Dad Strength Brewing Shark Tank Update — Shark Tank Season 17
The two buddies and young dads in their 40s from Washington D.C. started craft beer brand, Dad Strength Brewing. They stormed the stage on “Shark Tank Season 17 Episode 1.”
Ryan Kutscher and Craig Carey, the two founding fathers, entered “Shark Tank Season 17 Episode 1,” bringing in their brand, Dad Strength Brewing, which develops craft beers. The story spans over 20+ years of friendship between the new dads, and craft beer became their signature quirk. The brand commenced in 2024 in Washington, D.C.
Are Sharks ready to tap into a beer that’s brewed with real Dad Strength?
About Dad Strength Brewing
| Category | Details |
| Business Name | Dad Strength Brewing |
| Founders | Ryan Kutscher and Craig Carey |
| Industry | Alcohol |
| Product | Craft beer |
| Deal Status | Deal secured with Lori |
| Investment Asked | $250,000 for 5% equity |
| Deal Outcome | $300,000 for 12% divided equally between Lori, Robert, and Rashaun, which is 4% each. |
Carey previously built and sold a chain of restaurants, while Ryan Kutscher ran his own advertising agency. Together, the longtime friends saw an opportunity to create a beer that dads could enjoy and have fun without worrying about heavy hangovers.
The founders of Dad Strength Brewing did something unique and unusual by mixing non-alcoholic beers and regular beers in the same bottle to make their own ABV brews. Their aim is to reduce the hangover after they sip a regular brew because, for the busy dads, high ABV beers can make the next day tough.
Hence, the two buddies reached out to the World Beer Cup gold medal-winning brewer, Justine V. Corey, and his gang helped them craft a beer with 2.9% ABV over the course of one year. It is America’s first low-ABV craft brewer. So, the five-beer Fridays are back for the new dads so they don’t catch a little hangover.
The brand Dad Strength Brewing craft beers have just 94 calories per can and come in three flavors. Sharks tested all the flavors, including the West Coast IPA, Juicy IPA, and Hazy IPA, which is soon to be released. All the Sharks loved the crafted beers and were curious to know about the sales.
Dad Strength Brewing Shark Tank Pitch
Craig and Ryan took the stage and asked for $250,000 for 5% of equity in their brand. Robert Herjavec asked the founders about the sales of West Coast IPA and Juicy IPA. Ryan clarified by mentioning the sales, which were $230,000 in ten and a half months. For almost a year, their brand has been restricted to just one market.
Craig took the plunge to explain their revenue-generating stream. After a year of product development, they were allowed to self-distribute, so they loaded Ryan’s truck and started selling in Washington, D.C., though they did it strategically and took the data and numbers.
In November, they were selling at Whole Foods. The next big thing is in December, when the brand entered Trader Joe’s, followed by Giant in January and Safeway in February. Sharks were left stunned by listening to the organic growth of Dad Strength Brewing. Kevin O’Leary asked about the sell-through rate, and the chain’s rebuy rate is 100% at present.
Did Dad Strength Brewing Get A Deal On Shark Tank?
Rashaun Williams was very impressed and perked up by the idea of craft beers. According to the founders, there is no competition in the craft beer space, so there isn’t any 2% ABV. Sharks were curious and wanted to know the reason behind a valuation of $5 million. The founders came asking for $250,000 for 5% equity.
Craig clarified that this was a 500-case week. Ryan, the co-founder, further responded that in the year 2025, they are projected to make a revenue of $500K. Kevin O’Leary offered a deal to the founders wherein he was ready to give $250,000 for 33%. The founders refused the offer as the stakes were way higher. However, Kendra Scott remained out of it and did not make an offer.
Rashaun Williams offered $250,000 for 10% equity and asked if any other Shark could join him. Hence,Robert Herjavec joined hands with Rashaun, and they will split 10% between them. After the discussion between Lori Greiner, Robert, and Rashaun, they decided to offer $300,000 for 15%,which means 300 grand from each Shark.
Ryan and Craig came up with a counter of $300,000 for 12%, which means 4% equity each shark. Thus, the deal was locked at the same.
What Makes Dad Strength Brewing Unique?
There are various reasons why this brand is unique.
- It has three unique and distinctive flavors, including West Coast IPA, Hazy IPA, and Juicy IPA.
- It has an ABV of less than 3% which did not exist before. It is a brand that crafted a beer mixing regular beer and non-alcoholic beer.
- With their craft beer, happy hour can last an hour again. And consumers can savor the moment without worrying about the next one.
Where Can You Buy It?
You can buy this craft beer with low ABV at many retail stores in Washington, D.C., including Whole Foods, Safeway, Giant, Trader Joe’s, and so on. You can also buy it from their official website. Also, you can check their Instagram page.
Quick Summary
- Ryan Kutscher and Craig Carey charged the stage with their brand, Dad Strength Brewing, which produces craft beer with low ABV.
- Sharks were left stunned by listening to the organic growth of Dad Strength Brewing. Kevin O’Leary asked about the sell-through rate, and the chain’s rebuy rate is 100% at present.
- They received a deal of $300,000 at 12% from Rashaun, Robert, and Lori. The stakes were divided equally with 4% each.
