Paige Hansen developed BAM to provide individuals with a healthy and sustainable alternative to dairy milk. She noticed how individuals were increasingly opting for plant-based milk for optimal health. Paige sought to ensure that the milk was healthy as well as for the environment. BAM milk is produced from buckwheat. Buckwheat is a gluten-free and highly nutritious crop.
BAM has three flavors of milk: Original, Hint of Vanilla, and Extra Creamy. The milks are vegan, dairy-free, soy-free, and gluten-free. They contain no artificial flavors or oils. BAM wishes to provide people with healthier lives. Paige appeared on Shark Tank seeking $250,000 in exchange for 10% of her business. She presented a solid pitch. Will the entrepreneur get a deal on Shark Tank? Check out the BAM update to find out!
In our BAM update research, Since appearing on Shark Tank BAM continues to operate. Paige did not receive an offer from any of the sharks. She had already taken major strides, though. BAM’s products debuted in Whole Foods. BAM was also going to collaborate with a big retailer in 2025. Through this collaboration, BAM will be able to manufacture its milk in greater quantities.
This will reduce the costs of manufacturing by as much as 60%. With these shifts, BAM anticipates larger profits. The company has an estimated valuation of $2.7 million in 2024. Paige continues to build her business without a deal from Shark Tank.
In terms of the BAM update, No, BAM did not receive a deal on Shark Tank. Paige Hansen offered her business for $250,000 for 10% equity. The sharks were not impressed. Kevin O’Leary did not enjoy the flavor of the milk. He chose not to invest. Mark Cuban did not enjoy the flavor either. He said Paige should concentrate on creating a solid community. But he too declined the deal.
Lori Greiner did not think that BAM was a good investment opportunity for her. Daymond John believed the company was too early stage to invest in. Lastly, the guest shark, Rashaun Williams, also decided not to make a deal. Even though BAM didn’t make a deal, Paige was positive and set her sights on expanding her business.
BAM Net Worth Shark Tank Update 2025
Paige was looking for an investment of $250k in exchange for 10% equity in BAM. At the time of the episode, she valued her company at $2.5 million. Paige did not secure a deal on the show. After the show was aired, the company experienced a good boost in exposure. As per my rough estimate, the current net worth of BAM in 2025 is around $2.7 million.
Paige Hansen is the CEO of BAM. She founded the company in 2021. Paige has a journalism background. She worked for media firms such as KPIX and NBC News. Paige also worked at Participant Media, CBS, and Cheddar. She previously worked at Farmshelf. She was their Head of Sales and Marketing. Paige’s sales and marketing experience came in handy when she founded BAM. She came up with the concept of BAM due to her interest in developing a healthier and sustainable alternative to dairy milk.
She aimed at assisting individuals who were opting for plant-based diets. Paige encountered numerous challenges when she was creating BAM. She faced the challenge of identifying a quality product that would be distinct from other plant-based milks. She opted for buckwheat since it is a healthy and environmentally friendly crop. Her other challenge was financing enough to get her company up and running.
She did this by securing $250,000 in a convertible note. That capital kicked her to get BAM running. Paige’s greatest challenge was getting customers to taste her product. She realized that people’s perception of the taste of the milk was essential. She wanted to make them like it if she had to.
Initial Pitch
When Paige presented BAM on Shark Tank, she requested $250,000 for a 10% stake in the company. She discussed the nutritional value of buckwheat and why it is a good ingredient for producing milk. Paige showcased three flavors of BAM’s milk: Original, Hint of Vanilla, and Extra Creamy. She described that the milk is vegan, dairy-free, soy-free, and gluten-free. She also added that it does not contain any artificial flavors or oils.
The cost of BAM’s milk varied between $8.29 and $10.99 per bottle. Paige reported that BAM had sold $50,000 worth of goods within a few months. Paige stated that it cost her $2.94 to produce one bottle of BAM milk. She sold a bottle to distributors for $4.95. The sharks appeared worried when Paige announced that BAM was yet to break even. She stated that the business was losing $12,000 a month.
Paige projected $200,000 in 2024 revenue. The sharks questioned how BAM would expand. They were wondering about the demand for plant milk and how Paige would drive up sales.
The sharks questioned a lot during the pitch. Kevin O’Leary spoke first. He inquired about the taste of BAM milk. Paige told him that the milk was smooth. She said it was an excellent substitute for individuals who needed dairy-free milk. Kevin tasted the product and did not enjoy the taste. He chose not to invest. Mark Cuban also inquired about the taste. Paige clarified that she was concentrating on having people taste the product.
Mark did not like the taste as well. According to him, Paige should work on creating a solid community of people around the product. But he also declined to invest. Lori Greiner inquired about the price of the product. Paige clarified that BAM was still working out how to bring down the costs of production. She informed us that the company was planning collaborations that would make manufacturing cheaper.
Daymond John inquired about the growth potential of the brand. Paige described that BAM was just beginning. She intended to expand the brand by distributing it more in-store. Rashaun Williams, the visiting shark, inquired about the demand for plant-based milk. Paige told us that the demand for plant-based milk was growing rapidly. But Rashaun still wasn’t sure to invest. He chose to pass too.
Shark’s Responses and Final Deal
The sharks didn’t make an offer to BAM. They didn’t believe BAM had enough traction at this point to invest in it. They didn’t like the taste of the product. They also didn’t think the company was investment-worthy yet. Kevin O’Leary didn’t enjoy the taste. He told them it was difficult for him to invest in something he didn’t like. Mark Cuban concurred that the taste was an issue.
He advised Paige to concentrate on creating a robust community for the product. But he also chose not to invest. Lori Greiner did not think the product was a good fit for her. She told Paige that it was a gamble. Daymond John thought the company was too new and did not have sufficient growth yet. He declined the offer. Lastly, Rashaun Williams, who invests in drink companies, also declined.
He told Paige that he was not ready to invest in BAM at this point. Without any offers from the sharks, Paige walked out of Shark Tank without an investor.
The principal cause BAM didn’t get a deal was due to the taste. Kevin O’Leary and Mark Cuban both stated that they didn’t enjoy the taste of the milk. They considered the taste as the most significant determinant of whether the product would be successful. Another cause was that the business was in the early stages. The sharks believed that BAM required more time to develop before it could be invested in.
The business was also losing a significant amount of money every month. This concerned the sharks. They did not believe that BAM would make money soon.
Product Availability
BAM’s product is found in stores such as Whole Foods. The company has also scheduled a big partnership with a retailer in 2025. This partnership will enable BAM to produce more milk at a reduced cost. BAM’s milk comes in three flavors: Original, Hint of Vanilla, and Extra Creamy. It is vegan, dairy-free, soy-free, and gluten-free. You can purchase BAM milk online and in retail stores.
The cost of a bottle varies from $8.29 to $10.99. Alternatively, you may go to the website of BAM for further information and to buy the product directly.
Conclusion
BAM’s experience on Shark Tank did not result in a deal. Yet, the company continues to grow. BAM has already rolled out in Whole Foods. The company is in the process of cutting its manufacturing expenses. This will serve to drive profits higher. Paige is concerned with expanding the brand and bringing in more customers. Although she did not receive a deal, she is confident about the future.
Hi! I’m Fatima Muhammad, a writer with a passion for international relations, strategic analysis, and global affairs. As a bachelor’s student in International Relations, I love exploring geopolitical trends, economic policies, and global power shifts. I specialize in breaking down complex topics into clear, engaging content that informs and sparks discussions. As someone who enjoys both business strategy and great storytelling, one of my favourite shows is Shark Tank. I love the show from the bold ideas to the unexpected deals. Beyond writing, I have a creative side I enjoy graphic design and storytelling, which helps me bring a unique perspective to my work.
