Moberi Shark Tank Net Worth 2023
The company’s initial valuation of $333,000 after the pitch has been greatly justified with its performance over the years; annual revenues have grown to a staggering $5 million in 2021.
This large increase in sales demonstrates the clear growth and development of the company, making it worth substantially more than its original evaluation.
With such impressive results, it is easily seen that the company’s net worth has also risen significantly since then.
What is Moberi?
Moberi started as a juice and smoothie cart powered by a bicycle, founded by a young entrepreneur named Ryan Carpenter. He used his $500 savings to build a blender powered by an old exercise bike and began pedaling smoothies on a NW Portland sidewalk in 2011. For almost two years, all smoothies and acai bowls were made using bike power and fresh Willamette Valley produce.
Carpenter was inspired to create Moberi after witnessing how a Guatemalan village used bicycles to power machinery. His goal was to make healthy eating more enjoyable, and all of Moberi’s products are designed to taste great and provide energy for the day.
The name Moberi is a combination of “Mobile food” and Oregon’s plentiful berries. Carpenter came up with the idea to use a bike to power a smoothie-making mixer while working at an Australian hotel. After returning to Portland, he built his first bike blender and eventually raised $6,000 on Kickstarter to expand his business.
Moberi’s acai bowls are handcrafted in the classic Brazilian style with Pacific Northwest fruit, and their smoothies are perfect for post-workout protein recovery or a light but filling immunity boost. Carpenter plans to expand Moberi into a mobile food company after performing at local fairs and festivals.
While Moberi is currently closed for the winter, catering and events are still available. Customers can mix their own smoothies or have one of Moberi’s staff members do it for them.
What Happened to Moberi at Shark Tank pitch?
In episode 17 of season 5 of Shark Tank, Ryan Carpenter decided to pitch his mobile food business, Moberi, to the show’s investors. He was seeking a $50,000 investment in exchange for a 15% stake in his company, which was valued at $333,000.
During his pitch, Ryan showcased his food cart, which included blender-bikes for customers to make their own smoothies. Daymond John and Mark Cuban decided to invest, while Kevin O’Leary questioned Ryan’s ability to manage long lines and labeled him “crazy.”
Barbara Corcoran also expressed doubts about the scalability of the business, and Robert Herjavec and Daymond John ultimately decided not to invest.
Despite failing to secure an investment on the show, Moberi continued to gain traction on social media and catered private events in two locations. The company also expanded to a third location in Portland, and Ryan Carpenter maintained a successful business with a yearly income of $5 million as of November 2021.
Net Worth of Moberi
The company valuation was $333,000 during and after the pitch. Since then the company have been performing well in sales with annual revenue of $5 million in 2021. This justify that the company net worth has elevate.
Moberi Shark Tank Updates
Moberi is a bicycle-powered smoothie cart in Portland, Oregon, that serves acai bowls, smoothies, and other superfood items. The name Moberi is a combination of “mobile food” and Oregon’s abundant “berries”.
The founder, Ryan Carpenter, built his first bike blender in 2011 using a Schwinn-branded stationary exercise bike and a battery-powered sink.
He set up on the streets of northwest Portland, selling smoothies to people on-the-go. Every smoothie and acai bowl at Moberi was blended by bike for over two years.
In 2014, Moberi appeared on Shark Tank seeking a $50,000 investment in exchange for 15% of the company. Ryan presented a model of his food cart, complete with blender-bikes, and offered the Sharks an opportunity to “pedal their own smoothie”.
Daymond John and Mark Cuban tested out the bikes and passed on investing. Despite not receiving an investment, Moberi’s presence on social media remained strong, and the company continued to grow.
As of April 2023, Moberi has expanded to four brick-and-mortar locations in the Portland area. The most recent location, in Cedar Hills, opened in March 2022. Moberi still offers its smoothies and acai bowls, as well as its new layered superfood bowls, protein bites, and iced matcha lattes.
Moberi has found its niche in Portland, a health-conscious town that takes pride in its “weirdness”. The company’s popularity has continued to grow, and it now has an annual revenue of $5 million.
Moberi Shark Tank Table Summary:
INFORMATION | SUMMARY |
Company valuation during Shark Tank pitch | $333,000 |
Annual revenue in 2021 | $5 million |
Net worth increase since Shark Tank | Substantial |
Founder | Ryan Carpenter |
Company description | Bicycle-powered smoothie cart and healthy food business |
Products | Acai bowls, smoothies, layered superfood bowls, protein bites, iced matcha lattes |
Shark Tank investment | Daymond John and Mark Cuban invested $50,000 for 15% equity |
Other Shark Tank investors | Kevin O’Leary, Barbara Corcoran, Robert Herjavec |
Current number of brick-and-mortar locations | 4 |
Latest location opened | Cedar Hills (March 2022) |
Catering and events availability | Yes |
Annual revenue as of April 2023 | $5 million |
Moberi FAQs
What Is Moberi And How Does It Work?
Moberi is a bicycle-powered smoothie cart and healthy food business based in Portland, Oregon. The company was founded in 2011 by Ryan Carpenter, who was inspired by a Guatemalan village that used bikes to power equipment.
Carpenter used his savings of $500 to build his first bike blender and began selling smoothies and acai bowls on a sidewalk in NW Portland. Every smoothie and acai bowl at Moberi was blended by bike for over two years.
Moberi’s name is a combination of “mobile food” and Oregon’s abundant berries. The company’s unique selling point is its use of bike-powered blenders to make healthy smoothies and acai bowls.
After doing the local fair and festival circuit, Carpenter wanted to grow Moberi into a mobile food business and successfully raised $6,000 on Kickstarter in May 2013 to build two new bike blenders, finish off the build of his mobile cart, and get branding swag.
Moberi appeared on Shark Tank in 2014 and received an offer of $50,000 for 15% equity from Ryan Carpenter, but ultimately did not accept the offer. Since then, Moberi has expanded to four brick-and-mortar locations in the Portland area, offering smoothies, acai bowls, and other healthy food options.
The most recent location opened in March 2022 and offers new menu items such as layered superfood bowls, protein bites, and iced matcha lattes. Patrons can opt to blend their own smoothies or let one of Moberi’s “hipsters” pedal it up for them.
Who owns?
The company is privately owned and operated by “Smoothie Master” and owner, Ryan Carpenter.
What Was The Outcome Of Moberi Shark Tank Pitch?
During Moberi’s Shark Tank pitch in season 5, Ryan Carpenter was seeking a $50,000 investment in exchange for a 15% stake in his company. However, none of the sharks made an offer and Moberi left without a deal.
Despite not receiving an investment from the sharks, Moberi has since grown to three brick-and-mortar locations in the Portland area and has expanded its menu to include new items such as layered superfood bowls, protein bites, and iced matcha lattes.
The company’s annual revenues have grown to $5 million in 2021, and its net worth has significantly increased since its Shark Tank appearance. Moberi is still operating successfully in 2023 and continues to offer catering and events.
Did Moberi Receive An Investment From The Sharks?
No, Moberi did not receive an investment from the Sharks during their appearance on Shark Tank in 2014. The company asked for $50,000 in exchange for 15% equity, but none of the Sharks made an offer.
Despite not receiving a deal, Moberi has since grown to three brick-and-mortar locations in the Portland area and has expanded its menu to include new items such as layered superfood bowls, protein bites, and iced matcha lattes.
The company’s net worth has risen significantly since its appearance on Shark Tank, with annual revenues reaching $5 million in 2021.
What Happened To Moberi After Its Appearance At Shark Tank?
After appearing on Shark Tank in 2014 and not receiving an investment from the Sharks, Moberi has continued to grow and expand its business.
The company has since grown to three brick-and-mortar locations in the Portland area, offering smoothies, acai bowls, and other healthy food options. Moberi’s net worth has risen significantly since its appearance on Shark Tank, with annual revenues reaching $5 million in 2021.
The company has also expanded its menu to include new items such as layered superfood bowls, protein bites, and iced matcha lattes.
Moberi has also done catering and events. The most recent brick-and-mortar location opened in March 2022 in Cedar Hills. Despite not receiving a deal on Shark Tank, Moberi has continued to grow and thrive as a business.
How much was asking on Shark Tank?
Ryan was asking for $50,000 for 15% equity in his company.
Is Moberi still in business?
Yes, they are still in business with two locations and a new recipe book for sale.
Who is the CEO?
The CEO is Ryan Carpenter. He was the entrepreneur who came up with the idea for Moberi and got it off the ground.
Because he had children in college, he could not devote every part of his time to running Moberi. Therefore, he asked his friend, Spenser Nye, to run the day-to-day operations until Ryan was able to rejoin him full time.
How to contact Ryan Carpenter?
The official website of the company is very well structured to offer detailed information about the service offered by Moberi team including contact details of owner Mr.
What are the current products?
Moberi smoothies are sold at two Portland locations. Moberi has a location at the corner of Congress St. and Center St., across from the Urban Outfitters, near Portland State University, in downtown Portland; and Moberi has a location on SW Alder Street near the Zellwood neighborhood in Southeast Portland.
How does Moberi work?
The customers select the ingredients for their smoothie and then power up the blender with bicycle pedals.
How is Moberi idea?
The idea is revolutionary. Customers cycling their own smoothie are a fun way to get healthy food. Moberi smoothies have a nice texture, taste and freshness.
Where can I buy Moberi products?
The company operates two retail stores in Portland, Oregon where customers can buy some of their product line that includes the smoothie blender bikes as well as their new cookbook, The Moberi Cookbook: Smoothies and Juices for the Whole Family.
How do I order Moberi?
Moberi information is available online on Moberi website.
How can I contact the Moberi team?
Moberi has a full help section on its website. Start by going to their contact page and find the customer service phone number and email support for customer service.
The customer service email is hello@moberi.com, or customers may leave a note from the form available on their page: https://www.moberi.com/contact-us/ (971) 271-7641.
What is the net worth of Ryan Carpenter?
Ryan Carpenter net worth is $1.5 million.