Ryan Carpenter owns a unique smoothie business called Moberi. He uses bike-powered blenders to make smoothies and juices. Customers pick a drink from the menu. Then they hop on the bike and pedal to blend their own beverage. If they don’t want to do it themselves Ryan or his team helps. His business started in Portland. It quickly became popular. Ryan wanted help to grow his business.
He decided to go on Shark Tank. He hoped for an investment of $50,000 in exchange for 15%. Will the entrepreneur get a deal on Shark Tank? Check out the Moberi update!
Moberi Smoothie Carts Net Worth Shark Tank Update 2025
Ryan Carpenter went on Shark Tank asking for $50,000 for 15% of his company. This meant he thought his business was worth $333,333. He did not make a deal with any Shark. The episode was aired on February 7, 2014. The bicycle-powered smoothie business remains active in Oregon with multiple locations. Using the default 10% yearly growth method, the current net worth of Moberi is estimated to be around $2–3 million in 2025.
After the episode aired, Moberi did not get the investment it wanted. All the sharks passed on the deal. Despite this setback, Ryan’s business continued to grow. Today, Moberi has four brick-and-mortar locations in Portland. It also has a successful catering business. The company makes over $4 million in revenue each year.
Ryan has moved away from his original food truck and expanded his business. The business is still doing well. Moberi’s menu and merchandise are available on their website.
Moberi did not get a deal on Shark Tank. Ryan asked for $50,000 for a 15% stake in his company. All the sharks passed on the offer. Barbara Corcoran said the business wasn’t investable. Kevin O’Leary didn’t like the idea. Robert Herjavec thought the business couldn’t grow enough. Daymond John said the idea was cute but not for him. Mark Cuban liked the idea but didn’t like the high cost of the bikes. All sharks were out and no deal was made.
| Shark(s) Name | Offer & Demand | Counter Offer | Accepted? |
| Barbara Corcoran | Out | N/A | N/A |
| Robert Herjavec | Out | N/A | N/A |
| Kevin O’Leary | Out | N/A | N/A |
| Daymond John | Out | N/A | N/A |
| Mark Cuban | Out | N/A | N/A |
Moberi Smoothie Carts Shark Tank Pitch
Ryan Carpenter founded Moberi. He derived the concept for his business from a journey to Latin America. He observed bicycle-operated devices known as bicimaquinas. These bicycles were utilized to operate blenders and create beverages. Ryan appreciated the concept and aimed to introduce it in the U.S. He envisioned a fun and nutritious method for making smoothies.
Ryan launched his business in Portland. His aim was to provide individuals with an entertaining method to create their own beverages while remaining healthy. The initial phase of his business was challenging. Ryan needed to acquire skills in constructing the bike-powered blenders. Each item was priced at approximately $2000. That amount was significant for a small business.
Ryan needed to locate clients as well. He established his booth in bustling locations in Portland. Initially, it was challenging to persuade individuals to sample the beverages. However, before long the concept gained traction. Individuals cherished the concept of creating their own smoothies. Ryan’s company expanded quickly. He was satisfied with what he had created but desired additional achievements. That’s when he made the choice to appear on Shark Tank.
Ryan’s pitch on Shark Tank was straightforward. He asked for $50,000 for 15% of his business. He explained how Moberi worked. Customers picked a drink. Then they pedaled a bike-powered blender to make their smoothie. If they didn’t want to do it themselves Ryan or his staff would blend it for them. The idea was simple but fun. Ryan talked about how his business had already made over $70,000 in sales.
He projected that the business would make $100,000 by the end of the year. He wanted the investment to expand. Ryan planned to open two more locations in Portland. The sharks were not impressed. Barbara Corcoran said it was not an investable idea. Kevin O’Leary showed no interest and made no effort to hide his dislike. Robert Herjavec said it was not a scalable business.
Daymond John thought it was a cute concept but not for him. Mark Cuban said he liked the idea but couldn’t get over the high cost of the bikes. After hearing all the feedback, Ryan left without a deal.
While pitching the sharks posed numerous inquiries. They were interested in understanding how Moberi functioned. They were interested in learning additional details about the business. A key inquiry concerned the price of the bicycles. Every bicycle was priced at $2000. The sharks inquired whether that was excessive for a smoothie-making business. Ryan stated that the bikes were unique and designed for durability. They were crafted using top-notch materials.
The investors were similarly worried about the company’s scalability. They were curious if Moberi had the potential to expand. Ryan mentioned that he intended to launch additional locations and grow the catering aspect of the business. He additionally stated that the company was making a profit. However, the sharks remained unconvinced. They believed expanding the business would be too challenging.
The sharks inquired about the experience of the customers. Ryan mentioned that the majority of customers appreciated the concept. Nevertheless, 80% of customers favored having Ryan or his team prepare the drinks for them. This was a significant topic of conversation. The sharks wondered if the company could expand without additional customers actively mixing their own beverages.
The discussion also shifted to the business model. Ryan stated that his smoothies are priced at approximately $6 each. He anticipated that the company would earn $100,000 that year. He aimed to boost his income by launching additional sites. The sharks were unconvinced about the business model. They were unconvinced that Moberi could expand as Ryan envisioned.
When it came time for the sharks to decide, none of them made an offer. Barbara Corcoran said the business wasn’t investable. She didn’t see a way for Moberi to grow enough to make money for her. Kevin O’Leary showed no interest in the business at all. He criticized the idea and said it wouldn’t work. Robert Herjavec said that the business was not scalable. He didn’t think it could grow enough to be successful.
Daymond John liked the concept but didn’t think it was right for him. He passed on the opportunity. Mark Cuban was the only shark who liked the idea. However, he couldn’t get over the high cost of the bikes. He also didn’t see how the business would be profitable enough to make a return on investment.
What Went Wrong With Moberi On Shark Tank?
The main reason the sharks didn’t invest was the high cost of the bikes. The bikes cost $2000 each. This made it hard for Moberi to make a profit. The sharks also didn’t believe the business could grow fast enough. They thought it would be hard to open new locations with such high startup costs. Ryan’s business was not scalable in their eyes. They didn’t think it could grow beyond a small niche market.
The fact that most customers didn’t want to pedal the bikes was also a red flag. The sharks worried that the business wouldn’t be able to attract enough customers who wanted to blend their own drinks.
Product Availability
Moberi’s smoothie bikes are unique and fun. Each bike is a special blender machine. The bikes are made with high-quality materials to last a long time. The bikes are available at all of Moberi’s locations in Portland. You can also order smoothies from their catering service. Customers can choose from a variety of drinks. The prices are around $6 each. Moberi’s website also sells merchandise.
You can find Moberi’s menu online and order drinks for special events. The company has expanded from one food truck to four brick-and-mortar locations.
Conclusion
Moberi’s journey on Shark Tank didn’t end with a deal. Despite the sharks’ rejection, Ryan kept working hard. Today, Moberi is a thriving business with over $4 million in revenue. Ryan’s dream of expanding has come true. Moberi is now a popular brand in Portland.
Hey there, I’m Fatima Muhammad, an International Relations student, with a focus on the strategic dynamics of global relations, One of my favorite shows is Shark Tank. I love it because it showcases the creativity, determination, and strategic thinking of entrepreneurs, which I find inspiring. The show also teaches valuable lessons about innovation, business dynamics, and the importance of perseverance in the face of challenges. Read more About me.
