What Happened to Saavy Naturals after Shark Tank?
What is Saavy Naturals?
Saavy Naturals is a cruelty-free, gluten-free, soy-free, non-GMO, and vegan all-natural, food-grade body care company. Furthermore, parabens, phthalates, artificial colors, and synthetic odors are not permitted in any of the company’s product formulations.
Hugo and Debra Saavedra, both experienced cooks and former restaurateurs, founded the company. They are also gardeners who are concerned about the health and purity of the ingredients they put into and on their bodies.
Prior to launching Saavy Naturals, they enjoyed making their own natural, food-grade soaps and lotions.
Who is the founder of Saavy Naturals?
Hugo and Debra Saavedra, both experienced chefs and former restaurateurs, founded the company. Hugo and Debra are passionate about nourishing the body with nutritious meals and believe that the products used on the skin, the body’s largest organ, should be no different.
Every element that the skin absorbs from Saavy Naturals products is useful, especially for those with sensitive skin.
The Saavedra are ardent gardeners who have long filled their food with herbs and delectable blossoms. Saavy Naturals was founded when they began manufacturing soaps and lotions from their flowers and herbs a few years ago.
Hugo and Debra only use natural, vegan, gluten-free, soy-free, palm-free, non-GMO, and ethically sourced ingredients in their products.
Everything in their soaps and lotions is food grade, which means they can be eaten! They argue that because your skin is the biggest organ in (or on) your body, they are as worried with what happens on the inside as they are about what occurs on the outside.
Saavy Naturals wants it to be ALL GOOD since the skin absorbs everything that is put to it. When they first started their business, they were the darlings of the larger Los Angeles farmer’s market scene. Because their soaps were so well-liked, they started selling them online through their website.
Saavy Naturals is now available on Amazon as well as at select Whole Foods Markets, Clark’s, Lassen’s, and California Fresh Markets stores.
What Happened to Saavy Naturals at Shark Tank pitch?
Former restaurateurs and personal chefs Hugo and Debra Saavedra pitch Saavy Naturals, their line of all-natural, food-grade soaps and personal care products, on Shark Tank episode 708. They’re searching for a Shark to invest in their company so that they may increase their manufacturing and distribution capacity.
Hugo and Debra warmly welcome visitors to their home. They claim to be soul mates who discovered joy in cooking and, subsequently, soap pouring together.
They had built another company to $10 million in revenue before losing control. They want to share their passion for food and beauty care with the rest of the globe.
When they appeared on Shark Tank, they asked $200,000 in exchange for a 10% stake in their company, which was worth $2 million.
As Debra eats a piece of soap, they claim that their line was unlike anything the Sharks had ever seen or tasted. Their soaps are all made in their kitchen factory using food-grade ingredients.
As they pass out samples, Robert encourages Barbara to try it. She does, and the flavor is described as “perfume and candy.” Lori was clearly happy with the outcome.
They explain that they formerly developed a soap company but lost control of it. Hugo claims that they were not smart at the time, but that they are now.
In a single year, Saavy Naturals sold $750,000 in goods, all of which were sold online. Margins vary from 30% to 40%, and they have good relationships with merchants in Southern California, New York, and Boston.
Mr. Wonderful was not pleased with their evaluation. He believes it was a commodity item worth roughly $400,000 in the market.
Mark feels they compete with Simple Sugars, thus he exits. Lori has chosen to quit the soap market because she feels it was very competitive.
Just before the break, Barbara asks whether they might consider changing the name. After a brief delay, Robert makes an offer of $200,000 in return for 45% equity shares.
Mr. Wonderful confirms his judgment and offers that Barbara helps them operate the business.
Barbara was prepared to pay $200,000 for 40% equity shares and will fund purchase orders. Hugo and Debra accepted Barbara’s offer and left the pitch with a deal.
What Happened to Saavy Naturals After Shark Tank?
Barbara’s deal was never completed. Following the airing of the episode, Saavy Naturals extended its store presence in Pacific City, California. Cousins Maine Lobster was contracted to cater their airing party!
Arcadia Biosciences purchased the company in June 2021 for an undisclosed value.
Competitors of Saavy Naturals
The brands that are most comparable to Saavy Naturals are listed below. In various ways, these brands compete with or complement Saavy Naturals.
Simple Sugars (organic and non-organic goods) and Mint Creek Farm are Saavy Naturals’ main rivals.
Net Worth of Saavy Naturals
During the pitch, the firm was valued at $2 million. Since the firm was acquired by Arcadia Biosciences for an undisclosed sum, the company’s net value is unknown.
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Saavy Naturals FAQs
What is Saavy Naturals?
Saavy Naturals is a company that manufactures natural, vegan, non-GMO, and organic soaps, lotions, and cosmetics. These goods are available online or at select shops in the United States.
Who is the founder?
Hugo and Debra Saavedra co-founded Saavy Naturals. Hugo, a former restaurateur and personal chef, co-founded the business with Debra.
How much were they seeking on Shark Tank?
They were seeking for $200,000 for a 10% stake in their firm.
Is Saavy Naturals still in operation?
Saavy Naturals is now open for business. Arcadia Biosciences purchased the firm in June 2021.
Where is Saavy Naturals located?
Pacific City, California is the home of Saavy Naturals.
Saavy Naturals sells to which markets?
Saavy Naturals is available online and at select locations around the United States. Some of their vendors are as follows:
What kind of items does Saavy Naturals make?
Saavy Naturals makes soaps, lotions, and cosmetics.
Who is the intended audience?
Saavy Naturals’ target clients are those who are interested about the ingredients in their skin care products. The brand’s products are manufactured entirely of natural ingredients that are certified organic, vegan, and non-GMO.
What exactly is “Food-Grade”?
The term “food-grade” denotes that the product contains substances that are suitable for human consumption. This indicates they are both safe to eat and drink.
Are Saavy Naturals environmentally friendly?
Saavy Naturals bills them as “eco-friendly.” Their goods are created entirely of natural components that are organic, vegan, and non-GMO. These components came from places including the United States, Canada, and Colombia. All of the things were produced in their own factory.
Where can I purchase Saavy Naturals?
Customers may make purchases through their website. They may also be able to locate them on Amazon, eBay, or other third-party retailers.
Is Saavy Naturals animal-free?
Saavy Naturals is a cruelty-free company. The brand’s product is made entirely of natural components that are certified organic, vegan, and non-GMO.
Is Saavy Naturals suitable for vegans?
Vegan claims Saavy Naturals. Their products are manufactured entirely of natural components that are certified organic, vegan, and non-GMO. These components came from places including the United States, Canada, and Colombia. All of the things were produced in their own factory.
How can I make a payment for Saavy Naturals?
All major credit cards are accepted by Saavy Naturals. Customers can also use PayPal and Amazon Pay to pay.
What is the state of the customer service department?
Saavy Naturals offers a customer care section that answers to email queries from consumers.
What is the return policy at Saavy Naturals?
Customers have 14 days from the day they receive the goods to return it. They must return the merchandise and give them with a receipt for their purchase.