What are Energybits?
Energybits is a firm that manufactures natural energy boosters free of caffeine or harmful chemicals. ENERGYbits is a single-ingredient nutritional supplement derived from algae.
A small green tablet that claims to “instantly eliminate fatigue and hunger” is sold by Catherine Arnston in Boston, Massachusetts. The company offers ENERGYbits as an alternative to energy drinks and bars.
|Company Name||EnergyBits (SkinnyBits)|
|Product||Chlorella and Spirulina Energy Tablets|
|Investment Seeking||$500,000 For 5% equity n EnergyBits|
|Final Deal||No Deal|
|Episode||Episode 9 Season 8|
|Business Status||In Business|
Who Is The Founder Of Energybits?
Catherine Arnston is the founder of EnergyBits. She developed Energybits to become healthier and energized faster. She developed ENERGYbits, Vitalitybits, and SkinnyBits, among other products.
Energybits Before Shark Tank
Catherine Arnston is an active individual who is health-conscious.
However, like most of us, it cannot be easy to control one’s urge to snack. It’s not so bad to snack when you know what to eat, but the options aren’t always healthy.
The sugar and salt in potato chips and candy bars negates any health benefits you might be getting from your other food choices. As a result, Catherine decided to solve the problem on her own.
Scientists in Germany discovered in the early 1900s that humans could live off of algae as a source of nutrition.
The high protein content of algae-based foods kept thousands of people from going hungry after World War I.
The Japanese continued to consume these foods after World War II. Catherine saw an opportunity in a discovery made and put to grave use during dark times in history.
Catherine created her ENERGYbits tablets by mixing algae with other supplements. The 60 percent protein content and all-natural composition make these tablets an excellent choice.
According to Catherine, athletes fight tooth and nail to get their hands on these high-end energy snacks.
She asserts that taking ENERGYbits can have several health benefits, including lowering blood pressure, increasing energy and endurance, and decreasing hunger.
Catherine launched ENERGYbits in 2008. She found that her algae tablets were extremely popular.
People seemed to like them. So much so that she began to grow the company both internally and globally due to her efforts.
The task of expanding a business, on the other hand, is not simple. Catherine hopes that by bringing ENERGYbits to Shark Tank, she can find a business partner who can help her expand her company beyond its current.
How Was The Shark Tank Pitch Of Energybits?
Catherine Arnston appeared on Shark Tank requesting an investment of $500,000 in exchange for a 5% stake in EergyBits.
The Sharks didn’t find EnergyBits lucrative and a business that could generate profits. No shark offered any deal for EnergyBits.
Catherine left the Shark Tank stage without any deal from the Sharks for EnergyBits.
Final Deal: No deal between Energybits and Sharks.
Did Energybits Get a Deal on Shark Tank?
Catharine Arnston appeared on Shark Tank Season 8 Episode 9, seeking $500,000 in exchange for a 5 percent stake in Energybits, but she walked away empty-handed.
What Happened To Energybits After Shark Tank?
Catherine’s algae tabs didn’t go over well with the Sharks, but she refused to give up on her business despite their predictions that it would fail.
ENERGYbits is still in operation today, despite the Shark’s predictions that it would fail.
EnergyBits products have been highlighted in a few online articles, and Catherine announced this year that she is helping breast cancer patients through her research and development.
If you’re interested in learning more about ENERGYbits, you can visit their official website to see what they offer.
EnergyBits is still in business as of 2022, with annual revenue of $4 million.
Energybits Shark Tank Update
EnergyBits is still in business as of 2022 and generates $4 million in annual sales. Catherine appears to be taking a more responsible approach these days!
What Is the Net Worth of EnergyBits?
The valuation of EnergyBits was $10 million when it appeared on Shark Tank. The net worth of EnergyBits is $4 million as of 2022.