Meat the Mushroom Shark Tank Update

Meat the Mushroom Shark Tank Pitch

Marvin and Aleah Montague appeared on Shark Tank Season 15, Episode 12, which aired on January 26, 2024, with Bacon alternative.

Meat the Mushroom is listed in the Consumer Products category. In plain terms, the business is described as Bacon alternative.

Meat the Mushroom asked the Sharks for $150,000 for 7.5% equity, implying a valuation of about $2 million.

On the show, Meat the Mushroom made a listed deal with Lori Greiner and Kevin O'Leary for $150,000 for 33.3% equity.

If treated as straight equity, the listed deal works out to about $450,450.45 implied valuation, down from the original $2 million implied valuation.

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

Meat the Mushroom After Shark Tank

Meat the Mushroom accepted an on-air deal for $150,000 for 33.3% equity. After filming, the on-air deal had not closed by the time later updates were published. (Meat the Mushroom Shark Tank Update – Shark Tank Season 15

Meat the Mushroom as sales climbed, the team doubled its staff and expanded into regional grocery chains like Central Markets in Texas, Green Life Markets in New Jersey, and MOM’s Organic Market across Pennsylvania, Maryland, and Virginia. (Meat the Mushroom Shark Tank Update – Shark Tank Season 15

In May 2024, Meat the Mushroom was processing about 1,000 pounds of mushrooms each month. (Meat the Mushroom Shark Tank Update – Shark Tank Season 15

Meat the Mushroom the truck paused operations in April 2025, then returned in June 2025 as a pickup-only spot. (Meat the Mushroom Shark Tank Update – Shark Tank Season 15

Products can now be found in around 150 stores including Central Markets, Fresh Markets and more. (Meat the Mushroom Shark Tank Update – Shark Tank Season 15

Sources

Sources used for this page: sharktankblog.com