Shark Tank Pitch

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Saucemoto Shark Tank Update

2m

Travel Auto


Pitch Overview
NameSaucemoto
Main PresentersTony Lahood, William Moujaes, Michael Koury
Order Shown in Episode3
Final DealDeal was made on the show with sharks Kevin O'Leary for $45,000 for 25%.

Saucemoto Shark Tank Pitch

Tony Lahood, William Moujaes, and Michael Koury appeared on Shark Tank Season 10, Episode 22, which aired on May 5, 2019, with In-car sauce/dip clip for avoiding spills.

Saucemoto is listed in the Travel Auto category. In plain terms, the business is described as In-car sauce/dip clip for avoiding spills.

Saucemoto asked the Sharks for $45,000 for 15%, implying a valuation of about $300,000.

On the show, Saucemoto made a listed deal with Kevin O'Leary for $45,000 for 25%.

If treated as straight equity, the listed deal works out to about $180,000 implied valuation, down from the original $300,000 implied valuation.

This pitch is included as context for the more important question: what happened after Shark Tank.


Offers

Made ByLabelSharks Part of DealSummary
CompanyOffered$45,000 for 15%
SharksDealKevin O'Leary$45,000 for 25%


Updates in Shark Tank Episodes

Update SeasonUpdate Episode
No Episode Updates

Saucemoto After Shark Tank

Saucemoto accepted an on-air Shark Tank deal for $45,000 for 25%, but later updates say the deal did not close. (SauceMoto Shark Tank Update

Link Preview

SauceMoto Shark Tank Update

https://www.sharktankblog.com/business/saucemoto/

).

The product sells on Amazon and on the company website and the fellas are continuing their crusade to leave ketchup-less fries behind! (SauceMoto Shark Tank Update

Link Preview

SauceMoto Shark Tank Update

https://www.sharktankblog.com/business/saucemoto/

).

By December 2022, the company is alive and kicking with $250,000 - $500,000 in revenue. (SauceMoto Shark Tank Update

Link Preview

SauceMoto Shark Tank Update

https://www.sharktankblog.com/business/saucemoto/

).

The current brand site points customers to www.saucemoto.com. (Saucemoto website

Link Preview

Saucemoto website

https://www.saucemoto.com

).

Sources

Sources used for this page: Shark Tank API pitches

Link Preview

Shark Tank API pitches

https://www.sharktank-api.dev/pitches

, Shark Tank API episodes

Link Preview

Shark Tank API episodes

https://www.sharktank-api.dev/episodes

, sharktankblog.com

Link Preview

sharktankblog.com

https://www.sharktankblog.com/business/saucemoto/

, saucemoto.com

Link Preview

saucemoto.com

https://www.saucemoto.com

.


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