Peekaboo ice cream net worth 2023

Peekaboo Organics Vegetable Ice Cream Update | Season 12

December 12, 2020December 13, 2020 Andrew Smith Peekaboo Organics, Season 12

Peekaboo Organics Vegetable Ice Cream appeared onShark Tankon December 11, 2020. Founder Jessica Weiss Levison left the tank without a deal after the sharks didn’t agree with her $10 million valuation. Here’s a quick recap of everything that happened during the pitch as well as news on a Peekaboo Organics update afterShark Tank.

Peekaboo Organics Update AfterShark Tank

Peekaboo ice cream net worth 2023

  • Entrepreneur: Jessica Weiss Levison
  • Business: Ice cream with hidden vegetables
  • Ask: $800,000 for 8% equity
  • Result: No Deal
  • Shark: None

Peekaboo Organics appeared on Shark Tank Season 12 Episode 8 and is an indulgent ice cream brand made with vegetables. While the ice cream itself isn’t healthy, the added vegetables help its consumers get in some healthy foods with their guilty pleasure. After a blind taste test, all of the sharks agreed that the product was great and the vegetables couldn’t be tasted.

Peekaboo ice cream net worth 2023

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However, this is where the positive news ended for Jessica, as the sharks blasted her on her $10 million valuation when she only had $450,000 in sales in just over a year. However, Jessica fired back saying that Peekaboo Organics was expecting to do $5 million in sales over the next year, as it would be in over 3,000 stores.

Despite the tough pitch, Jessica found herself with an offer from Lori Greiner, as well as Kevin O’Leary, who went out but came back in to make an offer. Lori Greiner offered $800,000 as a loan at 6% interest over the next three years, plus 5% equity contingent on the fact that she creates a low fat and low carb version. On the flip side, Kevin offered $800,000 as a loan at 9% interest over the next three years, plus 8% equity with no contingency.

Jessica shared that she wasn’t interested in a loan and was looking for a strategic partner to help guide Peekaboo Organics into the coming years, but the sharks weren’t willing to change their offer. So the vegetable ice cream brand left the tank without a deal.

Since airing onShark Tank, Peekaboo Organics has redesigned its products to make it clear that there are vegetables inside each pint. Additionally, it looks like the vegetable ice cream is available in a lot of big named stores like Kroger and Whole Foods. It’s also for sale on Amazon! When we got more news on a Peekaboo Organics update, we will let you know!

Miami-based startup Peekaboo is developing a range of vegan ice-cream variants to join its line of organic-certified, hidden veggie products targeting kids and adults looking for guilt-free indulgence.

Founded in January this year, Peekaboo has a line of flavored ice-creams, with each 14oz carton containing one 'hidden' vegetable ingredient.

Its strawberry variety, for example, contains carrots; its chocolate flavor cauliflower; and cotton candy variant added beetroot. Available online for $10 a carton and in various retailers nationwide, including Whole Foods, Safeway and Weis Markets, Peekaboo plans to expand its distribution footprint this year as well as broaden its portfolio.

'We have several vegan flavors in the pipeline'​

Jessica Weiss Levison, founder of Peekaboo, said part of this expansion would see the brand stretch into the vegan space.

“We have several vegan flavors in the pipeline, as well as a few favorites with a twist,”​ said Levison, who will be speaking at FoodNavigator-USA's FOOD FOR KIDS summit​​ in Chicago in November.

Asked what the replacement to its organic-certified dairy ingredient would be for the vegan products, she said we would have to “stay tuned” ​but it would certainly still be organic.​

The vegan products, she said, would be available online in the Fall of this year and hit shelves nationwide in the Spring of 2020.

Peekaboo ice cream net worth 2023

'It took a year of tinkering'​

Talking about the current Peekaboo range – a total of five flavors – Levison said the products had taken time to develop.

“It took a year of tinkering to get the flavor profile just right, and then even more time to refine and perfect the texture and consistency.”​

Peekaboo still does its R&D work in Levison's Miami-based scoop shop Serendipity, she said, to get consumer feedback when developing new flavors. However, she added: “You are more likely to see my dad behind the counter these days, as I am off building a hidden veggie empire.”​

The idea to launch a hidden veggie ice-cream brand, Levison said, came after struggling to make mealtime with her own children more nutritious “without drama.​

“In a desperate attempt to get my own kids to eat veggies and tired of looking for that rogue pea that rolled under the sofa in a dinnertime rage, I thought, there has to be an easier solution. Since I have been making ice cream for my Miami-based scoop shop for the last 10 years, I figured I am well-positioned to hack it.​

“The idea struck to slowly sneak increasing amounts of veggies into their ice-cream that would be imperceptible in taste,”​ she said.

Peekaboo's chocolate ice-cream, for example, contains enough cauliflower to contribute 10% of the daily requirement for vitamin A, calcium and riboflavin per serve; the strawberry with hidden carrots 20% of vitamin C daily requirements; and the mint chip with hidden spinach 25% of vitamin a daily needs and 10% iron.

Peekaboo ice cream net worth 2023

So, is the product just for kids?​

No, in short, Levison said. While kids are core consumers – introducing them to the idea that “veggies are approachable” ​– she said the main target consumer group is “the overachieving parent”​ who is choosing products for his or her kids but also“everyone that wants to indulge and feel better about it”.​

“[The product] bridges the gap between what we can't get enough of (ice cream) and what we don't get enough of (veggies),” ​she said.

"Peekaboo makes veggies accessible to all.”​

Interested in developing products for children?​

Join Jessica Levison at our second FOOD FOR KIDS summit​​ in Chicago November 18-20, which features an incredible lineup of speakers from Kraft Heinz, Mondelez, Ocean Spray, and Chobani, to AccelFoods, Yumble, Curion, Freeli Foods, The Clean Label Product, Mattson, Beansprouts, Fresh Bellies, Peekaboo Ice Cream, Ohio State University, William & Mary, Brainiac Kids, Raised Real, Euromonitor, SPINS, KRa, Yummy Spoonfuls, and Serendipity Kids, Full details HERE​. ​

Peekaboo ice cream net worth 2023

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How is peekaboo ice cream doing after shark tank?

Is Peekaboo Ice-cream still in business? Yes, peekaboo ice cream is still in business and has flourished from when the show aired. They have made $3million in sales till now with the help of their 3000 stores.

Who owns Peekaboo Ice Cream?

Meet Jessica Our founder, ice cream pioneer and mom of three had a popular scoop shop in Miami for ten years before developing Peekaboo, which she saw as a more palatable solution to the eternal parenting challenge: feeling good about what you feed your kids.

Is Peekaboo ice cream healthy?

Peekaboo is certified organic and sneaks a daily serving of hidden veggies in every bite! Flavors include chocolate with hidden cauliflower, strawberry with hidden carrot, mint with hidden spina... Nutritious + Delicious = Happy, Healthy Kids!

Where is peekaboo ice cream made?

Surfside, Fla. -based Peekaboo Organics founder Jessica Levison wasn't planning to become an ice cream manufacturer. She was a lawyer before opening a boutique scoop shop in Miami 13 years ago, which became popular for its delicious flavors and creative ingredients.