What Happened to His and Her Bar after the Shark Tank Pitch?
What is His & Her Bar?
His and Her Bar is an all-natural snack bar produced with aphrodisiac-infused vegan, gluten-free, and non-GMO ingredients.
Each bar contains maca, cashews, almonds, dates, chocolate, vanilla, and a hint of cayenne pepper. The maca, often known as Peruvian Ginseng, is responsible for the bars’ “sexiness.”
For generations, maca root has been used to improve fertility and sex drive while maintaining strength and endurance.
Their bars are characterized as creamy, with just the proper amount of sweetness and a subtle “kick” from cayenne pepper on the back end.
Aphrodisiac bar is a product concept that aims to provide sexual enhancement to couples through a drink. It was featured on an episode of the popular reality TV show Shark Tank, where entrepreneurs pitch their business ideas to investors.
Although aphrodisiac meats is a familiar concept, the bar format draws on the discovery of antioxidants that improve sexual health, a bit challenging.
But with their unique formula and packaging, the entrepreneurs hope to attract sexually curious customers and generate strong sales.
Who Founded the His and Her Bar?
His and Her Bar was created by Jennifer and Michael Gallagher. Prior before the release of this one-of-a-kind product line.
Michael is a former firefighter and Navy veteran who formerly hosted The Mr. Wine Guy Podcast. Jennifer is a former sales and marketing executive who is chasing her ambition of being a serial entrepreneur.
They’re both fitness aficionados, and Jennifer came up with the idea for His & Her bar while out for a run with her friend.
She wished to create a healthful snack that would also “spice up” their sexual impulses. They developed a bar that is 100% devoid of fillers, vegan, gluten-free, and non-GMO.
The team began testing substances in late 2019 and launched in early 2020, in the midst of the Covid-19 crisis.
A 12-bar box costs $44.28 ($3.69 per bar) or $39.995 if purchased as a three-month subscription.
Summary of the His and Her Bars update
What Happened to His and Her Bar During Shark Tank Pitch?
Jennifer and Michael appeared on Shark Tank season 12 episode 9 looking for $50,000 in return for a 10% ownership in their company. This equates to a $500,000 valuation.
They claim that when they started the company, they had lost their jobs and their home was in foreclosure.
Jennifer and Michael, on the other hand, had a shaky start in the tank, reporting that they had only sold $2,000 worth of bars thus far.
However, as Jennifer said, the company was created during the COVID-19 epidemic and had been in operation for less than a year at the time of the presentation.
Due to a lack of sales and the Sharks’ displeasure with the flavour, they decide to branch out.
According to the Sharks, they should be looking for job. Lori, Daymond, and Barbara leave the house, and Michael is upset.
Despite their passionate pitch, Jennifer and Michael’s journey on Shark Tank did not end in a deal. The sharks raised concerns about the limited sales of the bars and questioned the flavor profile, which they feared might not appeal to a broad audience.
However, the couple took the opportunity to share their personal hardships, emphasizing the motivation behind their business and the positive impact their products have had on their own relationship.
The Shark Tank Pitch Details
Shark | Investment Offered | Outcome |
---|---|---|
Mark Cuban | No deal | No deal |
Barbara Corcoran | No deal | No deal |
Kevin O’Leary | No deal | No deal |
Lori Greiner | No deal | No deal |
Robert Herjavec | No deal | No deal |
Despite not securing a deal, Jennifer and Michael used the Shark Tank platform to gain exposure for their brand and the unique benefits of His and Her Bars.
While their journey on the show may not have resulted in an investment, it provided them with valuable insights and an increased drive to further develop and promote their product.
What Happened to His and Her Bar Following the Shark Tank Pitch?
This episode is being re-aired for the first time in less than two months. The company is still in business.
In the aftermath of the occurrence, they were saddened, but they got an outpouring of love and support from their social media network.
Furthermore, they had a large rise in sales, to the point that it took weeks to send everything out.
They are still in business as of December 2021. By February 2022, they posted on their Instagram that they had shut the company down and were moving in another business direction.
What is His & Her Bar’s Net Worth?
Jennifer and Michael went on Shark Tank looking for $50,000 in return for a 10% ownership in their company. This equates to a $500,000 valuation.
Who are His and Her Bar’s Competitors?
His & Her Bar does not have any competitors.
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Shark Tank His and Her Bars Update 2024
Following their appearance on Shark Tank Season 12 Episode 9, Jennifer and Michael Gallagher presented their company, His and Her Bars, seeking $50,000 for a 10% equity stake.
The founders, who had faced personal challenges such as career struggles and financial hardship, shared their story earnestly on the show. Despite their efforts, His and Her Bars did not secure an investment from the sharks, leading to the eventual closure of the business.
While His and Her Bars did experience an initial surge in sales post their Shark Tank feature, the company ultimately could not sustain its momentum.
Currently, there is no visible trace of His and Her Bars in the market, indicating that the business has ceased operations. Since then, Jennifer and Michael Gallagher have reportedly moved on to pursue other ventures.
His and Her Bars did not manage to secure the funding they sought on Shark Tank, leading to the closure of the business.
The founders have since transitioned to new opportunities, leaving behind their His and Her Bars venture.
His and Her Bar FAQS
1. What is His and Her Bar made of?
Each bar contains maca, cashews, almonds, dates, chocolate, vanilla, and a hint of cayenne pepper.
2. How many bars are in a box?
Each box contains 12 bars.
3. Where can they purchase His and her bar?
They can find His and Her Bar on their website at www.hisandherbar.com
4. How much does a box cost?
A 12-bar box costs $44.28 ($3.69 per bar) or $39.99 if purchased as a three-month subscription.
5. Who founded His and her bar?
His and Her Bar was created by Jennifer and Michael Gallagher.
6. Where is His and Her Bar located?
His and Her Bar is based in Los Angeles, California, United States of America. Check out their website at www.
7. Do they ship to Canada?
They currently do not ship to Canada, but this may change in the future, so stay tuned.
8. Is there a return policy?
Each and every sale is final.
9. What methods of payment do they accepts?
They accept payment via MasterCard, Venmo, Discover, Visa, PayPal, and American Express.
10. How much was Jennifer and Michael Gallagher seeking in the Tank?
Jennifer and Michael were seeking $50,000 in return for a 10% ownership in their company. This equates to a $500,000 valuation.
11. Did they received an offer from the Sharks?
They did not receive an offer from the Sharks.
12. What happened to His and her bar after the Shark Tank?
This episode is being re-aired for the first time in less than two months. The company is still in business as of December 2021.
13. Do they sell in retail stores?
Currently, they only sell straight to consumers online, but as their manufacturing capacity increases, they will begin selling in shops as well.
14. Are His & Her Bar GMO free?
His & Her Bar products are GMO free.
15. Is His and Her Bar vegan?
His & her bar is vegan. It is also non-GMO, gluten-free, and dairy-free.
16. How His and Her Bar bars do taste?
His & Her Bar features a creamy texture and an earthy, nutty flavour from the almonds, cashews, and maca infusion.