My Fruity Faces Shark Tank

My Fruity Faces Shark Tank – Founder, Net Worth and Investment

My Fruity Faces, a creative and fun way to encourage children to consume more fruits and vegetables, made its appearance on Shark Tank in 2016. Founders Adam Gerber and Bob Ntoya sought a $200,000 investment for a 10% stake in their company, which was valued at $2 million. However, the sharks did not invest, and unfortunately, My Fruity Faces has since gone out of business.

The founders’ idea was simple yet innovative – to make healthy snacks more appealing to kids by incorporating popular children’s items like stickers and cartoons. With their line of edible stickers made entirely of natural ingredients, children could apply these fun stickers to fruits and vegetables, turning snack time into a playtime experience.

Despite signing a contract with Walmart to sell in 3,600 stores and generating $125,000 in sales over three years, My Fruity Faces encountered challenges. Recent sales dropped to $2,000 per month, and the company had no purchase orders and was in debt.

Currently, the net worth of My Fruity Faces is unknown, as the company went out of business in 2018.

My Fruity Faces Shark Tank

Key Takeaways:

  • My Fruity Faces appeared on Shark Tank in 2016 but did not secure an investment from the sharks.
  • The founders, Adam Gerber and Bob Ntoya, sought $200,000 for a 10% stake in their $2 million company.
  • My Fruity Faces offered edible stickers made with natural ingredients to make healthy snacks more appealing to children.
  • The company had sales of $125,000 over three years but faced challenges with declining sales and debt.
  • My Fruity Faces went out of business in 2018, and its current net worth 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.

Adam Gerber and Bob Ntoya founded My Fruity Faces in Altadena, California in 2010 to assist their children in making healthier snack choices. The company’s idea was to infuse snacks and mealtime with a sense of playfulness by incorporating popular children’s items like stickers and cartoons into healthy snacks.

With a mission to promote healthy eating habits among children, My Fruity Faces offers a range of edible stickers featuring beloved characters like Buddy Bites, Groovy Gals, Monster Munchies, Playful Pets, SpongeBob, and Dora the Explorer. These stickers are not only visually appealing but also Kosher, vegan, gluten-free, allergen-free, and calorie-free.

Founder of My Fruity Faces: Adam Gerber and Bob Ntoya

My Fruity Faces Shark Tank Summary

Here is a summary of My Fruity Faces’ Shark Tank journey:

Company Name Founders Year of Establishment Location Shark Tank Episode Valuation on Shark Tank
My Fruity Faces Adam Gerber and Bob Ntoya 2010 Altadena, California, USA 724 $2 million

During their Shark Tank appearance, Adam and Bob sought a $200,000 investment for a 10% stake in their company. Unfortunately, they did not secure a deal with the Sharks.

“Promoting healthy eating habits among children, My Fruity Faces offers edible stickers made with natural ingredients. These stickers can be applied to fruits and vegetables, transforming them into fun and engaging snacks for kids. With popular characters like Buddy Bites, Groovy Gals, Monster Munchies, Playful Pets, SpongeBob, and Dora the Explorer, My Fruity Faces aimed to make healthy eating enjoyable for children.”

Despite generating $125,000 in sales over three years and securing distribution in Southern California Walmart stores, the company ultimately went out of business in 2018, and the product is no longer available for sale. Consequently, the current net worth of My Fruity Faces is unknown.

Product Details:

  • All-natural ingredients
  • Edible stickers applied to fruits and vegetables
  • Popular characters included for added appeal
  • Encourages healthy eating habits among children

My Fruity Faces Shark Tank Summary

My Fruity Faces Shark Tank Pitch

During Shark Tank episode 724, Adam Gerber and Bob Ntoya presented their innovative product, My Fruity Faces. These edible stickers were designed to promote healthy eating habits in children. The stickers were made with natural ingredients and were calorie-free and gluten-free. The founders aimed to secure a $200,000 investment for a 10% stake in their $2 million business.

Their pitch successfully captured the interest of the Sharks, who were intrigued by the concept and potential market for My Fruity Faces. However, despite their persuasive pitch, Adam and Bob did not receive an investment. While the company had generated $125,000 in sales over the past three years, recent sales were only $2,000 per month.

Despite signing a contract with Walmart to distribute their product in 3,600 stores, My Fruity Faces faced the challenge of not having purchase orders. This, coupled with mounting debt, led to the unfortunate demise of the company.

My Fruity Faces Shark Tank Pitch

Investment Sought Valuation Sales
Shark Tank Pitch $200,000 $2 million $125,000 over three years
Recent Sales $2,000 per month

Net Worth of My Fruity Faces

During and after its appearance on Shark Tank, My Fruity Faces was valued at $2 million. However, since the company went out of business in 2018, its current net worth is unknown.

Despite the initial promise and valuation, My Fruity Faces succumbed to challenges and ceased operations. The inability to secure a deal with the Sharks, coupled with financial difficulties and debt, ultimately led to the downfall of the company.

While the exact net worth of My Fruity Faces remains uncertain, the once thriving business is now just a memory of its entrepreneurial journey.

My Fruity Faces Net Worth

My Fruity Faces Valuation Timeline

Year Valuation
2010 N/A
2016 $2 million
2018 N/A (Company went out of business)

My Fruity Faces Shark Tank Updates

After appearing on Shark Tank in 2016, My Fruity Faces did not secure a deal with the Sharks. Unfortunately, the company has since gone out of business, and their product, My Fruity Faces, is no longer available for sale. As a result, there are no further updates on the status or availability of My Fruity Faces after their appearance on Shark Tank.

My Fruity Faces Shark Tank Updates

Despite their initial efforts to promote healthy eating habits among children through their line of edible stickers, My Fruity Faces was unable to sustain their business and had to shut down operations. It is always unfortunate to see promising ventures face such challenges, but the unpredictable nature of the market can present obstacles that are difficult to overcome.

Lessons Learned

“The journey of My Fruity Faces serves as a reminder of the competitive and ever-evolving business landscape. While their product had the potential to make a positive impact on children’s snacking habits, it is crucial for entrepreneurs to continually adapt and innovate to stay ahead.”

Entrepreneurs can draw valuable lessons from this experience and apply them to their own ventures. Understanding the market, adapting to changing circumstances, and constantly seeking new opportunities are key aspects of sustaining a successful business.

My Fruity Faces FAQs

Here are answers to some frequently asked questions about My Fruity Faces:

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. These stickers, made with all-natural ingredients, can be placed on fruits and vegetables to make them more appealing to kids. The stickers are kosher, vegan, gluten-free, allergen-free, and have zero calories. By adding fun and creativity to snack time, My Fruity Faces aims to promote healthy eating habits among children.

What Are The Ingredients In My Fruity Faces?

While the specific ingredients used in My Fruity Faces are not listed in the search results, they are all-natural and edible. The company prioritizes using safe and nutritious ingredients to ensure the product’s quality and appeal to health-conscious parents and caregivers.

Who is the founder of My Fruity Faces?

My Fruity Faces was founded by Adam Gerber and Bob Ntoya. They launched the company in 2010 with the aim of helping their own children adopt healthier snacking habits. Their innovative idea of using edible stickers to make fruits and vegetables more exciting quickly gained attention.

What Was The Outcome Of The My Fruity Faces Shark Tank Pitch?

The outcome of the My Fruity Faces Shark Tank pitch was that the Sharks did not invest in the company. Despite the product’s appeal and potential, the founders were unable to secure an investment deal. However, their appearance on the show helped raise awareness about My Fruity Faces and its mission to promote healthier eating habits.

FAQ

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 with all-natural ingredients and can be placed on fruits and vegetables. They are kosher, vegan, gluten-free, allergen-free, and have zero calories.

What are the ingredients in My Fruity Faces?

The specific ingredients used in My Fruity Faces are not listed in the search results, but they are all-natural and edible.

Who is the founder of My Fruity Faces?

Adam Gerber and Bob Ntoya are the founders of My Fruity Faces.

What was the outcome of the My Fruity Faces Shark Tank pitch?

The outcome of the My Fruity Faces Shark Tank pitch was that the Sharks did not invest in the company.

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