How much is SmartSweets worth?

Bosch went into the den with an ask of $100,000 for 10% of SmartSweets, a valuation of one million. Bosch received offers from all dragons, and the valuation was doubled to two million, accepting an offer from Jim Treliving.

Why are smart sweets so expensive?

As for the price, SmartSweets says it uses the highest-quality ingredients and a specialized manufacturing process, which drives up the price.

Where is Tara Bosch from?

British Columbia
The British Columbia native sold the gummies from her car and cold-emailed Canadian retailers. By the next summer, a Thiel Fellowship had lured her to drop out of the University of British Columbia and her gummies were already selling across Canadian shelves.

Where are sweet smarts made?

Canada
SmartSweets are manufactured in Canada, with the brand promise of using no sugar, sugar alcohols or artificial sweeteners. “Every ingredient we use is non-GMO, always real and never artificial,” Bosch said. “Our products do not have gluten and are allergen friendly.

Did Tara Bosch sell SmartSweets?

Bosch rebranded to SmartSweets in December 2015. Dragon’s Den, Canada’s version of Shark Tank, featured the candy company in their season 12 premiere episode. Bosch secured a deal for $100,000 for a 5% stake in the company. TPG Growth acquired SmartSweets for $360 million in 2020.

Who bought SmartSweets?

TPG Capital
SmartSweets has reportedly been acquired by TPG Capital for $360 million. TPG Growth has reportedly acquired SmartSweets for $360 million after the Canadian low-sugar confectioner generated about $100 million in sales this year, multiple sources told me.

Are SmartSweets bad for you?

What Smart Sweets Aren’t So Good For. If you feel guilty eating regular candy and want to choose this instead so you can “be good.” Consumption in too large of quantities due to the high amount of fiber. Some may have stomach issues if they consume too much fiber in one sitting.

Do SmartSweets spike blood sugar?

They taste good but they spike blood sugar. I wanted to love these but after eating a few bags I started think they were too good to be true so I ran a test. I tested my blood glucose this morning upon waking and it was 89.

What is Tara Bosch doing now?

Tara Bosch is on a mission. The 23-year-old founder and CEO of SmartSweets wants to kick sugar, keep candy and create a food movement based on smaller portions, and smarter choices.

How long does it take SmartSweets to ship?

Orders are currently taking 2-3 business days to fulfill and then 1-5 business days to deliver, depending on where you live. You will get a tracking number in your inbox as soon as your #KickSugar candy is on its way to you!

Why did SmartSweets change?

We’ve evolved our recipe to use a different combination of fibers and this has impacted the nutritional stats. All SmartSweets – regardless of the recipe – fall below 6 grams of sugar and deliver a healthy amount of fiber, making SmartSweets a radically better alternative to traditional candy!

Are SmartSweets good for you?

Smart Sweets are sweetened with chicory root and a small amount of stevia, so the ENTIRE BAG contains only 2 grams. Your whole day’s fiber. Not only do these gummies curb a sweet tooth, but they’ve got 96 percent of your daily fiber — as much as SIX servings of veggies. This makes them filling and great for digestion.