Sanaia Applesauce Shark Tank Net Worth 2023
As of 2023, the net worth of Sanaia Applesauce is unknown. However, at the time of its appearance on Shark Tank, Sanaia Applesauce was valued at around $600,000 after a deal with Mark Cuban. Another source states that the valuation was $1 million when it appeared on Shark Tank.
During Season 10 of Shark Tank, Keisha Smith-Jeremie sought a $150,000 investment in exchange for a 15% equity stake in her company. Mark Cuban offered her $150,000 for a 25% share in the business.
However, the deal was never finalized. After Shark Tank, Keisha raised $750,000 and took notes to fund her business.
What is Sanaia Applesauce? Who is the founder of Sanaia Applesauce?
Sanaia Applesauce is a premium apple sauce that takes inspiration from the fruits of the Old World, offering a perfect combination of tartness, sweetness, and tanginess that tantalizes the taste buds.
Using only organic ingredients, including sulfur dioxide, Sanaia Applesauce is processed in an FDA-registered facility to ensure its safety for consumption by you and your loved ones.
Keisha Smith-Jeremie founded Sanaia Applesauce, building upon her success as a professional in human resources for a Fortune 500 company while pursuing her entrepreneurial dreams.
The idea for the applesauce was sparked during her time as a homesick college student at the University of Virginia, where she infused her recipe with the tastes of her childhood in the Bahamas, incorporating guava and tamarind fruits.
Today, Sanaia Applesauce offers a unique and mature twist on traditional apple sauce, featuring flavors like guava and lavender pear that appeal to grown-up tastes.
With a texture reminiscent of apple pie and a commitment to plant-based, dairy-free, and nutritious snack options, Sanaia Applesauce is poised to disrupt the $900 million apple sauce industry.
While it may come at a premium price of $19.99 for a four-pack of 7.75-ounce jars, Sanaia Applesauce is a delicious and wholesome choice for those seeking a more elevated snack experience.
Sanaia Applesauce Shark Tank Pitch
After completing the invention of her product, Keisha decided to pitch the Shark Tank investors in order to expand distribution and increase production runs.
During the pitch, Keisha offered a 15% stake in her company for $150,000, valuing the company at $1 million.
She shared her story and pitch with the investors, mentioning that she had conducted extensive research and run a successful six-month proof-of-concept test that generated $40,000 in revenue.
Keisha planned to sell her product on Amazon and had received interest from large corporations. She intended to use glass jars or plastic cups similar to foil-topped yogurt containers as packaging.
Barbara offered Keisha $150,000 for 75% ownership of the company, which Keisha declined. Kevin expressed concern about Keisha’s full-time job, but she explained that she wouldn’t risk her family’s security.
Mark made an offer of $150,000 for 25% equity in the company, which Keisha accepted.
However, Keisha’s contract with Mark didn’t come to fruition because she celebrated too early during the pitch.
Keisha went ahead with the yogurt cup-style packaging and successfully got her product into Walmart, Aldi, and other supermarkets.
Due to the COVID-19 pandemic, Keisha stopped production of her product in 2020, but she hopes to make it again someday.
Her products are no longer available at Aldi or Walmart, Amazon, or her website. Nonetheless, the company is still operational as of November 2021 and generates annual revenue of $4.5 million.
Sanaia Applesauce Shark Tank Updates
Sanaia Applesauce is an organic, all-natural applesauce brand that was featured on Shark Tank in Season 10. The founder, Keisha Smith Jeremie, appeared on the show seeking an investment of $150,000 for a 15% stake in the business.
Mark Cuban offered $150,000 for a 25% stake in the company, which Keisha accepted. However, the deal with Mark Cuban was never finalized.
Unfortunately, Sanaia Applesauce went out of business during the COVID-19 pandemic. Keisha was forced to shut down the manufacturing and production of Sanaia.
However, in April 2022, Keisha announced on Facebook that she was relaunching Sanaia. The unsweetened and guava flavors were available for purchase on the company’s website and on Amazon. The blackberry and hibiscus flavors were launched on the market as well.
In conclusion, Sanaia Applesauce was featured on Shark Tank in Season 10 and received an offer from Mark Cuban, but the deal was never finalized. The company went out of business during the COVID-19 pandemic, but it was relaunched in April 2022.
The unsweetened and guava flavors were available for purchase on the company’s website and on Amazon, and the blackberry and hibiscus flavors were launched on the market as well.
Net Worth of Sanaia Applesauce
The company was valued at $1 million during the pitch. Since the pitch the company has been selling its product with revenue of $4.5 million in 2021, which shows that the company’s net worth has elevated.
Sanaia Applesauce Shark Tank Table Summary:
| ITEM | VALUE |
| Net worth in 2023 | Unknown |
| Valuation on Shark Tank | $600,000 or $1 million (sources differ) |
| Investment sought | $150,000 for 15% equity stake |
| Offer by Mark Cuban | $150,000 for 25% equity stake (deal not finalized) |
| Investment raised | $750,000 |
| Founder | Keisha Smith-Jeremie |
| Revenue in 2021 | $4.5 million |
| Product price | $19.99 for a four-pack of 7.75-ounce jars |
| Key features | Premium organic apple sauce with unique flavors |
| Distribution | Walmart, Aldi, Amazon, and company website (in the past) |
| Status | Relaunched in April 2022 |
Sanaia Applesauce FAQs
What Is Sanaia Applesauce Shark Tank?
Sanaia Applesauce is a brand of “adult” applesauce that was pitched on Shark Tank in episode 1003 by Keisha Jeremie. Keisha grew up in the Bahamas and ate a lot of fresh fruit.
She has been concocting interesting applesauce since she was a child. She entered the Shark Tank seeking $150,000 for 15% of her business.
She explained that she had done a lot of research into the industry and conducted a six-month test for proof of concept, which earned $40,000. She had two types of applesauce, unsweetened and guava.
After the Shark Tank episode aired, Sanaia Applesauce faced disruptions due to the COVID-19 pandemic, and its website, Instagram, and Facebook pages was taken down.
However, in April 2022, Sanaia announced a relaunch, and sales of the grown-up applesauce resumed on both the company’s website and Amazon.
The guava and unsweetened flavors were available, with the launch of the blackberry and hibiscus flavors on the way.
How Does Sanaia Applesauce Shark Tank Work?
Sanaia Applesauce is a brand of “adult” applesauce that was pitched on Shark Tank by Keisha Jeremie in episode 1003. Keisha grew up in the Bahamas and has been concocting interesting applesauce since she was a child.
She conducted a six-month test for proof of concept, which earned $40,000.Keisha entered the Shark Tank seeking $150,000 for 15% of her business. She received a deal from Mark Cuban for $150,000 for 25% of her business.
After the Shark Tank episode aired, Sanaia Applesauce was able to secure distribution through Walmart and Aldi. However, the deal with Mark Cuban was never finalized. The COVID-19 pandemic disrupted Sanaia’s production, causing the company to stop operations.
However, Sanaia Applesauce relaunched in 2022 and resumed sales of its guava and unsweetened flavors on its website and on Amazon. The company also launched blackberry and hibiscus flavors in 2022.
As of 2023, the net worth of Sanaia Applesauce is unknown. However, the company was valued at around $600,000 at the time of its Shark Tank appearance. Sanaia Applesauce is an organic, all-natural applesauce that has been gaining popularity among health-conscious consumers.
What Happened To Sanaia Applesauce Shark Tank?
Sanaia Applesauce is an organic, all-natural applesauce that was featured on Shark Tank in 2018. Keisha Smith-Jeremie, the founder of Sanaia Applesauce, appeared on the show seeking a $150,000 investment for a 15% stake in her business.
Mark Cuban agreed to invest $150,000 for a 25% equity in Sanaia Applesauce. However, the deal with Mark Cuban appears to be unfinished business and wasn’t finalized.
Sanaia Applesauce faced disruptions in production due to the COVID-19 pandemic, which caused the company to stop operations for a while.
However, in April 2022, Sanaia announced a relaunch, and sales of the grown-up applesauce resumed on both the company’s website and Amazon. The unsweetened and guava flavors are currently available for purchase.
Keisha Smith-Jeremie picked the yogurt cup-like packaging to secure the applesauce market and eventually attained distribution through Walmart and Aldi. Sanaia Applesauce is now back in busi
Is Sanaia Applesauce Shark Tank Still In Business?
Sanaia Applesauce from Shark Tank is still in business as of April 2022. The company stopped operations during the COVID-19 pandemic but relaunched in 2022.
In April 2022, Sanaia announced a re-launch, and sales of the grown-up applesauce resumed on both the company’s website and Amazon.
A publicist for Sanaia reached out to Bizzbucket in June of the same year, assuring the site that the guava and unsweetened flavors were available, with the launch of the blackberry and hibiscus flavors on the way.
However, there was some confusion about the status of Sanaia Applesauce in 2021. One source claimed that the company was out of business in 2021 due to the COVID-19 pandemic. This information is incorrect, as Sanaia Applesauce was relaunched in April 2022.
What Is The Current Valuation Of Sanaia Applesauce Shark Tank?
Sanaia Applesauce appeared on Shark Tank in Season 10 Episode 2, seeking a $150,000 investment for a 15% stake in the business, which valued the company at $1 million.
Mark Cuban offered $150,000 for a 25% stake in the business, which valued the company at $600,000. However, the deal was never finalized.
Since appearing on Shark Tank, Sanaia Applesauce has raised $750,000 in funding to bring shape to the business. The company has been selling its product with a revenue of $4.5 million in 2021. The net worth of Sanaia Applesauce is unknown as of 2023.
In conclusion, the valuation of Sanaia Applesauce was $1 million when it appeared on Shark Tank, but the company was valued at $600,000 after a deal with Mark Cuban.
The net worth of Sanaia Applesauce is unknown as of 2023, but the company has raised $750,000 in funding and generated $4.5 million in revenue in 2021.
How much was asking on Shark Tank?
Keisha was seeking $150,000 for a 15% equity stake in her company for a $1 million valuation.
Did she get the deal?
Yes, she got the deal of $150,000 for 25% equity in the company from Mark Cuban, but they never finalized their deal.
Is Sanaia Applesauce still in business?
Sanaia Applesauce is still in business as of November 2021, with a revenue of $4.5 million.
What are the ingredients of Sanaia Applesauce?
The main ingredients in Sanaia Applesauce are apples, honey, guava, tamarind fruit and spices like clove, cinnamon and nutmeg.
How much does it cost?
Sanaia Applesauce is priced at $19.99 for four packs of 7.75 ounce jars.
Where can you purchase this apple sauce?
Sanaia Applesauce is sold in major grocery stores such as Walmart, Aldi and other supermarkets nationwide. Customers can purchase them online on Amazon as well as through their website.
What does Sanaia Applesauce do?
Sanaia Applesauce can be used as a snack for kids or an adult alike. Sanaia Applesauce has an orange-tangerine flavor that appeals to both young and old.
How do I pay?
Customers can pay through credit cards and PayPal on their website.
How are they different from other brands?
While most apple sauces focus on the apple, Sanaia Applesauce focuses on the adult palate while retaining the simplicity of childhood nostalgia.
As it combines various flavors like tangy, sweet and spicy at the same time, it is unlike any other apple sauce available in the market today.
Is Sanaia Applesauce safe?
Sanaia Applesauce is entirely free from artificial colors, artificial flavors, gluten and preservatives. Sanaia has been tested by the most professional laboratories and is certified organic, kosher and vegan.
Is Sanaia Applesauce verified?
Sanaia Applesauce has received its official certification from the USDA. The product is also registered with the FDA food safety system in accordance with the standards set forth by California Department of Health Services.
What is the net worth of Keisha Smith-Jeremie?
The net worth of Keisha Smith-Jeremie is unknown.
