The Saucemoto product was pitched by three entrepreneurs, Tony Lahood, William Moujaes, and Michael Koury, on Shark Tank Season 10. The Saucemoto clip is used to store dipping sauces in automobiles. The clip fastens to the air vent of your vehicle. It contains sauces such as sweet and sour sauce, honey mustard, and ketchup. The product was developed in order to address a problem.
A lot of people like eating fast food in their cars but many have trouble with the dipping sauces. The sauce doesn’t drip thanks to this product. The business owners want $45,000 in exchange for 15% of the company.
The sharks expressed interest in the product after the pitch but they wanted to learn more about its financials. They made $75,000 from the sale of more than 12,000 copies. Will the entrepreneur get a deal on Shark Tank? Check out the Saucemoto update to find out!
Saucemoto Net Worth Shark Tank Update 2025
Tony Lahood, William Moujaes, and Michael Koury asked for a $45,000 investment in exchange for 15% equity in their company. This meant they valued their company at $300,000. They made a deal with Kevin O’Leary for $45,000 in exchange for 25% equity in their company. This new deal valued their company at $180,000. After the show aired, Saucemoto 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 Saucemoto is about $289,000.
Soon after the program aired the merchandise sold out. We call this the Shark Tank effect. Sales for the business increased and it grew rapidly. They enhanced and promoted their goods with a $45,000 investment. Saucemoto began working for the southern chicken restaurant company Zaxby’s. A blue version of the Saucemoto clip was shown to patrons at the restaurant.
The corporation benefited greatly from this cooperation. They introduced new items in 2023, such as ice cube moulds for doughnuts and nuggets. A wooden board that resembles a charcuterie board and holds sauce cups was also introduced. The business keeps expanding and innovating. Saucemoto is still operating today. Their annual revenues are projected to be $400,000.Additionally, they have added more products to their lineup.
Products from Saucemoto are available at Joann Fabrics and Walmart AutoZone. The original founders are still in charge of the business. They still produce entertaining and distinctive goods.
On Shark Tank, Saucemoto did indeed get a deal. In the beginning, the business owners requested $45,000 for 15% stock. Kevin O’Leary offered $45,000 in exchange for 50% of the company. They finally settled on $45,000 for 25% stock after some haggling. Kevin O’Leary thus joined the three business owners as an equal partner.
Despite having to give up more equity than they had intended, the entrepreneurs were satisfied with this agreement. They thought Kevin O’Leary could help them increase sales and get the product into more retailers.
| Shark(s) name | Offer & Demand | Counteroffer | Accepted? |
| Robert Herjavec | $45,000 for 40% equity | N/A | N/A |
| Kevin O’Leary | $45,000 for 50% equity | $45,000 in exchange for 25% | Yes |
| Barbara Corcoran | Out | N/A | N/A |
| Mark Cuban | Out | N/A | N/A |
| Lori Greiner | Out | N/A | N/A |
Saucemoto Shark Tank pitch
Saucemoto was founded by Michael Koury, William Moujaes, and Tony Lahood. They wanted to find a solution to a straightforward issue, which is how Saucemoto was born. Although they had trouble with dipping sauces, they all liked eating fast food in their cars. Sauces like ketchup frequently split and make a mess. They made the decision to develop a product that would securely store sauces in cars.
They were all employed in various industries prior to founding Saucemoto. Tony Lahood was a salesperson. William Moujaes was a product designer and marketer. Michael Koury was a former finance professional.
They created the product from the ground up using their expertise. Finding the ideal design was challenging at first.They were aware that the clip needed to be straightforward but strong enough to support sauces. Making sure it would fit in all car vents was their goal. They made several prototypes before they got it just right. Getting the thing made was the next hurdle.
They located a factory where the clips could be made. Although it was a small amount, the initial batch allowed them to test the market. The initial production run was financed by family money.
The business owners also had to deal with issues like sales and marketing. They needed to find a way to connect with consumers. Although they required a larger audience, they sold the video on their website. Social media began to take notice of them and the product gradually became well-known.
The entrepreneurs were confident when they made their Shark Tank pitch. They demonstrated the Saucemoto clip to the sharks. They put a sauce jar inside and connected it to an automobile vent. They drove with the sauce safe in the clip. The product was straightforward but useful. They described how it resolved a typical issue for those who consume fast food while driving.
The business owners want $45,000 in exchange for 15% ownership. They clarified that more than 12,000 units had already been sold. They disclosed their earnings, which came to $75,000 in total. The product sold for $5.75 and cost $0.80 to create. The goal of the investment was to help the business expand and get its goods into more outlets.
The first person to make an offer was Kevin O’Leary. For 50% equity, he wished to invest $45,000. Not as intrigued were the other sharks. Both Mark Cuban and Barbara Corcoran left school. An offer of $45,000 for 40% stock was made by Robert Herjavec. He claimed that trusting in the entrepreneurs was more important than the goods. Following some haggling, the business owners accepted Kevin O’Leary’s offer of $45,000 in exchange for a 25% stake.
The sharks had many questions about the product. They wanted to know how it worked and if there was a real demand for it. Kevin O’Leary asked about the product’s sales numbers. The entrepreneurs explained that they had sold over 12,000 units which brought in $75,000 in revenue. They were selling most of their products directly through their website. Mark Cuban asked if the product was easy to use.
The entrepreneurs showed the sharks how simple it was to attach the clip to the car vent and place the sauce inside. They explained that the clip could hold a variety of sauce containers and would work with most cars. Barbara Corcoran asked if there were other products like it. The entrepreneurs said there were no other products that held sauces in cars. They believed their product was unique.
Robert Herjavec asked how they planned to grow the business. The entrepreneurs explained that they were using their own savings to fund production. They hoped to use the Shark Tank investment to expand their reach and get into more stores. According to the business owners, there were no other goods that could hold sauces in cars. They thought their stuff was special .
Robert Herjavec enquired about their plans for expanding the company. The business owners clarified that they were financing production using their personal funds. The Shark Tank investment was intended to help them reach a wider audience and enter more outlets.
The sharks responded to the pitch in different ways. Kevin O’Leary expressed interest but made a different proposal. He made an offer of $45,000 for half of the business. This caught the founders off guard. Only 15% was what they wished to sacrifice. However, Kevin felt that he needed to be an equal partner in order to truly help the business flourish.
Barbara Corcoran and Mark Cuban left right away. The product did not pique their curiosity. Robert Herjavec offered 40% for forty thousand dollars. He claimed he liked the entrepreneurs but did not really believe in the product. But the founders were unwilling to part with forty per cent.
Kevin and the founders came to an agreement after further haggling. Kevin would invest $45,000 for 25% equity.This satisfied the founders. They formally sealed the deal by shaking hands. Kevin joined the company as an equal partner. He felt that Saucemoto could develop rapidly with his assistance.
What Went With Saucemoto on Shark Tank?
On Shark Tank persuading the sharks that their product was necessary was Saucemoto’s largest challenge. Barbara Corcoran and other sharks questioned whether or not people would purchase a clip for sauce. They considered it a ridiculous idea. Others like Mark Cuban were not interested because they didn’t believe the product had enough growth potential. Additionally, they believed that the market had an excessive number of identical products.
The entrepreneurs succeeded in disproving the sharks. They demonstrated that the product had a legitimate market. Additionally, they thought that the Shark Tank’s impact would increase sales. Saucemoto secured a deal and proceeded to demonstrate its value in spite of the scepticism.
Product Availability
There are now more colours available for the Saucemoto dip clip. Black, grey, and even unique colours like blue for Zaxby’s are available. Packs of two or four clips are available for purchase. The company’s website, Amazon, Walmart, and AutoZone all sell them. The cost of the product is approximately $5.75.
Additionally, Saucemoto is now more than just dip flicks. They now provide sauce-cookery boards and ice cube moulds for sale. Doughnuts and nuggets are the shapes of the ice cube moulds. They cost ten dollars. Eight sauce cups can fit on the sauce-cookery boards. They cost between $35 and $40. Both the company’s website and Amazon offer these new products.
Conclusion
The sharks were drawn to Saucemoto because it was an entertaining and inventive concept. The founders managed to get an agreement with Kevin O’Leary in spite of some scepticism. The business expanded as a result of the Shark Tank impact. Saucemoto attracted new clients and broadened its product portfolio. The business still sells its goods both in-person and online today.
Saucemoto demonstrates that even the most basic concepts may be successful. As the business keeps expanding, its future appears bright.
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.
