GHIA Shark Tank Updates
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GHIA Shark Tank Net Worth 2023- What Happened To GHIA After The Shark Tank Pitch?

What Is A GHIA? Who Is The Founder Of GHIA?

GHIA is a non-alcoholic aperitif drink that was started by the founder, Melanie Masarin, inspired by the Mediterranean tradition. It is prepared using all-natural ingredients, including herbal nervines, which have been used for centuries to slow stress and bring on energy.

GHIA is a spirits-free, non-toxic drink that does nothing to numb the night and can be consumed by anyone because it is alcohol-free.

As of November 2022, Ghia is still in business. The demand for alcohol-free drinks has been increasing rapidly, so there are many companies focusing on making alcohol-free drinks at present time.

What Happened To GHIA At The Shark Tank Pitch?

During the pitch on Shark Tank, Melanie Masarin presented her company Ghia, which produces non-alcoholic beverages. She asked for $250,000 for a 5% equity at a $5 million valuation. The judges were impressed to learn that she was raising $6.5 million at a $35 million valuation.

The sharks were impressed with the sales figures, but the company suffered a loss of about $1 million during the same period. Ghia was planning to raise $10 million from other investors.

Daymond John decided to withdraw from the negotiations without making an offer, while Lori Greiner also felt that the company was not investable and dropped out.

Mark Cuban believed that the company would need a significant amount of money to grow in the future, but Robert Herjavec disagreed. Robert offered exactly what Melanie was asking for, which was $250,000 for just 5% equity.

Kevin O’Leary also made an offer of $250,000, but he asked for 10% equity. While Melanie was negotiating with Kevin, Robert became impatient and dropped out. Melanie ultimately declined Kevin’s offer since she was not willing to give up 10% equity.

Table: GHIA Shark Tank Summary

INFORMATION DETAILS
Product GHIA is a non-alcoholic aperitif drink
Founder Melanie Masarin
Ingredients All-natural, including herbal nervines
Shark Tank pitch Asked for $250,000 for a 5% equity at a $5 million valuation
Sharks’ response Robert Herjavec offered $250,000 for 5% equity
Lori Greiner and Daymond John did not make an offer
Mark Cuban and Kevin O’Leary made an offer
Post-Shark Tank Raised $10 million by October 2022
The founders hold 57% of the stakes of their company
Current value Valued at $35 million as of the last round of funding
Net worth GHIA’s net worth is reportedly $1 million
Market size $800 billion, expected to rise to $1.6 trillion by 2025
Availability Nationwide in the US, available in 750+ bars and stores
Product is shipped across 50 states in the US and has partnered with Mayple

GHIA is still in business as of November 2022, and the company has been successful despite not getting a deal on Shark Tank. The company has expanded its product line to include non-alcoholic Spritz, and it has raised $10 million by October 2022. The founders hold 57% of the stakes of their company, and GHIA’s net worth is reportedly $1 million. The product is available nationwide in the US, and it has partnered with Mayple. GHIA is valued at $35 million as of the last round of funding, and the market size is $800 billion, expected to rise to $1.6 trillion by 2025.

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What Happen To GHIA After The Shark Tank Pitch?

GHIA, an alcohol-free drink company founded by Melanie Masarin, pitched to the Sharks on Shark Tank in 2023. The pitch went well and Robert offered Melanie the exact deal she asked for, but she ultimately decided not to accept it.

Since then, Ghia has raised $10 million by October 2022 and the founders hold 57% of the stakes of their company.

Despite not getting a deal from the Sharks, Ghia has sold well this year and Melanie is continuing to grow her business with the help of mentors and investments.

GHIA Shark Tank Net Worth 2023

GHIA Non-Alcoholic Drinks appeared on Shark Tank in October 2022, and the company’s net worth before appearing on the show was $5 million USD. T

The founder of GHIA Non-Alcoholic Drinks, Melanie Masarin, has a net worth of $3.5 million USD as of 2022.

Currently, GHIA is valued at $35 million based on the last round of funding. The company has raised $10 million by October 2022, and to date, it has raised $3.5 million with the first $900,000 at a $7.5 million valuation.

GHIA’s bid on Shark Tank reflects the urgent need for a variety of non-alcoholic beverages. Ghia was invented after Melanie Masarin was out of options to drink a non-alcoholic beverage while touring with friends near the Mediterranean Sea.

The market size of Ghia is $800 billion and is expected to rise to $1.6 trillion by 2025. The drinks are available nationwide across 750+ bars, liquor stores, hotels, and mom-and-pop grocers. The product is even shipped across 50 states in the US and has partnered with Mayple too.

Is GHIA Still In Business?

Yes, GHIA is still in business as of November 2022. The company produces non-alcoholic beverages that are similar to aperitifs and are made using all-natural ingredients such as herbal nervines.

GHIA was founded by Melanie Masarin in November 2019 and has since raised $10 million by October 2022. The company gained a lot of traction with the rise of the sober-curious movement, where people question how alcohol affects them.

Despite not getting a deal on Shark Tank, GHIA seems to be going strong and is forecasted to make $4.5 million in 2022, which will double in 2023. The drinks are available nationwide across 750+ bars, liquor stores, hotels, and mom-and-pop grocers.

The product is even shipped across 50 states in the US and has partnered with Mayple too. GHIA’s net worth is reportedly $1 million, and the market size of Ghia is $800 billion and is expected to rise to $1.6 trillion by 2025.

In conclusion, GHIA is still in business as of November 2022. Despite not getting a deal on Shark Tank, the company has been successful due to its unique product offering that caters to the sober-curious movement.

GHIA Shark Tank Updates

Ghia is a non-alcoholic beverage company that appeared on Shark Tank in season 14, episode 4. The founder and CEO of Ghia is Melanie Masarin, who has a background in finance and economics.

During the pitch, Melanie asked for $250,000 for a 5% equity at a $5 million valuation. The sharks were impressed with the product, but no deal was made.

Since its appearance on Shark Tank, Ghia has expanded its product line to include an aperitif, non-alcoholic Spritz, and hazelnut spread named Ghianduja. The company has also seen significant growth in sales and customer return rates.

Since its launch in June 2020, Ghia has expanded to over 350 retailers and become a bar-cart staple in households nationwide. The company generated about $2.5 million in gross revenue in the previous calendar year, with most of its sales directly online.

Ghia’s appearance on Shark Tank helped the company gain social media fame and a “cult-like” following. However, Melanie declined Kevin’s offer of $250,000 for 10% equity.

Despite not receiving a deal on the show, Ghia has continued to grow and expand its product line, with a focus on providing non-alcoholic alternatives to traditional alcoholic beverages.

How Does GHIA Shark Tank Work?

Ghia is a non-alcoholic, spirits-free aperitif drink that was created by Melanie Masarin after she was out of options to drink a non-alcoholic beverage while touring with friends near the Mediterranean Sea.

Ghia is inspired by the Mediterranean culture and can be purchased from Amazon or from its website at prices ranging from $32 – $75.

Melanie Masarin, the founder and CEO of Ghia, appeared on Shark Tank in Season 14’s Episode 4 to pitch her product to Sharks Kevin O’Leary, Lori Greiner, Mark Cuban, Daymond John, and Robert Herjavec.

During the pitch, Melanie Masarin asked for $250,000 for a 5% equity at a $5 Million Valuation. Although Robert Herjavec offered Melanie the exact deal according to his demand, Ghia did not get a deal in Shark Tank.

However, Melanie was pleasantly surprised after launching Ghia in 2020, as her product was received quite positively. Currently, Ghia produces and sells three edible products — aperitif, non-alcoholic Spritz, and hazelnut spread named Ghianduja.

How Much Has GHIA Grown Since Appearing On Shark Tank?

Ghia, a non-alcoholic apéritif inspired by the Mediterranean, appeared on Shark Tank in season 14, episode 4, where founder Melanie Masarin pitched her unique brand to the Sharks.

Since Ghia’s launch in June 2020, the brand has expanded to over 350 retailers and became a bar-cart staple in households nationwide.

The drinks are available nationwide across 750+ bars, liquor stores, hotels, and mom-and-pop shops. The market size of Ghia is $800 billion and is expected to rise to $1.6 trillion by 2025.

Ghia has grown significantly since its appearance on Shark Tank. As of October 2022, Ghia has raised $10 million, and the founders hold only 57% of the stakes of their company.

Ghia produces and sells three edible products: aperitif, non-alcoholic Spritz, and hazelnut spread named Ghianduja.

The company has won five awards, grown the team to “7 full-time humans,” and convinced over 100 restaurants in America to create non-alcoholic sections on their menu and serve Ghia.

Ghia was also named one of Fast Company’s 2022 World’s Most Innovative Companies list in the Consumer Category, the first non-alcoholic spirit “to lead with … [innovation]”.

What was the Sharks’ Feedback on GHIA?

Melanie Masarin, founder and CEO of Ghia, pitched her non-toxic, alcohol-free aperitif drinks on Shark Tank Season 14 Episode 4. She offered $250,000 for a 5% equity stake in her company, which meant a $5 million valuation.

The investors, including Kevin O’Leary, Lori Greiner, Mark Cuban, Daymond John, and Robert Herjavec, were impressed with her pitch, but not everyone was interested in making an offer to her.

Robert Herjavec had offered Melanie the exact amount she asked for, but she was listening to other offers at the time and missed the opportunity.

The internet was divided over Ghia founder Melanie losing the deal over Robert’s offer. Some fans slammed Robert for not giving a second chance to Melanie and being unfair to her.

However, others felt that Melanie got what she wanted, which was a free advertisement for her business without losing any equity.

After launching Ghia in 2020, Melanie was pleasantly surprised by the positive reception of her product. Sales picked up quickly, and her product was featured in prestigious publications. Ghia can be purchased from Amazon or from its website at prices ranging from $32 – $75.

How Has GHIA Grown Since Appearing on Shark Tank?

Ghia is a non-alcoholic apéritif inspired by the Mediterranean, made entirely of botanical extracts and free of alcohol and added sugar.

The founder and CEO of Ghia is Melanie Masarin, who appeared on Shark Tank in season 14, episode 4, asking for $250,000 for a 5% equity at a $5 million valuation. While the sharks liked the taste of Ghia, they did not invest in the company.

Despite not receiving an investment from the sharks, Ghia has grown significantly since its launch in June 2020. In less than a year, the brand expanded to over 350 retailers and became a bar-cart staple in households nationwide.

The company also saw a 40% increase in sales month over month. As of October 2022, Ghia has raised $10 million, and the founders hold only 57% of the stakes of their company, although they have sold.

Currently, Ghia produces and sells three edible products: aperitif, non-alcoholic Spritz, and hazelnut spread named Ghianduja. While the aperitif costs around $75 per bottle, a pack of 12 spritz cans will set you back by $60, and a pack of 2 Ghianduja.

Ghia aims to make aperitifs accessible to people who do not drink alcohol, and the benefits of aperitifs have always been out of reach for people who did not drink alcohol, and Ghia aims to change that notion.

What is the Current Valuation of GHIA after Shark Tank?

Ghia Non-Alcoholic Drinks appeared on Shark Tank in October 2022, where founder Melanie Masarin asked for $250,000 for a 5% equity at a $5 million valuation.

The sharks were impressed with her line of zero-proof aperitifs, but they were concerned that she took a $1 million hit in 2021.

However, they were highly impressed to learn that, at the time of the episode, she was raising $6.5 million at a $35 million valuation. Kevin O’Leary offered $250,000 for 10% equity, which Masarin quickly turned down.

Masarin has raised $3.5 million and currently has raised $6.5 million at a $35 million pre-money valuation.

Masarin has 57% equity in the company after raising $6.5 million. As of 2023, Ghia Non-Alcoholic Drinks has a net worth of around $1.5 million. Masarin has a net worth of $1.0 million.

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