Ka Pop! Shark Tank Update – Shark Tank Season 11
Ka-Pop! is a healthy snack brand made from ancient grain sorghum that appeared on Shark Tank Season 11. Although founder Dustin Finkel didn’t land a deal, the brand merged with Bubba’s Fine Foods to form Awakened Foods.
Dustin Finkel wants to get some bang for the Sharks’ bucks when he pitches Ka Pop, his snack foods made from ancient grains, in Shark Tank Season 11 Episode 12. Finkel is a health nut and CrossFit instructor, but he loves eating. After binging on some so-called “healthy chips” one night, he thought there had to be healthier snack food out there.
He had some ancient grains in his house, so he started experimenting with making chips. When his finicky, six-year-old son liked them, he knew he was on to something. He started handing out samples to friends and family, and they liked them too, so he started making Ka Pop his business.
Check out other Shark Tank Season 11 Episodes.
About Ka Pop
| Category | Details |
|---|---|
| Business Name | Ka Pop |
| Founder | Dustin Finkel |
| Industry | Food Products |
| Product | Ancient grain popped snack chips |
| Deal Status | No Deal |
| Investment Asked | $350,000 for 5% equity |
Ka Pop chips are made with ancient grains, which have been genetically unmodified for millennia. Finkel specifically uses Sorghum in his products. Proponents of ancient grains say they are rich in protein, omega-3 fatty acids and antioxidants.
Some nutritionists state that ancient grains are not inherently healthier than modern grains and that ancient and modern grains have similar health benefits when eaten as whole grains. Regardless, the snacks are tasty, and Finkel wants to get them out to the masses.
Ka Pop chips are made from 100% USA-sourced, ancient grain sorghum. They sell for $3.99 for a three-ounce bag. They’re cheaper when you buy in volume. The chips are available at Rouses Markets, some Whole Foods, some mom and pop stores and limited 7-11 stores. They’re also available online at Amazon.
Finkel likely wants a Shark’s cash and expertise to get broader retail distribution. Will a Shark pop for these chips?
Video
Ka Pop! Shark Tank Pitch
Dustin enters the Tank seeking $350,000 for 5% of his business. He tells his story and hands out samples. The Sharks all love the snacks. While the Sharks like Dustin and the snacks, they don’t like that there are other investors. The Sharks are also concerned about how competitive the snack food industry is.
Did Ka Pop! Get a Deal on Shark Tank?
Ultimately, everyone except Kevin goes out. He offers $350,000 for 17.5% and says he can’t ngo lower. Dustin says he can’t go that high and still be fair to the other investors, so he declines the offer and leaves with no deal.
Ka Pop! Shark Tank Update
The Shark Tank Blog constantly provides updates and follow-ups about entrepreneurs who have appeared on the Shark Tank TV show.
In the nine days following the original air date, they sold more product than the entire previous year! This company is still in business and they are now in Kroger, Thrive Markets and Sprouts Farmers’ Markets in addition to the stores listed above. In addition to the original chips, they’ve also introduced puffs (think cheese puffs). They’re also available on Amazon.
In March 2021, the company merged with Bubba’s Fine Foods. The merged company is called Awakened Foods and acts as a holding company for emerging food brands. More acquisitions and mergers in the future are likely. Dustin Finkel serves as CEO of the newly formed company.
In July 2021, the company announced a “significant strategic investment from Clover Vitality, a growth equity firm focused on emerging food and beverage companies.” As of March 2022, Bubba’s Keto Nut Mix is the number one selling Nut Mix on Amazon. The company also started offering co-packing services for snack products.
In June 2023, Finkel stepped down as CEO, writing this on his LinkedIn page:
I recently decided to step down from my role as CEO of Awakened Foods, comprised of the amazing brands – Awakened Food Crafters, B. Fine Foods & Ka-Pop! Snacks. This has been the hardest professional and personal journey I have encountered, and I have many mixed emotions about this decision. I am so proud of what the team has accomplished and know that the current team will do amazing things with the business. In fact, in many ways, the team today is the best team we’ve ever had at the Company. I am proud to remain a Board Member and I’ll always carry the title of Founder with great love.
As of May 2024, products are in over 1700 stores nationwide, including Kroger’s, King Soopers, City Market, select Whole Foods, and more. Annual revenue is $5 million, and it’s expected to grow as the years go on. Finkel remains on the board at this time. He’s the Chief Commercial Officer of KeJoy and Prime Plus Wagyu. He’s also an adjunct professor at the University of Colorado, teaching marketing and business management.
The estimated net worth of Ka Pop! is $5 million.
Posts about Ka Pop! on Shark Tank Blog
Where Can You Buy It?
Ka Pop Chips are available for purchase on their official website and on Amazon. They are also present in other retail stores like Kroger’s, Whole Foods, etc. Check out their social media pages for more updates: Facebook and Twitter.
Quick Summary
- Ka-Pop! is a healthy snack brand founded by Dustin Finkel. It offers popped chips made from ancient grain sorghum.
- Dustin appeared on Shark Tank Season 11, Episode 12, but walked away with no deal.
- Post-show, Ka-Pop merged with Bubba’s Fine Foods to form Awakened Foods, earning $5M annually and selling in 1,700+ stores nationwide.
Curious to know about the other businesses that appeared on the same episode? Check out their business updates!
