Hank Watt and Juliano Bonanni sell miracle berries that trick your mouth into thinking that tart, sour and fermented foods taste sweet. Will they earn a deal on
Shark Tank Nature’s Wild Berry Update
- Entrepreneurs: Hank Watt and Juliano Bonanni
- Business: Berries that make things taste sweet
- Ask: $80,000 for 15% equity
- Result: $80,000 for 20% equity + $3 royalty
- Sharks: Mark Cuban and Lori Greiner
Hank and Juliano, owners of Nature’s Wild Berry, demonstrated how their berries transform tastebuds. They offered the sharks lemons, pickles, and cranberry juice, but after they ate a couple of the berries, everything tasted sweet to them.
UNLOCK HIDDEN FLAVORS That You've Never Tasted Before! Enjoy Flavor Changing Berries That Make Unsweetened Tart Flavors Taste Sweet Without Adding Sugar Or Anything!
A small travel kit costs $26.99 per package, and it happens to be one of the most popular selling products for the company. That same kit only costs about $3 to produce.
The brand is featured in a large online retailer and expects to hit a financial target of $340,000 in the year of filming. Of that, the net profit margin could be around $50,000, according to Hank and Juliano.
Acquiring customers has been relatively easy for Nature’s Wild Berry, but they are still seeking an investment to help grow the company and push it forward into the future will a little bit more stability.
Kevin O’Leary offered $80,000 for 20% equity and wanted a $5 royalty per unit until he got his money back twice. Daymond John also offered the $80,000, but he only wanted 30% equity, and no royalty agreement.
Lori Greiner also jumped in to make an offer of $80,000 for 20% equity, but she wanted a $3 royalty. Mark Cuban quickly teamed up with her, and the entrepreneurs made a deal with them.
What happened next for Hank and Juliano? Did Mark and Lori help their business succeed? Keep reading our Nature’s Wild Berry update to find out!
Research for our Nature’s Wild Berry update revealed that the company is still in business after Shark Tan. They’ve been experiencing a ton of demand and sold out of their entire stock soon after airing.
Products can be ordered through the Nature’s Wild Berry website, and on Amazon. We can’t wait to check back in for our next Nature’s Wild Berry update to how Hank and Juliano have grown their business.
Do you want to learn about the other companies featured in Season 14 Episode 21? Follow the links below for our other company updates from the episode.
For even more on companies and products, be sure to stop by our Season 14 Products Page!
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Jeremy is a regular contributor at Shark Tank recap. He has a ton of passion for the show and enjoys researching information about what all the companies are up to now. His favorite Shark Tank companies are The Cookie Dough Cafe and Kronos Golf!