Nowhere Bakery Shark Tank Update
Nowhere Bakery, founded by Maurizio and Saphira Rasti, made an appearance on Shark Tank Season 15 Episode 18. Seeking $100k for 10% equity (at $1M valuation) they showcased their healthy desserts that are free from dairy, gluten, grains, refined sugar, soy, corn, eggs, and seed oils.
Although the outcome of their pitch remains undisclosed, Nowhere Bakery has continued to thrive in the food and beverage industry, experiencing remarkable success since their appearance on Shark Tank.
Key Takeaways:
- Nowhere Bakery, founded by Maurizio and Saphira Rasti, appeared on Shark Tank Season 15 Episode 18.
- They offer healthy desserts that are free from various allergens and harmful ingredients.
- The outcome of their pitch on Shark Tank remains unknown.
- Nowhere Bakery has seen significant success and continues to operate and expand its business.
- The company is estimated to have a net worth of $0.3 million.
What Is Nowhere Bakery and Who Are the Founders?
Nowhere Bakery is a food and beverage company that specializes in producing desserts made with healthy ingredients. Their products include chocolate chip cookies, candy bar cookies, brownies, and sugar cookie baking mix.
Maurizio and Saphira Rasti, the founders of Nowhere Bakery, started the company in 2020.
Saphira, a holistic nutrition counselor, teamed up with her husband to create desserts that were compatible with her diet. Their focus is on offering desserts that are both healthy and delicious.
Nowhere Bakery’s Success and Business Status
Nowhere Bakery, a thriving food and beverage company, has seen remarkable success since its establishment in 2020. With an estimated net worth of $0.3 million, the company has grown rapidly and continues to expand its operations in the industry.
Although specific funding details are undisclosed, Nowhere Bakery remains in business and is dedicated to building a prosperous future. The company’s products are currently available in over 70 independent retail stores across the nation, gaining popularity and customer loyalty.
Nowhere Bakery’s annual revenue shows a consistent growth trend, with estimations indicating year-over-year increases. By focusing on producing healthy and delicious desserts, the founders, Maurizio and Saphira Rasti, have captured the attention of health-conscious consumers.
Situated in Orange County, California, Nowhere Bakery operates from its headquarters and employs a staff of two.
As they continue to take the bakery industry by storm, Nowhere Bakery remains at the forefront of delivering exceptional treats to satisfy the cravings of dessert lovers.
Aspect | Details |
Company Name | Nowhere Bakery |
Founder(s) | Maurizio Rasti and Saphira Rasti |
Founded | 2020 |
Product | Healthy desserts |
Asked For | $100k for 10% equity (Shark Tank) |
Final Deal | TBD |
Shark | TBD |
Episode (Shark Tank) | Season 15 Episode 18 |
Air Date | March 15th, 2024 |
Business Status | In Business |
Website | Visit Website |
Headquarters | Orange County, California, USA |
Lifetime Worth (Sales) | $1M *estimated |
Products | Chocolate Chip Cookies, Candy Bar Cookies, Brownles, Sugar Cookie Baking Mix |
Product Cost | $16-$36 |
Retail Stores | 70+ nationwide |
Founders’ Background | Saphira: Holistic Nutrition Counselor<br>Maurizio: Business, Management, and Marketing |
Net Worth | $0.3 million |
Current Status | Still in business as of March 2024 |
Employees | 2 |
Target Goals | Expansion to Bigbox stores nationwide |
Deal Outcome | TBD (Shark Tank) |
Nowhere Bakery Current Networth
Nowhere Bakery’s current net worth is estimated to be $0.3 million.