Everything Legendary appeared on Shark Tank Season 12 Episode 15 and landed a deal with Mark Cuban. After the sharks declared it one of the best meat-free burgers on the market, you may be looking for an Everything Legendary update after Shark Tank. Here’s everything we know about what happened to the vegan-friendly burger.
Shark Tank Everything Legendary Update
- Entrepreneur: Jumoke Jackson, Danita Claytor, and Duane Myko
- Business: Vegan-friendly meat-free burger
- Ask: $300,000 for 10% equity
- Result: $300,000 for 22% equity
- Shark: Mark Cuban
Jumoke Jackson, Danita Claytor, and Duane Myko introduced the sharks to their vegan-friendly meatless burger during Shark Tank Season 12. Similar to other meat-free burgers on the market, Everything Legendary uses a proprietary blend of spices to make its burger taste as close to a traditional burger as possible.
After a successful taste test with the sharks, Jumoke, Danita, and Duane shared that they’ve sold $165,000 worth of burgers in just over a year. Further, they shared that they haven’t spent any money on digital advertisements to promote their product. Due to COVID-19, Everything Legendary has had to shift its business model away from events and retailers to online.
Mark Cuban took an interest in the company and shared that his vision for it would be to bring it to local cloud kitchens so that it could be delivered fresh through services like DoorDash and Uber Eats. As Mark explained, this would help save money, as shipping frozen foods and trying to get freezer space in stores is quite expensive and difficult.
Jumoke, Danita, and Duane agreed and Mark offered them $300,000 for 25% equity. After a quick negotiation, Everything Legendary left Shark Tank with a deal from Mark Cuban of $300,000 for 22% equity.
In terms of a Shark Tank Everything Legendary update, the business is doing great. In the first 24 hours after airing, they did $250,000 in sales. Even better, four months after airing, Jumoke, Danita, and Duane had sold $1.7 million in vegan-friendly burgers.
In addition to increased sales, they’ve moved out of a household kitchen and now have three copackers and two national distributions centers that are capable of making 160,000 burgers an hour.
If you’d like to order a burger, you can do so on the official Everything Legendary website. The burgers can also be found in stores like Target, Walmart, Safeway, and Giant.
As you can see from this Everything Legendary update, it’s safe to say that Mark’s money did not go to waste.
Before you go, be sure to check out updates on the other companies featured in Episode 15:
For more Season 12 products, be sure to check out our Season 12 Products page.