In Season 11 of Shark Tank Stephane Jean-Baptiste and Yve-Car Momperousse arrived with a great idea. Their goal was to change things. In addition to helping the beauty industry, they aimed to provide work for Haitian women. They produce unique beauty oils under the Kreyol Essence brand. Castor seeds are widely available in Haiti and are the source of these oils.
They transform these seeds into a wonderful natural oil that aids in skin and hair care. However, Stephane and Yve-Car were not merely selling cosmetics. They helped their Haitian community as well. They requested $400,000 for 10% of their business when they appeared on Shark Tank. Will the entrepreneur get a deal on Shark Tank? Check out the Kreyol Essence update to find out!
Kreyol Essence Net Worth Shark Tank Update 2025
Yve-Car Momperousse and Stephane Jean-Baptiste asked for a $400,000 investment in exchange for 10% equity in their company. This meant they valued their company at $4 million. They made a deal with Kevin O’Leary for $400,000 in exchange for 5% of their company, plus a $0.25 royalty per unit sold. This new deal valued their company at $8 million. After the show aired, Kreyol Essence saw a big increase in website traffic, sales, and social media exposure. With an estimated 10% yearly growth rate (typical business growth), the current net worth of Kreyol Essence is about $12 million.
In our Kreyol Essence research, after Shark Tank Kreyol Essence gained popularity. The business expanded quickly and kept selling goods. Kreyol Essence continues to do well today. They now generate almost four million dollars in sales a year after much expansion. After they were on the show the company’s revenue increased by 540 percent.
They can be found in large retailers including JC Penney Salons, Ulta Beauty, and Whole Foods. They sell their goods online as well. A lot of individuals adore the company’s history and its products. Yve-Car and Stephane made the decision to back out of Kevin’s agreement.
The royalty terms were disliked by them because they wanted to ensure that Kevin would actively contribute to the expansion of their brand if he were to obtain a royalty forever. Even without Kevin’s deal, Kreyol Essence is a big success. They kept working hard and continued to grow.
In terms of a Kreyol Essence, on Shark Tank, Kreyol Essence did indeed land a deal. Kevin O’Leary offered them $400k in exchange for 5% ownership and a 25¢ royalty for each unit, and they accepted. Their original request was not met by this offer. Their desired equity was 10% but Kevin preferred 5%. Kevin wanted a royalty on every unit sold but they also requested no royalties. It was a difficult decision. They ultimately agreed to the terms. They were eager to collaborate with Kevin and advance their company.
| Shark(s) name | Offer & Demand | Counteroffer | Accepted? |
| Daymond John | Out | N/A | N/A |
| Lori Greiner | Out | N/A | N/A |
| Kevin O’Leary | #1 $400,000 for 37% equity. | Yes to 4 the offer | Yes to 4 th offer |
| Barbara Corcoran | Out | N/A | N/A |
| Mark Cuban | Out | N/A | N/A |
Kreyol Essence Shark Tank pitch
The passion for their native Haiti served as an inspiration for Yve-Car Momperousse and Stephane Jean-Baptiste. Their goal was to showcase Haitian products to the globe. They were aware of the numerous applications and potency of castor oil. They wanted to assist local farmers while producing high-quality goods. Their goals were to improve their town and create jobs.
It was a difficult voyage. In the beginning, they encountered numerous difficulties. They needed to research the beauty market and locate the best providers. They also had to start from scratch with their brand. Many late nights and difficult choices were made. But they overcome these obstacles because of their enthusiasm and commitment.
When Stephane and Yve-Car presented their product on Shark Tank, they were full of energy. They shared their story and showed the sharks their beautiful oils. They explained the benefits of Haitian castor oil. They told the sharks about the jobs they were creating in Haiti. They wanted to show that their products were not just good for beauty but also good for the community.
They asked for four hundred thousand dollars for ten percent equity in their business. They believed in their product and wanted the sharks to believe in it too. The pitch was emotional and heartfelt.
The sharks had many questions about Kreyol Essence and its products. They wanted to know about the sales numbers and the business model. They asked about the production process and the team behind the brand. The entrepreneurs explained how they sourced the castor seeds and made their oils. They talked about their direct-to-consumer sales strategy and the partnerships they had formed.
The sharks were curious about the market competition. They wanted to know how Kreyol Essence stood out from other beauty brands. Stephane and Yve-Car answered the questions with confidence. They shared their passion for the product and their commitment to their mission.
The sharks had mixed responses to Kreyol Essence. Barbara Corcoran was the first to drop out. She thought the business depended too much on Yve-Car. Mark Cuban followed her and said he liked the product but did not see it as investable. Daymond John also dropped out, saying he did not have expertise in the beauty market.
Lori Greiner said she could not invest because the product lacked clinical trials for hair growth. However, Kevin O’Leary saw potential. He made them a deal of four hundred thousand dollars for five percent equity and a twenty-five-cent royalty per unit. After some negotiation, they accepted Kevin’s offer. They were thrilled to have a shark on their side.
What Went Wrong With Kreyol Essence On Shark Tank?
While Kreyol Essence did get a deal with Kevin O’Leary not all sharks were interested. Barbara thought the business was too dependent on Yve-Car. She did not believe it could grow without her presence. Mark Cuban liked the product but thought it was not a good investment.
Daymond John did not feel comfortable in the beauty space. Lori Greiner was concerned about the lack of clinical trials for the product. These reasons led to some sharks deciding not to invest. But in the end, Kreyol Essence still secured a deal with Kevin.
Product Availability
Kreyol Essence offers a range of beauty products. Their main product is Haitian castor oil. This oil is great for hair growth and skin care. It is rich in vitamins and helps with moisturising. They also have lotions and other oils in their product line. Customers can find Kreyol Essence products online. They sell on their website as well as on Amazon.
You can also find their products in stores like Ulta Beauty, Whole Foods and JCPenney Salons. The prices vary depending on the product but they are generally affordable. Kreyol Essence makes it easy for everyone to find and enjoy their products.
Conclusion
On Shark Tank Kreyol Essence had an exciting trip. Yve-Car and Stephane demonstrated their commitment and enthusiasm. Even if they encountered difficulties they continued. Kevin O’Leary agreed to an offer with them. The business has experienced significant growth since then. They are now a well-known brand in the cosmetic sector.
Their story is motivational. They continue to produce high-quality goods and generate jobs in Haiti. We’re excited to see what Kreyol Essence does next. This incredible firm appears to have a great future.
Hi, I’m Laiba Khurram, a BBA student specializing in Marketing at FAST NUCES ISB. My background includes experience in finance, marketing, and event coordination. My skills include teamwork, time management, and Microsoft tools. Watching Shark Tank has always inspired me, as I admire the innovative pitches and entrepreneurial spirit showcased on the show. This passion drives my approach to finding creative solutions and understanding market dynamics. Read more About me.
