1/12/2024 0 Comments Shark tank beatbox drinkKatherine Fan, 29, a 2008 graduate from UT Austin, is one customer who heard of BeatBox through a friend at a party. We sell direct to consumers in 20 states, and we’re trying to get permits to be sold in stores in other states.” “We actually have a ‘ Shark Tank Special’ online. “Right now we’re selling a lot,” Fenchel said. The goal of the company is to expand and distribute more product to various states by March 2015. Next month, BeatBox Beverages will be sold in Oklahoma. “It has been a pretty surreal experience,” Fenchel said. Recently, BeatBox gained national recognition on ABC’s show Shark Tank when Mark Cuban invested $1 million for ownership of a third of the company.įenchel said the company has received e-mails from 35 states and about 20 countries, including South Africa, China, Canada and Belize, that all want to distribute their product. When their first store opened in March 2013, the company immediately emerged as a strong competitor, according to Business Insider. Box wine is incredibly popular…so we figured there had to be an opportunity.”Īccording to Fenchel, what differentiates BeatBox from other boxed wine companies is that BeatBox does not taste like wine, but more like a vodka mixed cocktail. “We wanted to market a better mixed drink in a box. We would see it at parties, but we did not know why we were still buying it,” Fenchel, CEO of BeatBox Beverages said. “The BeatBox founders were all tired of drinking the same old boring box wine. After working as an equity analyst for five years, Fenchel founded BeatBox Beverages in late 2011 with his friends and co-founders Aimy Steadman, Brad Schultz, Dan Singer and Jason Scheick. New episodes of Shark Tank (Season 9) air Sundays at 9pm on ABC.CEO and founder of BeatBox, Justin Fenchel has a background in finance and is a graduate from UT Austin’s McCombs School of Business. Mark Cuban recently went on Dyrdek’s TV show Ridiculousness to help promote BeatBox. BeatBox is currently working with celebrity entrepreneur Rob Dyrdek (host/star of MTV’s Ridiculousness) who is helping the company with a “huge packaging overhaul” so BeatBox will appeal to all demographics (21 and older). The BeatBox MixTape is a resealable 500ml package available in two flavors, Fruit Punch and Blue Razzberry, and sold for under $3.50. Since Shark Tank, BeatBox has used Cuban’s investment to expand distribution (it’s now available in Krogers and Ralphs grocery stores across the U.S.) and to launch a single-serve boxed beverage. On the show, they accepted a $1 million investment from billionaire Mark Cuban in exchange for 10 percent equity. Originally designed with millennials in mind, the colorful product is also know as “portable party punch.” The three young founders of BeatBox – Justin Fenchel, Brad Schultz, and Aimy Steadman of Austin, Texas– pitched their beverage business on Shark Tank in 2014. Cardi B Says She Hit Jackpot With $30,000 Chanel Slot Machine BagīeatBox founders on Shark Tank, 2014 (ABC photo)īeatBox Beverages is the company that sells wine-based punch in a box.Christian Louboutin Reveals 3.5″ Spring Mules With ‘Vibrant Red’ Nail Polish.Ice-T’s Wife Flaunts Brand New Range Rover With Front Seat Refrigerator.First Out Gay Movie Superhero Surge Speaks on Humor, Responsibility.Video: The Speech Ring Inventor on Overcoming Fear of Public Speaking.Do Cranberries Really Help UTI? A Doctor Answers With New Evidence.Wendy’s New Riddle Stumps Social Media - “Chili in Philly?”.Are Dark Chocolate Fears Overblown? Cadmium, California, and “Ouch, Ouch” Disease.Jennifer Garner Reveals Her Favorite ‘Dry January’ Treat at Home.Roger Federer Admits Funny Flaw After Playing Tennis with Kate Middleton.Smith Wants A Word With “Haters” After ESPN Firings James Harden Parties with Joel Embiid Amid Trade Rumors - 76ers Fans React.Julianne Hough Stuns in Sheer Mesh Dress at Party, ‘Dirty Dancing Moment’.Chelsea Handler Bartends at Springsteen Concert, ‘Didn’t Expect John Kerry’.‘Yellowjackets’ Star Samantha Hanratty Poses Topless, ‘Best Choice For Myself’.BlackRock CEO Says $50 Trillion Needed For Complete Change.Elon Musk’s Model Mom Celebrates “First Woman In Dubai To Drive A Car”.Twitter’s New CEO Won ‘2022 Women Of The Year’ Award - “Uncanny Ability”.Texas Senator Slams Ted Cruz For Leaving “Us To Die”.George Santos Accuses Mitt Romney Saying Senator “Better Buckle Up”.Mary Trump Defines “Woke” For Uncle Donald In 3 Words.
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