PIE Wine Update | Shark Tank Season 15

Best friends Kevin Klein and Josh Green pitched their canned wine during the season premiere of Shark Tank Season 15. PIE Wine is a sweet and sparkling wine that pairs perfectly with pizza. Will the sharks agree? Find out in our PIE Wine update!

If you’re short on time, here’s a quick overview of what happened to PIE Wine after Shark Tank!

Kevin Klein and Josh Green appeared on Shark Tank Season 15 and left without a deal. In terms of a PIE Wine update, the company is still in business and seems to be doing well as it continues to launch into the market. At the time of this writing, it doesn’t seem that products are yet in stores.

Shark: Result:
Mark Cuban No offer
Daymond John No offer
Lori Greiner No offer
Candace Nelson No offer
Kevin O’Leary No offer

Shark Tank PIE Wine Update

PIE Wine update

  • Entrepreneurs: Kevin Klein and Josh Green
  • Business: Canned sweet wine, that pairs with pizza
  • Ask: $200,000 for 7.5% equity
  • Result: No deal
  • Shark: None

Josh and Kevin launched into an amusing, and rather entertaining pitch, to introduce their canned wine brand, PIE Wine. They say Italians have known for generations, that pizza goes best with a sweet and slightly bubbly wine, known as Lambrusco.

This is why their company tagline is “Born in Italy, Perfected in California”. To prove this, they present the sharks with some pizza, and PIE Wine samples.

The company launched just two weeks prior to filming. That said, they have distribution in 8 states, and additionally they already have distributor commitments for between $300,000-$400,000.

They’re also in talks with distributors in 18 other states. In terms of sales, they’re expecting to bring in over $500,000 in the next 30 days, and they’re also projecting to hit $1.5 million by the end of the year.

When asked if they are invested in PIE Wine full-time, Kevin shares that he’s a morning radio host on K-Rock in Los Angeles. Josh has a background in investment banking and runs one of the largest computer gaming companies in the country.

While they do have other jobs, they are 100% invested in making PIE Wine successful. Between the two partners, they’ve invested over $300,000 into the company.

Each can cost $1.50 to produce, but they’re hoping to get that down to $1.25 as they’re able to manage higher production. Further, they plan to sell each can to distributors for $3.25.

Kevin O’Leary loves the product and says the good news is that the market is expanding for sparkling wines. However, he’s currently launching his own line, so for that reason, he’s out.

Mark Cuban agrees that the product is great, but unfortunately, he has BeatBox Beverages, so this would be a conflict of interest. He is also out.

Daymond John says he’s unsure of how he could add any value.

Just then, Josh speaks up and makes an offer to all of the sharks, that if they don’t like the deal, the partners will buy them out after 1 year.

While this is honorable, as Daymond says, there are just too many competitors, sharks included. So for that reason, he is also out.

Lori Greiner says it’s too early for her to invest. She is the next shark out.

Guest shark, and Sprinkles Cupcakes founder, Candace Nelson, thinks the product and branding are fun. However, it’s a little too niche for her.

Before she has a chance to go out, Kevin tells her that he proposed to his wife with a ring inside of a Sprinkles cupcake. Although Candace loves this story, she says it’s just not the right investment for her, and she is out.

With that, Kevin and Josh are forced to exit the Shark Tank Season 15 without a deal for their company, PIE Wine. Will they manage to break out into the market without the help of a shark?

Keep reading our PIE Wine update to find out!

In terms of a PIE Wine update, there still isn’t much available about sales for this company or if the products have made it into retailers.

The good news is that the PIE Wine website has the beverages available to purchase. The bad news is that there may be a delay in shipping because, at the time of this writing, they appear to be for pre-sale orders.

They offer three options; Red, Sweet Za, and Crisp White, available in 4 packs for $20, and 12 packs for $60. They also sell merchandise for the die-hard PIE Wine fans.

As more information about a PIE Wine update becomes available, we’ll be sure to let you know!

In the meantime, check our other company updates from Shark Tank Season 15 Episode 1:

For even more on companies and products, be sure to stop by our Season 15 Products Page!

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Andrew Smith is the founder and owner of Shark Tank Recap. He is a longtime Shark Tank fan that has been watching it for years and has seen every episode multiple times. His friends know him as the Shark Tank expert, because he can answer any question about the show! His favorite Shark Tank products are Bertello's pizza oven and Bug Bite Thing!