Fresh Bellies Shark Tank Net Worth
Fresh Bellies is a baby food company that appeared on Shark Tank. The net worth of the business was reported to be around $7 million at the time of appearing on the show. Before appearing on Shark Tank, Fresh Bellies had a net worth of $5.5 million.
Although they did not get a deal in Season 10, Fresh Bellies was selling its products in more than 9,000 stores such as Walmart and Kroger in January 2020. As of August 2022, there is no update on their current net worth.
What is Fresh Bellies and Who is the founder of Fresh Bellies?
Fresh Bellies is a company that offers vegetable-based meals for infants and toddlers without added sugar or fruit flavors. The company’s aim is to teach young children the benefits of eating nutritious, whole vegetables with herbs and spices, rather than relying on sugary baby food.
Saskia Sorrosa, the founder and CEO, started the company after being inspired by the United States’ child obesity crisis. She wanted to create a product and company that would help children develop an early appreciation for healthy eating, rather than having to correct bad habits later in life.
Sorrosa believes that flavorless pureed infant foods result in picky eaters and poor childhood nutrition, leading to obesity. Fresh Bellies meals are chilled, and Sorrosa does not mix fruits and vegetables or add sugar to hide tastes. Instead, she offers flavors like We Got the Beet, Cauliflower Dreamin, and Broccoli Ever After.
She adds garlic, onions, herbs, and spices to mimic the foods that older children eat. Sorrosa started selling her homemade baby food at local farmers’ markets in 2015 and quickly expanded to distribution in Connecticut, New York, and New Jersey.
Fresh Bellies Shark Tank pitch
During her appearance on Shark Tank’s episode 1009, Saskia Sorrosa pitched her brand of flavorful baby meals called Fresh Bellies and sought funding to expand nationwide.
Saskia requested a $275,000 investment for a 5% stake in her company, which was valued at $5.5 million. She explained the reasoning behind her delicious baby snacks and revealed that she had been in business for six months and had generated around $100,000 in sales.
She expected to generate a little over $500,000 in sales for the year. However, the challenge began after she distributed samples to the Sharks.
The Sharks disliked the flavor of baby food and raised concerns about her raising $1.6 million on a $5.5 million valuation. Mark pointed out that obesity was more prevalent in low-income neighborhoods, which often lack access to healthy food options when Saskia declared her intention to address child obesity.
Kevin objected to chilled meals because retail refrigerator space was valuable real estate. As a result, the Sharks left one by one, and Saskia left the pitch without a deal.
However, Fresh Bellies managed to secure coveted refrigerator space at several major retailers, including Whole Foods, Harris Teeter, Fresh Thyme, and Earth Fare.
The products are also available on Amazon. Although the Sharks were unimpressed with the product and the deal, enough people believed in Fresh Belly’s story to propel the company to great heights.
By January 2020, Fresh Bellies’ products were available in over 9000 locations, including Kroger and Wal-Mart. As of January 2022, the company is still in operation with annual revenue of $6 million.
Competitors of Fresh Bellies
Fresh Bellies has many competitors in the market space. These are; Sawyer, Bébé Voyage, Totsy, Primary.com, Agora. co, and KIDBOX among others.
Net Worth of Fresh Bellies
The company valuation was $5.5 million during and after the pitch. As of January, the company has an estimated net worth of $7 million.
Fresh Bellies FAQs
What is Fresh Bellies?
Fresh Bellies is an organic baby food brand that claimed to be the next big thing in healthy eating. It started with a mission to introduce kids to nutritious foods, like their mothers make at home.
Who is the founder?
Saskia Sorrosa, a native of Ecuador and founder of Fresh Bellies. Sorrosa worked at various PR firms until moving to Westchester County, New York, in 2015.
How much was seeking on Shark Tank?
Saskia Sorrosa sought $275,000 in exchange for 5% equity shares of her company.
How much did she get for her company on Shark Tank?
Saskia Sorrosa was not offered a deal on Shark Tank.
Is Fresh Bellies still in business?
As of January 2022, the company is still in business.
When did it start?
The company started in 2015.
Where is Fresh Bellies located?
Fresh Bellies is located in Westchester County, New York.
Where is Fresh Bellies available?
The goodness of Fresh Bellies can be bought at Whole Foods, Harris Teeter, Fresh Thyme, and Earth Fare. It also is purchased on Amazon.com as well as many other online shops including Walmart and Target.
What is Fresh Bellies Mission?
Fresh Bellies mission is to deliver delicious organic baby meals that are nutritious and aid in childhood development. The company offers unique tastes that toddlers love including Broccoli Ever After and We Got the Beet.
Do Fresh Bellies do safety and quality checks?
Yes! To assure the safety and quality of their goods, they adhere to a stringent testing policy and utilize third-party lab testing.
Before they are ever sold to retailers or customers, each batch is tested for germs such as yeast, mold, Listeria, E.coli, and Salmonella to guarantee they are clean and safe for eating!
Each lot is tested at several stages, including the components and finished product, to guarantee it is safe and nutritious.
Do Fresh Bellies snacks include preservatives?
Certainly not! No preservatives, fillers, artificial flavors, or extra sugars are used in their toddler snacks. Each of their toddler snacks has no fewer than four entire, non-GMO confirmed, and kosher certified ingredients.
They guarantee that they will receive all of the goodies and none of the garbage!
Are the baby food cups and toddler snacks that Fresh Bellies purchase organic?
Each of their purees is USDA Certified Organic. The snacks are certified non-GMO and kosher.
What is Fresh Bellies expiration date on the snacks you give your toddler?
Each Fresh Bellies toddler snack package includes an expiration date. To calculate the shelf life of their items, please refer to this date.
Are Fresh Bellies goods free of allergens?
Their goods do not contain any allergens. Their products are processed in the same facility as nuts, milk, and fish.
How many varieties do Fresh Bellies have available?
Currently, they offer six snack tastes and six infant food flavors (three fruit and three vegetable) that are inspired by the seasons. Additional varieties will be introduced in the future years.
Are Fresh Bellies cups biodegradable/recyclable?
YES! They are concerned about the environment and are conscientious in all they do. Their mugs are free of BPA/PVC, 100 percent recyclable, and most importantly, REUSABLE! Each of their cups reseals, allowing them to be reused in their household. Numerous families in their community repurpose their cups as Tupperware and even to hold clay or slime!
What is the difference between calories for a child aged 1-3 years and calories for a child aged 4 years and older?
The FDA establishes distinct nutritional recommendations for children ages 1-3 and children ages 4 and older depending on their daily caloric requirements.
As a result, they are required to provide labels on their packaging for each of these age groups that specify the percent daily value and calories per serving based on their age group.
The package contains the same number of calories. Serving size is determined by age group, normal calorie intake, and daily caloric requirements.
What happened to my tracking number of Fresh Bellies?
Customers will receive an email notification with their tracking number once their purchase ships. If they have registered an account, then can log in to follow their order.
Who is the CEO?
Saskia Sorrosa. She is the founder of Fresh Bellies.
What is the net worth of Saskia Sorrosa?
Saskia Sorrosa is the founder of Fresh Bellies and as of January, her net worth is not available.
