Teaspressa Shark Tank Update

Teaspressa Shark Tank Pitch

Allison Devane appeared on Shark Tank Season 7, Episode 20, which aired on February 25, 2016, with natural, organic tea in expresso-like shots.

Teaspressa is listed in the Food Beverage category. In plain terms, the business is described as natural, organic tea in expresso-like shots.

Teaspressa asked the Sharks for $50,000 for 10%, implying a valuation of about $500,000.

The source data lists no completed on-air deal for Teaspressa.

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

Teaspressa After Shark Tank

Teaspressa left Shark Tank without an on-air deal. The business later shut down. (Teaspressa Shark Tank Update

Teaspressa reported annual revenue of $1 million as of January, 2023. (Teaspressa Shark Tank Update

The founder has added LUXE infused sugar cubes to her lineup, a product that allows customers to make instant flavored tea or coffee, or add a decorative element to bubblies. (Teaspressa Shark Tank Update

The founder continues to sell on her website and Amazon. (Teaspressa Shark Tank Update

Sources

Sources used for this page: Shark Tank API pitches