What Happened to Saucemoto after Shark Tank?
What is Saucemoto?
Saucemoto is a handy clip that can be fastened to your car that makes it easy to enjoy all your favorite condiments on the go.
When you attach this gadget, you may easily position your miniature tub of sauce. Saucemoto was founded in 2017 by Michael Koury, Tony Lahood, and William Moujaes.
The three were pals before they even launched the product. They all have engineering and design degrees in common.
Saucemoto is a fantastic gift for anybody who likes eating on the go or traveling with food. Simply dip your fries in it once you’ve obtained the product and say goodbye to dry food.
Who is the creator of Saucemoto?
Saucemoto was created by Michael Tony, Lahood, and William Moujaes. Saucemoto, which was launched in 2017, is the creator of the product as well as other items. They created and were a part of a number of food and beverage enterprises.
The three were friends before they even launched the product. They all have engineering and design degrees in common.
Saucemoto remains in the hands of his pals. This was true for the Saucemoto founders; the three friends were on a road trip, and eating on the road was a bit stressful.
A little amount of leaking occurred here and there. This prompted the childhood mates to design a suitable solution.
William was able to develop a 3D version of Saucemoto after some trial and error. His pals built on his initial concept by making it global.
They started a Crowdfunding campaign that rose over $63,000, clearing the way for the firm to grow.
Saucemoto was created in 2017 after a successful Kickstarter campaign collected $63,308, bringing the company’s total lifetime sales to $70,000.
What Happened to Saucemoto Pitch on Shark Tank?
They started a Crowdfunding campaign that rose over $63,000, clearing the way for the firm to expand.
They pitched their company’s concept on Shark Tank seeking of $45,000 in exchange for 15% equity shares, worth 300,000.
They pleased the Shark Tank investors by selling 12,000 units and earned $77,000 in revenue since the company’s launch.
Kevin O’Leary offers Saucemoto $45,000 in return for 50% ownership of the firm, while Robert offers $45,000 in exchange for 40% ownership of the company.
Kevin O’ Leary counters Robert’s offer with a fresh offer of $45,000 for 25% equity in the firm. Finally, the Saucemoto business reached a deal with Kevin O’ Leary.
What became of Saucemoto after he left Shark Tank?
Saucemoto is still in business after the agreement with Shark Tank investor concluded.
They still have a functional website where customers may purchase its vehicle dips holder for sauces, which conveniently attaches to the car’s air-conditioning vents.
Amazon sells the goods as well. The company’s three original partners remain on board.
There are similar gadgets on the market, the most popular of which is the Saucemoto Dip Clip, which is available at retailing mammoth Walmart.
Because of Walmart’s regional presence, individuals can buy Saucemoto both online and in-store, allowing it to reach a wider audience.
Net worth of Saucemoto
The Saucemoto is worth $300,000 after deductions.
Saucemoto FAQs
Is Saucemoto available on Amazon?
Yes, it is available. Walmart sells the goods too.
What is a good gift idea for an automobile lover?
A set of leather gear would be a great present that they cannot deny.
What is Saucemoto used for?
Saucemoto is a car air conditioning vent clip that allows users to put their sauces, dips and other food in the car.
What is Saucemoto’s cost?
The product costs $13.99 on Amazon. It is available for $6.99 at Walmart. The product costs $11.16 on the Walmart website.
What is Saucemoto made for?
Saucemoto is made of plastic and is available in multiple colors.
What is the use of Saucemoto?
Saucemoto attaches to a car air vent and holds sauces, dips, and other food while traveling.
What are the features of Saucemoto?
Saucemoto has a non-slip silicone base that securely grips without damaging the car’s vents. Its lightweight design makes it easy to carry around with them anywhere they go.
Is Saucemoto approved?
No, Saucemoto is not approved by the car manufacturers.
What is the business model of Saucemoto?
The company sells Saucemoto clips to the public, and users sell the clips back on Amazon.
Why is Saucemoto so popular?
It is a convenient way of carrying sauces and dips in the car for people who love to eat quickly on the go.
What are the benefits of Saucemoto?
Users can conveniently put food in their vehicle without spilling it on its interior. It holds 100% of sauce or dip inside. Simultaneously, it makes it easy to organize sauces in a cupboard away from other materials.
What is the guarantee of Saucemoto?
Saucemoto dip clip is backed by a 100-percent money-back guarantee if they are not satisfied with it. The company will provide a complete refund but the customers must return the product within 45 days to get it back.
Where can I buy Saucemoto?
You may also order Saucemoto on Amazon. It is available to purchase at Walmart and other retail stores, including Amazon.
How can I get Saucemoto free?
It may be ordered online, at Walmart, Walgreens, and other physical retailers. The product may be gifted by a friend to someone who loves eating on the go.
How long does Saucemoto last when used?
It is designed to last forever.
Is Saucemoto recyclable?
It is not recyclable. It can be thrown away in the waste bin.
Is Saucemoto reusable?
Yes, it is reusable. It can be cleaned and used again.
I have a problem with Saucemoto, what should I do?
If customers have a problem with the product, send an email to them at [email protected]. Describe the problem and their comments on how to fix it.
What is Saucemoto’s policy regarding returns?
The company provides a 100% money-back guarantee if they are not satisfied with their purchase.
What payment methods are accepted by Saucemoto?
The company accepts payment through online credit cards, payment processing services.
How long is the shipping time?
The item will ship within one business day after the order is placed. Saucemoto ships with UPS and USPS.
What are the Sizes available for Saucemoto?
Saucemoto can be bought in 1-liter size and 2-liter size. It may be bought on Amazon. It is not sold on Walmart or other physical retailers.
