Cocktails are popular, but creating them at home may be challenging, particularly when it comes to balancing the components. The majority of us spend too much money on pricey bottles that we may never consume since we lack the time and expertise to create the ideal drink.
Little Saints come into play here. The business was founded to address this issue by providing ready-to-drink, non-alcoholic cocktails that have the taste of authentic cocktails without the alcohol. These beverages are intended to provide consumers with the choice to savor delectable cocktails while reducing their alcohol intake or remaining sober.
The founders of Little Saints Megan Saints went to Shark Tank in the hopes of receiving funding to expand their company. The main goal of their Shark Tank participation was to show why their drinks were unique and prepared for the mass market. The founder requested $500,000 for 5% equity in the business. Did the entrepreneur get a deal on Shark Tank? Check out our Little Saints update to find out!
Little Saints Net Worth Shark Tank Update 2025
Megan Saint asked for a $500,000 investment in exchange for 5% equity in her company, Little Saints. This meant she valued her company at $10 million. However, she did not secure a deal on the show. After the show aired, Little Saints saw a big increase in website traffic, sales, and social media exposure. With an estimated 10% yearly growth rate, the current net worth of Little Saints in 2024 is about $14.64 million.
As for Little Saints update, after their Shark Tank participation, Little Saints’ business continued to expand. The publicity from the event helped them get additional attention, even if they were unable to land a deal. Little Saints is still operating and expanding as of today.
They now provide a wider range of products that may be purchased online from their website and other retailers. The growing demand for non-alcoholic beverages, particularly as more people seek out healthier lifestyle options, has been good for the company. Through collaborations with wellness experts and social media, they have concentrated on enhancing their flavors and increasing the buzz surrounding their drinks.
No, Little Saints failed to land a Shark Tank agreement. The non-alcoholic beverage business had potential, and the sharks loved the idea, but they were worried about the company’s scalability and the market’s level of competition. None of the sharks ultimately made an offer since the founders failed to persuade them that their drinks might be distinctive enough to create a significant impression.
| Shark(s) name | Offer & Demand | Counteroffer | Accepted? |
| Rashaun L.Williams | $500,000 for 5% equity | $500,000 for 5% of equity + 2M line of credit | No |
| Lori Greiner | Out | N/A | N/A |
| Kevin O’Leary and Rashaun L.Williams | 1# $500,000 for 15% equity 2# $500,000 for 10% equity | N/A | No |
| Daymond John | Out | N/A | N/A |
| Mark Cuban | Out | N/A | N/A |
Little Saints Shark Tank Pitch
After observing the growing trend of individuals desiring to consume less alcohol, Little Saints’ creator Megan Saint was motivated to develop non-alcoholic cocktails. A need for a beverage that may provide the same feeling as a cocktail without the negative consequences of alcohol was identified by them.
Since they weren’t drinking, the founders wanted to give individuals a way to enjoy social situations without feeling excluded. Finding the ideal combination of flavors to replicate the flavor of a classic cocktail was one of the numerous difficulties they encountered in the beginning. Persuading consumers that non-alcoholic cocktails are a pleasant and enjoyable alternative was another difficulty.
Little Saints’ creators presented their product as a non-alcoholic, healthful cocktail substitute. They clarified that adaptogens plants and mushrooms that aid the body in coping with stress and natural ingredients are used to make their drinks.
They expressed their goal to make it simple for consumers to enjoy cocktails without consuming any alcohol. They were requesting funding in order to grow their company, add additional products to their lineup, and open more retail locations.
They emphasized that both online and in local marketplaces, their drinks were already becoming more and more well-liked. In order to expand the business, Megan requested $500,000 for 5% equity. Keep reading our Little Saints update to see what happens next!
The sharks asked several questions during the pitch.
Mark Cuban was curious as to what set Little Saints apart from other non-alcoholic beverages. The creators clarified that the unique elements and adaptogens they used were what gave their beverages a distinct advantage.
Kevin O’Leary was worried about scalability and profit margins. Despite sharing their figures, the founders were unable to persuade Kevin that they had a clear route to widespread success.
Lori Greiner enquired about the product’s branding and marketing strategy in order to make it stand out. The creators discussed their collaborations with wellness influencers and their social media presence.
All of the sharks ultimately chose not to invest in Little Saints.
Mark Cuban believed that Little Saints had little chance of standing out in the crowded non-alcoholic beverage market because it was too competitive. Although he found the idea appealing, he didn’t think the brand had a distinctive enough advantage to rule the market.
Lori Greiner was out but she was attracted by the wellness component. She believed that without a distinct, memorable brand, the business would not get the attention it needed to expand.
Daymond John thinks the product wasn’t sufficiently unique from other non-alcoholic options already available on the market but he appreciated the founders’ enthusiasm. He also refused to invest.
Rashaun L. Williams offered $500,000 for 5% equity but the founder rejected the offer.
Kevin O’Leary and Rashaun L. Williams decided to team up and offered $500,000 for 10% equity. The entrepreneur rejected this offer too.
Finally, Megan Saint left the shark tank without making a deal.
What Went Wrong With Little Saints On Shark Tank?
The competition in the non-alcoholic beverage market was one of the main reasons the sharks rejected Little Saints; they believed that although interest in non-alcoholic drinks is growing, it’s a difficult industry to enter without something genuinely distinct.
They were also concerned about scalability, believing that the product wouldn’t have a broad enough appeal or the resources necessary to grow rapidly and finally, they weren’t convinced that the company had a clear branding strategy. Although the founders discussed their vision and their partnerships with influencers, the sharks felt that the marketing and branding lacked enough focus to draw in a large audience.
Product Availability
From our Little Saints update research, Made with natural ingredients and adaptogens, Little Saints’ non-alcoholic cocktails are meant to taste like alcoholic ones without the alcohol. Their drinks are touted as healthier options for people who want to have a cocktail experience without alcohol and come in a variety of flavors, including Ginger Mule, Paloma, and Spicy Margarita.
Products from Little Saints can be bought on their own website and a number of online retail sites as of today. Additionally, they have collaborated with wellness-oriented retailers and are aiming to open more physical retail spaces. They offer both one-time purchases and subscription options for clients who would want regular deliveries, with drinks starting at about $30 for a pack of four.
Conclusion
By launching a product that capitalizes on the expanding non-alcoholic beverage trend, Little Saints made an impression on Shark Tank. The business benefited from the publicity and has expanded since the show’s airing, despite not landing a deal with the sharks. The creators are committed to providing a superior substitute for conventional alcoholic cocktails and hoping to give those who prefer a drink without alcohol a healthier, more considerate choice.
Little Saints has remained loyal to its goal and is progressively growing its reach in spite of the difficulties of entering a cutthroat industry. The business is in a good position to benefit from the growing demand for non-alcoholic solutions.
Check out other companies from the episode:
Before you go, please check out all Shark Tank Season 16 Products.
Hey, I’m Amna Habib an undergraduate student of Bachelors in Business Administration. Shark Tank is one of my favorite TV shows of all time. The show provides a fascinating insight into the world of entrepreneurship by presenting creative solutions to common problems, which strongly connects to my academic interests. I’m interested in learning more about the strategic thinking and creativity that lead these companies as each pitch provides insightful information. I’ve found that watching Shark Tank has inspired my enthusiasm for business and entrepreneurship and has been a very enlightening and motivating experience. Apart from business and writing, I love food, shopping, and hanging out with friends and family. Read more About me.
