Everything Legendary Shark Tank Update

Everything Legendary Shark Tank Pitch

Jumoke Jackson, Duane Myto, and Danita Claytor appeared on Shark Tank Season 12, Episode 15, which aired on February 25, 2021, with high-quality, gourmet, plant-based burgers.

Everything Legendary is listed in the Food Beverage category. In plain terms, the business is described as high-quality, gourmet, plant-based burgers.

Everything Legendary asked the Sharks for $300,000 for 10%, implying a valuation of about $3 million.

On the show, Everything Legendary made a listed deal with Mark Cuban for $300,000 for 22%.

If treated as straight equity, the listed deal works out to about $1.4 million implied valuation, down from the original $3 million implied valuation.

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

Everything Legendary After Shark Tank

Everything Legendary closed its Shark Tank deal and quickly became one of the season's bigger food stories. The plant-based burger pitch benefited from a clear product category and strong founder energy. (Everything Legendary Shark Tank Update

By 2021, follow-up coverage put annual revenue around $10 million. In February 2022, the company raised a $6 million Series A led by CircleUp Growth Partners, with participation from General Mills' 301 Inc. (Everything Legendary Shark Tank Update

The brand also reached Target stores in the Washington, D.C. area and continues to sell under the Go Legendary name, keeping the focus on plant-based burgers and related products. (Everything Legendary Shark Tank Update

Sources

Sources used for this page: Shark Tank API pitches