Go Oats Shark Tank Net Worth 2023
Go Oats made a major breakthrough when it accepted a deal on the Shark Tank that valued its business at $750,000. The net worth of Go Oats steadily increased over the years and has now culminated in an estimated $800,000 in 2022.
Consumers can now find the beloved Go Oats products in various retailers like Whole Foods, Albertson’s, Dawson’s Market, Gelson’s, Sprouts Farmers Market, and Heinen’s.
In addition to the previously available maple brown sugar, blueberry, and apple cinnamon flavors seen on the show; the company has introduced a strawberry flavor to its range of offerings.
What is Go Oats? Who founded Go Oats?
Go Oats is a convenient breakfast option that combines oats and milk, sweetened and formed into small pieces for easy consumption. It is made with natural ingredients including milk, cane sugar, butter, and natural flavors, without the addition of any preservatives.
Nahum Jeannot, a graduate of Walnut Hill College’s Restaurant School and former chef, spent several years developing Go Oats with the aim of creating a simple and easy-to-eat breakfast dish.
Go Oats is available in four different flavors including blueberry, maple brown sugar, cran-walnut, and cinnamon. The product is distributed to over 60 Whole Foods Markets and is also sold on Amazon and at Heinen’s markets.
What happens to Go Oats at the Shark Tank pitch?
Jeannot, who won SCORE DC’s Perfect Product Pitch 2020 competition, received coaching for two years from a group that assisted him in establishing his company. His product has been well-received and garnered positive feedback.
He is currently seeking the help of the Sharks to take his company, Go Oats, to the next level. He presented an offer of $150,000 for a 10% stake in the company to the Sharks.
Upon tasting the oats, the Sharks were impressed, but they noted that Jeannot’s sales figures were low, only amounting to $13,000 in 2017, $57,000 in 2018, and around $54,000-$57,000 in 2019. They also raised concerns about the pricing of the product.
Barbara offered a proposal to Jeannot, suggesting that she would take a 25% stake in the company for $150,000 and help him get into big box stores. Jeannot was open to hearing other proposals, and Barbara agreed to consider counter-offers.
Jeannot asked Barbara if she would bring in another investor, but she declined and instead proposed a compromise of a 20% stake. Jeannot countered with a 15% offer, and they agreed to finalize the deal.
Go Oats after the Shark Tank Pitch
The agreement that Barbara was involved in did not materialize. Currently, the merchandise is available for purchase at multiple retailers nationwide, including Costco, Whole Foods, Dawson’s, Gelson’s, Sprouts, and Heinan’s, as of July 2021.
Nonetheless, the company has declared on its website that online sales will be suspended temporarily throughout the summer and will resume after the Labor Day holiday in 2021. It is expected that the company will generate annual sales of $1.2 million.
Go Oats’s net worth
Go Oats accepted a deal at the Shark Tank that values his business at $750,000.
Go Oats Shark Tank Updates
Go Oats is a brand that offers oatmeal bites made with steel-cut oats, milk, and a touch of sweetness. The bites are microwave- and oven-friendly, making them a convenient way to enjoy oatmeal on the go.
Go Oats appeared on Shark Tank in Season 12, where founder Nahum Jeannot pitched the product and asked for $150,000 in exchange for a 10% stake in the company.
The Sharks were impressed with the product and its packaging, but they were less impressed with Jeannot’s business numbers. Despite this, Barbara Corcoran made a deal with Jeannot for 20% equity in the company.
Since appearing on Shark Tank, Go Oats has added a strawberry flavor to its product line, in addition to the maple brown sugar, blueberry, and apple cinnamon options seen on the show.
The brand’s products are available in more than 100 stores in the United States, including Whole Foods Market, Albertson’s, Dawson’s Market, Gelson’s, Sprouts Farmers Market, and Heinen’s. Sales in 2016 and 2017 had leveled off by around $57,000 per year, but after appearing on Shark Tank, the brand sold out on Amazon. However, the deal with Barbara Corcoran never closed.
As of July 2021, Go Oats has suspended online sales for the summer and plans to return after Labor Day. The brand is still available in stores, and its products continue to be popular among consumers who are looking for a convenient and nutritious way to enjoy oatmeal.
Go Oats Shark Tank Table Summary:
| ITEM | DESCRIPTION |
| Product | Steel-cut oats made with farm-fresh dairy and natural flavors in an easy-to-eat format |
| Founder | Nahum Jeannot |
| Shark Tank Deal | $150,000 investment in return for a 10% equity with Barbara Corcoran |
| Retailers | Whole Foods, Albertson’s, Dawson’s Market, Gelson’s, Sprouts Farmers Market, Heinen’s, Costco |
| Flavors | Maple brown sugar, blueberry, apple cinnamon, cran-walnut, and strawberry |
| Net Worth | $800,000 estimated in 2022 |
| Sales Figures | $13,000 in 2017, $57,000 in 2018, and around $54,000-$57,000 in 2019 |
Go Oats FAQS
What Is Go, Oats Shark Tank?
Go Oats is a brand that offers steel-cut oats made with farm-fresh dairy and natural flavors in a convenient, easy-to-eat format. The founder of Go Oats is Nahum Jeannot, who was inspired by his mom and grandmom’s homemade oatmeal made with real ingredients.
Go Oats was created to provide a healthy and convenient breakfast option that is easy to prepare and eat on the go.
Go Oats appeared on Shark Tank in Season 12, Episode 2, where Nahum Jeannot requested a $150,000 investment in return for a 10% equity. The sharks were impressed with the flavorful taste and simple preparation of Go Oats.
After appearing on Shark Tank, Go Oats immediately sold out on Amazon and its official site. The company plans to use the funding to expand its marketing and manufacturing efforts.
Go Oats is available both online and offline, and its products can be found in more than 100 stores in the United States, including Whole Foods Market, Vons, and Meijer. The brand’s mission is to provide a healthy and convenient breakfast option that is easy to enjoy anytime, anywhere.
How Does Go Oats Shark Tank Work?
Go Oats is a brand of frozen oatmeal balls that appeared on Season 12, Episode 2 of Shark Tank. The founder, Nahum Jeannot, pitched the product to the Sharks and requested $150,000 in exchange for 10% equity.
The Sharks were impressed with the product’s microwave- and oven-friendly packaging but had concerns about the company’s selling margins. Barbara Corcoran ultimately made a deal with Jeannot, offering to invest $150,000 in exchange for 20% equity.
After the Shark Tank appearance, Go Oats experienced a surge in sales and sold out on Amazon.
The products are available in more than 100 stores in the United States, including Whole Foods, Albertson’s, Dawson’s Market, Gelson’s, and Sprouts Farmers Market. The company is spending its funding on marketing and manufacturing.
As of July 2021, the Go Oats website announced that it was suspending online sales for the summer and would return after Labor Day. However, the website has since resumed selling the product.
What Happened To Go Oats After Shark Tank?
Go Oats is a brand that produces frozen oatmeal balls that can be heated up in the microwave or oven. The founder of Go Oats, Nahum Jeannot, appeared on Shark Tank in season 12, episode 2, seeking $150,000 in exchange for a 10% stake in the company.
The Sharks were impressed with the product but had concerns about the company’s selling margins. Barbara Corcoran ultimately made a deal with Jeannot, investing $150,000 in exchange for 20% equity in the company.
After appearing on Shark Tank, Go Oats experienced a surge in sales and sold out on Amazon. The company’s products are now available in over 100 stores in the United States, including Whole Foods Market, Gelson’s, and Meijer.
However, the deal between Corcoran and Jeannot was never closed. As of July 2021, Go Oats had suspended online sales for the summer but planned to return after Labor Day.
Despite not closing the deal with Corcoran, Jeannot continued to run the business with passion and hard work. As of July 2021, Go Oats had captured a significant portion of the market in the frozen oatmeal category.
Is The Go Oats Shark Tank Still In Business?
Yes, Go Oats from Shark Tank is still in business. The company has added a strawberry flavor to its product line, in addition to the maple brown sugar, blueberry, and apple cinnamon options seen on the show.
Go Oats products are still available at Whole Foods and can now also be found at Albertson’s, Dawson’s Market, Gelson’s, Sprouts Farmers Market, and Heinen’s, among other retailers. The company’s net worth is $800,000 in 2022 and is still growing.
During the time of COVID-19, Go Oats’ sales were decreasing, but they have since rebounded.
The company’s founder, Nahum Jeannot, won SCORE DC’s 2020 Perfect Product Pitch and was mentored by the organization for two years, which he credits to successfully growing his business. The products are available in more than 100 stores in the United States, including Costco.
Although Barbara Corcoran made a deal with Go Oats on Shark Tank, the deal never closed Sharks were impressed with the company’s samples, especially the microwave- and oven-friendly packaging.
Jeannot asked the Sharks to invest $150,000 in exchange for 10% of the equity in the company, and Barbara Corcoran made up her mind to invest in the business by taking 20% equity in the company.
What Is The Current Valuation Of Go Oats After Shark Tank?
The current net worth of Go Oats after Shark Tank is around $800,000 in 2022. The company was valued at $750,000 during its appearance on Shark Tank.
Although the founder, Nahum Jeannot, asked for $150,000 in exchange for 10% equity, he accepted Barbara Corcoran’s offer of $150,000 for a 20% stake in the company. The Sharks were impressed with the product, but they raised concerns about the low sales figures and pricing.
Despite the challenges, Go Oats has continued to grow and capture the market. Its products are available in more than 100 stores in the United States, including big supermarkets like Whole Foods Market, Vons, and Meijer.
The company is also working on expanding its marketing and manufacturing efforts. In January 2021, Go Oats launched in Gelson’s Markets in California.
In conclusion, the current net worth of Go Oats after Shark Tank is around $800,000 in 2022, and the company has continued to grow and expand its market presence.
Where is Go Oats located?
Go Oats, is located in Alexandria, VA, United States, and is part of the Grain and Oilseed Milling Industry.
What are oats made of?
Oats are grains from the cereal plant, Avena Sativa.
Can Go Oats be microwaved?
Depending on the wattage levels of your microwave you can microwave Go Oats™ for 30-60 seconds.
However for the best experience, pop them in the oven, toaster oven, or air fryer for best results.
What happened to Go Oats after Shark Tank?
Go Oats experienced the Shark Tank boom after the airing of the show in October 2020.
All the flavors were sold out on Amazon, and more orders from their website had to be waitlisted.
How much is Go Oats worth now?
There has not been any update on the current net worth of Go Oats. Go Oats is worth $750,000 after the investment of Corcoran.
What are the Go Oats flavors?
Go Oats is made with milk, cane sugar, sweet cream butter, and natural flavor. The flavors are blueberry, cran-walnut, cinnamon, and maple brown sugar.
Which episode did Go Oats appeared in on Shark Tank?
Go Oats appeared on Shark Tank in episodes 2 and Season 12.
