Jica Foods Shark Tank Update

Jica Foods Shark Tank Pitch

Xin Wang and Melissa Wang appeared on Shark Tank Season 14, Episode 10, which aired on January 6, 2023, with The World's first Jicama based company. Specializing in all things ... Jica-what? learn about the benefits of jícama and join the jica-mania!.

Jica Foods is listed in the Food Beverage category. In plain terms, the business is described as The World's first Jicama based company. Specializing in all things ... Jica-what? learn about the benefits of jícama and join the jica-mania!.

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

On the show, Jica Foods made a listed deal with Barbara Corcoran for $300,000 for 6% + 3% advisory shares.

If treated as straight equity, the listed deal works out to about $5 million implied valuation, down from the original $10 million implied valuation.

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

Jica Foods After Shark Tank

Jica Foods accepted an on-air Shark Tank deal for $300,000 for 6% + 3% advisory shares, and later update coverage says the deal closed. (Jica Foods Shark Tank Update

Since airing, Jica Foods have Jica Foods's products in Whole Foods, Sprouts, Vons, Pavillions, and Albertsons - all in the western USA. (Jica Foods Shark Tank Update

Later public revenue details remain limited. (Jica Foods Shark Tank Update

(Jica Foods Shark Tank Update

Jica Foods remains active online through www.jicafoods.com, where customers can find the current product line. (Jica Foods website

Sources

Sources used for this page: Shark Tank API pitches