Bleni Blends Shark Tank Update

Bleni Blends Shark Tank Pitch

Stuart Shapiro and Peter Shapiro appeared on Shark Tank Season 14, Episode 18, which aired on March 31, 2023, with Bleni Blends is an automated kiosk that makes real fruit smoothies and coffee frappes..

Bleni Blends is listed in the Food Beverage category. In plain terms, the business is described as Bleni Blends is an automated kiosk that makes real fruit smoothies and coffee frappes..

Bleni Blends asked the Sharks for $250,000 for 6%, implying a valuation of about $4.2 million.

On the show, Bleni Blends made a listed deal with Lori Greiner for $250,000 for 35% + $500,000 line of credit.

If treated as straight equity, the listed deal works out to about $714,285.714 implied valuation, down from the original $4.2 million implied valuation.

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

Bleni Blends After Shark Tank

Bleni Blends accepted a Lori Greiner and Daniel Lubetzky offer on air, but the founders later said the deal never closed after the business nearly doubled during post-show negotiations. (What Happened To Bleni Blends From Shark Tank Season 14?

The Shark Tank appearance still opened doors, including a Robo Cafe pilot at Walmart. That test ended after the higher-priced smoothies did not fit Walmart customer demand. (What Happened To Bleni Blends From Shark Tank Season 14?

Bleni Blends remains active with roughly 100 machines across hospitals, college campuses, gyms, airports, and other locations, while the current site still markets automated smoothie and iced-coffee kiosks. (What Happened To Bleni Blends From Shark Tank Season 14?

Sources

Sources used for this page: Shark Tank API pitches