Uprising Bread Shark Tank Summary
|Episode||Season 13 Episode 1|
|Business||healty, artisan keto, gluten-free gut-healthy bread that tastes like heaven|
|Entrepreneurs||Kristen and William Schumacher|
|Asked For||$500,000 for 3%|
About Uprising Bread
What is Uprising Bread?
Uprising Foods makes tasty gluten-free, low-carb diet bread. Additionally, the bread features high fiber content, as recommended by nutritionists. The bread is in the shape of a cube and is usually unsliced, and features psyllium husk powder, flax seeds, and almond flour. Additionally, the bread is plant-based, making it suitable for vegans.
Uprising Bread Founder
Uprising Foods was established by Kristen and William Schumacher, two enthusiasts of healthy eating. William has previous experience in the entrepreneurship industry, having worked as a banker at KeyBank. He also has a degree in marketing from Wright State University. On the other hand, Kristen has worked as the Director of Marketing at Nehemiah Manufacturing Company. They both run Uprising Foods today.
Uprising Bread Shark Tank Update
Did Uprising Bread Get a Deal on Shark Tank?
On Shark Tank Season 13 Episode 1, Kristen and William Schumacher entered the Tank seeking $500,000 for 3% of their super gut healthy, artisan bread, Uprising Bread.
Despite annual revenues reaching the millions, the Sharks worry about the fact that Uprising has yet to reach profitability. The Sharks decline to make an offer, forcing Kristin and William to leave the Tank empty handed.
Is Uprising Bread Still in Business
The company is still in operation and has its base in Cincinnati. Its revenue has risen from $100,000 after its inception to over $1 million dollars in 2020. The company relies on e-platforms for major sales, accounting for 95 percent of its sales.
Additionally, it has expanded its horizons to create different products, including fiber-packed chips and plant-based ground meat.
Clients can order the products from the company’s website and major stores, including Acme, Giant, and Safeway. The company’s exponential growth is expected to continue as in 2019, the company was worth five million US dollars, with the figure expected to rise beyond $15 million by 2026.
Within 24 hours of appearing on Shark Tank, sales rose by more than $250,000. The venture aims to grow beyond the American borders into the global markets.