Sap Maple

sap mapleEntrepreneurial cousins Nikita Salmon and Chas Smith want the Sharks to taste SAP Maple, their beverages made from maple and birch sap, in Shark Tank episode 919. Nick's grandparents have been tapping maple trees since the 1950's on their three hundred acre piece of land. Each year, they tap over 12,000 trees. What comes out of the tree is sap, which is then distilled into maple syrup. Nick says he and his cousin grew up drinking the stuff from a bucket!

Chas returned to Vermont after a three-year stint working for  Senator Patrick Leahy's judiciary committee in D.C. Next, he enrolled in the University of Vermont's new Sustainable Entrepreneurship MBA program in 2014. When he and Nick started tossing business ideas around, they came up with SAP. Chas' dad, Charlie, partnered with the two young men and a business was born.

It comes in cans with three different flavors or styles. One is carbonated like soda, one like sparkling water and one is just water. They produce and can everything in Vermont. The guys hope to join the growing market of plant-based drinks such as coconut, cactus, and other maple waters. Soda sales are going flat as consumers look for healthier alternatives.

The guys raised over $450,000 in equity and debt in 2015 to ramp up production. The rest of the start-up cash came from family and friends. They likely want a Shark to help them grow the brand beyond Vermont. Will a Shark tap into this new beverage?

Sap Maple Company Information

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Posts about Sap Maple on Shark Tank Blog

Maple Soda

Sap Maple Shark Tank Recap

Nikita and Chas will pitch the panel of five Sharks on the business and its prospects for growth. They'll need to convince Mark Cuban, Barbara Corcoran, Rohan Oza, Lori Grenier, and Robert Herjavec that the company is worthy of a Shark investment. A good business plan, good financials, and sales data will impress the Sharks, but they’ll need to show them THEY are capable of running the company to “Shark standards.” A full pitch re-cap on Sap Maple will be available on Shark Tank Blog once this episode airs.

Sap Maple Shark Tank Update

The Shark Tank Blog constantly provides updates and follow-ups about entrepreneurs who have appeared on the Shark Tank TV show. Once an episode has aired, we monitor the progress of the businesses featured, whether they receive funding or not and report on their progress. The Shark Tank Blog will follow-up on Sap Maple & Nikita Salmon and Chas Smith as more details become available.

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