OatMeals: What Happened After Lori Greiner $500k Shark Tank Deal

The food retail company OatMeals started as a build-your-own oatmeal bar in Manhattan. Each dish is sold for $4.25 and that’s without toppings like bacon, chocolate chips, truffle oil, and shaved Parmesan, among many others.

The savvy entrepreneur behind OatMeals, Sam Stephens, pitched the business on Shark Tank in December 2018.

[Related: 27 Favorite ‘Shark Tank’ Products at Amazon]

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If you missed us on @sharktankabc in December, you get another chance to watch tonight at 9pm ET on @abcnetwork 🦈 So, be sure to hit that record button. If you’re not a football fan or the game is not going your way, switch over to see @lorigreinershark’s reaction to some #OatMeals 🥄

A post shared by OatMeals (@oatmealsny) on Feb 3, 2019 at 8:17am PST

Sam went into the Tank seeking an investment of $500,000 in exchange for 20 percent equity. She accepted an offer from Lori Greiner: $500k for 33.3 percent. Greiner has had great success with NYC bagel bites company Bantam Bagels, which she helped get onto the shelves of Starbucks and reach $40 million in sales.

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OatMeals turns 8 years old today! It’s kind of a bittersweet celebration because of the challenges in the world right now and how hard hit we have been in the restaurant industry, specifically in NYC. We love being here for our community and are excited to see more and more of our customers returning every day. At the heart of our operation is our passion for oatmeal and that’s what inspired @chefsamstephens to open the shop. We love that we have transformed a lot of non oatmeal lovers into die hard oatmeal fans! We are so inspired by our customers, family, and friends every day and are looking forward to converting some more of you into major oat enthusiasts in the days ahead! Thank you for your support.

A post shared by OatMeals (@oatmealsny) on Jun 27, 2020 at 5:57am PDT

After having to close shop during the COVID-19 outbreak in New York City, OatMeals has re-opened its Manhattan shop and recently celebrated its 8th year in business anniversary. And yes, Sam is still a spokesperson for Quaker Oats!