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RollinGreens Shark Tank Update

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Are you a vegetarian or a vegan surrounded by people who love meat and always talk about its taste?  But you cannot dare to try it.  Or you are turned Vegan and miss the meat taste, we have a plant-based meat company for you. A perfect one for you to get the taste.  

RollinGreens can be a perfect fit for you. It is a company that produces plant-based meat alternatives. Their Plant-based line is conveniently shelf-stable.

Their meal is gluten-free and soy-free, grain-free, with a low glycemic index, no artificial colors, and simple, clean, pronounceable ingredients with different flavors. The company previously traded vegetarian chicken wings, millet tots, and tater tots.

These were the products that they presented and served on the show shark Tank. The company in the beginning was known for its organic food truck business.

RollinGreens at a Glance:

IdeaTo serve organic and healthy food to Boulder. 
FoundersRyan Cunningham and Lindsey Cunningham
Asked For$500,000 For 10% equity
Accepted Deal$500,000 for 20% equity
SharksRobert Herjavec
Business statusIn Business
Episode No.Season 11, Episode 24
Buy on AmazonBuy Now!

Index:

What is RollinGreens?

RollinGreens is a company that produces plant-based frozen food products, including tater tots, cauliflower wings, and burgers. The company appeared on Shark Tank in 2019 and secured a $1 million investment from John Foraker and Alex Rodriguez, in exchange for a 25% equity stake in the business.

Founder Story:

Ryan and Lindsey Cunningham are the founders of RollinGreens. It all started with an organic food truck. The story takes us back to 1980, an original Boulder, Colorado organic food truck. Ryan’s parents served the streets of Boulder. Seeing this, Ryan turned himself into a trained chef. In 2011, he and his wife started to serve organic food.

They served Millet tots and some other plant-based creations. They became the demanding staple of the Farmer’s market and in 2016 they launched their famous tots at local and national retailers. And soon their business was spread to more than 4,000 stores. Today the duo has started door services.

Did RollinGreens get a deal on Shark Tank?

Yes, RollinGreens did get a deal on Shark Tank with Robert Herjavec. In May 2020, RollinGreens appeared on the show. It sought $500,000 for 10% of the company serving the sharks their tater tots and other products. The sharks found them delicious but maybe the taste wasn’t enough for all the sharks to invest.

They felt that the structure of the business wasn’t strong enough. But it was Robert Herjavec who believed in the mission and offered $500,000 for 20% of the company. They accepted the offer and Shaked hands with Robert.

See also  Turbobaster Shark Tank Update

What Happened to RollinGreens after Shark Tank?

The RollinGreens flourished in its business, though it never landed the deal with Robert. Today it sells its products in Walmart, Whole Foods, and Kroger.

The company’s valuation during the pitch was $5 Million which was brought down to $2.5 Million by Robert’s offer. Today the valuation is $5 Million. Their revenue after the show tripled and ranged from $4-5 Million. It has raised over $100k in funding in just one round.

In 2021 they introduced their Plant-Based Meat products. The same year, it was voted QVC’s best plant-based product and won the award for its crispy Cauliflower Wings. 

Since appearing on Shark Tank, RollinGreens has continued to expand its product offerings and distribution. The company has launched new products, such as crispy sweet potato fries and mac and cheese bites, and has expanded its distribution to major retailers such as Whole Foods, Kroger, and Walmart.

In 2020, RollinGreens also launched a direct-to-consumer e-commerce platform, allowing customers to purchase its products online.

Overall, it seems that RollinGreens has been successful in scaling its business since its appearance on Shark Tank. The investment from John Foraker and Alex Rodriguez likely helped the company to expand its product offerings and distribution, and the launch of the e-commerce platform has allowed the business to reach a wider audience. As the demand for plant-based food products continues to grow, RollinGreens appears to be well-positioned for further success.

Competitors

  • Open secret
  • Epigamia
  • True Elements
  • Fine Foods at Home LLC
  • Chef Bushman
  • Tasteful Inc
  • Crafty Counter

What is the net worth of RollinGreens?

The net worth of RollinGreens was $5 Million during the pitch and it was brought down to $2.5 Million. Today the net worth is $5 Million.

Is RollinGreens still in Business?

Yes, RollinGreens is in business, bringing its food truck to your doorstep. It also accepts delivery orders from its website. In 2020, RollinGreens also launched a direct-to-consumer e-commerce platform, allowing customers to purchase its products online.

Overall, it seems that RollinGreens has been successful in scaling its business since its appearance on Shark Tank. The investment from John Foraker and Alex Rodriguez likely helped the company to expand its product offerings and distribution, and the launch of the e-commerce platform has allowed the business to reach a wider audience. As the demand for plant-based food products continues to grow, RollinGreens appears to be well-positioned for further success.

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FAQs:

What is RollinGreens?

RollinGreens is a company that produces plant-based meat alternatives. Their meal is gluten-free and soy-free, grain-free, with a low glycemic index, no artificial colors, and simple, clean, pronounceable ingredients with different flavors.

What's the net worth of RollinGreens?

The net worth of RollinGreens was $5 Million during the pitch and it was brought down to $2.5 Million. Today the net worth is $5 Million.

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