Kreyol Essence Net Worth Shark Tank Update 2025

Hair loss and thinning hair are problems many people face every day. This issue does not just affect how people look. It also hurts their confidence. Many people spend a lot of money trying different products. Sadly, many of these products do not work or make things worse. The frustration grows because people only want healthy, beautiful hair but end up feeling helpless. Hair is such a big part of our identity.

When we struggle with it, we feel insecure. People also worry about the ingredients in hair products. Many contain chemicals that can cause damage to hair or even health problems. This makes people look for natural and safe solutions. But finding one is hard.

That is where Kreyol Essence comes in with a promise to solve this problem. Stephane Jean-Baptiste and Yve-Car Momperousse wanted to make a change. They introduced Kreyol Essence, a line of Haitian Black Castor Oil products. These products are natural and promise to help with hair growth and hair health. They do not just want to sell beauty products. They also want to help women in Haiti by creating jobs and opportunities. 

When they appeared on Shark Tank Season 11, they shared their dream with the Sharks. They asked for $400,000 in exchange for 10% of their company. They hoped the Sharks would believe in their mission and help them reach more people who needed natural solutions. This episode was full of emotions and tough negotiations.

Kreyol Essence’s journey inspired many viewers because it was not just about making money. It was also about helping people and giving back to their community.

Kreyol Essence Net Worth Shark Tank Update 2025

Stephane and Yve-Car were looking for an investment of $400k in exchange for 10% equity in the company. At the time of the episode, they valued their company at $4 million. Stephane and Yve-Car successfully secured a deal with Kevin for an investment of $400k for a $0.15 per unit royalty and 5% equity in the company. The investment adjusted the company’s net worth to around $2.67 million. After the show was aired, the company experienced a good boost in exposure. As per my rough estimate, the current net worth of Kreyol Essence is around $10 million.

Shark(s) name	Offer & Demand	Counteroffer	Accepted?
Kevin O’Leary	$400,000 for 37% equity$400,000 for 5% equity + $0.25/unit royalty	$400,000 for a royalty of 15 cents per unit sold	Yes
Daymond John	Out	N/A	N/A
Lori Greiner	Out	N/A	N/A
Barbara Corcoran	Out	N/A	N/A
Mark Cuban	Out	N/A	N/A

Stephane Jean-Baptiste and Yve-Car Momperousse Backstory + Their Initial Pitch

Stephane Jean-Baptiste and Yve-Car Momperousse did not just wake up one day and decide to sell castor oil. Their idea came from personal experience. Yve-Car once suffered a terrible hair disaster when her hair fell out after a bad salon visit. She was desperate to fix it. Her mother suggested Haitian Black Castor Oil. Yve-Car saw amazing results. Her hair started growing back strong and healthy.

This inspired her to bring this miracle oil to the world. But she wanted to do more than sell hair oil. She wanted to help the people of Haiti, especially women, by creating jobs and supporting the economy.

At first, things were not easy for the founders. They faced many challenges. They had to figure out how to make the oil in large amounts without losing quality. They had to build a team in Haiti and train people. It was hard work. There were times they doubted themselves. But their passion for helping others kept them going. They invested time and money to grow their business.

When they stepped into the Shark Tank, they were excited but nervous. They believed in their product with all their hearts. They told the Sharks that Kreyol Essence made Haitian Black Castor Oil products that could help with hair growth, moisture, and even stretch marks. They explained their mission to create jobs for women in Haiti by sourcing the castor seeds directly from farmers.

They shared that in 2018, they had made $1 million in revenue. They had already signed a deal with ULTA Beauty to sell their products in stores across the United States. Their pitch was powerful and full of emotion. They asked the Sharks for $400,000 in exchange for 10% equity. They wanted a partner who would help them grow and reach more customers.

Queries + Sharks’ Responses, and Final Deal

After their pitch, the Sharks were curious. Barbara Corcoran was the first to ask questions. She wanted to know how much of the business relied on Yve-Car herself. She felt like everything depended on her ability to sell and promote the product. She said it would be a problem if Yve-Car got sick or stepped away from the business. Because of this, Barbara decided to drop out. She thought the company would not be able to grow without Yve-Car’s presence.

Mark Cuban was also interested in the product but asked how scalable the business was. He wondered if they could keep growing or if it would only reach a small audience. Mark liked the mission but felt like the company was not investable for him. He decided to drop out too. He wished them luck but did not see a future for himself in the deal.

Daymond John was next to share his thoughts. He said he liked the story but did not have any experience in the beauty industry. He knew he could not help them in the way they needed. So, he also dropped out. He explained that he only invests in businesses where he can add real value.

Lori Greiner then shared her concerns. She asked if they had any clinical studies proving that their product really helped hair grow. She said customers often look for scientific proof before buying. Yve-Car explained that the oil was a traditional remedy used for generations. But Lori wanted to see more data. She worried about the risk of selling a product without clinical proof, so she dropped out as well.

Kevin O’Leary was the last Shark standing. He said he liked the product and the story. He offered $400,000 but wanted 37% equity, which shocked the founders. Yve-Car and Stephane knew giving up that much of their company would hurt their ability to make decisions. They tried to negotiate with Kevin. They suggested giving him a royalty instead of a large share of the company. Kevin liked the idea of royalty because it meant he would keep earning every time they sold a bottle.

They went back and forth on the royalty amount. At first, they offered Kevin a $0.15 royalty per unit sold, but Kevin said he wanted more. He countered with a $0.25 per unit royalty plus 5% equity. Stephane and Yve-Car thought hard about this offer. They knew it was a big decision. In the end, they agreed to Kevin’s terms on the show. It looked like a deal was made.

Product Availability

Kreyol Essence offers many products, but their main star is the Haitian Black Castor Oil. This oil is special because it is made using traditional methods passed down for generations in Haiti. It is thick and dark, rich in nutrients like Vitamin E and Omega 3, 6, and 9. It helps with hair growth, moisturizes dry hair, soothes dry skin, and can even help with stretch marks. People love how it makes their hair shiny and healthy.

Besides castor oil, Kreyol Essence also sells shampoos, conditioners, body creams, and face oils. All their products are made with natural ingredients. They are free from harsh chemicals that can damage hair or skin. People who use their products often say they see results quickly.

Customers can buy Kreyol Essence products on their official website, kreyolessence.com. They are also sold on Amazon, which makes it easy for people all over the world to buy them. Kreyol Essence has expanded into retail stores too. Their products are now available in big chains like Ulta Beauty, Whole Foods Market, and JC Penney Salons. This makes it easier for people to find their products in stores.

Prices for their products vary. A bottle of Haitian Black Castor Oil costs around $20 on their website or Amazon. Larger bottles and sets are more expensive. Customers say the price is worth it because the quality is so high and the products last a long time.

What Happened To Kreyol Essence After Shark Tank?

After Shark Tank, many people worried that the company would struggle because the deal with Kevin fell through. But the opposite happened. Kreyol Essence grew faster than ever before. People loved their story and their mission to help Haiti. The exposure from Shark Tank helped them reach many new customers. Sales started to grow quickly. In fact, the company’s revenue grew by 540% after their episode aired.

Stephane and Yve-Car worked hard to build new partnerships. They expanded into more stores across the US. They also grew their online sales by reaching out directly to customers through social media and their website. In 2023, they reported an estimated annual revenue of $4 million. That is a huge jump from the $1 million they made before Shark Tank.

Today, in 2024, Kreyol Essence is still in business and doing well. They have kept their promise to help women in Haiti. Their company now supports over 300 farmers and workers in Haiti. They continue to pay fair wages and help improve their communities. Their products have also gained awards and recognition from beauty magazines and websites. People praise them for their high-quality, natural products and their commitment to social good.

Conclusion

Kreyol Essence’s journey on Shark Tank was an emotional and inspiring story. They walked into the Tank with a dream to share Haitian Black Castor Oil with the world and help people struggling with hair problems. They also wanted to give back to Haiti by creating jobs and opportunities. Their pitch impressed the Sharks, especially Kevin O’Leary. They agreed to a deal with him on the show.

But after filming, they realized the perpetual royalty was not right for them, so they decided not to finalize the deal.

Even without a Shark’s investment, Kreyol Essence grew stronger than ever. They expanded their retail presence, built new partnerships, and increased their revenue by over 500%. They stayed true to their mission of helping others and making natural, effective beauty products. Today, Kreyol Essence products are available online and in major retail stores.

The founders continue to inspire people with their stories of resilience and their dedication to doing good. Kreyol Essence is proof that with passion, hard work, and a mission bigger than yourself, you can succeed even when the odds are against you.