Quevos Shark Tank Update

Quevos Shark Tank Pitch

Nick Hamburger and Zach Schrier appeared on Shark Tank Season 12, Episode 11, which aired on January 21, 2021, with high protein snack chips made from egg whites.

Quevos is listed in the Food Beverage category. In plain terms, the business is described as high protein snack chips made from egg whites.

Quevos asked the Sharks for $200,000 for 5%, implying a valuation of about $4 million.

On the show, Quevos made a listed deal for $200,000 for 10% + $200,000 line of credit.

If treated as straight equity, the listed deal works out to about $2 million implied valuation, down from the original $4 million implied valuation.

This pitch is included as context for the more important question: what happened after Shark Tank.

Quevos After Shark Tank

Quevos accepted an on-air Shark Tank deal for $200,000 for 10% + $200,000 line of credit. The on-air deal closed. The company was acquired by former CEO of Stryve Foods in January 2023. (Quevos Shark Tank Update

Quevos was reported at about $500,000 in sales. (Quevos Shark Tank Update

The company also raised another $3.6 million from several other investors. (Quevos Shark Tank Update

Quevos products are sold through Quevos in GNC, Vitamin Shoppe, Whole Foods and Wegman's. (Quevos Shark Tank Update

The company makes coffee creamers with nutritional supplements added. (Quevos Shark Tank Update

Quevos now uses quevos.com as its customer-facing site. (Quevos website

Sources

Sources used for this page: Shark Tank API pitches