Pili Hunters Shark Tank Net Worth 2023
The founder of Pili Hunters, Jason Thomas, appeared on Shark Tank Season 11 Episode 6 in search of $325,000 for a 10% stake in his firm. Unfortunately, he did not secure a deal on the show. However, Jason used his entrepreneurial skills and managed to land keto-friendly influencers to promote his product, trafficking most sales to Amazon or his website.
Despite not having a shark to back him up, Thomas’ craftiness and vision for the pili nut business have turned Pili Hunters into a successful business.
According to insidergrowth.com, Pili Hunters’ net worth is approximately $4 million as of 2022. It has been speculated that Pili Hunters has grown even further in valuation from $4 million in 2021 to $5.6 million in 2022.
Pili Hunters currently sells nuts wholesale, on Amazon, and in select Walmart stores. The company makes flavored pili nuts with different oils and spices plus a variety of pili nut butter.
Although the sharks seemed impressed by the low-carb nut’s taste and the business’ $2.5 million sales during its lifetime on Shark Tank, things turned south when they realized Thomas had $400,000 stuck in inventory and thought process from the nut’s oil and bracelets fashioned out of the nut’s shell.
What Is Pili Hunters?
Pili Hunters is a novel type of snack food that is made using Pili Nuts. These nuts are grown in Southeast Asia, northern Australia, and Papua New Guinea, on volcanic soil.
The most significant benefit of Pili Nuts is their high protein content; just one cup contains 13 grams of protein. Additionally, they are abundant in magnesium, calcium, phosphorus, potassium, and healthy fats.
Pili Nuts can be consumed plain, roasted, or in any other way that you would usually eat nuts. They are suitable for people following the paleo, keto, non-GMO, vegan, and gluten-free diets, making them a highly versatile food option.
The nuts are gathered by hand from the wilds of the Philippines, without any use of pesticides, chemicals, or preservatives. To make them sprout, they are soaked overnight in salt water and then dried at a low temperature, not roasted. The drying process is essential to prevent the nuts from spoiling before they are packed.
In conclusion, Pili Nuts are the most nutrient-dense nuts on the planet, and their versatility and health benefits make them an ideal food choice for anyone looking for a healthy snack option.
Who Is The Pili Hunters’ Founder?
Jason Thomas, who was raised in the Alaskan town of Barrow, is the founder of Pili Hunters. After graduating from Alaska Pacific University with a degree in Outdoor Studies in 2002, he spent the next ten years exploring various cultures and environments across the globe, including Alaska, Hawaii, Europe, Morocco, and Southeast Asia.
During this time, he worked as a mountain guide, archaeological assistant, commercial fisherman, and kite surfing teacher, among other things.
It was during his kite surfing adventures that Thomas discovered Pili nuts while visiting the Philippines, and he was blown away by their deep, earthy, buttery flavor.
He believed that these nuts would be a hit in the United States and decided to track down the source where they were cultivated, eventually buying 10 pounds to bring back home.
With those ten pounds of nuts, 100 plastic bags, and a Craigslist-purchased sealing machine and scale, Thomas launched Hunter Gatherer Natural Foods, which later became known as Pili Hunters.
He hired a graphic designer to create a sticker for the bags, and he began traveling up and down the West Coast, sleeping in his vehicle, kite surfing, and handing out samples at natural food stores and Paleo and Keto conferences.
By May 2017, Pili Nuts were available in 50 locations and online, and by February 2019, they were available at 150 outlets across the country.
Thomas’ passion for kite surfing and devotion to expanding his company led to the success of Pili Hunters, which is now a popular brand that offers a variety of Pili nut products.
What Happened To Pili Hunters At The Shark Tank Pitch?
In episode 6 of Shark Tank Season 11, Jason sought a $325,000 investment for a 10% stake in his company, which is valued at $3.25 million. He shared his story, gave his pitch, and provided product samples. Robert was impressed and said that the Pili Hunter’s nuts were the best he had ever eaten.
The cost of producing a small pack of Pili Hunter’s nuts ranged from $1.40 to $1.80, and they were sold for $5.99. Jason mentioned that 40% of his sales were made directly to consumers.
Since its inception, Pili Hunters had generated $2.5 million in sales, including $700,000 in the previous year and $1,000,000 in the current year.
Daniel raised a valid concern about scalability due to the difficulty of sourcing the nuts, but Jason was confident that he could expand his business tenfold before this became a significant issue. Pili Hunters had 14 different products and $400,000 worth of unsold inventory.
Mark expressed his concern that Jason had become desperate by ordering too much inventory and withdrawing from the deal. Daniel was also worried that Jason was spreading himself too thin by trying to be too innovative. He withdrew from the deal due to these concerns and also questioned the supply chain.
Lori enjoyed the chocolate flavor and praised the low carbohydrate count of the product, but she felt that the business was not a good fit for her and declined to invest.
Kevin raised the point that even if the business grew ten times larger, it would only reach $10 million in revenue, and he questioned how Jason planned to reach $100 million or $200 million in sales. He withdrew from the deal due to his dissatisfaction with the valuation of Pili Hunters.
Mark provided some advice to Jason and said that while he admired what he had accomplished so far, he needed to recognize when he wasn’t skilled in a particular area and hire someone who was.
Mark believed that Jason needed a full-time operations team but was unable to provide one. Ultimately, Mark also withdrew from the deal, leaving Jason and Pili Hunters without a shark to partner with.
What Happened To Pili Hunters After Shark Tank?
Pili Hunters is a nutritious nut snack made from pili nuts grown in volcanic soil in Southeast Asian countries and Papua New Guinea. The founder, Jason Thomas, appeared on Shark Tank Season 11 and asked for $325,000 for 10% equity in his company.
Although the Sharks were impressed by the flavor of the nuts, they were concerned about the company’s valuation and the number of products it was selling. As a result, none of the Sharks made a deal with Thomas.
Despite not securing a deal on Shark Tank, Pili Hunters is still in business and have become a hit with the paleo, keto, and vegan communities.
Since appearing on Shark Tank, Thomas has managed to land keto-friendly influencers to promote his product, and most sales are made through Amazon or his website. The full line of Pili Hunter’s flavors is now available through its website.
It has been speculated that Pili Hunters has grown in valuation from $4 million in 2021 to $5.6 million in 2022. The company has made deals with farmers in the Philippines and is still doing well.
What is the Net Worth of Pili Hunters?
Jason appeared on Shark Tank Season 11 Episode 6 in search of $325,000 for a 10% stake in his firm. This translates to a $3.25 million valuation. Current net worth is evidently higher since the company has grown.
Who are the Competitors of Pili Hunters?
Beer Nuts, Farm Fresh Nuts, and Nuts in Bulk are the some of alternatives to Pili Hunters.
Pili Hunters Shark Tank Updates
Pili Hunters is a pili nut snack business that appeared on Shark Tank in Season 11 Episode 6. The founder, Jason Thomas, was seeking $325,000 for 10% of his company. Pili nuts are grown in Southeast Asian countries, northern Australia, and Papua New Guinea.
They are low-calorie, high-fat nuts that are like a combination of macadamia and pine nuts in flavor.
The Sharks were impressed by the flavor of the nuts, but they were concerned about the company’s focus on selling 14 items at once. Robert Herjavec dropped out, and the rest of the Sharks quickly followed suit. Thomas walked away without a deal.
Despite not getting a deal on Shark Tank, Pili Hunters is still in business. Since appearing on Shark Tank, Thomas’ attempts to mainstream the pili nut have been featured in a variety of different publications, including Vogue and Paleo Magazine Radio.
The business has become a hit with the paleo, keto, and vegan communities. The full line of Pili Hunter’s flavors is now available through its website.
Pili Hunters Shark Tank Net Worth 2023
|Appearance on Shark Tank||Season 11 Episode 6|
|Investment sought||$325,000 for a 10% stake|
|Net Worth (2022)||$4 million|
|Net Worth (2023)||$5.6 million|
|Sales (lifetime)||$2.5 million|
|Annual Sales (2021)||$700,000|
|Annual Sales (2022)||$1,000,000|
|Number of products||14|
|Sales channels||Wholesale, Amazon, and select Walmart stores|
Pili Hunters FAQS
What Is Pili Hunters Shark Tank?
Pili Hunters is a pili nut snack food business that appeared on Shark Tank in episode 1107. Pili nuts are grown in Southeast Asian countries, northern Australia, and Papua New Guinea, and are said to be like a combination of macadamia and pine nuts in flavor and texture.
Jason Thomas, the founder of Pili Hunters, entered the Shark Tank seeking $325,000 for 10% of his company.
He handed out samples of his pili nut products, and Robert Herjavec thought they were the best nuts he had ever tasted. Despite the Sharks like the nuts and the numbers, they did not like that the company was trying to do too much at once, and Thomas walked away without a deal.
Since appearing on Shark Tank, Pili Hunters has been featured in a variety of publications, including Vogue and Paleo Magazine Radio. The business has become a hit with the paleo, keto, and vegan communities.
Pili Hunters sells a full line of pili nut flavors, including sprouted pili nuts, keto nuts, butter, and chocolates. The company offers a subscription service that allows customers to save 20% on their first purchase and all future orders, and receive free shipping on subscriptions $55+.
Customers can swap flavors, pause or cancel anytime. Pili Hunters are still in business and have been successful despite not receiving a deal on Shark Tank.
How Does Pili Hunters Shark Tank Work?
Pili Hunters is a company that sells pili nut snack foods. Pili nuts are grown in volcanic soil in Southeast Asian countries, northern Australia, and Papua New Guinea.
The nuts are high in protein and are described as having a flavor and texture similar to a combination of macadamia and pine nuts.
The founder of Pili Hunters, Jason Thomas, appeared on Shark Tank in episode 1107 seeking $325,000 for 10% of his company. He gave his pitch and handed out samples to the Sharks.
Robert Herjavec thought it was the best nut he had ever tasted, and the Sharks were impressed by the flavor of the nuts and the company’s sales numbers.
Despite the Sharks’ interest, no deal was made. However, appearing on Shark Tank gave Pili Hunters enough publicity to turn the business into a success. The company expanded its product line to include keto nut butter and chocolates. Pili Hunters are still in business and its products are available through its website and on Amazon. The company has become popular with the paleo, keto, and vegan communities.
Is Pili Hunters Shark Tank Still In Business?
Yes, Pili Hunters from Shark Tank is still in business. Pili Hunters is a company that sells pili nuts, keto, vegan, and paleo pili nut butter, and chocolate bars made from pili nuts.
The founder of Pili Hunters, Jason Thomas, appeared on Shark Tank in Season 11, seeking $325,000 for 10% equity in his company. However, none of the sharks made a deal with him. Despite not getting a deal, Pili Hunters has continued to grow and expand its product line.
Since appearing on Shark Tank, Pili Hunters has been featured in various publications, including Vogue and Paleo Magazine Radio. The company has become popular with the paleo, keto, and vegan communities.
Pili Hunters products are available on its website and on Amazon. Pili Hunters has made deals with farmers in the Philippines to source its pili nuts.
In summary, Pili Hunters from Shark Tank is still in business and has continued to grow and expand its product line.
Despite not getting a deal on Shark Tank, the company has become popular with the paleo, keto, and vegan communities and has made deals with farmers in the Philippines to source its pili nuts.
What Is The Current Valuation Of Pili Hunters After Shark Tank?
Pili Hunters is a nutritious nut snack made from volcanic soil-grown pili nuts, which are a combination of macadamia and pine nuts.
The founder of Pili Hunters, Jason Thomas, appeared on Shark Tank Season 11 Episode 6 in search of $325,000 for a 10% stake in his firm but did not secure a deal on the show.
However, he used his entrepreneurial skills and managed to land keto-friendly influencers to promote his product, trafficking most sales to Amazon or his website.
Pili Hunters’ net worth was approximately $4 million as of 2022, and it has been speculated that the company has grown even further in valuation from $4 million in 2021 to $5.6 million in 2022.
The company has grown into a successful business despite not having a shark to back it up. Pili Hunters are still in business, and most products are sold online via their website or Amazon. Jason’s craftiness and vision for the Pili nut business have turned Pili Hunters into a successful business.
How Has the Company Grown Since Appearing On Shark Tank
Since appearing on Shark Tank, many entrepreneurs have seen significant growth in their businesses. Shark Tank provides entrepreneurs with free national publicity, which can lead to boosts in traffic, revenue, and customers, even if they don’t get a deal with one of the Sharks.
One retail business saw a 1,400 percent increase in revenue the year after it appeared on Shark Tank. Xero Shoes grew 88% during the pandemic and even landed a deal with another investor.
Shark Tank has invested over $207 million in deals to date. However, the show is not just about raising money. The process of appearing on Shark Tank can help entrepreneurs hone their pitching skills and prepare them for the challenges of building a company.
Almost every entrepreneur interviewed by Forbes said going on Shark Tank was worth it for their business, regardless of whether they secured a deal or not.
Shark Tank has also expanded globally, with Shark Tank India opening registrations for its second season.
The show has become a sort of American Idol of entrepreneurship, with tens of thousands of small business owners competing for the opportunity to pitch their products before a national audience of millions and secure a deal with one of the Sharks.
How much was he seeking in the Shark Tank?
He was seeking $325,000 for a 10% stake in his Company.
Did he get a deal from the Shark Tank?
He did not get a deal from the Shark.
Where is pili nut from?
The Pili nut (Canarium ovatum) is a tropical tree in the Burseraceae family that is grown for its delicious seeds known as pili nuts.
The plant is endemic to the Philippines, where the pili nut has long been a staple of the diet as a source of fat and protein.
Where is Pili Hunters based?
Pili Hunters is based in Bend, Oregon.
Where can they find Pili Hunters?
They can order Pili Nut products on their official website or on Amazon.
Where are Pili Hunters made?
The nuts are grown in the Philippines, they are then processed and packaged in the United States.
What is the best way to cook Pili Hunters?
They are best eaten raw as a snack.
What is the company’s shipping policy?
Pili Hunters deliver six days a week, with a normal shipping duration of two to three business days. Every Pili Hunters product comes with a money-back guarantee.
What is the company’s return policy?
If consumers are dissatisfied with their product, they should contact customer care within a week of receiving it, and they will receive a refund minus return shipping expenses.
What is their policy on the packaging?
Pili Hunters use minimal and biodegradable packaging. Unlike other internet shops, their parcels are packed full and shipped quickly. It may not be attractive on the outside, but it is what is on the inside that counts.
When was Pili Hunters aired on Shark Tank?
It was aired on Shark Tank Season 11 Episode 6 on November 3rd, 2019.
Are pili nuts healthy?
Pili nuts are a tasty and nutrient-dense superfood. They’re high in vitamin E, magnesium, and other essential elements.
Pili nuts contain antioxidants, which aid in the prevention of free radical damage to cells and the reduction of oxidative stress.
Are pili nuts Keto?
Pili nuts are high in monounsaturated, polyunsaturated, and saturated fat and are low in carbs, making them the best keto nuts.
Why are Pili Hunters’ pili nuts so expensive?
Pili nuts are more expensive than commercially cultivated nuts since it takes a significant amount of time, money, and energy to get them into the hands of customers.
Workers must first climb all the way up into the pili tree and shake the fruit down to the forest floor in order to collect it.
Are pili nuts the same as Brazil nuts?
Pili nuts, the oblong nuts produced by Canarium ovatum trees endemic to the Philippines, are comparable in size and form to almonds but have a flavour more akin to Brazil nuts.
Are pili nuts high in cholesterol?
Pili Hunters Pili nuts contain a high concentration of omega-3 fatty acids.
These are beneficial in regulating cholesterol levels and are intended for persons who want to maintain their weight and cholesterol levels.
What is the net worth of Jason Thomas?
Jason Thomas’s net worth is unavailable.