Atlas Monroe

atlas monroeJonathan and Deborah Torres want a feeding frenzy for Atlas Monroe, their vegan catering business that sells food online, in Shark Tank episode 1102. Formerly known as Veganation, Atlas Monroe is literally taking the food world – both vegan and carnivore – by storm. Their vegan foods mimic foods carnivores like and they’ve won accolades for their creations.

Deborah grew up eating lots of meat and discovered the vegan lifestyle after gorging on her parent’s meat-laden diet over the course of a weekend. She left home to travel for a year and came home to find her dad had diabetes. After some online research, she determined a vegan diet might be able to help her dad. When the family tried veganism out for 30 days, her dad was cured. Thus began her vegan lifestyle.

The company began as one of many vegan options in the San Francisco Bay area in early 2017. They began catering and delivering in the south bay area and became a huge hit locally. The company initially cooked everything to order with a several hour lead time. Once they became known, things took off. They now sell online and distribute their “chicken” to several restaurants.

As a testimony to the quality of their food, Atlas Monroe’s vegan fried chicken WON “Best Dish” at the 2018 National Fried Chicken Festival; they were the only vegan vendor at the festival. Their other dishes mimic real meats like bacon, ribs and turkey. Atlas Monroe believes promoting veganism “doesn’t have to be bland.” Deborah and Jonathan like want a Shark to help them ramp up their online sales capabilities. Will the Sharks like their food and invest?

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Atlas Monroe Shark Tank Recap

Jonathan and Deborah enter seeking $500,000 for 10% of their business. The Sharks LOVE the “fried chicken,” but they don’t like the valuation. They’re also concerned when the entrepreneurs are reluctant to talk about sales. Jonathan and Debra further confuse the Sharks when they finally do give out the number. Kevin says they’re “backwards.”

Kevin says he’d need 120% of the business to make an offer. Barbara says they’re too early for investors. The pair also claims they are on the verge of doing a “big deal” with a national company. Despite the confusing pitch, Mark makes an offer of a $500,000 line of credit for 30% of the business. Then he asks Rohan to come in with him. The two Sharks offer $1 million for the entire business and they’ll give Jonathan and Debra a 10% royalty on sales. Deborah says the fact that they offered $1 million proves they’re worth it and they decline the offer.

 Atlas Monroe Shark Tank Update

The Shark Tank Blog constantly provides updates and follow-ups about entrepreneurs who have appeared on the Shark Tank TV show. The business is still operational as of July, 2020, but no “big deal” has been announced.

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