Genius Juice

Genius Juice -

Genius JuiceDidn't CloseFood & BeverageS11E12

Pitch Details

Season / Episode

S11E12

Jan 19, 2020

Ask

$250,000

for 7%

Ask Valuation

$3.6M

Deal

$500,000

for 25%

Watch the Pitch

Deal Terms

Amount$500,000
Equity25%
Valuation$2M

What Happened Next

Deal Fell Through

Deal with Cuban and Corcoran never closed; company raised via WeFunder instead

Operating

$12M

reported

  • Deal closed with Mark Cuban and Barbara Corcoran for $500K for 25%
  • $376K in revenue in 2018; projected to exceed $1M in 2019
  • Products in 1,300 retail locations including Natural Grocers and Whole Foods
  • Paused smoothie production in 2023 due to high costs; now focuses on wellness shots

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