Gatsby Chocolate Shark Tank Update

Chocolates with less sugar and calories

Fell ThroughNow:ThrivingFood & BeverageSeason 15, Episode 1by Ryan Bouton, Doug BoutonWebsite

What Happened to Gatsby Chocolate After Shark Tank

Is Gatsby Chocolate still in business? Yes — still in business and thriving.

$500,000

estimated annual revenue

Deal Fell Through

Deal with Cuban and Greiner never finalized; company ceased operations

  • Deal closed with Mark Cuban and Lori Greiner for $250,000 for 20% equity plus a $250,000 loan at 6% interest
  • Products available at Walmart stores nationwide and on Amazon
  • Pre-show: in over 6,000 stores including Albertsons, Walmart, Safeway, and Sprouts
  • Founder previously co-founded Halo Top, which outsold Ben & Jerry's in 2017 and 2018

Last verified Apr 3, 2026. Web-confirmed sources.

Get updates on Gatsby Chocolate

The Gatsby Chocolate Shark Tank Pitch

Ryan Bouton and Doug Bouton pitched Gatsby Chocolate on Shark Tank Season 15, Episode 1, which aired Friday, September 29, 2023, asking for $500,000 for 5% of the company — a $10M valuation.

Mark Cuban and Lori Greiner teamed up and agreed to invest $500,000 for 20% equity, valuing the company at $2.5M, structured with a $250,000 loan. The deal fell through after the show. Deal with Cuban and Greiner never finalized; company ceased operations.

Watch the Pitch

Pitch Details

Aired
S15E1Sep 29, 2023
Ask
$500,000for 5%
Ask Valuation
$10M

Deal Terms

Terms agreed on air. The deal did not close.

Amount
$500,000
Equity
20%
Valuation
$2.5M
Loan
$250,000