Frescos Naturales Shark Tank Update

Frescos Naturales Shark Tank Pitch

Juan Stewart appeared on Shark Tank Season 14, Episode 12, which aired on January 20, 2023, with Frescos are colorful and flavorful refreshments (refrescos) inspired by vibrant Latin American culturas. These drinks are natural fruit and plant based infusions, that come with and without bubbles..

Frescos Naturales is listed in the Food Beverage category. In plain terms, the business is described as Frescos are colorful and flavorful refreshments (refrescos) inspired by vibrant Latin American culturas. These drinks are natural fruit and plant based infusions, that come with and without bubbles..

Frescos Naturales asked the Sharks for $130,000 for 8%, implying a valuation of about $1.6 million.

On the show, Frescos Naturales made a listed deal for $130,000 for 25%.

If treated as straight equity, the listed deal works out to about $520,000 implied valuation, down from the original $1.6 million implied valuation.

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

Frescos Naturales After Shark Tank

Frescos Naturales accepted an on-air Shark Tank deal for $130,000 for 25%, and later update coverage says the deal closed. (Frescos Naturales Shark Tank Update

As of December, 2023, the deal still hasn't closed and likely will not. (Frescos Naturales Shark Tank Update

The company has no major retail presence at this time. (Frescos Naturales Shark Tank Update

(Frescos Naturales Shark Tank Update

Frescos Naturales remains active online through drinkfrescos.com, where customers can find the current product line. (Frescos Naturales website

Sources

Sources used for this page: Shark Tank API pitches