Go Oats is a thriving company that gained significant recognition after its appearance on Shark Tank. Founded by Nahum Jeannot, Go Oats specializes in nutritious and delicious oat-based products, appealing to health-conscious individuals seeking convenient breakfast options. With a commitment to quality and innovation, Go Oats has secured a strong position in the food industry, boasting a net worth of $2 million and annual revenues exceeding $200,000. This article provides an in-depth look into the company’s journey, its founder, and its financial growth.
Profile Details
Profile | Details |
Company Name | Go Oats |
Founder | Nahum Jeannot |
Number of Stores | 100+ |
Net Worth | $2 Million |
Annual Revenues | $200,000+ |
Popular Products | Oatmeal Bites |
Notable Flavors | Blueberry Burst, Maple Brown Sugar, Cran-Walnut, Cinnamon Sensation, Strawberry |
Key Retail Partners | Whole Foods Market, Sprouts Farmers Market, Costco, Albertsons |
Shark Tank Deal | Secured with Barbara Corcoran for 20% equity |
An Overview and Founder of Go Oats
Go Oats revolutionized breakfast by creating convenient, bite-sized oatmeal chunks. These products, made with steel-cut oats, milk, and natural flavors, offer a tasty and healthy start to the day. Nahum Jeannot, the culinary expert behind Go Oats, envisioned providing a delicious and effortless way for people to enjoy oats. The company’s product range includes flavors like blueberry burst and maple brown sugar, which have gained popularity for their quality and taste.
Jeannot’s journey began with a passion for cooking and a desire to bring innovative food products to the market. His appearance on Shark Tank provided a significant boost, despite some initial challenges in closing a deal with investor Barbara Corcoran. Nevertheless, Go Oats continued to grow, expanding its product line and retail presence across the United States.
Go Oats Shark Tank Net Worth Update
Following its Shark Tank appearance, Go Oats experienced a surge in demand, leading to its products selling out on Amazon. Despite initial struggles, the brand found stability and growth, securing a spot in over 100 retail stores nationwide. Although the deal with Barbara Corcoran fell through, the exposure from the show significantly boosted the company’s profile.
Go Oats introduced a new strawberry flavor and continued to be a favorite among consumers seeking convenient and nutritious breakfast options. The company temporarily halted online sales during the summer but maintained strong in-store availability.
Shark Tank: Is it Still Operating?
Go Oats remains operational and continues to expand its product offerings and retail reach. The company’s oatmeal bites are available in various stores, including major retailers like Whole Foods and Albertsons. Despite the challenges posed by the COVID-19 pandemic, Go Oats bounced back, achieving a net worth of $2 million in 2023.
Nahum Jeannot’s dedication to quality and innovation has been instrumental in the company’s success. Go Oats also received mentorship through SCORE DC’s Perfect Product Pitch, further solidifying its market presence.
Conclusion
Go Oats has established itself as a leading brand in the healthy food sector, thanks to its unique and convenient oatmeal products. The company’s appearance on Shark Tank was a pivotal moment, propelling it into the national spotlight. With a commitment to providing nutritious and delicious options, Go Oats continues to grow and innovate, ensuring a bright future in the food industry.
Go Oats Shark Tank Net Worth Growth
Year | Net Worth (Million) |
2024 | $2.0 |
2023 | $1.8 |
2022 | $1.6 |
2021 | $1.4 |
2020 | $1.2 |
2019 | $1.0 |
FAQs
What is the Net Worth of Go Oats?
Go Oats’s net worth is $2 Million.
How much does Go Oats earn yearly?
Go Oats earns $200,000 annually.
Who is the Founder of Go Oats?
Nahum Jeannot is the founder of Go Oats.