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Life can change at any given moment, and this was the case for entrepreneur Parker Barbee. In 2022, Barbee was laid off from his job just before the Christmas holiday. This moment of uncertainty led him to jumpstart his passion for a staple dessert in his family — banana pudding. KSL News reports Barbee is the founder of dessert sweet shop Parfé Diem, located in Salt Lake City, UT’s Sugar House neighborhood. According to its website, it features a variety of pudding parfait flavors, including banana, strawberry cheesecake, pistachio, and chocolate. It also offers shortbread cookies and a creative twist on the classic ice cream sandwich, using pudding as the filling. View this post on Instagram A post shared by parfé diem 😋 pudding parfaits (@parfediem) Now, just in time for the holiday season, Barbee’s venture has received a significant boost through the NAACP Powershift Entrepreneur Grant, established by investor Daymond John of “Shark Tank.” The grant is $25,000 and is funded with...
A college student turned entrepreneur recently turned down a $300,000 offer on “Shark Tank,” a decision he credits to trusting his gut. Kobe Harris, then a student at Loyola University Chicago, launched his lip balm company, Kobee’s, from his bedroom in 2019 while researching sustainability and bees for a college project, CNBC reported . With $200 from his mom, he ordered ingredients on Amazon and started experimenting with simple formulas, using beeswax, coconut oil, sunflower oil, and mango butter, according to CNBC. Kobee’s offerings now includes lotion, lip scrub, cuticle butter, and hand salve — all packaged in eco-friendly, compostable materials and priced from $5 to $42. The company primarily sells through Amazon and its direct-to-consumer website, and once generated $15,000 in sales in only a day. Appearing on the Nov. 1 episode of “Shark Tank,” Harris sought a $300,000 investment in exchange for 6% equity, looking for mentorship and support in scaling distribution. Kendra...
While some runners only need fresh air and a familiar path to get into the zone, others require more motivation. Identifying with the latter group, 26-year-old Destin George Bell developed an application, Card.io , to encourage himself and others like him to get outside and be active. The gamified fitness tracker launched in 2022 and transforms users’ outdoor walking or running into a giant interactive team-based game like Turf War or Capture the Flag. Like Strava and Garmin, it monitors pace, distance, calories burned, and more. It also integrates with those platforms, enabling users to upload completed routes from those trackers into Card.io to compete with others by claiming the parts of town they move in. If you haven’t heard about the app or Bell yet, you probably will soon. The company made its television debut on Friday, Oct. 18, during the Season 16 premiere of the Emmy Award-winning show “Shark Tank.” Pitching on the show is a significant achievement, as less than 1% of...
The visibility from “Shark Tank” led to remarkable growth for The Transformation Factory founder Alexiou Gibson. Gibson is behind the sea moss brand, which was inspired by his personal health journey that resulted in a 300 pound weight loss from taking the algae in his daily lattes, CNBC reports. “Like most teens, I believed that I was invincible,” Gibson shared on “Shark Tank.” “I thought I would be fine and had time to get healthy later. It wasn’t until my doctor told me that I wouldn’t live to see my 30th birthday that I understood how serious I needed to be about living.” Recognizing the great power of sea moss through his 10-year health battle, the company website notes, The Transformation Factory now sells various sea moss gels in flavors dragon fruit, pineapple, mango, and strawberry banana. View this post on Instagram A post shared by The Transformation Factory (@seamosstransformation) Gibson pitched his company while on “Shark Tank” in 2022 and scored a $600,000 deal from...
A burger vending machine caught the attention of “Shark Tank” investors. RoboBurger is described as the “world’s first burger chef in a vending format,” and it can reportedly prepare a hamburger in less than four minutes, per CNBC. The multi-patented idea was created by Dan Braido, Audley Wilson, and Andy Siegel who presented the idea on “Shark Tank.” “The RoboBurger provides a restaurant quality experience. The RoboChef grills the patty, toast the buns, adds the condiments, and delivers it all piping hot,” Braido said while pitching to “Shark” judges Kevin O’Leary, Lori Greiner, Barbara Corcoran, and Mark Cuban, along with guest judge Fanatics CEO Michael Rubin. Wilson added, “The vending machine brought us beverages more conveniently. The ATM, money on the go. And now RoboBurger brings us hot fresh delicious food anytime anywhere.” View this post on Instagram A post shared by RoboBurger (@roboburger) The founders were seeking a $1.5 million in exchange for 5% stake in the company,...
Reading is one of the fundamental skills required for youth to excel academically. However, there has been a rising number of children who struggle with literacy skills. According to The Nation’s Report Card, only 33% of fourth-grade students could read at or above the basic reading level as of 2022. To be a part of keeping students motivated to read, Beanstack, formerly known as Zoobean, stepped in. Founded by husband-and-wife team Felix Brandon Lloyd and Jordan Lloyd Bookey, the edtech startup was created to not only support children’s reading growth but also grow their overall love for reading. The drive to launch the company stems from the founders’ background in education. In addition to Bookey serving as Google’s head of K-12 education outreach, Lloyd had worked in the public school system. He started out as dean of students at the SEED Public Charter School, where he was named Washington, D.C.’s “Teacher of the Year.” Then, in 2007, Lloyd was selected for Echoing Green’s...
Richualist Founder Dawn Myers has scored an investment from “Sharks” Mark Cuban and Emma Grede. On Friday April 5, the founder was featured on ABC’s “Shark Tank.” The purpose of the show is to offer opportunities to entrepreneurs who are looking to start or scale their business by securing funding from its lineup of venture capitalists, its website mentions. The episode starring Myers featured “Sharks” Cuban and Grede, along with Lori Greiner, Kevin O’Leary, and Robert Herjavec. Photo Credit: Christopher Willard Myers was seeking a $150,000 investment in exchange for 10% stake in her company. As AFROTECH™ previously told you, Myers launched The Mint, a hair tool that includes six attachments to detangle and style all hair types, with a special focus on curly to coily types, classified as 3A to 4C. Its technology warms liquid hair products between 130 degrees Fahrenheit and 140 degrees Fahrenheit for deeper penetration into the scalp. Myers said on the show she is currently in talks...
