky. Three Jerks is available on Amazon, or you can also check out their website, where you’ll find recipes and directions for making your beef jerky.

Three Jerks Jerky comes in five flavors: Original, Memphis BBQ, Hamburger, Maple Bourbon Churro, and Chipotle Adobo. It’s best to start with combo packs if you need help deciding which product to try.

Who is the Founder of Three Jerks Jerky?

Jordan Barrocas and Daniel Fogelson are the founders of Three Jerks Jerky. Everyone has their favorite type of beef jerky that they prefer over The Three Jerks Jerky, which has an impressive 5 Star rating.

The Three Jerks Jerky brand currently offers five different flavors. You can choose from Original, Maple Bourbon Churro, Hamburger Jerky, Chipotle Adobo, and Memphis Brand BBQ Recipe. 

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You can purchase a bag of Filet Mignon Beef Jerky for just $11.99 or mix and match three flavors for only $30.00, which includes free shipping.

Three Jerks Jerky Before Shark Tank

The Three Jerks Jerky brand produces a high-quality variation of beef jerky that has been a customer favorite for several decades. Beef jerky is gluten-free, MSG-free, salt-free, and artificially flavored. Beef jerky is made exclusively with filet mignon, the best cut of beef, plus it is free of artificial flavors, colors, and additives.

Jordan Barrocas and Daniel Fogelson created the Three Jerks Jerky, two longtime friends known to be jerks occasionally. They have a passion for beef jerky. It was the moment they realized the meaty feast they were enjoying was coming from a muscular cow carcass that they had their eureka! moment.

The tenderness of beef meat goes as follows: Round, Sirloin, Rib, and then, perhaps not surprisingly, Tenderloin. When the Jerky duo discovered that most Jerky was made with bottom-round cattle, one of the least tender cuts of beef, they resolved to produce the most flavorful and tender product possible.

It would be best if you used the tenderloin cut of beef or filet mignon because it is the tastiest and softest cut. The company began marketing and selling its premium snack and teaching people worldwide how a good snack should taste from that point on.

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Jordan and Daniel presented their business plan on the episode of Shark Tank that aired on October 30, 2015, in the hopes of finding the appropriate investment to help them get over the hump and spark sufficient growth in their company to get Three Jerks Jerky into the hands of every hungry American.

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Three Jerks makes the Jerky from only the finest cuts of meat, such as Filet Mignon. Jordan and Daniel appeared with their beef jerky in Shark Tank’s seventh season, requesting an investment of $100,000 in exchange for a 15% stake in Three Jerks Jerky.

Jordan and Daniel generated $350,000 from the sales of Three Jerks Jerky. The average price of Three Jerks Jerky, which has been on the market for the past year and a half, is $11.99, while the brand’s best retailer sells it for $17.99. 

The cost to create a Three Jerks Jerky is $3.99. They have no plan to lower their prices because their products are considered premium.

Three Jerks Jerky utilizes the services of a co-packer; nevertheless, Three Jerks Jerky is required to purchase in bigger quantities. Also, they need to reach national markets with their products.

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When they first began their business, there were three partners, but they ended up getting rid of the one that the chicken symbolized on their emblem.

Mark Cuban is a huge fan of beef jerky, just like the beef jerky they sell. The deal is problematic for him since the market for Jerky is quite cutthroat, and he is unwilling to embark on such a perilous voyage. He is kicked out.

Daymond John refers to himself as a Jerkologist. He learned from his father’s mother that you could never have too much beef jerky or hot sauce in the house. He offers $100,000 in exchange for a 20% stake in Three Jerks Jerky. 

Daymond John dropped the offer in Three Jerks Jerky to 17.5%, but they want to know if that is enough to keep the competition attractive.

Daymond sweetens the pot by increasing his offer to $100,000 in exchange for 15%, and he is prepared to throw in an additional $100,000 in exchange for an additional 15% stake in Three Jerks Jerky should they require additional funding. The Sharks encourage Daymond to partner up with another shark.

Kevin O’Leary is interested in Jordan and Daniel’s offer of $100,000 for 33.3%. He acknowledges that the valuation is fair but believes he deserves further shares. Kevin is under the impression that he is worth more than the typical Shark. He will contribute $125,000 to get 33.3%. Increase to $150,000 for Kevin’s 33.3% stake.

Lori Greiner enters the picture by offering $100,000 for 20% of the Three Jerks Jerky, making things interesting.

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Robert Herjavec is a huge fan of beef jerky and believes they have accomplished many things. He proposes a trade of $100,000 for a 20% equity in Three Jerks Jerky.

Robert informs Jordan that he will partner up with Lori and invest $100,000 in exchange for a 15% stake, with the opportunity to purchase an additional 15% stake for another $100,000.

Final Deal: Jordan and Daniel agreed to invest $100,000 for a 15% stake in Three Jerks Jerky with an additional $100,000 for another 15%.

What Happened To Three Jerks Jerky After Shark Tank?

The sales of Three Jerks Jerky saw a significant increase when Daymond invested one hundred thousand dollars. Three Jerks Jerky had already racked up $350,000 in sales before entering the Tank; however, those numbers have swelled to a staggering $1.4 million.

Three Jerks Jerky has formed some innovative collaborations following its appearance on Shark Tank. This initiative was made possible by Three Jerks Jerky’s partnership with SpaceX, which allowed the Jerky to be sent into space. It was a treat for the astronauts aboard the International Space Station to eat the delicious Jerky successfully launched into space.

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Daymond was able to link the Jerky team with another wonderful collaboration, which was a big-scale co-packer that could assist the company in meeting the demand that would be necessary for a company with sales of $1.4 million. The addition of the new co-facility packers also made it possible for the company to start purchasing items in significantly larger quantities.

Their bulk reductions were passed on to their consumers in the form of cheaper prices on their multi-packs, with a 17% price reduction on their 3-pack and 23% on a 12-pack of Three Jerks Jerky.

The Jerks have been able to save costs by purchasing and creating in mass, and it appears that none of the distinctive flavors that have become associated with them have been lost in the process. This a true statement that Food and Wine Magazine would acknowledge as correct.

An editor at Food and Wine Magazine asked the entire staff to participate in a blind taste-testing exercise to select seven healthy snacks for the magazine in March 2016. Jerky made by Three Jerks came in at a respectable second position because of its savory, superior flavor and straightforward presentation.

Because of the favorable press they received, as well as Daymond’s contacts, they were able to secure a spot on the Home Shopping Network, a television network that is received in more than 96 million households across the United States.

The host, who was a fan of the Jerky, said that the audience was even more enthusiastic in the presence of Daymond, Jordan, and Daniel simultaneously. Within the first six minutes of the show, they could sell all of the jerkies they had brought to the HSN audience.

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Thanks to his efforts, Jordan and Daniel are stunned at how many new customers Daymond has brought in for their company. They are thankful to Shark Tank for the wonderful opportunities for growth that their contract has given them and for the success it has brought them. The meaty organization is still looking for new and interesting prospects and is eager for more.

Three Jerks Jerky Shark Tank Update

The Three Jerks Jerky company’s appearance on ABC’s Shark Tank led to a significant increase in sales. On the night of their program, they sold a total of $250,000. 

Daymond John successfully closed the deal with Three Jerks Jerky and put them in touch with Rastelli Foods Group so that they could have the beef jerky recipe packaged.

The transaction also made it possible for them to increase the number of outlets in which they are present from hundreds to thousands, which resulted in sales in the millions.

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Three Jerks Jerky has had excellent public relations since appearing on Shark Tank and forming a partnership with John. Three Jerks Jerky was transported to the International Space Station by SpaceX in April 2016.

Is Three Jerks Jerky Still in Business?

Yes, Three Jerks Jerky is still in business as of 2022 and has generated significant sales after appearing on Shark Tank. The company sold Beef Jerky worth $250,000 on the night it appeared on Shark Tank.

After partnering with Daymond John, Three Jerks Jerky was able to generate sales worth $1.4 million within 3 months of appearing on Shark Tank. The company has reached new heights with the alliance from Daymond John. Three Jerks Jerky’s annual sales are $4 million as of 2022.

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What is the Net Worth of Three Jerks Jerky?

The valuation of Three Jerks Jerky was $667,000 when it appeared on Shark Tank. The net worth of Three Jerks Jerky is $5 million as of 2022, with annual revenue of $4 million.