During Shark Tank Season 8, Evan Delahanty came to the tank to pitch his company, Peaceful Fruits. He wanted a $75,000 investment for 20% equity. Unfortunately, Evan was not able to secure a deal. If you’re curious about what happened to his company, stay tuned to our Peaceful Fruits update.
Shark Tank Peaceful Fruits Update
- Entrepreneur: Evan Delahanty
- Business: Sustainable and nutritious fruit snacks
- Ask: $75,000 for 20% equity
- Result: No deal
- Shark: None
Evan Delahanty was a member of the Peace Corps. It was there that he learned about economic empowerment and how food helps bring people together. He explained that his company, Peaceful Fruits, partnered with local non-profit organizations to employ people with disabilities. The company sells sustainable and nutritious fruit strips as snacks. Current flavors were acai and apple, acai and pineapple, and a mix of both.
- Contains 20 Organic Fruit Strips
- Full Serving of Whole Fruit Per Strip
As Evan gave out samples of Peaceful Fruits to the sharks, they couldn’t help but comment on the taste. The sharks couldn’t seem to get enough of it.
Despite liking the taste, Robert Herjavec had to drop out because of a similar investment that he was a part of. After losing a shark, Evan revealed that the company has only done $20,000 in sales so far.
Daymond John commented that he found it too challenging to grow the company, so he went out. Kevin O’Leary and Mark Cuban both went out as well. Both agreed that while they liked social enterprise businesses, but there just weren’t enough incentives for them to invest. Because there were several other similar companies and businesses already in the market, Lori Greiner decided to back out as well.
This leaves us with a Peaceful Fruits update after Evan failed to secure a deal. Don’t worry, it isn’t bad news. Despite not getting a shark, Evan was still able to grow his company.
Just a year later, in 2018, Peaceful Fruits was able to boost its production capacity from 1,000 units to 10,000 units. Then, in 2020, Peaceful Fruits revealed that the company already had 40 adults with disabilities as employees.
Despite the COVID-19 pandemic, Peaceful Fruits is still in operation as of 2022. The company has expanded its product line and now offers subscription services for those who’d like a constant source of its sustainable snack fix.
For other company updates from Shark Tank Season 8 Episode 16, look below:
Interested in more company updates from Shark Tank Season 8? Check out our Season 8 products page.