3 brothers used this deck to pitch their healthy energy drink on ‘Shark Tank.’ 8 months later, the company was worth $50 million

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shark tank kitu lifeScreenshot/ABC

Kitu Life was born just over three years ago, in Jordan DeCicco’s college dorm room.

DeCicco was a basketball player looking for a more nutritious alternative to energy drinks. His older brothers, Jim and Jake, had also been college athletes and could feel his pain.

The siblings put their heads together and came up with Super Coffee: a bottled coffee drink made with Colombian coffee, lactose-free protein, and MCT oil from coconuts.

Since then, Kitu Life (formerly known as Super Coffee) has made big strides.

In February 2018, the founders’ appearance on "Shark Tank" aired on national TV. And while they didn’t land a deal, they previously told Business Insider that the show gave them publicity and a chance to nail their pitch for future investor meetings.

The company brought in over $1 million in revenue in 2018. In November of that year, after closing their Series A round, they were valued at about $50 million. Kitu Life products — which include Super Coffee and Super Creamer — are sold in Wegmans, Whole Foods, and Fairway.

On "Shark Tank" and in subsequent pitch meetings, the Kitu Life founders used a 23-slide pitch deck that covers their back story, what makes them special, and their financials. (Kitu Life said they tweaked the deck for each meeting.)

Here’s the pitch deck Kitu Life used:

Kitu Life

Kitu Life

Kitu Life

See the rest of the story at Business Insider

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SEE ALSO: I’m a ‘Shark Tank’ superfan who’s always dreamed of being on the show. Here’s what it’s like to join 600 hopefuls in an open casting call for the hit series.

Source: Business Insider – slebowitz@businessinsider.com (Shana Lebowitz)

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