Oat Haus Granola Butter, Oat butter spreads, was started by Eric Katz, Ali Bonar, and Ari Schraer in March, 2018. As of August 2023, Oat Haus Granola Butter net worth is $4 million and they’re pulling in a whopping $2.5 million in annual revenue.
In October 2021, they appeared on the 13th of Shark Tank USA, seeking $375,000 for 5% equity, valuing the company at $7.5 million. Making a jar of Granola Butter costs $3.25, and they sell it on their website for $9 to $12.95. The sharks didn’t have much advice and seemed uneasy about the price.
As of August 2023, the company is still in business, and you can purchase products on its website, Whole Foods, Thrive Markets, Central Market, and Amazon.
Oat Haus Granola Butter Net Worth
Net worth | $4 million |
Annual Sales Revenue | $2.5 million |
Profits | $1.2 million |
Lifetime sales | $2.7 million |
Investor | N/A |
Founders | Eric Katz, Ali Bonar, and Ari Schraer |
Employees | 12 employees |
Oat Haus Granola Butter Net Worth Timeline
Net Worth 2023 | $4 million |
Net Worth 2022 | $4 million |
Net Worth 2021 | $3.5 million |
Net worth valuation 2018 before appearing on Shark Tank | $7.5 million |
Oat Haus Granola Butter Pitch on Shark Tank
Company name | Oat Haus Granola Butter |
Product | Oat butter spreads |
Episode | Season 13 Episode 3 |
Founders | Eric Katz, Ali Bonar, and Ari Schraer |
Asked for | $375,000 for 5% equity |
Final deal | N/A |
Sharks | N/A |
Location | Philadelphia, Pennsylvania, USA |
Oat Haus Granola Butter Founders
Oat Haus Granola Butter was founded by Eric Katz, Ali Bonar, and Ari Schraer in 2018. Ali Bonar, the founder of Avokween, believes in holistic well-being. Eric Katz joined to support his girlfriend’s passion for food. Ari Schraer, a chef, joined to enhance Granola Butter and share his craft. Oat Haus Granola Butter’s founders, Eric Katz, Ali Bonar, and Ari Schraer, have a net worth of 4 million USD as of 2023.
Key accomplishments
Year | Accomplishment |
2021 | The company appeared in Shark Tank |
2023 | They earned $2.5 million in annual sales |
Conclusion
From their beginnings on Shark Tank to their current status as a thriving business, they have proven that with the right idea and execution, anything is possible. We can’t wait to see the future for Oat Haus Granola Butter and its continued success.