Misfit Foods Shark Tank Update

Half meat half vegetable sausages

Fell ThroughNow:OperatingFood & BeverageSeason 12, Episode 17by Phil Wong

What Happened to Misfit Foods After Shark Tank

Is Misfit Foods still in business? Yes — still in business.

  • No deal — all Sharks passed
  • Rebranded to Phil's Finest in January 2022
  • Expanded into Whole Foods, Good Eggs, Misfit Market, and Sprouts in Spring 2022
  • In Sprouts nationwide (over 370 stores) with $1.5 million in annual revenue as of February 2023

Last verified Apr 5, 2026. Web-confirmed sources.

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The Misfit Foods Shark Tank Pitch

Phil Wong pitched Misfit Foods on Shark Tank Season 12, Episode 17, which aired Friday, March 12, 2021, asking for $250,000 for 5% of the company — a $5M valuation.

Mark Cuban and Daniel Lubetzky teamed up and agreed to invest $300,000 for 15% equity, valuing the company at $3M. The deal fell through after the show.

Watch the Pitch

Pitch Details

Aired
S12E17Mar 12, 2021
Ask
$250,000for 5%
Ask Valuation
$5M

Deal Terms

Terms agreed on air. The deal did not close.

Amount
$300,000
Equity
15%
Valuation
$3M