Brazi Bites Shark Tank Update

Brazilian cheese bread

Fell ThroughNow:ThrivingFood & BeverageSeason 7, Episode 9Portland, ORWebsite

What Happened to Brazi Bites After Shark Tank

Is Brazi Bites still in business? Yes — still in business and thriving.

Acquired by Rich Products Corporation in 2018

$12M

reported annual revenue

Deal Fell Through

Greiner wanted to delay the investment 18 months without adjusting the valuation; founders expected their value to rise (especially with an upcoming Costco deal) and wanted a higher valuation.

  • On-air deal with Lori Greiner did not close
  • Sales grew from $600,000 in 2014 to $8.5 million in 2016; reached $30 million by 2021
  • Signed deal with Target two years after original air date; sold majority stake to San Francisco Equity Partners in July 2018
  • Available in over 17,000 stores; lifetime revenue over $200 million as of July 2024

Last verified Apr 1, 2026. Web-confirmed sources.

Get updates on Brazi Bites

The Brazi Bites Shark Tank Pitch

Brazi Bites, from Portland, OR, pitched on Shark Tank Season 7, Episode 9, which aired Friday, November 20, 2015, asking for $200,000 for 10% of the company — a $2M valuation.

Lori Greiner agreed to invest $200,000 for 16.5% equity, valuing the company at $1.2M. The deal fell through after the show. Greiner wanted to delay the investment 18 months without adjusting the valuation; founders expected their value to rise (especially with an upcoming Costco deal) and wanted a higher valuation.

Watch the Pitch

Pitch Details

Aired
S7E9Nov 20, 2015
Ask
$200,000for 10%
Ask Valuation
$2M

Deal Terms

Terms agreed on air. The deal did not close.

Amount
$200,000
Equity
16.5%
Valuation
$1.2M
Lori GreinerLori Greiner

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