They accepted Robert’s offer of $200,000 for a 15% ownership, valuing their Company at $1.3 million. The corporation is valued at $3 million as a result of this. Maddie and Paul entered Shark Tank with the intention of investing $150,000 in exchange for a 5% stake in their company. What is the Net Worth of Aura Bora Water? In November 2021, the company aims to finish the year with $3 million in sales. Williams contributed an extra $2 million in June 2021. SKU, Balanced Breakfast, Leon Chen of Tiff’s Treats, actor Scott Eastwood, and artist Marley D. They are also increasing direct-to-consumer sales by creating a subscription service. It appears that the agreement with Robert has been finalized.īy 2021, they expected to open over 1500 7-Eleven, Sprouts Farmers Market, Whole Foods, and Fresh Thyme stores. What Happened to Aura Bora Water After the Shark Tank Pitch? Robert Herjavec first offered investing $150,000 in exchange for a 12% interest in Aura Bora however, following discussions, they agreed to partner with Robert for $200,000 in exchange for a 15% stake in Aura Bora. Kevin suggested a $150,000 contribution in exchange for a $0.05 royalty per can until he reached $300,000, at which point the fee would be abolished and a 5% ownership stake kept. In contrast, Kevin O’Leary and Robert Herjavec were both willing to take a chance on the Voges. ![]() ![]() Mark, Daniel, and Lori were not interested in investing in Aura Bora since the beverage industry is so difficult to break into. They intend to generate up to $3.5 million in sales by the end of 2021 and to become profitable by the end of the year. The Sharks are as enamoured with Aura Bora’s flavors as they are with its sales statistics. The couple also claims that they only own 74% of the company. They are now accessible in 488 retail locations. ![]() They confess that they require the help of a Shark in order to grow into additional retail locations.īecause of the Covid-19 pandemic, Paul is unable to visit retailers. Maddie and Paul have come to Shark Tank in search of a strategic business partner willing to spend $150,000 in exchange for a 5% stake in their company. What Happened to Aura Bora Water at the Shark Tank Pitch? This realization is what led to the creation of the Aura Bora.Ī can costs $3, and a 12-pack costs $30 on Amazon. When they understood this, they started to work experimenting with other flavour combinations.Īfter a few months and with the assistance of a carbonation machine, they were able to produce a few kinds that met their criterion. They noticed that many effervescent drinks felt false, lacked unique flavour profiles, and failed to give a memorable experience to the customer. Paul and Madeleine established the company after recognizing a void in the sparkling water sector. ![]() The brand was launched in January 2020, during the commencement of the Covid-19 outbreak.ĭespite this, they have achieved distribution success.Įxcept for Delaware, the product may be found on the shelves of a variety of health food stores, local grocery chains, and coffee shops. Who is the founder of Aura Bora Water?Īura Bora Water was founded by Paul and Maddie Voge. They’re sugar-free, calorie-free, sodium-free, and contain no GMOs. The five flavors available are Cactus Rose, Lavender Cucumber, Peppermint Watermelon, Basil Berry, and Lemongrass Coconut. Is there any social responsibility of Aura Bora Water? What is Aura Bora Water?Īura Bora is a wonderful herbal sparkling water line produced from herbs, fruits, and flowers.
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