‘Shark Tank’ season 12 episode 11 witnessed marketers Nick Hamburger and Zack Schreier presenting their salty snack emblem Quevos. Made completely from egg whites and adhering to a number of nutritional restrictions, together with being Keto-Safe, Quevos controlled to drum up an excellent deal within the tank. However, incomes an funding was once just the start, and with the corporate prophesized for excellent good fortune, we made up our minds to track in for an replace! Here’s the entirety we discovered!
An alumnus of Williams College, Zack Scheier was once pursuing his Bachelor of Arts level in Philosophy and Economics when he were given the theory to ascertain Quevos. The co-founder discussed that dwelling with Type 1 diabetes since youth made it subsequent to unimaginable for him to eat fried snacks, particularly chips, with out going via a large number of medicine. However, being a gourmet of salty snacks, he stumble on the theory at the back of Quevos whilst consuming the crispy aspects of an omelet.
Excited about inventing a brand new type of snack, Zack concerned his good friend, Nick Hamburger, and sister Carly earlier than seeking to absolute best the recipe. The trio labored tirelessly for a few years earlier than managing to hit the nail at the head when it got here to creating a delectable but wholesome snack. Made completely from egg whites, the chips additionally include milk, coconuts, pea protein, avocado oil, and chia seeds.
Moreover, their center of attention on now not simply being low on carbs but additionally having a steadiness of fiber and herbal elements were given Quevos the recognition it merits. Naturally, the corporate is moderately secretive about its production procedure and has best discussed that it comprises some form of dehydration. However, with every pack containing 3 grams of fiber, 4 grams web carbs, and eight grams of protein, Quevos controlled to pack in vitamins only a few snacks can boast of.
Immediately upon publicizing the theory, Zack, Nick and Carly started getting known as Quevos gained the University of Chicago’s New Venture Challenge and the Future Founders U.Pitch Competition. Moreover, they have been additionally part of Kraft Heinz’s Springboard, an incubation procedure that helped the trio acquire precious knowledge when it got here to advertising and marketing and operating a a hit meals emblem.
Willing to convey their product to a broader buyer base, Quevos ran a marketing campaign on Kickstarter that raised above $70,000, serving to them replace their emblem in addition to packaging. Moreover, the emblem already discovering its method onto the cabinets at Whole Foods additional larger its reputation, and it maintained secure enlargement in spite of the have an effect on of the pandemic, completing 2020 with a presence in 1100 shops across the United States.
Once on Shark Tank, Quevos was once excited to welcome KIND Snacks founder Daniel Lubetzky onboard, who introduced them $200,000 for a ten% stake together with an extra $200,000 as a line of credit score. Their a hit Shark Tank pitch now not best gained them a fantastic funding but additionally propelled them into the highlight with a large number of reputed web pages and publications that includes the product in its glory. They have additionally larger their presence in grocery store chains, and with the exception of Whole Foods, Quevos will also be discovered at Wegmans, Mariano’s, and The Vitamin Shoppe.
Growing at a fantastic charge, Quevos claims to be taking a look ahead to round one million greenbacks in gross sales by way of 2025 and at the moment are to be had in 5 other flavors — Mesquite BBQ, Cheddar, Honey Mustard, Dill Pickle, and Sour Cream & Onion. Besides, every five-pack set will set you again by way of $14.99, and folks inquisitive about buying groceries on-line will also acquire it off the reputable web site or Amazon. Additionally, with the corporate now striking immense effort into social media advertising and marketing, together with stylish Instagram posts and hilarious YouTube movies, it sort of feels like additional good fortune is looking ahead to Quevos within the coming long run.