KidsLuv Shark Tank Update | KidsLuv after the Shark Tank Pitch
What is KidsLuv?
KidsLuv is a sugar-free, eco-friendly, vitamin-packed drinks for kids, was featured on Shark Tank episode 1118.
Ashi conceived the concept for Kids Luv while watching her kid play soccer.
She witnessed parents diluting juice for their children. That prompted her to investigate the components, and she discovered that most juice drinks are high in sugar and low in nutritional value.
That prompted her to ponder – and explore.
Ashi took the jump and launched her firm in 2016. She refers to KidsLuv as a “juice substitute.”
She avoids sugar entirely, instead sweetening with Stevia. Each of the four flavours – coconut, mango, guava, and orange peach – is a combination of water, coconut water, essential vitamins and minerals, and natural flavours.
Ashi stores her juice in 100% recyclable Tetra Pak paper cartons.
She’s been making the rounds at beverage industry events for several years and is only now beginning to gain traction.
A sixteen-pack costs $37.99, or nearly $2.40 per serving. KidsLuv is sold in 21 stores throughout southern California and four stores in the San Francisco area.
She also sells the item on Amazon and other online marketplaces.
Who is the Founder of KidsLuv?
What happen to KidsLuv at the Shark Tank Pitch?
Ashi appears on Shark Tank season 11 episode 15 with her son Phoenix, who is seeking $200,000 in exchange for an 8% stake in her business. This indicates a value of $2.5 million.
She begins with her pitch and then distributes samples.
Each Shark receives a Flying Flamango and a Star Struck Coconut, both of which the Sharks enjoy.
She adds Stevia to sweeten it. Mark and Barbara both notice the aftertaste of Stevia.
Currently, she is selling her wares in independent grocery stores. The product has a one-year shelf life.
She has sold $50,000 worth of product since February 2018. She has spent “approximately $150,000-$200,000” thus far.
The Sharks want to know which number is correct. She states that the figure is closer to $200,000.
She raised $1 million through a fundraising campaign with friends and family on a $3.5 million convertible note.
The Sharks are not pleased with that development.
She claims she is in negotiations with a large chain retailer to conduct a test. She only has $50,000 left in her bank account, which horrifies the Sharks even more.
She has spent $150,000 on attorneys to protect her formula in the United States and abroad.
The manufacturing run cost an additional $57,000. She is now prepared for distribution.
Barbara asserts that Ashi’s investors are taking responsibility for her errors; she has resigned.
Mark asserts that she is not the one selling; he exits.
Kevin does not have any sell-through data; he is therefore eliminated.
Robert admires her for her tenacity, but she is not out selling. He’s apprehensive about giving her additional money; he’s out.
Lori, concerned about the state of business, departs, and Ashi eventually leaves the Sharks without a deal.
KidsLuv after the Shark Tank Pitch
Despite the lack of a Shark contract, the firm launched a new flavour called Peach Me, I’m Orange. The corporation made significant progress by July 2021, just a year and four months after the scheduled air date.
KidsLuv is now available at Walmart, Target, Thrive Market, H.E.B., Good Eggs, Stop & Shop, and Amazon. Annual revenue is estimated to be $5 million.
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.
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.