Doatnut Shark Tank Update

Doatnut Shark Tank Pitch

Doatnut appeared on Shark Tank Season 16, Episode 3, which aired on November 1, 2024, with Health-focused, Clean-label Snack.

Doatnut is listed in the Food Beverage category. In plain terms, the business is described as Health-focused, Clean-label Snack.

Doatnut asked the Sharks for $100,000 for 10% equity, implying a valuation of about $1 million.

On the show, Doatnut made a listed deal with Mark Cuban for $200,000 for 30% equity.

If treated as straight equity, the listed deal works out to about $666,666.667 implied valuation, down from the original $1 million implied valuation.

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

Doatnut After Shark Tank

Sources