Finneato Fysh Foods Shark Tank Update

Finneato Fysh Foods Shark Tank Pitch

Finneato Fysh Foods appeared on Shark Tank Season 16, Episode 4, which aired on November 8, 2024, with Plant-based fishes.

Finneato Fysh Foods is listed in the Food Beverage category. In plain terms, the business is described as Plant-based fishes.

Finneato Fysh Foods asked the Sharks for $150,000 for 10% equity, implying a valuation of about $1.5 million.

On the show, Finneato Fysh Foods made a listed deal for $150,000 for 30% equity.

If treated as straight equity, the listed deal works out to about $500,000 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.

Finneato Fysh Foods After Shark Tank

Finneato Fysh Foods accepted an on-air deal for $150,000 for 30% equity. Finneato Fysh Foods remained active after the episode. (Finneato Fysh Foods - Shark Tank Season 16

Zoya and Alix pitched Finneato Fysh Foods's Plant-based raw fish, Finneato Fysh Foods, in Shark Tank Season 16, seeking $150,000 for 10% equity. (Finneato Fysh Foods - Shark Tank Season 16

After Finneato Fysh Foods's impressive pitch, Finneato Fysh Foods made a deal with guest shark Daniel Lubetzky for $150,000 for 30% equity. (Finneato Fysh Foods - Shark Tank Season 16

Finneato Fysh Foods leveraged its exposure and engagement to build brand awareness and increase DTC sales. (Finneato Fysh Foods - Shark Tank Season 16

Finneato Fysh Foods the cost of production is just $4 per pound, and it wholesales for $10 to $13 per pound, giving the entrepreneurs a healthy profit margin. (Finneato Fysh Foods - Shark Tank Season 16

Sources

Sources used for this page: sharktankblog.com