Jackson's Honest

Jackson's Honest

Deal

snack foods made with coconut oil

Season 9 · Ep 2Food & DrinkAired October 1, 2017

Jackson's Honest is a snack foods made with coconut oil that got its big break on Shark Tank in Season 9, and convinced Rohan Oza to invest.

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From the show

The Shark Tank pitch

$1.3M
Asked for
5%
Offered equity
$25M
Sought valuation
$1.3M
Deal amount
15%
Deal equity
$8.3M
Deal valuation

The team stepped onto the carpet in Season 9, Episode 2 in the episode that aired October 1, 2017. Jackson's Honest, the snack foods made with coconut oil, pitched in the Food & Drink category, one of 318 food & drink businesses to brave the Tank across all 17 seasons.

The ask was $1,250,000 for 5% of the company, an implied valuation of $25M.

Rohan Oza made the deal at $1,250,000 for 15% equity. That priced the company at $8.3M, a haircut from the $25M the founders walked in asking for, which is how negotiations in the Tank usually go.

Season 9 saw 96 pitches, and 65 of them closed a deal on air. In the Food & Drink category overall, roughly 61% of pitches have landed a shark across the show's history.

Rohan Oza$1.3M

Is Jackson's Honest still in business?

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Frequently asked questions

Where can I buy Jackson's Honest?

Check current price and availability on Amazon. Note that some Shark Tank products are discontinued or sold under a new name.

Did Jackson's Honest get a deal on Shark Tank?

Yes. Jackson's Honest closed a deal for $1,250,000 in exchange for 15% equity, with Rohan Oza.

Which shark invested in Jackson's Honest?

Rohan Oza invested in Jackson's Honest ($1,250,000 total as aired).

What season of Shark Tank was Jackson's Honest on?

Jackson's Honest appeared in Season 9, Episode 2, which aired October 1, 2017.

How much was Jackson's Honest asking for on Shark Tank?

The founders asked for $1,250,000 for 5% of the company, a $25M valuation.

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