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.
Table: Curie Deodorant Shark Tank Summary
CURIE DEODORANT COMPANY | |
Shark Tank Pitch | March 2022 |
Ask | $300,000 for 5% equity |
Deal | $300,000 for 10% equity + 4% advisory shares from Mark Cuban and Barbara Corcoran |
Valuation Before Pitch | $6 million |
Valuation After Pitch | $3.5 million |
Sales After Shark Tank | $1.6+ million (as of November 2022) |
Distribution | 400+ stores nationwide, including Anthropologie, Nordstrom, and Equinox Fitness Centers |
Founder | Sarah Moret |
Products | Clean, effective, and aluminum-free deodorants, hand sanitizer, whipped body wash, clay detox mask, body oil, and candles |
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.
Curie Deidorant Shark Tank Updates
Curie is a natural deodorant and hand sanitizer company that appeared on Shark Tank in season 13. The founder, Sarah Moret, asked for $300,000 for 5% equity in her company.
Mark Cuban and Barbara Corcoran invested $300,000 for 12% equity and 2% in advisory shares. During the pitch, Sarah revealed that Curie had $125,000 in sales over the first year of business, but it wasn’t profitable. However, Curie was set to do $2 million in sales by the end of 2022.
After Shark Tank, Curie has done over $1.6 million in sales as of November 2022. They have also built their own manufacturing and packaging facilities. Curie offers a range of natural body care products, including pit kits, deodorants, clay detox masks, body wash, and body oil.
Their products are available in around 300 physical stores all over the United States, including brand stores such as Nordstrom and Anthropologie.
Sarah is planning to work with Barbara to expand Curie’s retail presence. She also spoke positively about the effect Shark Tank had on her company, saying “It’s really changed the company.
It’s the gift that…” Curie’s determination and never-give-up attitude have taken the company to where it is now, and they are confident that the company will witness further success in the near future.
How Does Curie Deidorant Shark Tank Work?
Curie Deodorant is a natural, aluminum-free deodorant that actually works. The founder, Sarah Moret, started the company in 2018 because she was frustrated with natural products that didn’t work as well as chemical-filled ones.
Curie has grown into a full-blown business with a team of four and three product lines, including aluminum-free deodorant, all-over deodorant spray, and hydrating hand sanitizer. Curie products are sold in over 300 stores nationwide, including Nordstrom and Anthropologie.
Curie appeared on Shark Tank in season 13, asking for $300,000 in exchange for 5% equity. Mark Cuban and Barbara Corcoran made a deal with Sarah for $300,000 for 12% equity and 2% in advisory shares.
After Shark Tank, Curie has done a total of $1.6+ million in sales as of November 2022. The success rate of the company increased to 100% after appearing on Shark Tank.
Curie offers a wide range of products, including pit kits, deodorants, clay detox masks, body wash, and body oil, among others.
How Has Curie Deidorant Grown Since Appearing On Shark Tank
Curie Deodorant is a natural deodorant company that appeared on Shark Tank in season 13, episode 17. The founder, Sarah Moret, asked for $300,000 in exchange for 5% of her company.
After appearing on Shark Tank, Curie Deodorant’s sales increased by 8x in 24 hours. The company has done a total of $1.6+ million in sales as of November 2022.
Curie Deodorant was founded in 2018 by Sarah Moret, who founded the business with $12,000 from her own pocket. The company earned around $125,000 in revenue in the first year and managed to raise $1 million in investment in 2020.
Although the business wasn’t profitable at the time of filming Shark Tank, Curie had earned around $700,000 in sales in 2020 and was on course to earn $2 million in revenue in 2021.
After appearing on Shark Tank, Curie Deodorant received a deal with Mark Cuban and Barbara Corcoran. The company has grown from a side-hustle to a full-blown business, with a line of six products in hundreds of retail doors.
Curie Deodorant is a clean bodycare product that smells amazing and actually works. The company is committed to making safe skincare products that are aluminum and paraben-free and never tested on animals or other living organisms.
What Is The Current Valuation Of Curie Deidorant After Shark Tank?
Curie Natural Deodorant Company appeared on Shark Tank Season 13 in March 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.
After the show, Curie got a very good opportunity to promote the product, and the company’s sales increased significantly. All the inventory got sold out in three days after the episode aired.
As of November 2022, Curie Natural Deodorant Company has done over $1.6 million in sales. The company has built its own manufacturing and distribution center and partnered with luxury fitness clubs.
Curie is now sold online and in more than 300 stores nationwide, including Anthropologie and Nordstrom. The company plans to expand into retail stores in 2023.
The current valuation of Curie Deodorant after Shark Tank is not explicitly stated in the search results. However, before appearing on Shark Tank, Curie’s body care company was valued at $5 million.
After Mark Cuban and Barbara Corcoran’s investment in Curie, the company’s updated valuation estimate was reduced to about $3.5 million.
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.