Shark Tank Pitch

Seasons 6+ pages were generated with help from AI. Seasons 1-5 were researched and written by hand.

Simply Good Jars Shark Tank Update

2m

Food Beverage

Pitch Overview
NameSimply Good Jars
Main PresentersJared Cannon
Order Shown in Episode1
Final DealDeal was made on the show with sharks Mark Cuban, Lori Greiner for $500,000 for 10%.

Simply Good Jars Shark Tank Pitch

Jared Cannon appeared on Shark Tank Season 12, Episode 16, which aired on March 4, 2021, with high-quality, chef-made, ready to eat, salads in a jar.

Simply Good Jars is listed in the Food Beverage category. In plain terms, the business is described as high-quality, chef-made, ready to eat, salads in a jar.

Simply Good Jars asked the Sharks for $500,000 for 7%, implying a valuation of about $7.1 million.

On the show, Simply Good Jars made a listed deal with Mark Cuban and Lori Greiner for $500,000 for 10%.

If treated as straight equity, the listed deal works out to about $5 million implied valuation, down from the original $7.1 million implied valuation.

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

Offers

Made ByLabelSharks Part of DealSummary
CompanyOffered$500,000 for 7%
SharksDealMark Cuban, Lori Greiner$500,000 for 10%

Updates in Shark Tank Episodes

Update SeasonUpdate Episode
No Episode Updates

Simply Good Jars After Shark Tank

Simply Good Jars accepted a Shark Tank deal, but follow-up coverage says the deal did not close after filming. The company kept pursuing its grab-and-go meal model anyway. (Simply Good Jars Shark Tank Update ).
By 2021, update coverage put annual revenue around $4 million. The company also opened a third Philadelphia-area facility and expanded distribution into 28 states. (Simply Good Jars Shark Tank Update ).
A Wawa partnership followed in early 2022, which is exactly the kind of convenience and fresh-food channel the jarred salad concept needed to move beyond novelty. (Simply Good Jars Shark Tank Update , Simply Good Jars website ).

Sources

Sources used for this page: Shark Tank API pitches , Shark Tank API episodes , sharktankblog.com , simplygoodjars.com .

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