Wanna Date is a nut butter spread that contains one of the most healthy items known to mankind- dates. Dates enhance your mood and make a human energetic. It can easily be substituted for sugar. Wanna Date is a spread that provides only 30 calories per use.
The nut butter comes in four flavors – Cinnamon, Pumpkin Spice, Chocolate, and Vanilla. One jar of Wanna Date Nut Butter costs around $12. It is an oil-free, vegan, and no-sugar formula for maintaining a sweet tooth as well as a healthy diet.
Wanna Date at a Glance:-
| Idea | Healthy alternatives to jams and butter, it serves Dates in different flavors |
| Founders | Melissa Bartow |
| Asked For | $100,000 For 10% |
| Accepted Deal | $100,000 For 33% |
| Sharks | Mark Cuban |
| Business status | In Business |
| Episode No. | Season 11, Episode 11 |
| Website | Wanna Date |
| Buy on Amazon | Buy Now! |
Index:
Who are the founders of Wanna Date?
Melissa Bartow is the founder of Wanna Date. She graduated with a degree in Bachelors in Entrepreneurship from New York University. She has worked as a magazine photographer, brand ambassador, and food vendor waiter. While she was interning with a food vendor during her college days, she found out about dates and their benefits.
She researched about the same and found that all the dates in the market contained sugar. She purchased a food processor and started working on making healthy date butter in her dorm room itself. She started experimenting and testing it on different friends by sending them on blind dates and testing the nut butter on them to check the taste and quality of her product. After receiving great reviews, she decided to launch Wanna Date on the market.
Did Wanna Date get a deal on Shark Tank?
Melissa, the founder of Wanna Date, enters the show in the season, episode. Melissa came on the show looking for an investment of $100,000 for an exchange of 20% equity. Melissa shared her story and how she made it to get there. Melissa shared that she had started 10 months before and had made sales of $31,00 only. The sales figures were not acceptable.
Daymond John was the first to share his opinion. Daymond said Melissa hadn’t researched well about the market and its space for this business and went out. Barbara Corcoran mentioned that Melissa couldn’t be an entrepreneur and went out. Lori Greiner said it was too early at a stage to invest and went out. Kevin O’Leary was also concerned with company values and early stage. All the sharks went out, except Mark Cuban. Mark Cuban gave a decent offer with few conditions.
Mark offered $100,000 for 33% equity in exchange for her business. Mark put a few terms, like a small jar, less expensive, and plain date flavors on it. Melissa proved that she never quits and is not dependent on her father for every stage by accepting the offer of Mark Cuban.
What happened to Wanna Date after the Shark Tank Show?
After the show, once the show aired, Wanna Date seemed to be a big hit. Wanna Date gained huge popularity from the show. As of March 2020, Mark Cuban has not listed Wanna Date on his website. Whether Mark was with Melissa or not was a secret for a few months.
As of August 2020, this suspense came to an end as the deal between Mark and Melissa was closed officially. After the show, Melissa also asked Mark Cuban to take her to the Mavs game. After the show, they took their place in more than 128 stores, including Whole Foods.
During the pitch, they had a valuation of $500,000 and by the end, Mark Cuban valued the company at $303,030.303. After the show, they introduced Date Doughs. They have various flavors, like chocolate, Birthday Cake, and Snickerdoodle. The Wanna Date jar also comes in various flavors, like chocolate, vanilla, pumpkin, and cinnamon.
Wanna Date, each jar manufactured costs $2.9 and Melissa sold it on the market for $12. Melissa is working on reducing the production to $1.8 after the show. As of 2022, they have a total sales of $4.7 million.
Competitors of Wanna Date are:-
- Fresh Date
- Keto Date
What is the net worth of Wanna Date?
The valuation on the pitch was delivered to be $500,000, which was later, justified by Mark Cuban to $303,030.3. The estimated net worth of Wanna Date is $ 4 million. As of 2022, they have reached sales of $4.7 million.
Is Wanna Date still in business?
Wanna Date is still in business and is doing great. Wanna Date recently introduced Date Doughs in different flavors. Wanna Date is trying to cut down its production costs to enjoy more profit and enhancement.
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FAQs:
What is Wanna Date?
Wanna Date is a nut butter spread that contains one of the most healthy items known to mankind- dates. Dates enhance your mood and make a human energetic. It can easily be substituted for sugar. Wanna Date is a spread that provides only 30 calories per use.
Who founded Wanna Date?
Melissa Bartow is the founder of Wanna Date. She graduated with a degree in Bachelors in Entrepreneurship from New York University. She has worked as a magazine photographer, brand ambassador, and food vendor waiter.