O’Dang Hummus Shark Tank Update | O’Dang Hummus after the Shark Tank Pitch.
What is O’Dang Hummus?
O’Dang Hummus is a company that produces a new type of hummus made from a new type of chickpea called the O’Dang.
There are four flavours of O’Dang Hummus (ranch, honey, Caesar and buffalo.
Jesse Wolfe adores hummus and believes that everyone should as well.
He was perplexed that hummus could be liquefied and used as a marinade, dip, or even in place of salad dressing on salads.
His objective for producing O’Dang Hummus was to produce a hummus that would blow everyone’s socks off and open up a new world of hummus flexibility.
Wolfe had his wisdom teeth out in 2011 and had to eat differently while his mouth healed. He was weary of milkshakes, so his girlfriend offered hummus.
He began developing his own tastes and shared them with others, eventually discovering which ones everyone loved.
Wolfe was encouraged to enter a venture competition by a lecturer at the University of Central Florida, where he studied business management and entrepreneurship.
Jesse competed with his hummus and finished third.
Jesse gained the courage to sell his hummus at farmer’s markets around him after witnessing how much everyone enjoyed his hummus and placing third in a venture competition.
He picked the Lake Eola Farmer’s Market in Orlando, but there was a two-year waiting list.
Jesse didn’t waste any time in bringing his hummus directly to the woman in charge and having her test it.
Instead of having to wait two years to sell at the Lake Eola Farmer’s Market, the woman in charge agreed to allow him start selling the week after she tried Jesse’s hummus.
Who Founded O’Dang Hummus?
Jesse Wolfe is the founder of O’Dang Hummus.
What happen to O’Dang Hummus at the Shark Tank Pitch?
Jesse was convinced to enter the Joust — UCF’s new enterprise competition – by a lecturer, and O’Dang Hummus came in third place, earning him $4000.
Wolfe is most likely in need of a Shark to aid with rising manufacturing expenses.
Jesse comes in looking for $50,000 for a 10% stake in his company. This implies a valuation of $500,000.
He claims that hummus has been around for over 900 years, and it still tastes the same.
He gives out samples, which the sharks enjoy: Jesse claims that O’Dang is breaking down the ethnic divide in the hummus business, and he names Sabra, which has the lion’s share of the market.
Following that, he offers his bottled hummus dressing, which has no dairy, no corn syrup, and is completely organic and gluten-free. He recently had his second meeting with Publix and claims if they come on board, he’ll do $1.3 million in sales.
So far, he’s “accidentally” sold $70,000 in O’Dang, and he’ll be making 40% margins at Publix.
Barbara senses energy, but she believes he is underestimating himself — he is too innocent – and she is out.
Robert does not have a food product in his Shark Tank portfolio and is angered by Kevin and Barbara’s food company success; he offers $50,000 for a 15% stake.
Kevin offers $50,000 in exchange for a 20% ownership.
Jesse asks Lori if she’d want to partner with Robert; she’ll do it for $50,000 for a 25% stake. Jesse replies with $50,000 for a 20% stake, to which Lori and Robert accept.
Mark claims he’s still interested, but Jesse strikes a deal with Lori and Robert. This brings the Company valuation to be $250,000.
O’Dang Hummus after the Shark Tank Pitch.
Lori and Robert’s arrangement never came to fruition.
O’Dang Hummus changed its name to O’Dang Foods in June 2020 and launched a brand refresh with new and reformulated products.
Their redesigned dressings have a smoother texture and a more robust flavour profile.
The plant-based dressings, like their other products, are non-GMO, egg-free, gluten-free, and contain no high-fructose corn syrup. One of their new items is an egg-free mayo line.
This corporation is still in operation as of August 20, 2021.
He hasn’t received the distribution he planned for, but he’s in 70 stores in greater New York City, seven in Detroit, and thirteen in Los Angeles.
O’Dang Hummus Net Worth.
Jesse enters in looking for $50,000 for a 10% stake in his company. This implies a valuation of $500,000.
He accepted a deal from Robert and Lori, of $50,000 for 20% stake, which brings the valuation of $250,000.
O’Dang Hummus Competitors.
O’Dang Hummus Competitor is Sabra, is another hummus giant, Sabra, started in 1986 by Zohar Norman and Yehuda Pearl. Sabra is the number one hummus producer in America and is owned by PepsiCo.
O’Dang Hummus FAQS
Is it true that O Dang hummus landed a contract on Shark Tank?
Jesse went on Shark Tank in 2015 to market his line of hummus salad dressings.
He was seeking for $50,000 in exchange for a 10% interest in the firm. Lori Greiner and Robert Herjavec gave him the a deal he requested in exchange for a 20% interest.
Who owns O dang foods?
Jesse Wolfe is the owner of O’Dang Hummus.
O’Dang Foods headquarters is?
The company’s headquarters is located in Orlando, Florida. It was founded by Jesse Wolfe in August 2015.
Is O Dang Hummus available at Publix?
O’Dang Hummus, a manufacturer of quality hummus dressings, announced today that its new range of hummus dressings is now available in Publix supermarkets.
Is the hummus from O Dang vegan?
The fact that this firm was able to make hummus a more nutritious snack. O’Dang Hummus products are completely natural, vegan, gluten free, dairy free, and have no additional oil.
Where can they find O’Dang Hummus Salad Dressings at the store?
O’Dang Hummus Dressings may be purchased on the Salad Dressing/Condiment aisle of their local grocery shop.
Do they use canned chickpeas?
Yes! For all of their hummus products, they use only authentic, all-natural chickpeas farmed in the United States.
Do they have the calorie and nutritional information?
They certainly do! When they click on their favourite product on the internet, they will be sent to the original label, which contains the calories and nutritional information.
Where can they get my hands on some O’Dang Hummus?
They are expanding every day and are sold in stores around the country; use their website’s Store Locator to discover a store near them.
Are their items certified organic?
For their hummus and salad dressings, they only utilize the best ingredients, the majority of which are organic but not presently third-party certified.
With what do they eat O’Dang Hummus Dressings?
But seriously, anything. It may be used as a salad dressing, a dip, a marinade, and even on pizza. Follow them on social media @odanghummus for insanely delicious recipes.
Is there a suggested retail price for them products?
Yes, all of their dressings are suggested retail price, and can be purchased online or in store. They may occasionally have sales, so please sign up for their newsletter to be informed.