Noshi Shark Tank Update

Noshi Shark Tank Pitch

Tomo Delaney appeared on Shark Tank Season 14, Episode 21, which aired on May 5, 2023, with Noshi makes kids' food products that are designed to be used by the kids themselves. Our launch product was organic Food Paint™ - tubes of different-colored organic fruit puree that kids can use to paint pictures on their food and then eat (goes great on pancakes and waffles!)..

Noshi is listed in the Food Beverage category. In plain terms, the business is described as Noshi makes kids' food products that are designed to be used by the kids themselves. Our launch product was organic Food Paint™ - tubes of different-colored organic fruit puree that kids can use to paint pictures on their food and then eat (goes great on pancakes and waffles!)..

Noshi asked the Sharks for $250,000 for 17%, implying a valuation of about $1.5 million.

On the show, Noshi made a listed deal with Mark Cuban for $250,000 for 25%.

If treated as straight equity, the listed deal works out to about $1 million implied valuation, down from the original $1.5 million implied valuation.

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

Noshi After Shark Tank

Noshi accepted an on-air Shark Tank deal for $250,000 for 25%, and later update coverage says the deal closed. (Noshi Shark Tank Update

The founder now has an Amazon Store and sells direct through the founder's website in addition to the Walmart presence. (Noshi Shark Tank Update

The first rerun of this episode in July, 2023 is just 2 months after the episode aired. (Noshi Shark Tank Update

When Tomo taped the segment, the founder had no online sales presence. (Noshi Shark Tank Update

As of April, 2024, the founder is only selly the founder's Sketchup product, but the founder is introducing organic ranch dressing and chicken dip. (Noshi Shark Tank Update

Noshi remains active online through noshiforkids.com, where customers can find the current product line. (Noshi website

Sources

Sources used for this page: Shark Tank API pitches