What Happened To Bleni Blends After Shark Tank?
What is Bleni Blends?
Bleni Blends is a smoothie kiosk that offers real fruit smoothies with no artificial flavors, no preservatives, and no added sugar. They also offer clean label iced coffee. The kiosk is designed to be fun and interactive and makes 16-ounce Blends in just 12 square feet.
The company was founded in 2019 by brothers Stuart and Peter Shapiro under the umbrella company Elysium Marketing Group. Bleni Blends offers six flavors of smoothies and iced tea, including Strawberry Banana Bleni, Tropical Bleni, Green Power Bleni, and Berrylicious Bleni. The vending machine is 12-square-foot and requires only one electrical plug-in
The founders, Stuart and Peter Shapiro, thought of people who have limited time and want a healthy and convenient option instead of vending machine snacks. The smoothies are made with proprietary blends that are shelf-stable and aseptically packaged in bags.
The founders have exclusive rights to the US market for the life of the patent, which has 15 years left.
The kiosks are currently available in 41 locations, with plans for 20 more in the near future.
Stuart and Peter, the founders, pitch their business on Shark Tank Season 14 Episode 18, seeking $250,000 in funding from the sharks in exchange for 6% equity at a valuation of $4.1 million.
The sharks had questions about the sourcing of the fruit, who stocks the kiosks, how the kiosks work, and the revenue of the company.
Greiner and Daniel Lubetzky offered $250,000 for 35% equity and a $500,000 line of credit reducing the company valuation to $714,000. The brothers accepted the offer.
What Happened To Bleni Blends At Shark Tank?
The founders, Peter and Stuart Shapiro were seeking $250,000 for 10% equity in their company, but two sharks offer $250,000 for 35% equity.
Bleni Blends is an unattended retail smoothie kiosk that makes real fruit smoothies with no artificial flavors, preservatives, added sugar, lactose, or gluten. It also makes clean label iced coffee. The kiosk is just 12 square feet in size and uses proprietary blends that are aseptically packaged in bags and shelf-stable.
Bleni Blends has exclusive rights to the US for the life of the patent, with 15 years left. They currently have 41 kiosks in the market and 20 more in development.
The Sharks had questions about the logistics of the business, such as where the fruit comes from and who stocks it, but are interested in learning more.
The founders explain that they have exclusive rights to the US for the life of the patent, which has 15 years left, and that they have 41 kiosks currently in the market with 20 more on the way.
The sharks are concerned about competition but are impressed with the product and the entrepreneurs’ commitment. They agree to invest and discuss potential opportunities for growth.
After negotiation, the entrepreneurs agree to the deal for $250,000 and 35% equity, subject to a $500,000 line of credit.
What Happened To Bleni Blends After Shark Tank?
Bleni Blends appeared on Shark Tank in Season 14 and secured a deal with Lori Greiner and Daniel Lubetzky. The company, which was founded in 2019 by brothers Stuart and Peter Shapiro, offers a smoothie vending machine that is cashless.
The founders sought funding from the sharks to expand their business. During their Shark Tank pitch, Stuart and Peter asked for $250,000 for 6% equity. Lori Greiner and Daniel Lubetzky offered $250,000 for 35% equity and a $500,000 line of credit. The brothers accepted the offer.
As of March 2023, it is unclear what has happened to the company since their appearance on Shark Tank, but they are still available for purchase
Bleni Blends At Shark Tank Net Worth
As of 2023, Bleni Blends is estimated to be worth $0.714 million based on shark tank valuation.
Bleni Blends is a vending machine company that sells smoothies and iced coffees. The company was founded in 2019 by brothers Stuart and Peter Shapiro, who pitched their product on Shark Tank and got a deal with Lori Greiner and Daniel Lubetzky.
Bleni Blends vending machines offer customers a touch-screen to choose from a variety of flavors, and their beverage is ready in a minute. The company currently offers seven flavors, and the average cost of a Bleni Blends drink is $5.50, though prices vary by location and region.
In their Shark Tank pitch, the Shapiro brothers asked for $250,000 for 6% equity. Lori Greiner and Daniel Lubetzky invested $250,000 for 30% equity and a $500,000 line of credit. The company has since expanded to have 41 machines available at different locations, making $465,000 sales year to date in 2022.
| Topic | Summary |
| What is Bleni Blends? | Bleni Blends is a smoothie kiosk that offers real fruit smoothies with no artificial flavors, no preservatives, and no added sugar, and clean label iced coffee. It was founded in 2019 by brothers Stuart and Peter Shapiro under the umbrella company Elysium Marketing Group. |
| Bleni Blends Flavors | Bleni Blends offers six flavors of smoothies and iced tea, including Strawberry Banana Bleni, Tropical Bleni, Green Power Bleni, and Berrylicious Bleni. |
| Bleni Blends Size | The vending machine is 12-square-foot and requires only one electrical plug-in. |
| Bleni Blends Shark Tank Deal | The founders, Stuart and Peter Shapiro, appeared on Shark Tank Season 14 Episode 18, seeking $250,000 in funding from the sharks in exchange for 6% equity at a valuation of $4.1 million. Lori Greiner and Daniel Lubetzky offered $250,000 for 35% equity and a $500,000 line of credit, and the brothers accepted the offer. |
| Current Locations | Bleni Blends has 41 kiosks in the market and 20 more in development. |
| Competition | The sharks were concerned about competition, but they were impressed with the product and the entrepreneurs’ commitment. |
| Net worth | As of 2023, Bleni Blends is estimated to be worth $0.714 million based on the Shark Tank valuation. |
| How Bleni Blends works | Bleni Blends is a smoothie vending machine startup that offers quick and easy smoothies at the push of a button. The Bleni machines vend six smoothie flavors and iced coffee, which come pre-packaged for insertion into the machine and contain fresh ingredients. All the blends are dairy-free and aseptically packaged, which allows an extended shelf life without any refrigeration. |
What Is Bleni Blends And How Does It Work
Bleni Blends is a smoothie vending machine startup that offers quick and easy smoothies at the push of a button. The Bleni machines vend six smoothie flavors and iced coffee, which come pre-packaged for insertion into the machine and contain fresh ingredients.
All the blends are dairy-free and aseptically packaged, which allows an extended shelf life without any refrigeration. The Bleni Blends kiosk is an automatic smoothie and iced coffee machine that makes healthy smoothies and iced coffees in 60 seconds using groundbreaking vending technology.
The fruit blends made in the Bleni machine are made from real fruits and natural ingredients. The Bleni Blends headquarters is located in Philadelphia
What Is Bleni Blends And How Does It Work
Bleni Blends is a smoothie vending machine that prepares smoothies made from real fruits in just 60 seconds. The machine is completely cashless and can operate up to 24/7 hours. The blends come pre-packaged for insertion into the machine and contain fresh ingredients.
All the blends are dairy-free and aseptically packaged, which allows an extended shelf life without any refrigeration. Oat milk is used in some of the blends.
To use the Bleni Blends machine, customers start with the state-of-the-art touch screens to pick their refreshing smoothie flavor. They then wait one minute for the fresh ingredients to blend to perfection, and then enjoy their tasty treat.
The Bleni machines vend six smoothie flavors and iced coffee. The machines have a touch screen ordering system that accepts credit cards, debit cards, Apple Pay, Google Wallet, and some campus cards.
Bleni Blends was started in 2019 under the umbrella company Elysium Marketing Group. The founders sought funding from sharks after entering the Shark Tank to expand the business on crowded places in the United States.
As of March 2023, the company is still in business, and the number of machines is increasing every year.
What Are The Ingredients Used In Bleni Blends Smoothies
Bleni Blends is a smoothie vending machine that offers seven varieties of flavored smoothies filled with nutrients in under a minute.
The Bleni machines vend six smoothie flavors and iced coffee, all of which are dairy-free and aseptically packaged, allowing an extended shelf life without any refrigeration. The blends come pre-packaged for insertion into the machine and contain fresh ingredients such as strawberries, bananas, mangos, pineapples, spinach, berries, coffee, and chocolate.
The 16-oz cups of dairy-free sweet delights come with nutrition information that can be viewed before buying.
Bleni Blends is a state-of-the-art touch screen vending machine that allows customers to pick their refreshing smoothie flavor. The machine blends fresh ingredients to perfection in one minute, and the customer can enjoy their tasty treat.
The vending machine accepts credit cards, debit cards, Apple Pay, Google Wallet, and some campus cards. The price of a Bleni Blends smoothie typically costs $5.50, although some vending machines’ prices differ.
Did Bleni Blends Get a deal at Shark Tank?
Yes, Bleni Blends received funding from the sharks on Shark Tank. During the show, Daniel Lubetzky and Lori Greiner teamed up and asked for a colossal 35% ownership in the company. They also negotiate for a $500,000 line of credit included in the deal. It is not yet clear what happened to Bleni Blends after their appearance on Shark Tank.
Bleni Blends is a smoothie vending machine startup that recently appeared on the TV show Shark Tank. The founders, brothers Peter and Stuart Shapiro, sought a $250,000 investment for 6% of their self-funded company, which holds exclusive U.S. rights to a smoothie kiosk venture.
