Nana Hats Net Worth Shark Tank Update 2025

Bananas are one of the most popular fruits around the world, but they often spoil really quickly. If you’ve ever bought a bunch of bananas, you might have noticed how they can turn brown and mushy in just a few days. This can be frustrating because it means you’re wasting money and food, and you have to keep buying new bananas.

Sean Adler, the guy who created  Nana Hats, had the same problem at home. He saw how fast bananas went bad and wanted to find a way to keep them fresh longer. His idea was  Nana Hats —cool little silicone caps that fit over the ends of bananas. These caps have fun designs and help slow down the ripening process by blocking ethylene gas, which is the natural gas that makes fruits ripen faster. So, by using Nana Hats, you can keep your bananas fresh for a longer time!

Sean went on the TV show  Shark Tank to show off his product. He asked for  $150,000  in exchange for 10% of his business. The Sharks, were interested in his idea because it was simple and could be a big hit in stores. After some back-and-forth with the Sharks, he made a deal with Lori Greiner and Peter Jones, who agreed to give him the money in exchange for a bigger share (20%) of his company. This shows how they believed in his product and thought it could be successful!

Nana Hats Net Worth Shark Tank Update 2025

Sean was looking for an investment of $150k in exchange for 10% equity in the company. At the time of the episode, he valued his company at $1.5 million. Sean successfully secured a deal with Lori Greiner and Peter Jones for an investment of $150k for 20% equity in the company. The investment adjusted the company’s net worth to around $750k. After the show aired, the company experienced a good boost in exposure. As per my rough estimate, the current net worth of Nana Hats in 2025 is around $1.11 million.

Shark(s) name	Offer & Demand	Counteroffer	Accepted?
Peter Jones and Lori	$150,000 for 30% equity$150,000 for 20% equity	$150,000 for 15% equity	Yes
Lori Greiner	Partnered with Peter	N/A	N/A
Kevin O’Leary	$150,000 for 10% equity + $1 royalty	N/A	No
Daymond John	Out	N/A	N/A
Mark Cuban	Out	N/A	N/A

Sean Adler Backstory + Their Initial Pitch 

Sean Adler had a problem that many people face: bananas ripening too quickly. If you’ve ever bought bananas and noticed that they turn brown and mushy faster than you’d like, you know how frustrating that can be. Instead of just accepting it, Sean wanted to find a way to keep bananas fresh for longer so he wouldn’t have to waste them.

In 2016, he started experimenting with different ideas to slow down the ripening of bananas. After a lot of testing and creativity, he came up with a clever solution:  Nana Hats! These are special caps made of silicone with crocheted covers that fit over the stems of bananas. The stem is where the bananas release a gas called ethylene, which makes them ripen.

By covering the stem with a hat, Sean figured out that it would help keep the bananas fresh for up to two weeks longer.

He launched Nana Hats in  2020, right when everyone was stuck at home due to the pandemic. Sean started by making  1,500 hats and selling them online and in stores. His business took off quickly, racking up about  $483,000 in sales in 2021, and he expected to make  $600,000 in 2022.

Sean even got the chance to go on a TV show called  Shark Tank, where entrepreneurs pitch their ideas to investors. He brought bananas wearing the hats and asked, “Who wants to help me put hats on all the bananas in the world?” He explained that Nana Hats weren’t just fun but also a smart way to reduce food waste, which means less thrown-away food. His confidence and clear ideas impressed everyone!

Queries + Shark’s Responses, and Final Deal

Lori was curious if Nana Hats could completely block the gases that make fruits ripen. Sean explained that they don’t stop the ripening completely but can slow it down a lot, which helps fruits stay fresh longer. She also asked if Sean had talked to grocery stores about selling his product, and he said he was in discussions with some retailers.

Mark liked the idea of the product but thought it was too small for him to invest in. He said something like, “It’s cute, but I don’t see a huge opportunity here.” This means he didn’t think it would make enough money for him, so he chose not to invest.

Daymond felt Sean was already doing really well on his own and didn’t really need a Shark’s help. He mentioned that Sean had a pending patent  (which means he was trying to protect his idea legally) and good sales numbers. Because of this, Daymond decided not to invest either.

Kevin, who likes to make deals, offered Sean  $150,000 in exchange for 10% of the business plus $1 for every Nana Hat sold.  He thought this way, he would make sure to get his money back. However, Sean wasn’t so sure about giving away a part of his earnings every time they sold a Hat (this is called royalties).

Peter Jones, a special guest Shark, made an offer of  $75,000 for 15% of the company, but he wanted another Shark to join him. Lori agreed to team up with Peter, and together they offered  $150,000 for 30% of the business. Sean thought about it and suggested he would be willing to give up only  15%, but they eventually agreed on  20%  (which means each Shark would take 10%).

Product Availability

Nana Hats are fun and unique food covers that come in various designs, such as animals and holiday themes. You can purchase a two-pack for just $12.99, making them a budget-friendly option that you can use multiple times. Families who want to cut down on food waste by keeping leftovers fresh. Eco-conscious shoppers who prefer not to use single-use plastic wraps. Gift buyers looking for a fun and quirky kitchen item for friends or family.

You can find Nana Hats available for purchase at Their official website, Amazon and Certain gift shops and retail stores.

What Happened To The Nana Hats  After Shark Tank?

Nana Hats is a company that makes fun hats for bananas, and they were featured on a TV show called “Shark Tank.” After their episode aired, a lot of people showed interest in buying these hats, which made their sales go up. On Shark Tank, the company secured a deal with Lori and Peter. 

Nana Hats is still selling its products. You can buy them online from different places like their Official Website, Amazon and other wholesale platforms that help sell products in larger quantities, like Tundra and Faire. The company’s estimated worth (how much it’s valued) is between  $750,000 and $1.11 million. This means the company is doing pretty well!

When people buy hats from Amazon, they leave reviews about their experience. The average rating is 3.4 out of 5 stars. This means some people really like the hats, while others think they don’t fit certain sizes of bananas well.

Conclusion 

Sean Adler created  Nana Hats, a playful and useful product designed to prevent bananas from ripening too quickly. He presented his idea on the TV show  Shark Tank, where he successfully attracted investments from two investors, Lori Greiner and Peter Jones, who together put in  $150,000  for a  20% share of the company.

Although it’s unclear what happened after the show, Nana Hats has continued to expand and build a solid online presence, attracting a dedicated group of customers.

Nana Hats demonstrate that even simple concepts can lead to significant benefits. Whether you’re looking to avoid throwing away overripe bananas or you just enjoy unique kitchen gadgets, Nana Hats is something worth considering.