Sanaia Applesauce Shark Tank Update | Sanaia Applesauce after Shark Tank
What is Sanaia Applesauce?
Sanaia Applesauce is a wholesome apple sauce inspired by the fruits of the Old World. It is the perfect blend of tart, sweet and tangy to make your taste buds sing.
Slowly cooked with another organic ingredient (sulfur dioxide), Sanaia Applesauce has been processed in an FDA-registered facility that ensures all of its ingredients are safe for you and your family to consume.
Sanaia Applesauce was established by Keisha Smith-Jeremie. She was already a successful professional lady prior to her foray into business.
Keisha excelled in her role as head of human resources at a Fortune 500 business while simultaneously developing Sanaia Applesauce. Currently, she is employed by Tory Burch.
Her first batch of applesauce was prepared as a way to combat homesickness during her college years at the University of Virginia.
Keisha developed her gourmet applesauce recipe over time by infusing it with guava and tamarind fruits tastes that brought back memories of her youth on the Bahamas Island.
Who is the founder of Sanaia Applesauce?
Sanaia Applesauce was founded by Keisha Smith-Jeremie. She was a well-established career woman prior to her foray into entrepreneurship.
Keisha successfully fulfilled her role as the head of human resources at a Fortune 500 firm while also launching Sanaia Applesauce. She is presently employed with Tory Burch.
Her first batch of applesauce was made as a remedy for homesickness while a college student at the University of Virginia in the cold East Coast winters.
Keisha grew up in the Bahamas and ate a lot of fresh fruit. She’s been making unusual apple sauces since she was a youngster.
She began preparing applesauce to alleviate her homesickness while attending the University of Virginia. Her roommate mates were enthralled!
Let’s fast forward 20 years. Keisha lived the American dream for a while, working as the worldwide head of HR for a Fortune 500 business.
She took some tamarind sauce back to the US after a vacation home and combined it with her homemade apple sauce.
That was what inspired her to turn Sanaia into a brand and a whole new snack food category: apple sauce for grown-ups.
Apple sauce is presently a $900 million business that is mostly aimed towards youngsters. Keisha feels that her mature approach can disrupt this industry as consumers seek more nutritious, plant-based, and dairy-free snacks.
Sanaia has flavors like guava and lavender pear this is not the apple sauce you had as a kid! Because each jar contains a little wedge of apple pie, the texture is less mushy.
It’s a bit costly at $19.99 for a four pack of 7.75 ounce jars.
What Happened to Sanaia Applesauce at Shark Tank pitch?
Keisha decided to pitch Shark Tank investors after finishing the product’s invention to help her with broader distribution and increased production runs.
Keisha enters the Shark Tank with a $150,000 offer for 15% stake of her company at a $1 million value.
Before handing out samples, she shares her tale and offers her pitch. She reveals that she has done extensive study on the sector and has run a six-month proof-of-concept test.
The test yielded $40,000 in revenue. She’s thinking of using a glass jar or a plastic cup similar to a foil-topped yogurt container.
She intends to sell on Amazon in the near future and claims to have received interest from several large corporations.
Barbara makes offer of $150,000 for 75% ownership of the company, which Keisha instantly rejects. Kevin is concerned that she still has a full-time job, and Keisha sobs as she explains that she will not jeopardize her family’s security.
Mark decides to make an offer of $150,000 for 25% equity in the company, which she immediately accepts, and they strike a deal with Mark Cuban.
What Happened to Sanaia Applesauce after Shark Tank?
Keisha’s contract with Mark never finalized after she celebrated during the pitch. Keisha went with the yogurt cup-style packaging.
She was successful in getting her product into Walmart, Aldi, and other supermarkets. Keisha ceased production of her product sometime in 2020 as a result of the Covid-19 epidemic.
She stated in a February 2021 interview with CNBC that she aspires to create it again someday.
The items are no longer available at Aldi or Walmart (where I used to buy them), Amazon, or her website. The firm is still in operations as of November 2021, with annual revenue of $4.5 million.
Net Worth of Sanaia Applesauce
The company was valued at $1 million during the pitch. Since the pitch the company has been selling their product with revenue of $4.5 million in 2021, this shows that the company net worth has elevate.
Sanaia Applesauce FAQs
What is Sanaia Applesauce?
Sanaia is a wholesome apple sauce that is blended with guava and tamarind to make it tangy, sweet, and tart all at the same time. The product is easy to eat and use as a snack or a side dish.
Who is the founder?
Keisha Smith-Jeremie is the founder of Sanaia Applesauce. She was a successful professional woman prior to her foray into business.
How much was asking on Shark Tank?
Keisha was seeking for $150,000 for 15% equity stake of 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 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.