Wanna Date Shark Tank Update | Wanna Date after the Shark Tank
What is Wanna Date?
Wanna Date is a line of vegan spreads with oil free, dairy free and zero added sugar. They offer low-calorie, sugar-free, nutritious, vegan-friendly spreads in a variety of tastes, with dates as the main ingredient.
Wanna Date was established in 2017 by Melissa Bartow while she was still in college.
A former New York University graduate with a Bachelor’s Degree in Entrepreneurship who previously performed part-time internships as a magazine photographer, food vendor waiter, and brand ambassador.
Bartow began combining dates in her dorm room to make delicious spreads that could be smeared on toast, poured to ice cream, or eaten right out of the jar.
She then experimented with combining the dates with various substances to produce tastes such as chocolate, cinnamon, vanilla, and pumpkin spice.
In January, 2020, the young entrepreneur went into the Tank seeking an investment of $100,000 in exchange for 20 percent equity.
The puts business at a value of $500,000.
Wanna Date products cost $2.40 per unit to manufacture, but the entrepreneur believes she can reduce this to $1.70-1.80 per unit.
Each product sells for $12 on the internet, and the entrepreneur claims that “no one has ever complained about the pricing.”
She left the Tank with a deal with recently converted vegan, billionaire Mark Cuban: $100k for 33 percent.
Wanna Date after the Shark Tank
Melissa came on the show looking for a $100,000 investment in exchange for a 20% stake in Wanna Date.
According to the entrepreneur, Wanna Date? made $31,000 in sales in its first 10 months.
Its sales have been split as follows: 10% have been direct to consumer via the company website, 35% have been through special events such as Christmas markets, and the remainder have been wholesale.
Although the Sharks debated whether or not to invest in the company, Mark Cuban agreed to put up $100,000 in return for 33 percent stock and some improvements that may improve business operations.
Wanna Date? also emerged from Shark Tank with some viral traction and has received great feedback from consumers and reviewers as a result of the appearance.
Wanna Date is still in operation, with headquarters in the New York metropolitan region.
Customers may buy their items online, via e-commerce sites like Amazon, or in storefronts situated in seven states around the United States.
They reportedly struck a deal with retail behemoth Whole Foods to stock their goods in its aisles.
The show was re-aired just before the COVID-19 outbreak began, enhancing online purchases.
Mark Cuban’s investment aided in the funding of R&D and allowed Bartow to extend distribution.
Wanna Date? debuted in July at Whole Foods Market stores in the Midwest, and she hopes to expand the product into the Northeast in the fourth quarter.
Wanna Date FAQs
What is Wanna Date?
Wanna Date? is a vegan alternative to dessert spreads that has captivated the interest of the show’s other investors.
Melissa Bartow, the company’s founder and CEO, stated that the investment has enabled her to grow her operations and cease relying on family members for financial assistance.
What became of Wanna Date from Shark Tank?
Wanna Date is still in operation, with headquarters in the New York metropolitan region. You may buy their items online, via e-commerce sites like Amazon, or in storefronts situated in seven states around the United States.
Mark Cuban, did you invest in Wanna Date?
Whereas the Sharks debated whether or not to invest in the company, Mark Cuban agreed to put up $100,000 in return for 33 percent stock and some improvements that may improve business operations. Melissa agreed to the deal.
What flavours are available?
The product is available in five different flavors: original, vanilla, pumpkin spice, chocolate, and cinnamon.
With only 30 calories per serving, it’s an excellent way to satisfy a sweet need without resorting to manufactured sugar.
Dates are a “super food,” containing a high concentration of vitamins, minerals, and fiber.
Melissa wants to spread the word about the goodness of dates around the world, and she would welcome the participation of a Shark.
What is the cost of Wanna Date?
Each jar has a price tag of $12.
What are some applications of Wanna Date?
Wanna Date? is just a blend of natural components that blend together to create a nut butter-like substance without the nuts.
The vegan, allergen-free, and all-natural spread has a variety of applications. You may spread it over your favorite brown bread and consume it whenever you have a sweet urge.
Is Wanna Date still in business?
Yes, it is still in business.
Wanna Date? has been available in retail stores throughout the United States
Where can I buy Wanna Date?
You may order the product directly from their website or by visiting them at one of their stores.
Is Wanna Date available in stores?
Yes, it is available in about 400 retail stores across the United States.
Wanna Date at a Glance
Founded: 2017 by Melissa Bartow
Product: Vegan alternative to dessert spreads
Headquarters: New York, NY, United States
Company Size: 1-10 employees
Industry: Food & Beverage