Palmini Shark Tank Update

pasta made from hearts of palm

Fell ThroughNow:ThrivingFood & BeverageSeason 9, Episode 24Pompano, FLby Alfonso TejadaWebsite

What Happened to Palmini After Shark Tank

Is Palmini still in business? Yes — still in business and thriving.

$5M

reported annual revenue

Deal Fell Through

Deal with Mark Cuban and Lori Greiner did not close

  • Became the number one pasta alternative on Amazon.
  • Achieved $5 million in annual revenue by 2024.
  • By June 2024, in Kroger, Ralphs, Sprouts, Safeway, Winn-Dixie, Wegmans, Walmart, Meijer, Fresh Thyme Market, Price Chopper, QFC, Smith's, King Soopers, Publix, Fry's, Fred Meyer, Kings, Whole Foods, and Thrive Market.
  • Donates 20% of profits to help charities that assist Bolivian children and Syrian refugees in the Middle East.

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

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The Palmini Shark Tank Pitch

Alfonso Tejada of Pompano, FL pitched Palmini on Shark Tank Season 9, Episode 24, which aired Sunday, February 25, 2018, asking for $300,000 for 10% of the company — a $3M valuation.

Mark Cuban and Lori Greiner teamed up and agreed to invest $300,000 for 25% equity, valuing the company at $1.2M. The deal fell through after the show. Deal with Mark Cuban and Lori Greiner did not close.

Watch the Pitch

Pitch Details

Aired
S9E24Feb 25, 2018
Ask
$300,000for 10%
Ask Valuation
$3M

Deal Terms

Terms agreed on air. The deal did not close.

Amount
$300,000
Equity
25%
Valuation
$1.2M

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