What Happened to Cave Shake After Shark Tank?
What is Cave Shake?
Cave Smoothie is a dairy-free, gluten-free, low-carb coconut milkshake that is ready to drink. There are three flavors to choose from vanilla, chocolate, and coffee. It’s an excellent keto or paleo snack (or meal substitute).
Cave Shake was created by Holly Heath and Billie Cavallaro of Los Angeles. Long-time friends Holly and Billie decided to put their own take on Keto diets, and here is how it all began.
To fulfill cravings while eliminating dairy, carbohydrates, sugar, and gluten, the couple created delicious smoothies.
Cave Shake pioneered the category by offering a ready-to-drink Keto shake as a meal replacement for persons following a Paleo or Keto diet.
Who is the man behind Cave Shake?
Cave Shake was founded by Holly Heath and Billie Cavallaro of Los Angeles. The keto diet is really popular right now.
It is a low-carb, high-fat diet that leads the body to enter a metabolic state known as ketosis. This means that when the body doesn’t have enough glucose for energy, it burns stored fats instead.
The Cave Drink is a vegan, paleo, gluten-free, grain-free, dairy-free dessert shake made with organic coconut milk that is high in Medium Chain Triglycerides, a kind of fat that is important for health and energy levels.
The shakes, which taste like melting ice cream, come in three flavors: chocolate, vanilla, and coffee, and each serving has 320 calories, 32 grams of mostly saturated fat, 6 to 7 grams of carbohydrate, and 2 to 3 grams of protein. For those on the Keto diet, a smoothie can be utilized to replace a meal.
The Cave Shake is not cheap. At $71.91 for a nine-pack, the price per bottle is $8. They taste like melting ice cream, according to consumer feedback.
They are available online, on Amazon, and at Southern California Whole Foods Markets, as well as dozens of other markets around the state.
What Happened to Cave Shake’s Pitch on Shark Tank?
Holly Heath and Billie decided to offer their goods to Shark Tank investors to help them expand their distribution.
Holly and Billie appeared on Shark Tank, seeking $250,000 for a 10% stake in business worth $2.5 million.
Their pitch was made up of a song and a skit. When they’re done, they give out samples. Because it includes Stevia, Robert says it tastes odd. They go through the fundamentals of ketosis before delving into the numbers.
It costs $1.86 to make each container and $7.99 to sell it. They are now exclusively accessible at specialty food stores in Southern California.
They are now exclusively accessible at specialty food stores in Southern California. In 2017, they made $270,000 in sales and $182,000 in 2018. They gave LA Libations, a beverage industry incubator, a 15% stake in their firm.
When Kevin O’Leary inquires about the incubator’s royalty policy, Billie says that they pay a percentage of sales above $10,000. Kevin did not like it, therefore he quit.
Robert Herjavec dislikes the flavor and was perplexed by the branding; he’s out.
Mark Cuban has quit because he feels it will be too much effort. Lori Greiner quits as well, leaving Charles Barkley alone. He then makes a $250,000 offer for a 20% share in the company.
When they try to persuade him to move lower, he refuses to budge. They ultimately close the deal and walk away from the pitch with a deal.
What Happened to Cave Shake After Shark Tank?
Cave Shake developed to become one of Shark Tank’s success stories when the transaction with Charles was consummated, albeit under a new moniker (Space Shake). Following its introduction on Shark Tank, the Keto diet gained popularity in California.
The owners are collaborating with their partner LA Libations to expand its limits outside Southern California, with the purpose of establishing a growing infrastructure.
Though the product is currently only available in Southern California, Cave Shake is available on Amazon and may be sent anywhere in the world. The duo’s offering earned them $270,000 in 2017, with year-over-year sales of $182,000.
As of June 2021, the product is available at 87 Whole Foods locations in California, six in Hawaii, and 25 elsewhere around the country. They may also be found on Amazon. The yearly revenue of the corporation is $3 million.
Cave Shake’s Competitors
Halo Top is Cave Shake’s main opponent.
Cave Shake’s Net Worth
During the pitch, the company was valued at $2.5 million; following Charles Barkley’s investment, the company was valued at $1.25 million.
The firm expects to produce $3 million in sales in 2021. This indicates that the company’s net worth might have been higher than that of pitch.
Cave Shake FAQs
Is Cave Shake a Keto shaking?
Yes, the Cave Shake contains only 2-3 grams of carbohydrates per serving.
How many calories are in a Cave Shake?
There are 320 calories in each serving of Cave Shake.
Is the Cave Shake low carb or high carb diet?
Keto or caveman diets, like Paleo diets, have little to no carbohydrates and are high in protein and fats.
Is the Cave Shake keto approved?
Yes, Cave Shake is Keto approved.
Is the Cave Shake a Paleo shaking?
Yes, caves are where Paleolithic ancestors lived and so we’ll call it a “Paleo” shake.
What is the calorie content of the most popular Paleo shakes on Amazon?
The Cave Shake has 320 calories within each serving, whereas most Paleo shakes have between 200-300 calories in each serving.
What is the net weight of a Cave Shake?
Each serving of Cave Shake has a net weight of 11.5 ounces.
What is the price of one bottle of Cave Shake?
The retail price of one bottle (11.5 FL oz.) is $7.99 and can be purchased through Amazon for $12.90, or in selected Whole Foods stores. The products are sold in single servings, and there are 9 units per case, which makes the unit price $8 each (including taxes).
What is the flavor of Cave Shake?
Cave Shake is available in three flavors: chocolate, vanilla and coffee.
Where can Cave Shake are purchased?
The Cave Shake can be purchased through Amazon or by going to a Whole Foods store. Customers can also buy Cave Shake directly from the website in three-pack units or nine-pack units.
How much fat, protein and carbs are in a Cave Shake per serving?
There are 32 grams of fat, 42 grams of protein and 6-7 grams of carbohydrates in each 11.5 oz bottle.
Is the Cave Shake Kosher Certified?
Yes, the Cave Shake is Kosher certified.
What is the shelf-life of Cave Shake?
Each case of Cave Shake includes 9 units, meaning there is a total of 9 bottles per case. The Cave Shake is best if Used By date is 18 months from the date of manufacture.