Shark Tank BRUW Update 2024 | Season 10 (2024)

18 year old entreprenuer Max Feber, pitched his coffee product during Shark Tank Season 10. BRUW is a coffee filter that makes cold brew coffee. Will his pitch leave him drinking up a deal? Find out in our BRUW update and pitch recap.

If you’re short on time, here’s a quick overview of what happened to BRUW after Shark Tank!

Max Feber appeared on Shark Tank Season 10, and ultimately made a deal with Mark Cuban for $50,000, and 30% equity in his company. In terms of a BRUW update, the company was eventually acquired by another Shark Tank company, Snarky Tea. The sale went through in 2020.

Shark:Result:
Mark CubanAccepted deal for $50,000 for 30% equity
Daymond John$50,000 for 30% equity
Kevin O’Leary$50,000 for 50% equity
Robert HerjavecNo offer
Lori GreinerNo offer

Shark Tank BRUW Update 2024 | Season 10 (1)

  • Entrepreneurs: Max Feber
  • Business: Cold Brew Coffee
  • Ask: $50,000 for 25% equity
  • Result: $50,000 for 30% equity
  • Sharks: Mark Cuban

Founder of BRUW, Max Feber, loves cold brew coffee. Because it brews in cold water, instead of hot, it doesn’t extract as much acidity, leaving the coffee sweeter and smoother.

The only problem is, cold brew coffee makers can be expensive. When Max tried old fashioned ways of cold-brewing, they didn’t work either, so that’s when he invented BRUW.

The BRUW is basically a coffee filter, but not the traditional kind. To make cold brew coffee using the BRUW, you essentially just fill a mason jar with water, then add your coffee grounds.

Screw on the BRUW coffee filter lid, then let it sit in your fridge overnight. The next morning, screw another mason jar onto the top of the BRUW, flip it over, and watch as your cold brew coffee filters from the original jar, to the new one.

Your cold brew is then ready to drink and enjoy, all without an expensive machine.

Max explained to the sharks that his best-selling product was the BRUW Cold Brew Coffee Filter, which retails for between $15-$20. Every unit costs $4 to manufacture, but Max is confident he can get that down to just under $2 per unit in the future with additional scale orders.

While the product is currently only being sold online, Max explained to the sharks that he was hoping to utilize their guidance to get into big-box retail.

Kevin O’Leary asked about sales numbers over the past year. Max said that the company managed to do $50,000 in revenue during the last calendar year, and is currently on a trajectory to double at the time of his pitch on Shark Tank.

After hearing the sales numbers, and learning a little bit about Max’s background, Kevin decided to offer him $50,000 for 50% equity in his company.

Lori Greiner decided to drop out because she wasn’t comfortable investing in this type of product.

Daymond John was interested, so he eventually made an offer of $50,000 for 30% equity. That said, he would prefer to take the product down a pathway of licensing.

Mark Cuban made an identical offer, but wanted to focus on keeping the current margins. He also wanted to use the money for advertising.

It didn’t take very long for Max to accept Mark Cuban’s offer, which ultimately wasn’t very far off of his asking investment anyways.

Did Mark finally help Max to reach his business goals for his company? Keep reading our BRUW update to find out what happened following Shark Tank!

Let’s shift to taking a look at the BRUW update after Shark Tank. The company eventually finalized and completed the deal with Mark, which was a great thing for Max.

Following the deal, he was able to expand his product line, and offer a variety of different drinks that customers could buy through his website.

After a few years, the company was sold to Snarky Tea in April 2020. Snarky Tea happens to be another Shark Tank Company, that Mr. Wonderful himself invested in.

That said, a quick look at the Snarky Tea website, shows that the BRUW isn’t currently available for sale.

Despite this, it seems that selling his entire company was a success story for Max Feber, who always dreamed of being an entrepreneur and coming on Shark Tank.

With the company being sold and Max making a profitable exit, we’d call this BRUW update a success! However, this will be our final BRUW update.

You can find the other company updates from Season 10 here:

  • Moki Doorstep Update
  • Sproing Fitness Update
  • Tush Baby Update

For even more on companies and products, be sure to stop by our Season 10 products page!

Andrew Smith

Website | + posts

Andrew Smith is the founder and owner of Shark Tank Recap. He is a longtime Shark Tank fan that has been watching it for years and has seen every episode multiple times. His friends know him as the Shark Tank expert, because he can answer any question about the show! His favorite Shark Tank products are Bertello's pizza oven and Bug Bite Thing!

Shark Tank BRUW Update 2024 | Season 10 (2024)

FAQs

How much did Bruw sell for the Shark Tank update? ›

It was clear to viewers that Max's youth, determination, and entrepreneurial spirit inspired the Sharks and Max ultimately accepted a deal with Mark Cuban for $50,000 for 30% equity in BRUW.

Where is Bruw from Shark Tank now? ›

He won over Mark Cuban, who offered Feber $50,000 for a 30% stake. The BRUW brand is still in existence today and has experienced plenty of growth, together with an acquisition by a tea company.

Did Bruw coffee sell to snarky tea? ›

Feber turned to Cuban for advice, and Cuban simply replied, "Max, I support you no matter what, don't worry." It seems that their special connection really did pay off in the end, and Snarky Tea officially acquired BRUW. "Exiting BRUW was the biggest sigh of relief," Feber later reflected.

Who is the CEO of Bruw? ›

Max Feber '21 has been working on his cold-brew coffee startup company BRUW since he was a high school sophom*ore. He's grown the company during his time at Babson, taking it all the way to Shark Tank, where he landed a deal with Mark Cuban.

Who was offered $30 million on Shark Tank? ›

Three years later, Kang feels zero regret for her decision to pass on the Shark's tantalizing offer. It was the largest offer in Shark Tank history. Mark Cuban offered Arum Kang $30 million for her dating app Coffee Meets Bagel.

What is the most successful Shark Tank reject? ›

Ring. One of the most notorious (and successful) Shark Tank rejects started as a video doorbell name Doorbot. After a famously tepid reaction from the sharks, Amazon later bought the company for a deal worth nearly $1 billion.

Who closed the most deals on Shark Tank? ›

Billionaire Mark Cuban, who closed 54% of the 37 deals we tracked, invested in more than double the number of companies as other investors.

Which Shark Tank business failed? ›

What Shark Tank deals have failed? ToyGaroo, ShowNo Towels, Sweet Ballz, Body Jac, CATEapp, Breathometer and You Smell Soap are some of the companies that went through Shark Tank and later on shut down.

Who is the CEO of snarky tea? ›

Jenni-Lyn Williams - CEO - Snarky Tea, LLC | LinkedIn.

Was snarky tea on Shark Tank? ›

In 2017 Jenni-Lyn served her teas to the sharks on Shark Tank and walked away with two investors, Kevin O'Leary and Bethenny Frankel.

What coffee company was on Shark Tank? ›

MistoBox, a company that delivers amazing coffee from roasters across the country to your door, first appeared on Shark Tank in May of 2013. MistoBox originally started as a school project and upon graduation MistoBox co-founders Connor and Samantha soon found their way into Shark Tank.

Who is the owner of the good brew company? ›

Dean O'Callaghan (aka Deano Goodbrew) is an ecopreneur and CEO and Abundance Generator for The Good Brew Company, which specialises in the sustainable brewing of living probiotic beverages using solar power, spring water and certified organic ingredients.

Who is the founder of Brew Thru? ›

The vision for the Brew Thru experience began in the mid-70s when Dana and Becky Lawrentz, originally from Ohio, decided to open a drivethrough store on the Outer Banks. Dana and a buddy came down together with a little bit of savings and a loan to construct the original Brew Thru in Nags Head.

Who is the CEO of Brew tea Company? ›

Overview. Aideen Kirby is the CEO at Brew Tea Co.

How much did Lori make from Shark Tank? ›

We do know that she makes an estimated $1.1 million for a 22-episode season of Shark Tank and about $5 million per year from her retail business (the one she founded when she invented her very first product).

What is the most successful company that went on Shark Tank? ›

1. Bombas. Bombas, a sock company that now also makes bras and t-shirts, came to the minds of co-founders David Heath and Randy Goldberg when they learned that the number-one most-requested clothing item in homeless shelters was socks.

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