Snacklins Shark Tank Net Worth 2023

In October 2019, Snacklins Crisps appeared on Shark Tank Season 11 and made a deal with Mark Cuban for $250,000 for 5% equity and 5% advisory shares.

During the pitch the company was valued at $10 million since then the company has a net worth of nearly $15 million in 2021.

Since then, Snacklins has grown significantly and is now sold in 2,500 stores across the East Coast, including Whole Foods, Walmart, and Stop & Shop.

In 2020, the company’s revenue was $3 million and in 2021 it was projected to hit $10 million. As of 2022, Snacklins’ founder Samy Kobrosly has a net worth of 14.25 million USD and the company is expected to make $2 million this year.

What is Snacklins? Who is the founder of Snacklins?

Snacklins creates meat-free snacks made from pig rinds, but purposely vegan and crafted with nutritious ingredients like yuca, mushrooms, and onions.

The founder of Snacklins is Samy Kobrosly, a former disc jockey and radio personality from the Washington, D.C. region. The company produces four varieties of low-calorie crisps, and multi-packs are available at a discounted price. Samy still has a stake in the business.

What started as a joke among friends about a vegan-friendly pork rind has become a multi-million dollar business. Samy sought the help of a culinary friend and spent several months perfecting the recipe.

Samy and his chef friend were joking over whiskey about creating a vegan pig rind crackling. They realized it was a good idea and Snacklins were born.

The recipe for these vegan pork rinds includes yucca, mushrooms, onions, and either soy-ginger or barbecue sauce, cooked in sunflower oil to maintain their crunch and flavor.

Snacklins are a gluten-free, low-calorie, non-GMO, vegan, dairy-free, and paleo-friendly snack. With only 80 calories per bag, Samy invites customers to “devour the entire bag” as they have significantly fewer calories than other snacks such as Doritos. They also contain less fat and sugar than other popular snack foods.

Initially, Snacklins were available in mid-Atlantic health food stores, but they quickly expanded to over 1000 locations. Currently, they can be found at Walmart and Amazon.

To avoid being too pushy with customers, Kobrosly is redesigning the packaging to make the product appear more like junk food than health food.

Snacklins at Shark Tank Pitch

Samy founded a company and decided to seek the assistance of Shark Tank investors to help grow it. During his pitch, he requested $250,000 for a 2.5% stake in his company, which was valued at $10 million.

He highlighted the product’s low calorie count and shared samples with the Sharks. Samy was looking for a strategic partner to avoid being copied by a larger brand and also needed funds to expand his kitchen.

He estimated that it would take 11 months for the company to become profitable, but expected to generate $2 million in revenue by the end of the year.

While the Sharks enjoyed the product, they were hesitant about the pricing. Samy clarified that he only owned 30% of the business, with the rest being owned by his initial employees and angel investors.

All Sharks, except Mark Cuban, backed out due to concerns over Samy’s desire to build his own factory. Mark Cuban offered $250,000 for 5% ownership and 5% in advisory shares, which Samy accepted.

After their successful pitch, the product was picked up by national and regional chains like Erewhon, Stop & Shop, and Whole Foods, and is also available on Amazon.

The company plans to revamp its packaging in December 2020 and produce larger, multi-serve products. Snacklins CEO Kevin Blesy reports that the product is also available at MOM’s Organic and select Shop Rite locations.

As of September 2021, the company expects to generate $10 million in sales for the year, up from $3 million in 2020.

Net Worth of Snacklins

During the pitch the company was valued at $10 million since then the company has a net worth of nearly $15 million in 2021.

Snacklins Shark Tank Updates

Snacklins is a vegan snack company that appeared on Shark Tank in 2019. The founder, Samy Kobrosly, pitched his vegan “pork rinds” made with yuca, mushroom, and onions to the Sharks. He asked for $250,000 for a 2.5% stake in his company.

Mark Cuban offered $250,000 for a 5% stake in the company and 5% advisory shares. Snacklins are now sold in stores all over the East Coast, including Whole Foods, Walmart, and Stop & Shop. As of November 2021, Snacklins had made its way into 2,500 stores.

Snacklins has been successful since appearing on Shark Tank. The company was averaging $5,000 per week in online sales before appearing on the show.

After the company’s plant-based crisps made their national television debut, the business hit $100,000. Cuban continues to work with the Snacklins team after striking a deal with Kobrosly on the October 2019 episode.

Snacklins was featured on Shark Tank again during Season 13 Episode 5, where Kobrosly reflected on the company’s success. Snacklins can also be found for sale on Amazon.

Snacklins Shark Tank Net Worth 2023

ATTRIBUTE	VALUE
Company Name	Snacklins
Founder	Samy Kobrosly
Product	Meat-free snacks made from pig rinds
Ingredients	Yuca, mushrooms, onions, soy ginger or barbecue sauce
Key Features	Vegan, gluten-free, low-calorie, non-GMO, dairy-free, paleo-friendly
Investment Deal	$250,000 for 5% equity and 5% advisory shares from Mark Cuban
Valuation during Pitch	$10 million
Net Worth in 2021	Nearly $15 million
Revenue in 2020	$3 million
Projected Revenue in 2021	$10 million
Expected Revenue in 2023	$2 million
Stores Sold in	2,500 on the East Coast
Distribution	Walmart, Whole Foods, Stop & Shop, Amazon
Shark Tank Appearances	Season 11, Episode 2
Update Appearance	Season 13, Episode 3

Snacklins FAQs

What Is Snacklins And How Does It Work?

Snacklins is a brand of snack crisps made from simple ingredients that are gluten-free, low calorie, non-GMO, vegan, dairy-free, and paleo-friendly. They are impossibly crunchy and remarkably airy, and come in six delicious flavors, including Nacho and Cinnamon Churro.

Snacklins has far fewer calories, fat, and sugar than other popular snack foods, with only 80 calories per bag compared to 150 calories per bag of Doritos. The company started out in mid-Atlantic health food stores and grew from 100 stores to over 1000 very quickly, and is now available in Walmart and on Amazon.

Snacklins appeared on Shark Tank in season 11 and received an investment of $250,000 from Mark Cuban for 5% of the company plus 5% advisory shares. Two seasons later, the company appeared on an episode update where it was announced that Snacklins had made its way into 2,500 stores, including Whole Foods and Walmart.

In 2020, the company’s revenue was $3 million, and in 2021, it was projected to hit $10 million. The next year saw even greater success, bringing in $13 million.

Snacklins has also rebranded its packaging to make the product look more like junk food than health food, partnering with a creative agency to make stylized mouths a fun through-line in their mouthwatering marketing. Snacklins is still available for purchase on Amazon and in retailers such as Walmart.

Who owns?

The company is owned by Samy and seconded by David Blesy. They maintain a 30% stake in the business.

What Are The Ingredients In Snacklins?

Snacklins are made from few, simple, all-natural ingredients like yuca, mushrooms, and onions. They are vegan, gluten-free, non-GMO, and paleo-friendly.

Snacklins are intentionally delicious and coincidentally healthy. They are lower in carbs and sodium compared to other chips and salty snacks. Snacklins are impossibly crunchy, remarkably airy crisps made from simple ingredients.

They are available in six delicious flavors, including Nacho and Cinnamon Churro. The Cinnamon Churro flavor is sweet and made with all-natural sweeteners, including allulose and monkfruit extract.

What Happened To Snacklins After Appearance At The Shark Tank?

nacklins, a vegan pork rind snack made from mushrooms, onions, and yuca, appeared on Shark Tank in 2019. The founder, Samy Kobrosly, requested $250,000 for a 5% stake in his company.

Although most of the sharks enjoyed the taste, they were concerned with some of his ideas, leaving only Mark Cuban to offer a deal. Cuban invested $250,000 in Snacklins for a 2.5% stake in the company.

Snacklins was sold in more than 1,000 stores at the time of the Shark Tank episode, and Kobrosly expected to garner $2 million in sales by the end of the year.

Since appearing on Shark Tank, Snacklins has continued to grow and expand. Snacklins can be found for sale on Amazon and on the shelves of retailers such as Walmart and Whole Foods.

In 2021, Snacklins returned to Shark Tank to give an update on the company’s progress. The company was averaging $5,000 per week in online sales at the time of the first Shark Tank appearance, but after the company’s plant-based crisps made their national television debut, the business hit $100,000.

Cuban continues to work with the Snacklins team after striking a deal with Kobrosly on the October 2019 episode. As of April 2022, Snacklins is still in business and has expanded its distribution to many national and regional chains, including Erewhon, Stop and Shop, and Whole Foods.

What Was The Outcome Of Snacklins Shark Tank Pitch?

In Season 11 Episode 4 of Shark Tank, Sam Kobrosly pitched his vegan pork rind chips, Snacklins, and asked for $250,000 for 2.5% equity.

Mark Cuban made an offer of $250,000 for 5% equity and 5% advisory shares, which Sam accepted. Barbara Corcoran was immediately out due to the risks associated with making the product.

Since appearing on Shark Tank, Snacklins has grown all over the country and remains a focus team committed to making delicious healthy snacks that people love.

The company started as a bar bet in 2016, where someone bet Sam to make a vegan pork rind. Samy Kobrosly is the founder of Snacklins, and Kevin Blesy is the CEO.

Did Snacklins Get Investment From Shark Tank?

Yes, Snacklins received a $250,000 investment from Mark Cuban on Shark Tank in 2019. Cuban offered the investment in return for a 5% stake in the company plus 5% in advisory shares, which Snacklins founder Samy Kobrosly accepted.

At the time of the Shark Tank appearance, Snacklins was sold in more than 1,000 stores and was expected to garner $2 million in sales by the end of 2019.

Snacklins returned to Shark Tank in 2021 to give an update on the company, two years after securing the investment from Cuban.

The update revealed that Snacklins has surpassed $5.3 million in sales and can be found in retailers such as Walmart, Stop & Shop, and MOM’s Organic Market locations. Cuban’s investment appears to have paid off, as Snacklins continues to thrive.

How much was asking on Shark Tank?

Samy was asking for $250,000 for a 2.5% stake in the business, which is valued at $10 million.

Is Snacklins still in business?

Snacklins are still in business and they are projecting to generate an estimated revenue of  $10 million in 2021.

What are the types of Snacklins?

The company produces four flavors of pork rind crisps. They include Original, Cheddar, Beer Battered, and Sriracha & Lime. Is Snacklins a Shark Tank Product?

What are Snacklins made from?

The ingredients include yuca, mushrooms, and onions. The mixture is infused with either soy-ginger or barbecue sauce and cooked in sunflower oil in order to preserve the crisp flavor and texture of traditional pork rinds. Additionally, they have far fewer calories than other snacks.

How Snacklins does make money?

The company generates revenue from; the sale of their products,  from licensing fees, from sale of advertising to other companies,  from deals with other supplement companies and by offering advertising space for various brands.

Is Snacklins safe?

The ingredients used in the product are all natural. The company, however, does not maintain a fully vegan kitchen, which means that some cross-contamination can occur during the production of their foods.

How is the business model?

The company uses an Omni-channel approach. They distribute their products through a variety of channels, including e-commerce, traditional retail outlets, and internet sellers.

How much does the Snacklins cost?

The company produces pork rind crisps that are gluten free and vegan suitable. The product comes in flavors that include Original, Cheddar, Beer Battered, and Sriracha & Lime.

The cost of the product depends on where it is purchased; online retailers sell a pack of 10 bags for $9.

Is Snacklins good or bad?

The product is designed to be a healthy snack that is suitable for use while watching sports events or while participating in outdoor activities. It is a good product.

What is the net worth?

The net worth of the company is $15 million in 2021.

How long has Snacklins been in business?

The company has been in business since 2018.

Is Snacklins a Shark Tank product or not?

Snacklins is not a Shark Tank product as they are not in any way affiliated with the show and it is purely coincidental that they ended up appearing on the show.

The product deal however worked out very well for both parties and resulted in a great partnership.

How do I pay?

The company accepts all major credit cards, including PayPal, and it also accepts direct bank transfers.

What is Samy Kobrosly’s net worth?

Samy Kobrosly net worth is unknown.