Pinoleblue Shark Tank Net Worth-What Happened After Shark Tank?

What is Pinole Blue Shark Tank Net Worth?

Pinole Blue is a food company founded by Kate Kung-McIntyre, Eddie Sandoval, and Kyle Offut that specializes in foods made with blue corn. The company appeared on Shark Tank Season 13 in 2021 seeking $300,000 for 10% equity in their business ($3 million valuation) but did not receive a deal.

Despite not getting a deal, the company’s business increased rapidly after the show and they now have products available in various food marketplaces such as Whole Foods Market, Cafe Kacao, CocoAndre Chocolatier & Horchateria.

As of 2022, Pinole Blue’s net worth is estimated to be about $3 million. This is expected to increase further in the coming time due to their increased popularity after appearing on Shark Tank and the high demand for organic vegan foods.

What Is Pinole Blue And Who Founded Pinole Blue?

Pinole Blue is a business that produces organic food products made from blue corn, including drink mixes, tortillas, cookies, and protein bites.

The founder of Pinole Blue is Eddie Sandoval, who started the business while pursuing a business finance degree at Wichita State University.

Sandoval’s family is from Chihuahua, Mexico, where pinole is a multiuse, nutrient-dense mixture of roasted ground maize savored by his family for generations.

He bought organic blue corn in large amounts and started processing and packaging pinole to sell it to locals. Soon his dorm room transformed into Pinole Blue headquarters.

Eddie Sandoval appeared on Shark Tank season 13 to pitch his business.

What Happened To Pinole Blue At Shark Tank?

Pinole Blue is a blue corn superfood business that appeared on Shark Tank episode 1315. The founders, Kate Kung-McIntyre, Eddie Sandoval, and Kyle Offut pitched their ancient blue corn drink mixes, cookies, protein bites, and stone-ground tortillas to the Sharks.

They were seeking $300,000 for 10% equity in their business. However, none of the Sharks invested in Pinole Blue.

After appearing on Shark Tank, Pinole Blue was marketed for free and gained more exposure. Their product became available in Taco Naco KC in March 2022 and they started working with KeHE for distribution in the same month.

As of January 2023, Pinole Blue’s products are available in different food marketplaces across the United States such as Whole Foods Market, Cafe Kacao, CocoAndre Chocolatier & Horchateria.

Pinole Blue has been featured in popular magazines and websites such as Shark Tank Blog and Meaww.com. The company has grown since its appearance on Shark Tank. Once the company moved from Eddie’s dorm room to a proper production area, its customer base grew tenfold.

What Happened To Pinole Blue After Shark Tank?

Pinole Blue appeared on Shark Tank Season 13 and left without a deal. However, the company’s business increased rapidly after the show. Pinole Blue is still in business and growing. The company was able to secure additional funding after appearing on Shark Tank.

Pinole Blue has been featured in major publications and has even landed a spot on the Today Show. The company won an award at the 2022 Good Food Awards in the grains category. They also donate a portion of their sales to the Tarahumara tribe in Mexico.

Pinole Blue’s product became available in Taco Naco KC in March 2022, and they started working with KeHE for distribution in March 2022 as well. As of January 2023, their product is available in four Wichita area Whole Foods and an additional 15 stores.

In summary, Pinole Blue did not get a deal on Shark Tank but experienced significant growth after appearing on the show. They secured additional funding, won an award, and expanded their distribution to several stores.

Is Pinole Blue Still In Business?

Yes, Pinole Blue is still in business as of January/February 2023 and is growing. After appearing on Shark Tank, the company was able to secure additional funding and has since expanded its product line.

Pinole Blue is now available in many stores nationwide, including four Wichita area Whole Foods and an additional 15 stores.

The company’s annual revenue is around $900,000. Customers love Pinole Blue because all of their products are made with 100% organic blue corn, promoting organic and vegan nutrition. The brand specializes in making Pinole, Blue Corn, and Mexican Food.

Pinole Blue also donates a portion of its sales to the Tarahumara tribe in Mexico. The founder took his brand to Wichita State’s annual venture competition and won the $10,000 grand prize.

If interested in buying Pinole Blue Protein Foods products, they can be found offline at some organic food markets or online at marketplaces like Amazon.

Pinoleblue Shark Tank Table Summary:

INFORMATION	DETAILS
Company Name	Pinole Blue
Founders	Kate Kung-McIntyre, Eddie Sandoval, and Kyle Offut
Shark Tank Appearance	Season 13 in 2021, seeking $300,000 for 10% equity, but did not receive a deal
Products	Organic food products made from blue corn, including drink mixes, tortillas, cookies, and protein bites
Net Worth	Estimated to be about $3 million as of 2022
Business Growth	Increased rapidly after Shark Tank appearance, expanded to various food marketplaces like Whole Foods Market, Cafe Kacao, CocoAndre Chocolatier & Horchateria
Additional Funding	Secured after Shark Tank appearance
Awards	2022 Good Food Awards winner in the grains category
Donations	A portion of sales goes to the Tarahumara tribe in Mexico
Revenue	Around $900,000 annually
Availability	Available in many stores nationwide, including four Wichita area Whole Foods and an additional 15 stores
Specialization	Pinole, Blue Corn, and Mexican Food
Brand Values	100% organic, promoting organic and vegan nutrition