Curie Deidorant Shark Tank Net Worth-What Happened After Shark Tank?

Curie Deidorant Shark Tank Net Worth

Curie Body Care is a deodorant company that appeared on Shark Tank Season 13 in 2022. The founder, Sarah Moret, asked for $300,000 for 5% equity and ended up accepting $300,000 for 10% equity plus 4% in advisory shares from Mark Cuban and Barbara Corcoran.

With a $300,000 investment ask in exchange for a 5% equity the founder valued her company at an estimated $6 million. 

After Mark and Barbara’s investment in Curie,  the company’s updated valuation estimate was reduced to about  $3.5 million

Before appearing on Shark Tank, Curie’s body products were already sold in over 300 stores nationwide including Nordstrom, Anthropologie, and fitness gym Soulcycle.

After the episode aired, Curie experienced an increase in sales and their inventory sold out within three days. In October 2022, the product became available in more than 400 stores nationwide and has since done $1.6+ million in sales as of November 2022.

After appearing on Shark Tank, Curie experienced an increase in sales. According to sharktanktalks.com, the company did a total of $1.6+ million in sales as of November 2022. The same article reports that all of Curie’s inventory got sold out within three days after the episode aired.

What Is A Curie Deidorant? Who Is The Founder Of Curie Deidorant?

Curie is a brand that offers clean, effective, and aluminum-free deodorants. They use ingredients like sage oil, triethyl citrate, baking soda, witch hazel, and probiotics to make their products. Curie’s deodorants are free from aluminum, parabens, and phthalates.

They offer both stick and spray deodorants that are zero-residue and non-aerosol. Curie also offers other body care products such as hydrating hand sanitizer, whipped body wash, clay detox mask, body oil, and candles.

In summary, Curie is a brand that offers clean and effective aluminum-free deodorants made with natural ingredients. They also offer other body care products such as hand sanitizer, body washes, masks, oils and candles.

The founder of Curie deodorant is Sarah Moret. She started the company in 2018 after being unable to find a safe, natural and effective deodorant without aluminum.

She began Curie as a side hustle while working in venture capital, and it has since grown to include four body care products: a solid deodorant, a spray deodorant, a moisturizing hand sanitizer and a clay detox mask.

Curie is now sold online and in more than 300 stores nationwide, including Anthropologie and Nordstrom.

What Happen To Curie Deidorant At The Shark Tank?

Sarah Moret, the founder of Curie Deodorant, appeared on Season 13 of Shark Tank in March 2022. She sought $300,000 in exchange for 5% equity.

Sarah Moret disclosed during the pitch that Curie had made $125,000 in sales during its first year of operation, but the company had not yet achieved profitability.

In 2020, Sarah secured $1 million through a convertible note, which made the sharks somewhat uncertain. Nonetheless, by the end of the year, Curie was projected to reach $2 million in sales.

The first shark to exit the pitch was Kevin O’Leary, who recognized Sarah as a force to be reckoned with, but acknowledged that it wasn’t his area of expertise. Mark Cuban also withdrew his interest, as he had concerns regarding the business model.

On the other hand, Barbara Corcoran believed that the company had raised funds prematurely. She deemed this to be a “fatal mistake” and thus decided not to invest.

Lori inquires about the lab testing, but the company hasn’t conducted any; instead, the ingredient manufacturers have carried out the testing. Kevin declines to participate, citing his lack of expertise and inability to contribute.

Mark expresses his hesitation and lack of enthusiasm about the business’s growth prospects, despite its recent launch at Soul Cycle across the country. Sarah, however, is optimistic about the company’s potential and tries to persuade the investors.

Barbara would have been interested in investing, but the business’s rapid growth concerns her. Lori concurs with Barbara and decides not to invest. Daymond is uncertain about investing at first but ultimately offers $300,000 for a 20% stake.

Sarah then counters with a proposal of $300,000 for a 12% stake, which Mark and Barbara consider. Meanwhile, Daymond exits the deal. Barbara believes that Sarah’s last-minute invitation to appear on the show is a good sign.

Mark and Barbara eventually offer $300,000 for a 14% stake, but Sarah counteroffers with $300,000 for a 10% stake plus 4% in advisory shares, which Mark and Barbara agree to.

What Happen To Curie Deidorant After The Shark Tank?

Curie Natural Deodorant Company has been successful after appearing on Shark Tank. As of November 2022, the company has done over $1.6 million in sales and has built its own manufacturing and distribution center.

After appearing on Shark Tank, Curie Deodorant received an investment from Mark Cuban and Barbara Corcoran. The company experienced a surge in sales after the episode aired, with all of its inventory selling out within three days.

The deodorant spray is also available in over 100 Equinox Fitness Centers worldwide. The company has been on QVC three times since airing on Shark Tank, with the first appearance selling over $140,000 worth of product in just 16 minutes.

Curie’s founder, Sarah Moret, appeared on Shark Tank seeking $300,000 for 5% equity in her company. She demonstrated the aluminum found in most anti-perspirants and deodorants using aluminum foil and went on to tell the Curie story.

As of November 2022, Curie had done over $1.6 million in sales and had expanded into over 400 stores nationwide.

The company has also built its own manufacturing and distribution center and plans to expand into retail stores in 2023

In summary, Curie Natural Deodorant Company has been profitable since appearing on Shark Tank. They have done over $1.6 million in sales as of November 2022 and have built their own manufacturing and distribution center. The deodorant spray is also available in over 100 Equinox Fitness Centers worldwide.

Is Curie Deidorant Still In Business?

Yes, Curie Deodorant is still in business as of December 2022. The company was launched in 2018 and offers clean, aluminum-free deodorants that are good for the human body and environment as natural ingredients have been used in them.

After appearing on Shark Tank, Curie got a very good opportunity to promote the product. The company has done a total of $1.6+ million in sales as of November 2022 and has built its own manufacturing and distribution center apart from partnering with luxury fitness clubs.

As of October 2022, Curie products are available on its website, Amazon, and over 300 stores nationwide including Anthropologie and Nordstrom.

Curie generated revenues of $125,000 in its first year of selling deodorant sticks. The following year, the brand had $700,000 in sales.

In 2020, Sarah Moret raised $1 million through a convertible note capped at $5 million to expand the brand by offering other products including masks, hydrating hand sanitizer, body oil, deodorant, body wash, and candles.