Alfonso Tejada wanted to create healthy pasta for people who love pasta but want fewer carbs. He used palm hearts to make OA Foods. OA Foods is gluten-free and low in calories. It is an excellent option for those who are unable to consume ordinary pasta. Alfonso sought assistance from Shark Tank in expanding his company. He requested $300,000 from the sharks.
He promised ten per cent of his business. Will the entrepreneur get a deal on Shark Tank? Check out the OA Foods update to find out!
OA Foods Net Worth Shark Tank Update 2025
Alfonso Tejada asked for a $300k investment in exchange for 10% equity in his company. This meant he valued his company at $3 million. He made a deal with Lori Greiner and Mark Cuban for $300k in exchange for 25% of his company. This new deal valued his company at $1.2 million. After the show aired, OA Foods saw a big increase in website traffic, sales, and social media exposure. With an estimated 10% yearly growth rate (typical business growth), the current net worth of OA Foods is about $1.93 million.
Today OA Foods is still operating. The agreement with Lori Greiner and Mark Cuban did not materialise. But being on Shark Tank was a huge boost to the company’s growth. OA Foods sold out of all of its stock in a single day following the episode’s broadcast. The business collaborated with major retailers including Whole Foods and Amazon.
Additionally, it revamped its packaging to extend the product’s shelf life. OA Foods is doing really well now. It is the best-selling pasta substitute on Amazon and brings in about $4 million annually. Alfonso keeps up his efforts to improve the business.
Yes Alfonso got a deal on Shark Tank. Mark Cuban and Lori Greiner teamed up to offer $300,000. In return, they wanted 25 percent of the company. Alfonso accepted the offer. However, the deal did not close after the show. Even without the idea,l the exposure from Shark Tank helped OA Foods grow a lot. Alfonso used the opportunity to improve his product and reach more customers.
| Shark(s) name | Offer & Demand | Counteroffer | Accepted? |
| Bethenny Frankel (guest shark) | out | N/A | N/A |
| Lori Greiner | $300,000 for 30% equity | #1 $300,000 for 18% equity #2 $300,000 for 25% equity | Yes to 2nd offer |
| Robert Herjavec | Out | N/A | N/A |
| Daymond John | Out | N/A | N/A |
| Mark Cuban | $300,000 for 30% equity | #1 $300,000 for 18% equity #2 $300,000 for 25% equity | Yes to 2nd offer |
OA Foods Shark Tank pitch
Alfonso Tejada saw that ordinary spaghetti was problematic. Pasta is a popular but unhealthy food. It has a lot of calories and carbohydrates. Alfonso aimed to provide a better choice for individuals. He chose to cook spaghetti with hearts of palm. Hearts of Palm are gluten-free and nutritious. They have a few calories as well. Alfonso wanted his product to resemble authentic pasta in both appearance and flavour.
OA Foods’s creation was not a simple process. Alfonso had numerous difficulties. He had to come up with the correct recipe first. He desired the ideal flavour and texture for the pasta. He then needed to persuade others to give the product a try. The majority of people were unaware of what the hearts of palm were. A few folks were hesitant to try pasta made with vegetables.
The production presented another difficulty. Alfonso was unable to meet demand. He was unable to make enough cans for his little firm. He also had trouble locating trustworthy merchants. A lot of retailers were reluctant to take a chance on a new product. Alfonso had faith in his concept in spite of these obstacles. He continued to put in a lot of effort to make OA Foods a success.
Alfonso began his pitch with a light-hearted notion. He brought cutouts of cardboard to symbolise the negative aspects of pasta. These included sugar, carbohydrates, and gluten. Then someone showed up dressed like a can of OA Foods. The sharks laughed at this. OA Foods is a healthier substitute for pasta according to Alfonso. The hearts of the palm are used to make it. It has few calories and no gluten.
Alfonso reported his sales to the sharks. That year, he claimed to have earned $50,000. He added that he struggled to maintain adequate supplies. Alfonso clarified that in order to expand his company, he required $300,000. He reciprocated by offering ten per cent of his business.
Alfonso fed the sharks pasta meals cooked with OA Foods to demonstrate how delicious it is. There was a distinct sauce for every dish. It tasted good to the sharks. They believed the product to be special.
The product was well received by Mark Cuban and Lori Greiner. They proposed to buy 30% of the business for $300,000. Alfonso responded by putting in 18 per cent. He then increased it to twenty per cent. Lori and Mark proposed to reduce their investment to 25%. Alfonso accepted this arrangement.
The sharks had many questions about OA Foods. They wanted to know what made the product special. Alfonso explained that OA Foods is a healthier alternative to regular pasta. It is gluten-free and low in calories. He said it tastes just like pasta but is made from hearts of palm. Bethenny Frankel wanted to know what Alfonso would do if big companies copied his idea.
Alfonso said his product had a unique taste and quality. He believed people would prefer OA Foods over other brands. Daymond John asked about the market. He wanted to know if there was enough demand for a pasta alternative. Alfonso said many people are looking for healthier food options. He believed there was a big market for OA Foods.
The sharks also asked about production costs. Alfonso said the product was affordable to make. He explained that he needed help with distribution. He wanted to get OA Foods into more stores.
OA Foods’s flavour appealed to Bethenny Frankel. But she was concerned about the competition. She feared that large corporations might join the market and displace Alfonso’s clientele. She made the decision not to make an investment.
Daymond John was concerned about competition as well. He believed that competing with well-known brands would be difficult for Alfonso. He made up his mind not to offer.
Pasta made with vegetables did not appeal to Robert Herjavec. “I don’t see myself using the product,” he remarked. He chose not to make an investment.
Both Lori Greiner and Mark Cuban praised the product. They believed it had a great deal of promise. Together they made an offer of $300,000 for a 30% stake in the business. Alfonso responded by putting in 18 per cent. He then increased it to twenty per cent. Mark and Lori said they would do the deal for 25 per cent. Alfonso accepted the offer.
What Went Wrong With OA Foods On Shark Tank?
A number of sharks refrained from investing due to concerns about competition. They feared that Alfonso’s concept may be imitated by large corporations. They were reluctant to strike an agreement because of this.
The low sales figures were an additional problem. Only $50,000 had been earned by Alfonso that year. He struggled to maintain adequate supplies as well. This was considered dangerous by certain sharks.
Despite having a deal with Mark and Lori Alfonso’s deal fell through after the show. Alfonso needed to expand his company in other ways.
Product Availability
Palmini is a pasta alternative made from hearts of palm. It is low in calories, gluten-free and easy to cook. It is a great choice for people who want to eat healthier. The product looks and tastes like regular pasta. Palmini is available in many places. You can buy it online and in stores. It is sold on Amazon and at stores like Whole Foods Publix and Kroger. The product comes in cans and pouches.
The pouches keep the pasta fresh for up to 1.5 years. Palmini is affordable and easy to use. Many people love its taste and texture. It is a popular choice for those looking for a healthy pasta option.
Conclusion
Palmini’s Shark Tank voyage was successful. Alfonso struck an agreement with Lori Greiner and Mark Cuban. The business expanded significantly following the show, despite the fact that the agreement did not close. Palmini is now Amazon’s best-selling pasta substitute. It brings about $4 million annually. Alfonso keeps putting up a lot of effort to enhance his offering and expand his company. Palmini appears to have a bright future. We’re eager to see what Alfonso will do next.
Hi, I’m Laiba Khurram, a BBA student specializing in Marketing at FAST NUCES ISB. My background includes experience in finance, marketing, and event coordination. My skills include teamwork, time management, and Microsoft tools. Watching Shark Tank has always inspired me, as I admire the innovative pitches and entrepreneurial spirit showcased on the show. This passion drives my approach to finding creative solutions and understanding market dynamics. Read more About me.
