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Wondry Wine, backed by Mark Cuban on 'Shark Tank', sees sales skyrocket to $1.1M following 2022 appearance

Their Dallas-based company offers a "premium wine experience" with a 100 per cent natural wine collection and sangria featuring "organic berry, citrus, and exotic fruit extracts."

Wondry Wine, backed by Mark Cuban on 'Shark Tank', sees sales skyrocket to $1.1M following 2022 appearance
Whitney and Chaz Gates, founders of Wondry Wine, have nearly quadrupled their sales since appearing on an episode of "Shark Tank" in 2022. WONDRY WINE PHOTO

Whitney and Chaz Gates, the couple-turned-founders behind Wondry Wine, achieved rapid success after their appearance on "Shark Tank." Their Dallas-based company offers a "premium wine experience" with a 100 per cent natural wine collection and sangria featuring "organic berry, citrus, and exotic fruit extracts."

Mark Cuban, billionaire investor and "Shark Tank" personality, was captivated by their product offerings and invested $225,000 for a 15 per cent equity stake during their November 2022 pitch. Following the episode, the Gates secured a multi-year partnership with Southern Glazer's for beverage distribution, later extended in August 2023.

In an update on the Nov. 3, 2023, episode of "Shark Tank," the Gates said that their sales had more than quadrupled in less than a year after Cuban's backing, generating $1.1 million in revenue over the past 11 months.

Before their "Shark Tank" appearance, Wondry was a local Dallas-based business. However, the national exposure catapulted them into becoming a recognized brand overnight. The Gates credited Cuban for introducing them to Southern Glazer's, facilitating placements in various establishments nationwide, including restaurants, retailers, and airlines. Wondry's products are now available in over 400 stores across the U.S., a significant increase from 50 stores in 2022.

The company's rapid growth necessitated a substantial expansion in production facilities, transitioning from a 1,400-square-foot space to a 10,000-square-foot facility.

In the episode update, Mark Cuban acknowledged the rarity of success for Black winemakers and expressed confidence that the Gates' achievements would inspire entrepreneurs nationwide.

"When you're a Black winemaker, you're a rarity," Cuban noted in the episode. "And as a rarity, their community looks up to them. And you compound that with them being successful and growing so quickly, they're going to be encouraging entrepreneurs across the country."