My Fruity Faces Shark Tank Net Worth
My Fruity Faces appeared on Shark Tank in 2016 and was valued at $2 million. The company’s founders, Adam Gerber and Bob Ntoya sought $200,000 for a 10% stake in their company.
However, the sharks did not invest in My Fruity Faces. The company has since gone out of business. Consequently, the current net worth of My Fruity Faces is unknown.
What are My Fruity Faces and Who is the founder of My Fruity Faces?
My Fruity Faces is a creative and fun way to encourage children to consume more fruits and vegetables. These edible stickers are made entirely of natural ingredients and can be applied to fruits and vegetables to make them more exciting and engaging for kids.
My Fruity Faces features a variety of stickers with entire faces, popular characters, and numerals, providing children of all ages with an enjoyable way to eat healthy foods.
Adam Gerber and Bob Ntoya founded My Fruity Faces in Altadena, California in 2010 to assist their children in making healthier snack choices. The idea behind My Fruity Faces was to infuse snacks and mealtime with a sense of playfulness by incorporating popular children’s items like stickers and cartoons into healthy snacks.
My Fruity Faces is an innovative solution to the problem of finicky eaters, making snacks and mealtime more fun for children. By spending more time playing with the stickers, children are encouraged to eat more fruits and vegetables, resulting in a win-win situation for both parents and children.
My Fruity Faces features several popular characters like Buddy Bites, Groovy Gals, Monster Munchies, and Playful Pets. The company has recently licensed the product from Nickelodeon and now sells stickers featuring Sponge Bob and Dora the Explorer. My Fruity Faces plans to grow by incorporating additional licenses from popular television series, feature films, and sports teams.
Currently, the product is available in Southern California Wal-Mart stores, on the company’s website, and on Amazon, making it easily accessible for parents and caregivers looking for healthy snack options for their children.
My Fruity Faces Shark Tank Summary:
| INFORMATION | DETAILS |
| Company Name | My Fruity Faces |
| Founders | Adam Gerber and Bob Ntoya |
| Year of Establishment | 2010 |
| Location | Altadena, California, USA |
| Shark Tank Episode | 724 |
| Valuation on Shark Tank | $2 million |
| Amount sought on Shark Tank | $200,000 for 10% stake |
| Investment from Sharks | None |
| Sales | $125,000 over three years |
| Distribution | Southern California Walmart stores, website, and Amazon |
| Net Worth | Unknown (company went out of business in 2018) |
| Product Description | Edible stickers made with natural ingredients that can be applied to fruits and vegetables to make them more appealing to children |
| Popular Characters | Buddy Bites, Groovy Gals, Monster Munchies, Playful Pets, SpongeBob, and Dora the Explorer |
| Unique Selling Point | Promotes healthy eating habits among children |
| Updates | My Fruity Faces went out of business, and the product is no longer for sale |
| FAQs | My Fruity Faces is an edible sticker made of all-natural ingredients that are designed to encourage children to eat healthier snacks. The product is no longer available for sale. |
Note: The table summarizes the key information about My Fruity Faces, including its founders, location, Shark Tank episode, valuation, sales, net worth, product description, popular characters, unique selling point, and updates. It also includes answers to frequently asked questions about the product.
Fruity Faces Shark Tank pitch
Adam Gerber and Bob Ntoya pitched My Fruity Faces on Shark Tank episode 724. Their line of edible stickers promotes healthy eating, is calorie- and gluten-free, and they were seeking a $200,000 investment for a 10% stake in their $2 million business.
Despite Bob forgetting his lines, they managed to sell the Sharks on their stickers and concept.
The company generated $125,000 in sales over the last three years, but recent sales were only $2,000 per month, which did not impress the Sharks. Although they had signed a contract with Walmart to sell in 3,600 stores, they did not have purchase orders and were in debt to the tune of $176,000.
All the Sharks, except Mark Cuban, went out because they believed the company’s sales were not good enough, and they should focus on moving existing inventories rather than attempting to develop contracts.
Cuban believed the problem was not with the concept, but with the implementation and ultimately passed on investing in the company.
After the show, My Fruity Faces was able to secure distribution for their product in three California stores, as well as on their website and Amazon.
However, the company ceased operations in 2018. It is unclear if Adam Gerber and Bob Ntoya took the Sharks’ advice and focused on growing their sales, as they both have a history of starting up new businesses. Despite not landing a deal with the Sharks, My Fruity Faces allowed children to enjoy customized fruits and vegetables.
Net Worth of My Fruity Faces
The company valuation was $2 million during and after the pitch. Since then the company went out of business in 2018 and hence the company’s net worth is not available.
My Fruity Faces Shark Tank Updates
My Fruity Faces is a line of calorie and gluten-free, edible stickers that encourage healthy eating, created by Adam Gerber and Bob Ntoya. The product appeared on Shark Tank in 2016, where the founders sought $200,000 for a 10% stake in their company, which was valued at $2 million.
However, the sharks did not invest in My Fruity Faces. The company has since gone out of business, and a quick Google search suggests that the product is no longer for sale4.
Therefore, there are no updates on My Fruity Faces after Shark Tank. The company has gone out of business, and its current net worth is unknown.
My Fruity Faces FAQs
What Is My Fruity Faces And How Does It Work?
My Fruity Faces is a line of edible stickers designed to encourage children to eat healthier snacks. The stickers are made in the USA with all-natural ingredients, are kosher, vegan, gluten-free, allergen-free, and have zero calories.
The product was created in 2010 by two dads who were struggling to get their kids to eat healthy snacks and develop healthier eating habits.
The stickers are made out of tapioca starch and can be placed on fruits and vegetables. Kids can have fun eating fresh fruits and vegetables with the edible stickers.
The company appeared on Shark Tank in 2016 and sought $200,000 for a 10% stake in the company. However, the Sharks did not make an offer. According to recent updates, My Fruity Faces has gone out of business and the product is no longer for sale.
What Are The Ingredients In My Fruity Faces?
My Fruity Faces are made with all-natural ingredients. According to the same source, they are also kosher, vegan, gluten-free, allergen-free, and have zero calories.
However, the specific ingredients used in My Fruity Faces are not listed in the search results. Another source mentions that the stickers are a moisture-sensitive product made of completely all-natural edible ingredients. When placed on fruits or vegetables, they absorb moisture and dissolve.
Who is the founder?
Adam Gerber and Bob Ntoya are the founders of My Fruity Faces. Their idea is to make fruit and vegetables more appealing through healthy eating.
What Was The Outcome Of The My Fruity Faces Shark Tank Pitch?
My Fruity Faces appeared on Shark Tank in 2016 and the founders, Adam Gerber and Bob Ntoya, sought $200,000 for a 10% stake in their company. However, the Sharks did not invest in My Fruity Faces.
Kevin O’Leary was interested in their $2 million valuation and asked if they’d sold many stickers already, but the outcome of the pitch was that no offers were made.
Despite their appearance on Shark Tank, My Fruity Faces has gone out of business and the product is no longer for sale.
What Happened To My Fruity Faces After Its Appearance At The Shark Tank?
After its appearance on Shark Tank, My Fruity Faces went out of business and the product is no longer for sale.
Despite the founders standing behind their product, it doesn’t appear to have stood the test of time. The current net worth of My Fruity Faces is unknown.
Did Any Of The Sharks Invest In My Fruity Faces?
None of the Sharks invested in My Fruity Faces. Despite Kevin O’Leary’s interest in their $2 million valuation and asking if they’d sold man stickers already, no offers were made.
How much were they seeking on Shark Tank?
They were seeking for $200,000 in return for a 10% stake in their business, which was worth $2 million.
Is My Fruity Faces still in business?
My Fruity Faces went out of business in 2018.
Where was the location of My Fruity Faces?
The business was based in Los Angeles, California.
How to reach My Fruity Faces?
The contact number of the company is not available. They can be reached at their official website. Their customer care information is also not known.
Was My Fruity Faces a scam?
My Fruity Faces was not a scam. They shut down in 2018 and were not able to find success after Shark Tank.
Who was the targeted market of My Fruity Faces?
The targeted market of My Fruity Faces was parents and kids.
How was the business model of My Fruity Faces?
The unique selling point of My Fruity Faces was their edible stickers.
What is the revenue model of My Fruity Faces?
In addition to sales through retail shops, My Fruity Faces also sell its products online and on various e-commerce platforms.
How much was the revenue of My Fruity Faces?
My Fruity Faces had not disclosed the total amount of its sales.
Was My Fruity Faces good for kids?
My Fruity Faces was not good for kids. The idea seemed fun, but the concept failed to come through in the pitch.
Is My Fruity Faces available for sale?
The business is no longer in operation and hence cannot be purchased.
Can you buy My Fruity Faces at stores?
My Fruity Faces are readily available at Amazon. The company went out of business in 2018, and hence there are no other ways to buy these products.
How much does My Fruity Faces cost?
The sticker sets on Amazon start from as low as $4 for 17 stickers, which is about 30% off the retail price. The prices vary for different quantities and options.
What is the net worth of Adam Gerber?
The net worth of Adam Gerber is estimated at $16 million.
How much is the net worth of Bob Ntoya?
The net worth of Bob Ntoya has not been publicized.
