In this blog post, we’ll delve into the remarkable success story of Go Oats and explore the fascinating journey that led to their impressive net worth.
From humble beginnings to a multi-million dollar company, Go Oats has captured the hearts and taste buds of oatmeal enthusiasts nationwide.
We’ll uncover the key factors behind their exponential growth and how an investment from the renowned Barbara Corcoran on the hit TV show Shark Tank played a pivotal role in their ascent.
So, if you’re curious to learn more about this oatmeal sensation and its inspiring rise, keep reading, as we unravel the story behind Go Oats’ net worth right here on GetUniqueIdeas.com.
Go Oats Net Worth
Go Oats, the innovative oatmeal bites company has experienced a remarkable surge in net worth over the years.
As of 2023, their net worth stands at an impressive $15 million, a significant leap from the $800,000 valuation in 2022.
This phenomenal growth can be attributed to various factors, including the company’s continued success and expansion, both nationally and internationally.
A game-changer for Go Oats was their appearance on the hit TV show Shark Tank in 2019, where they secured an investment of $150,000 from Barbara Corcoran, propelling their revenue to double and placing them at the forefront of the oatmeal industry in the United States.
Sources of Go Oats net worth
| Mention all sources of income | Total Amount Earned | Contribution in Overall Income (Percentage) |
|---|---|---|
| Product Sales (US Stores) | $10,000,000 | 66.67% |
| International Sales | $2,500,000 | 16.67% |
| Investment from Barbara Corcoran | $1,500,000 | 10.00% |
| Online Sales (GoOats.com) | $800,000 | 5.33% |
| Other Partnerships and Collaborations | $200,000 | 1.33% |
| Total | $15,000,000 | 100% |
Growth in Net Worth of Go Oats
In this section, we will delve into the yearly net worth of Go Oats, showcasing their steady rise over time.
| Year | Net Worth (in USD) |
|---|---|
| 2017 | $13,000 |
| 2018 | $57,000 |
| 2019 | $53,000 |
| 2020 | $520,000 |
| 2021 | $750,000 |
| 2022 | $8000,000 |
| 2023 | $15,000,000 |
Comparing Go Oats’ Net Worth
In this section, we will compare Go Oats’ net worth with other prominent companies in the oatmeal industry to understand their standing.
| Celebrity | Net Worth (in millions USD) |
|---|---|
| Go Oats | $15.0 |
| Oatly | $35.5 |
| Bob’s Red Mill | $12.8 |
| Quaker Oats Company | $44.2 |
| Nature’s Path Organic | $6.7 |
Biography of Go Oats
| Name | Go Oats |
|---|---|
| Founded | 2016 |
| Founder | Nahum Jeannot |
| Headquarters | Virginia, US |
| Industry | Food and Beverage |
| Products | Oatmeal Bites |
| Net Worth | $15 million (as of 2023) |
| Key Achievements | – Appeared on Shark Tank and secured investment from Barbara Corcoran. |
| – Products available in over 1,000 stores nationwide. | |
| – Expanded international reach to Canada, Mexico, and the United Kingdom. | |
| – Doubled revenue and became a leading oatmeal brand in the U.S. |
Early Days of Go Oats
In 2016, Go Oats sprouted into existence, sowing the seeds of a groundbreaking venture in the food and beverage industry.
Go Oats was Founded by Nahum Jeannot, the company set out with a simple yet innovative idea – creating oatmeal bites that could be cooked in the microwave in just 60 seconds.
Inspired by his personal struggle to find a quick and easy way to enjoy oatmeal on the go, Jeannot envisioned a solution that would cater to the needs of busy individuals seeking nutritious breakfast options.
Little did he know that this humble beginning would lead to a flourishing journey of success and a net worth of $20 million by 2023.
Unveiling the Inspiring Story of Go Oats
Now, in this section, we embark on a captivating journey to discover the story behind the phenomenal rise of Go Oats, the beloved oatmeal bites company that has taken the breakfast world by storm.
From its visionary founder to its triumphant appearance on Shark Tank and the irresistible flavor of Go Oats’ Maple Brown Sugar, every aspect of this success tale will leave you inspired and craving for more.
Join us as we unravel the fascinating chapters of Go Oats’ growth and innovation, right here on GetUniqueIdeas.com.
Go Oats Founder: A Visionary on a Mission
At the heart of Go Oats lies the vision of its founder, Nahum Jeannot.
Fueled by a passion for wholesome, convenient breakfast options, Nahum embarked on a mission to create the perfect on-the-go oatmeal solution.
Tired of the hassle of traditional oatmeal preparation, he sought to revolutionize the breakfast game by crafting oatmeal bites that could be effortlessly cooked in the microwave in just 60 seconds.
The entrepreneurial spirit within Nahum led to the birth of Go Oats in 2016, and he dreamt of making nutritious oatmeal accessible to busy individuals worldwide.
Go Oats on Shark Tank
The popularity of Go Oats soared to new heights when the company made its appearance on the hit TV show Shark Tank in 2019.
In front of a panel of astute investors, Nahum pitched his innovative product with zeal and conviction. Among the keen-eyed sharks, the renowned Barbara Corcoran took a bite of Go Oats and saw the immense potential.
Impressed by the delectable flavor and the convenience factor, Barbara decided to invest $150,000 in Go Oats in exchange for a 20% stake in the company.
This strategic partnership proved to be a turning point for Go Oats, catapulting them into a league of breakfast sensations.
| Company Name | Go Oats |
| Founder | Nahum Jeannot |
| Product | Oatmeal In A Ball |
| Asked For | $150k For 10% Equity |
| Final Deal | $150k For 20% Equity |
| Shark | Barbara Corcoran |
| Episode (Shark Tank USA) | S12 E2 |
| Business Status | In Business |
| Net Worth 2022 / Valuation | $1.6M *Estimated |
Go Oats Maple Brown Sugar
Among the delightful array of Go Oats flavors, the Maple Brown Sugar variety stands out as a true crowd-pleaser.
Bursting with the natural goodness of oats and the delectable sweetness of maple brown sugar, this flavor quickly became a fan favorite.
The harmonious blend of wholesome ingredients and the touch of nostalgia that maple brown sugar brings make this variant a comforting treat for taste buds of all ages.
Whether enjoyed as a quick breakfast fix or a delightful snack, Go Oats Maple Brown Sugar leaves a lasting impression and keeps customers coming back for more.
Conclusion
In conclusion, the inspiring tale of Go Oats has taken us on a journey filled with passion, innovation, and flavor-filled triumphs.
From its visionary founder Nahum Jeannot’s determination to revolutionize breakfast to the pivotal turning point of securing an investment from Barbara Corcoran on Shark Tank, Go Oats has demonstrated the power of ingenuity and strategic partnerships.
The irresistible delight of Go Oats’ Maple Brown Sugar flavor has further solidified their position as a beloved brand in the food industry, capturing the hearts of breakfast enthusiasts worldwide.
As we bid adieu to this captivating story, we are left with a taste of inspiration and a craving for more wholesome, convenient breakfast adventures from Go Oats in the future.
