His and Her Shark Tank Update – His and Her Net Worth

This thrilling episode of Shark Tank introduced us to a company named His and Her. It is an aphrodisiac bar that Jennifer and Michael Gallagher founded. The company specializes in making a special snack bar to spice up your sexual life. The product is vegan, gluten-free, non-GMO, and sweet with zero fillers.

The founders joined the show in Season 12, Episode 09, and presented their product to investors. The sharks involved were Lori Greiner, Mark Cuban, Kevin O’Leary, Daymond John, and Barbara Corcoran. Let’s see if the company can get a deal. Did the product impress the sharks? If you want to learn more, jump into the article and enjoy the whole episode.

His and Her Shark Tank Net Worth

When the company appeared on Shark Tank, it had a valuation of $500,000. As of the report, starting in 2022, its net worth was $3 million. However, the company went out of business in February 2022, and the entrepreneurs have not disclosed their sales.

What happened to the His and Her after Shark Tank?

After the show, His and Her Bar became popular, and people approached the founders through social media. They experienced a significant increase in sales. As of December 2021, they were still in business, facing many challenges. Currently, the company is out of business, and the product is no longer available on its website.

Did the His and Her get a deal on Shark Tank?

The company failed to secure a deal on the show. The founders could not convince the sharks to invest in their business.

Shark(s) nameOfferDemandCounterofferAccepted?
Barbara CorcoranOutN/AN/AN/A
Lori GreinerOutN/AN/AN/A
Kevin O’LearyOutN/AN/AN/A
Daymond JohnOutN/AN/AN/A
Mark CubanOutN/AN/AN/A

His and Her Shark Tank Update

his and her shark tank deal

The founders appeared on the Shark Tank and presented their business model in a very unique way. They explained their entire product description by dancing and singing their self-made rap. They were seeking an investment from the sharks of $50,000 for the equity of 10% in their company.

The founders said they have prepared a nutritional snack that enhances sexual desire while balancing the fitness and health of the body. It is a special non-GMO vegan product with a creamy consistency and chocolate taste. The secret ingredient that makes the snack super sexy is Maca, also known as Peruvian Ginseng.

It has been used for ages to boost fertility, increase sex drive, and keep your energy levels up. The roots of the maca plant are packed with nutrients that can help enhance your overall vitality and stamina. People have been turning to Maca for its potential aphrodisiac properties and its ability to support sexual health.

Founders and Backstory

The company was founded by a young couple, Jennifer and Michael Gallagher. The co-founders were concerned about their physical health and made this product. Before developing their product, Jennifer was a marketing expert, while Michael was a former Navy officer.

Jennifer was the first to think of enriching people’s lives and came up with the idea of making this innovative snack. Then she shared it with Michael, and they started working to find the best ingredients. They envisioned a convenient treat that couples could enjoy, enhancing romance and well-being.

The duo faced many challenges in establishing a company in this competitive marketing world, but their passion and dedication kept them going. That’s how Jennifer and Michael remained successful in launching their product but lost their home and jobs in this journey.

Pitch and Deal

After a demonstration of the product, the entrepreneurs asked the investors to taste the snack bar, which they had brought as a sample product for the investors. When it came to discussion and sharks started to inquire about the sales, they lost interest in making any offer for the company.

Sharks did not like the taste, and since the company had no sales, no one was ready to invest in the product. They told Jennifer and Michael that they should get some jobs and settle. Three sharks were already out, which made Michael emotional, and he started crying. Then he explained how he failed at the fire academy and began having headaches.

He also had the opportunity to do a podcast with Mr. Wine guy, who gave him an inspiring lecture on entrepreneurship and shared his journey of overcoming challenges. Michael said they have faced many problems launching their product and need to expand the business. Things didn’t go on the show as expected by the founders. Unfortunately, despite their best efforts, no one was interested in making an offer for the company.

Product Availability

His and Her bar is like an aphrodisiac medicine, a healthy snack with high nutritional value that boosts sexual desires. It contains various beneficial ingredients, including Maca, almond, chocolate, vanilla, cashews, and nuts.

Having a creamy texture and spicy taste makes it delicious. It’s a gluten-free product that helps balance your body’s health. In 2020, after testing the product, the founders launched it in the market with the price of $44.28 for a 12-bar box. It was $3.69 for an individual piece.

Moreover, customers also had the option of a 3-month subscription, which costs $39.995. As for retail availability, the products were also available on the company’s official website, and people could easily get them simply by placing orders there.

Conclusion

The entrepreneurs were disappointed after the show and left without getting any deal from the sharks. The investors did not want to invest in the business because of its bad sales. But their appearance on the show gave them so much exposure that it resulted in a huge hike in sales. The company received a lot of love and support from its social media community.

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