In 2013, fitness enthusiasts Peter Ferreira, Neil Cameron, and Dennis Iannotti introduced Nuts ‘N More on “Shark Tank,” securing a $250,000 investment from Mark Cuban and Robert Herjavec for 35% equity.
This partnership propelled the company to over $30 million in lifetime sales by 2018, with annual revenues averaging $6 million through 2021.
As of 2022, Nuts ‘N More’s net worth was estimated at $10 million. The company continues to thrive, offering a diverse range of protein-enriched nut butters and expanding its product line to meet growing consumer demand.
Nuts N More Net Worth
Estimated Net worth | $10 million (2024) |
Annual Sales Revenue | $6 Million (2024) |
Lifetime sales | $30 million (2018) |
Investors | Mark Cuban and Robert Herjavec |
Founders | Neil Cameron, Peter Ferreira, Dennis Iannoti |
Employees | 750 |
Nuts N More Pitch on Shark Tank
Company name | Nuts N More |
Product | High protein almond and butter spreads and snacks |
Episode | Season 04 Episode 18 |
Founders | Peter Ferreira, Neil Cameron, and Dennis Ianotti |
Asked for | $250,000 for 20% equity |
Final deal | $250,000 for 35% equity, with $75,000 upfront, and the rest as needed for future POs |
Sharks | Mark Cuban and Robert Herjavec |
Location | East Providence, Rhode Island |
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Nuts N More Founders
Nuts N More was founded by Peter Ferreira, Neil Cameron, and Dennis Ianotti in 2010. They are all health enthusiasts. The 3 founders wanted to create a high-protein snack so developed Nuts N More. Nuts N More’s founders, Peter Ferreira, Neil Cameron, and Dennis Ianotti, have a net worth of $6 Million USD as of 2024.
Key accomplishments
Year | Accomplishment |
2022 | Nuts N More won awards in the fitness industry. |
2013 | Nuts N More featured in Shark Tank in 2013. |
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 Spretz and its continued success.