Shark Tank Pitch

Seasons 6+ pages were generated with help from AI. Seasons 1-5 were researched and written by hand.

Toast It Shark Tank Update

2m

Food Beverage

Pitch Overview
NameToast It
Main PresentersMaria Corina Vieteis, Maria Fernanda Römer Cabezas
Order Shown in Episode4
Final DealOffer made from sharks

Toast It Shark Tank Pitch

Maria Corina Vieteis and Maria Fernanda Römer Cabezas appeared on Shark Tank Season 15, Episode 2, which aired on October 6, 2023, with Guilt-free, Latin foods.

Toast It is listed in the Food Beverage category. In plain terms, the business is described as Guilt-free, Latin foods.

Toast It asked the Sharks for $100,000 for 5% equity, implying a valuation of about $2 million.

On the show, Toast It made a listed deal for $150,000 for 20% equity.

If treated as straight equity, the listed deal works out to about $750,000 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.

Offers

Made ByLabelSharks Part of DealSummary
SharksDeal$150,000 for 20% equity
CompanyOffered$100,000 for 5% equity

Updates in Shark Tank Episodes

Update SeasonUpdate Episode
No Episode Updates

Toast It After Shark Tank

Toast It accepted an on-air deal for $150,000 for 20% equity. After filming, that deal closed. (Toast It Shark Tank Update – Shark Tank Season 15 , Toast-It Arepas Update | Shark Tank Season 15 ).
As of March, 2024 - about five months after the original air date - there is no evidence the deal with Daniel has closed. (Toast It Shark Tank Update – Shark Tank Season 15 , Toast-It Arepas Update | Shark Tank Season 15 ).
These steps helped Toast It address one of the main concerns raised on the show: Toast It's tight profit margins, which stood at around 20% after distribution. (Toast It Shark Tank Update – Shark Tank Season 15 , Toast-It Arepas Update | Shark Tank Season 15 ).
Furthermore, in early 2025, Toast It rebranded from Toast-It to Kiosco, a name inspired by the street markets found across Latin America. (Toast It Shark Tank Update – Shark Tank Season 15 , Toast-It Arepas Update | Shark Tank Season 15 ).
Toast It the program provides mentorship, funding, and support to help scale high-potential brands. (Toast It Shark Tank Update – Shark Tank Season 15 , Toast-It Arepas Update | Shark Tank Season 15 ).

Sources

Sources used for this page: sharktankblog.com , sharktankblog.com , Shark Tank Recap , amzn.to .

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