Yes, Toast-It is still in business and growing under a new name. The Latin food brand’s Shark Tank deal actually closed, a genuine rarity, and the company has used that capital to expand well beyond its original product.
What happened on Shark Tank
The founders, a pair of sisters, struck a deal with Daniel Lubetzky on Season 15 for $150,000 for 20% equity. Unlike many on-air agreements, this one closed successfully.
What the company looks like now
The sisters used the investment to increase production capacity, negotiate lower packaging costs, and reduce ingredient expenses. Toast-It has since rebranded to Kiosco to reflect a broader Latin food focus, expanding its lineup beyond arepas to include pandebono cheese bites and plantain buñuelos. Kiosco products are now sold in national and regional grocery chains including Walmart, Publix, Winn-Dixie, and Whole Foods in certain regions, and the company has grown its team from 2 employees to 10.
Frequently asked questions
Did Toast-It’s Shark Tank deal close?
Yes, Daniel Lubetzky’s $150,000 for 20% equity deal closed successfully.
Is Toast-It still called Toast-It?
The brand has rebranded to Kiosco to reflect its expanded Latin food product line.
Where can you buy Kiosco (formerly Toast-It) today?
National and regional grocery chains including Walmart, Publix, Winn-Dixie, and Whole Foods in some regions.
For more Shark Tank updates, see Talmyn’s Business Case Studies desk.
