KidsLuv Shark Tank Net Worth 2023
As of 2023, Kidsluv’s net worth is estimated to be around $20 million. The company’s annual income is $5 million. Ashi Jelinek, the owner of Kidsluv, appeared on Shark Tank in hopes of getting an offer of $200,000 for an 8% equity in her company.
She successfully raised $1 million before appearing on the show and planned to use that money from sales on expanding the company and hopefully getting Kidsluv on the shelves in stores.
Although she did not get a deal on Shark Tank, she learned a lot from the experience and continued to work hard. As of now, Kidsluv is available in more than 1600 CVS Pharmacy stores across the country and at Walmart.
What is KidsLuv? Who is the Founder of KidsLuv?
KidsLuv is a line of vitamin-enriched drinks that are free of sugar and eco-friendly, designed specifically for children. The brand was featured on an episode of Shark Tank, specifically episode 1118.
The concept for KidsLuv came to Ashi while watching her child play soccer. She observed other parents diluting juice for their kids and became curious about the nutritional content of most juice drinks, which are typically high in sugar and low in essential vitamins and minerals.
This curiosity prompted her to launch her own firm in 2016, which she refers to as a “juice substitute.” Rather than using sugar, she sweetens the drinks with Stevia, a natural sweetener. The four available flavors – coconut, mango, guava, and orange peach – are made with a combination of water, coconut water, essential vitamins and minerals, and natural flavors.
To support her eco-friendly philosophy, Ashi packages KidsLuv in 100% recyclable Tetra Pak paper cartons. Although she has been attending beverage industry events for several years, she has only recently started to gain traction.
Currently, KidsLuv is available for purchase at 21 stores throughout Southern California and four stores in the San Francisco area, as well as online marketplaces like Amazon. A sixteen-pack of KidsLuv costs $37.99, which works out to roughly $2.40 per serving.
KidsLuv Shark Tank Pitch
During season 11 episode 15 of Shark Tank, Ashi and her son Phoenix presented their business seeking $200,000 for an 8% stake, which valued the business at $2.5 million.
Ashi distributed samples of her product, which included the Flying Flamango and Star Struck Coconut drinks that the Sharks enjoyed, although some noticed an aftertaste of Stevia.
Currently, Ashi sells her products in independent grocery stores, and her product has a shelf life of one year. Since February 2018, she has sold $50,000 worth of products and has spent around $150,000-$200,000 on her business thus far.
Ashi had previously raised $1 million through a fundraising campaign with friends and family on a $3.5 million convertible note, which did not please the Sharks.
Ashi claimed to be in negotiations with a large chain retailer to conduct a test, but she only had $50,000 left in her bank account, which worried the Sharks.
Ashi had spent $150,000 on attorneys to protect her formula in the United States and abroad and an additional $57,000 on manufacturing.
Despite Ashi’s efforts, none of the Sharks were willing to invest in her business. Barbara felt that Ashi’s investors were taking responsibility for her errors and subsequently resigned, while Mark felt that Ashi was not the one selling and exited the deal.
Kevin did not have any sell-through data and was eliminated, and Robert was apprehensive about giving Ashi additional money and was also out. Lori was concerned about the state of the business and decided to depart. In the end, Ashi left without a deal.
Despite not getting a deal on Shark Tank, Ashi launched a new flavor called Peach Me, I’m Orange, and KidsLuv is now available at Walmart, Target, Thrive Market, H.E.B., Good Eggs, Stop & Shop, and Amazon. The company has made significant progress and has an estimated annual revenue of $5 million as of July 2021.
Summary Table: Kidsluv Shark Tank
|Net worth||$20 million|
|Annual income||$5 million|
|Shark Tank||$200,000 for 8% equity, raised $1 million before the show|
|Products||Vitamin-enriched drinks for children with Stevia as a natural sweetener and 100% recyclable Tetra Pak paper cartons|
|Flavors||Coconut, Mango, Guava, Orange Peach, and Beary Berry (launched in 2022)|
|Availability||More than 1600 CVS Pharmacy stores across the country, Walmart, Target, Thrive Market, H.E.B., Good Eggs, Stop & Shop, and Amazon|
|Competitors||Kool Aid, Capri Sun, and Naked Juice|
KidsLuv Net Worth
As of 2021, KidsLuv has a net worth of $20 million.
Kool Aid, Capri Sun, and Naked Juice are all brands that KidsLuv competes with.
Kidsluv Shark Tank Updates
KidsLuv is a sugar-free, vitamin-infused drink for kids that appeared on Shark Tank Season 11. The entrepreneur behind KidsLuv, Ashi Jelinek, pitched her product to the Sharks, asking for $200,000 for 8% equity in her company.
However, she did not receive a deal from any of the Sharks. Despite this setback, KidsLuv has been successful and has a current annual revenue of over $5 million.
In 2022, the brand added a new flavor, Beary Berry, to its lineup, which includes Flying Fla-mango, Starstruck Coconut, and Peach Me I’m Orange.
Jelinek first got the idea for KidsLuv while attending her son’s soccer game and noticing parents watering down juice to give to their kids. She found that most juice drinks have a lot of sugar and little nutritional value, which got her thinking about creating a healthier alternative for kids.
KidsLuv is eco-friendly and packed with vitamins, making it a healthier option for kids who love sugary drinks.
While KidsLuv did not receive a deal on Shark Tank, Jelinek believes that her appearance on the show awarded her product positive exposure and that she would be able to score a deal if she were to return to the show.
KidsLuv’s success shows that there is a demand for healthier beverage options for kids, and the brand’s expansion and addition of new flavors demonstrate its commitment to meeting that demand.
What Is Kidsluv Shark Tank?
KidsLuv is a zero-sugar juice-infused drink for kids that was presented on Shark Tank by Ashi Jelinek. Jelinek, a mom of two, started her business in 2017 after feeling disgruntled with the drink options for kids, most of which were loaded with sugar and not very nutritionally sound.
She created KidsLuv in her kitchen and slowly began debuting her new product to friends and local businesses in 2018.Her juice-infused water has 12 essential vitamins and minerals and the added benefit of zero sugar.
KidsLuv is a juice alternative that skips sugar altogether, sweetening with Stevia instead. Each of the four flavors – coconut, mango, guava, and orange peach – are blended with water, coconut water, essential vitamins and minerals, and natural flavors.
The juice is packaged in Tetra Pak paper containers which are 100% recyclable.
On Shark Tank, Jelinek hoped for an investment deal for her sugar-free, eco-friendly juices for kids that are packed with vitamins. However, she did not receive any offers from the Sharks. Despite this setback, KidsLuv is still in business and growing.
As of 2023, there is no update on the company’s revenue or expansion plans.
How Does Kidsluv Shark Tank Works?
KidsLuv is a sugar-free, eco-friendly juice alternative for kids that is packed with vitamins and minerals. The founder of KidsLuv, Ashi Jelinek, got the idea for the product while attending her son’s soccer game.
She noticed parents watering down juice to give to their kids and realized that most juice drinks have a lot of sugar and little nutritional value. She started experimenting and in 2016, she founded The Luving Company and launched KidsLuv.
KidsLuv is sweetened with Stevia instead of sugar and comes in four flavors: coconut, mango, guava, and orange peach. The juice is blended with water, coconut water, essential vitamins and minerals, and natural flavors. The juice is packaged in Tetra Pak paper containers that are 100% recyclable.
Ashi Jelinek appeared on Shark Tank in season 11 to seek an investment for KidsLuv. After the show, she worked hard to build her company and learned from her mistakes. KidsLuv is now available on Amazon, Walmart, and a few other websites and stores.
What Happened To Kidsluv After Shark Tank?
KidsLuv is a sugar-free, eco-friendly juice for kids that is packed with vitamins. The founder, Ashi Jelinek, got the idea for KidsLuv while attending her son’s soccer game. She noticed parents watering down juice to give to their kids and found that most juice drinks have a lot of sugar and little nutritional value.
KidsLuv appeared on Shark Tank Season 11 and asked for $200,000 for 8% equity but did not get a deal.
Despite not getting a deal on Shark Tank, KidsLuv has been successful. KidsLuv has a current annual revenue of more than $5 million.
In 2022, the brand successfully added a new flavor to its current lineup, which includes Flying Fla-mango, Starstruck Coconut, Peach Me I’m Orange, and Beary Berry, with the addition of immune-supporting zinc and vitamin D.
Jelinek has said that her experience on Shark Tank awarded her product positive exposure and that she believes she would be able to score a deal if she were to return to the show.
What Is The Current Valuation Of Kidsluv Shark Tank?
As of 2023, KidsLuv’s net worth is estimated to be around $20 million. In Season 11 Episode 15 of Shark Tank, Ashi Jelinek appeared seeking $200,000 for 8% of her vitamin-infused kids’ juice, KidsLuv.
KidsLuv is a sugar-free beverage made for children that is vitamin-enhanced with A, B, C, D, and E, is vegan, has zero sugars, is sweetened with Stevia, and is a good hydrator with a mix of sodium calcium citrate.
Is Kidsluv Shark Tank Still In Business?
Yes, KidsLuv from Shark Tank is still in business. The company offers a sugar-free, vitamin-infused, and eco-friendly drink for kids that is packed with nutrition. The founder, Ashi Jelinek, appeared on Shark Tank in Season 11, asking for $200,000 for 8% equity, but she did not get a deal.
However, Jelinek said that her experience on the show awarded her product positive exposure, and she believed that if she were to return to Shark Tank, she would be able to score a deal.
KidsLuv has a current annual revenue of more than $5 million. In 2022, the brand successfully added a new flavor to its current lineup, which includes Flying Fla-mango, Starstruck Coconut, and Peach Me I’m Orange.
BevNet states that Beary Berry, with the addition of immune-supporting zinc and vitamin D, was added to the company’s list of flavors in May 2022. As of 2023, KidsLuv is still in business and seems to be doing better.
Jelinek mentioned that she has learned to never give up, and even after the pandemic temporarily slowed her business down, she did not give up hope. She has actually recently released a new KidsLuv flavor, which she calls Peach Me, I’m Orange.
What exactly is KidsLuv?
KidsLuv is the first zero-sugar, vitamin, mineral, and hydrating beverage developed to provide children with the nutrients they need without the use of harmful sweets.
KidsLuv is a non-GMO product that is also vegan, kosher, and gluten free.
They believe in providing children with the proper nutrients and love that they need.
Who is the founder of KidsLuv?
How much was she asking in the Shark Tank?
She was seeking $200,000 for 8% of her company.
Did she get a deal from the Sharks?
The Sharks did not make a deal with her.
Is KidsLuv still in business?
As of 2021, KidsLuv has a net worth of $20 million with an estimated yearly sales of $5 million. Most of his revenue comes from marketing and sales.
What are the main ingredients in KidsLuv?
Water, coconut water, calcium lactate (which serves as a source of electrolytes), organic tastes, and vegan vitamins and minerals
Can they drink KidsLuv on a daily basis?
Of course, they strongly advise it. KidsLuv provides nine important vitamins and minerals, as well as hydration, in a single serving without the extra expense of sugar.
Not only will it leave their children wanting more, but they will do it guilt-free.
Is the packaging for KidsLuv recyclable?
They chose Tetra Pak early on because of their continued commitment to sustainability.
Their Tetra Pak boxes are mostly comprised of paper and ensure the safety and freshness of each serving of KidsLuv – all without the need of preservatives or refrigeration.
Even better, Tetra Pak is the world’s top food processing and packaging solutions firm, collaborating with companies like as KidsLuv to deliver safe food in one of the most environmentally friendly packaging options available.
Is it necessary to refrigerate it once opened?
Yes, while still factory sealed, KidsLuv can be placed on their shelf. Once opened, please store in the refrigerator and consume within 7 days.
How old must their child be to consume KidsLuv?
They recommend this product for children aged one and up.
Why are all the beverages orange?
They employ Beta Carotene to offer Vitamin goodness to each taste of KidsLuv.
Beta Carotene is a naturally occurring, highly pigmented red-orange pigment found in a wide variety of plants and foods.
This pigment is what gives KidsLuv its orange hue.
What does KidsLuv taste like?
KidsLuv is a subtle tasting beverage made with water, coconut water, necessary vitamins and minerals, and organic fruits for flavour.
Is KidsLuv a juice?
Not exactly. They are their ZERO-SUGAR, vitamin- and mineral-fortified natural electrolyte beverage, with just enough organic fruit (5%) to keep their children wanting more.
What sweeteners are used instead of sugar in KidsLuv?
KidsLuv has NO SUGARS – but it does not mean they aren’t delectable! Each of their delectable tastes contains Steviol glycosides, a natural sweetener derived from the Stevia plant.
Due to the fact that Stevia is sweeter than sugar (200-300 times, to be exact).
Even better, Stevia has no calories, has no adverse effect on blood sugar or insulin levels, and is not a cavity-causing substance at the dentist.
Is KidsLuv a good alternative to their children’s daily gummy Vitamins?
Say goodbye to daily gummy vitamins; KidsLuv has here.
With dentists establishing a relationship between candy vitamins and tooth damage and cavities, it’s past time for a more nutritious alternative.
Their liquid Vitamins are taken straight into the bloodstream and avoid the sweet effects associated with their gummy or chewable Vitamins.
How many servings of daily Vitamins are in one box?
In a single 8oz carton, one serving of KidsLuv contains nine vital vitamins and minerals.
Each meal contains 50% vitamin D, calcium (95mg), potassium (25mg), vitamin A (80%), vitamin C (70%) and vitamin E (90%) as well as riboflavin (15%), niacin (100%), vitamin B6 (100%), folate (50%) and vitamin B12 (100%). (95mg). Daily Values are shown in percentages and are based on a 2000-calorie diet.
How many servings of fruit are in KidsLuv?
Each dish includes less than a tenth of a fruit serving. They constantly advocate supplementing their regular healthy balanced diet with KidsLuv.
How much Green Tea is in KidsLuv?
Rest assured that Green Tea was used only for its antioxidant properties.
They like providing nutritious goodness for their infants and are aware that they do not require the additional energy.
Green Tea has less than 1mg of caffeine and does not produce caffeination.
Is KidsLuv manufactured in a nut-free facility?
Their production plant processes coconut, which is classified as a tree nut. However, this is the facility’s sole nut.
What is the net worth of Ashi Kelinek?
Where is KidsLuv headquarters?
Marina Del Rey, California, is the headquarters of KidsLuv.