Cougar Energy Drinks Shark Tank Update| What Happened to Cougar Energy Drinks after Shark Tank?
What is Cougar Energy Drinks? Who is the founder of Cougar Energy Drinks?
Cougar Energy Drink is a gender-specific functional beverage created by Ryan Custer, a former Texas surveillance analyst, who also runs a consulting company called Custer’s Creations.
The drink is formulated with green tea and noni to provide mature women with energy and support for weight loss and hormone balance.
Custer has devoted the last three and a half years to developing and promoting the product, and is currently living with his parents as he works to establish a market for the product.
The market for energy drinks for women aged 30-55 is worth over $1 billion annually, but is primarily targeted towards younger men, leaving a small market for older women. Custer will face competition from established companies for a limited number of customers.
What Happened to Cougar Energy Drinks at Shark Tank pitch?
On Shark Tank, Ryan Custer pitched his Cougar Energy drink, seeking a $150,000 investment for a 30% stake in his company, which he valued at $500,000.
He presented the “cougar movement” as a recognizable brand and highlighted that he had profited from a pop cultural phenomenon.
However, the Sharks were not impressed and laughed at his pitch. Robert Herjavec questioned the concept of “cougar” and Kevin O’Leary narrowed the market age range, leading Barbara Corcoran to slap him.
The Sharks were pleased with the sales figure of $60,000 but were dismayed to see that it had taken Custer three years to achieve that level of sales.
Daymond John, Barbara Corcoran, Kevin O’Leary, Robert Herjavec and Mark Cuban all went out, leaving Custer without a deal.
What Happened to Cougar Energy Drinks after Shark Tank?
After his unsuccessful pitch on Shark Tank, Ryan Custer struggled to gain traction with his Cougar Energy Drink product.
The negative connotations associated with the name “cougar” and the limited niche market made it difficult for him to gain acceptance among consumers and potential investors.
Despite continuing to sell the product on his website and Amazon, there has been little activity on his social media profiles, indicating that the company has likely seen limited success.
Custer closed the company in 2014 and as of January 2022 he is now a realtor with Pinnacle Realty Advisors in Dallas.
Competitors of Cougar Energy Drinks
The main competitors of Cougar Energy Drinks are; Red Bull and Monster Energy.
Net Worth of Cougar Energy Drinks
It is not possible to determine the current net worth of Cougar Energy Drinks as the company went out of business in 2014.
The company’s valuation was $500,000 during the Shark Tank pitch, but since the company is no longer in operation, its net worth is not available.
Cougar Energy Drinks FAQs
What is Cougar Energy Drinks?
Cougar Energy Drink is the industry’s first and only gender-specific functional beverage. This tea is meticulously prepared with green tea and noni to provide mature, successful, independent women a boost of energy and excitement while also assisting in weight loss and hormone balance.
Who is the founder?
Ryan Custer, a former Texas surveillance analyst, founded Cougar Limited Energy Drink.
How much was seeking on Shark Tank?
He was seeking $150,000 for 30% stake of his company, which is worth $500,000.
Did he have the deal?
No, the deal did not work out on Shark Tank.
Is Cougar Energy Drinks still in business?
No, after the Shark Tank no longer in business, he closed the company in 2014 and is now a realtor with Pinnacle Realty Advisors in Dallas as of January 2022.
Where were they based?
Cougar Energy Drink is currently located in Dallas, Texas.
What are the ingredients?
The Ingredients include: Water, Green Tea Extract, Noni Juice Powder, Citric Acid, Potassium Sorbate (Inhibitor), Calcium Disodium EDTA (Chelator), Natural Flavors.
When was it on Shark Tank?
He appears in episode 312 with his Cougar Energy drink, hoping to persuade the Sharks to invest in his extremely specialized product.
What’s the product?
Cougar Energy Drink is a secret blend of organic ingredients mixed with pure water. It has no calories or sugar and is caffeine-free.
How much does one purchase it for?
Each bottle contains approximately 8-10 servings and costs $19.99 on Amazon.
What ingredients are used in Cougar Energy Drinks?
Green Tea Extract- Green Tea has long been known for its health benefits.
Is Cougar Energy Drinks safe?
Yes, Cougar Energy Drink is safe to consume.
How much caffeine is in each bottle of Cougar Energy Drinks?
There is no caffeine in this drink.
Is Cougar Energy Drinks vegan?
Yes, Cougar Energy Drinks is vegan.
Is it gluten-free?
Yes, Cougar Energy Drink is gluten-free.
What are its nutritional facts?
There are no calories in a serving; however, there are 140 mg of caffeine, 15 grams of carbohydrates and 10 grams of sugar thanks to the artificial sweeteners used in the blend.
Is Cougar Energy Drinks safe with alcohol?
Yes, Cougar Energy Drink is safe with alcohol.
How does Cougar Energy Drinks work?
Cougar Energy Drink works by converting fat to lean muscle, boosting metabolism and suppressing appetite.
What is Cougar Energy Drinks’ Return Policy?
Cougar Energy Drink offers a 100% satisfaction guarantee.
Where can I buy Cougar Energy Drinks?
Cougar Energy Drink can be found at Amazon and in select stores nationwide.
What are the benefits of Cougar Energy Drinks?
It has no calories or sugar and is caffeine-free.
How do I pay for Cougar Energy Drinks?
Customers can pay for Cougar Energy Drink with Amazon Pay.
What is the net worth of Ryan Custer?
Ryan Custer has an estimate net worth of $3 Million.