Kodiak Cakes facts for kids

Kodiak Cakes is a popular brand known for its pancake and waffle mixes. This company started as a small family business. It is based in Park City, Utah, in the United States. Over time, Kodiak Cakes has grown a lot. They now sell many other breakfast foods. These include oatmeal, brownie mixes, and frozen waffles and pancakes. They also offer granola protein bars and fruit syrups.

History

The Kodiak Cakes brand began in 1982. It started as a small business run by a family. In the 1990s, two brothers from the family decided to make their business a formal company. This is called incorporating a business. However, they did not have much financial success at first.

In 2014, the company got a big chance. They were featured on an American TV show called Shark Tank. On this show, entrepreneurs present their businesses to wealthy investors. These investors, called "Sharks," can choose to invest money in the businesses. Kodiak Cakes appeared on the show, but they decided not to make a deal with any of the investors.

Even without a deal, the company's sales grew a lot after the show. Kodiak Cakes became a good example of a company that became successful even without a "Shark Tank" agreement.

In May 2021, a large investment company called L Catterton bought most of Kodiak Cakes. This means L Catterton now owns the majority of the business.